$TRX I Ethereum (ETH) is a decentralized blockchain platform that facilitates the creation and execution of smart contracts and decentralized applications (dApps). It's the second-largest cryptocurrency by market capitalization after Bitcoin, and its native currency is Ether (ETH). Ethereum was conceived in 2013 by Vitalik Buterin and launched in 2015.

Here's a more detailed breakdown:

Key Features and Functions:

Decentralized Blockchain:

Ethereum uses a blockchain, a distributed ledger that records transactions in a secure and transparent manner.

Smart Contracts:

These are self-executing agreements written in code that run on the Ethereum blockchain. They automate processes and can be used for various purposes, including decentralized finance (DeFi) and non-fungible tokens (NFTs).

Decentralized Applications (dApps):

Ethereum provides a platform for developing and deploying dApps, which are applications that run on a peer-to-peer network and are not controlled by a single authority.