ETH, short for Ethereum, is the second-largest cryptocurrency by market capitalization after Bitcoin. Launched in 2015 by Vitalik Buterin and others, Ethereum is a decentralized platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). Unlike Bitcoin, which mainly serves as digital money, Ethereum’s blockchain is programmable, allowing for more complex use cases like DeFi (Decentralized Finance), NFTs (Non-Fungible Tokens), and DAOs (Decentralized Autonomous Organizations). ETH, the native cryptocurrency of the Ethereum network, is used to pay for transactions and computational services on the platform. Ethereum continues to evolve, with upgrades like Ethereum 2.0 improving scalability and sustainability.
