$ETH
ETH refers to Ethereum, a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It's the second-largest cryptocurrency by market capitalization, after Bitcoin.
Here are some key aspects of ETH:
*Key Features:*
1. *Smart Contracts*: Ethereum's core innovation is the ability to execute smart contracts, which are self-executing contracts with the terms of the agreement written directly into lines of code.
2. *Decentralized Applications (dApps)*: Ethereum's platform enables the creation of dApps, which are applications that run on the blockchain, rather than on a centralized server.
3. *Ether (ETH)*: ETH is the native cryptocurrency of the Ethereum network, used to pay for transaction fees, computation, and storage.
*Use Cases:*
1. **DeFi