$ETH Ethereum is one of the most prominent and widely used cryptocurrencies after Bitcoin. Here’s a quick overview:

What is Ethereum?

• Symbol: ETH

• Founded: In 2015 by Vitalik Buterin and others.

• Blockchain: It has its own network called the Ethereum Blockchain.

• Currency: Ether (ETH) is the currency used within the Ethereum network.

What distinguishes Ethereum:

• Smart Contracts: Programs that execute automatically when certain conditions are met.

• Decentralized Finance (DeFi): Used to build financial applications without the need for banks.

• Non-Fungible Tokens (NFTs): Most of them are built on the Ethereum network.

The difference between it and Bitcoin:

• Bitcoin is primarily used as a currency or a store of value.

• Ethereum is used as an infrastructure for decentralized applications.