$ETH

ETH (Ethereum)

Ethereum (ETH) is a blockchain-based platform and cryptocurrency launched in 2015. Beyond being a digital currency, it enables the creation of smart contracts and decentralized applications (dApps).

Key Features:

1. Smart Contracts: Facilitates automated and transparent agreements.

2. Developer Ecosystem: Ideal for building decentralized apps.

3. Proof-of-Stake (PoS): Transitioned to an eco-friendly protocol in Ethereum 2.0.

4. NFT Support: The primary platform for creating Non-Fungible Tokens (NFTs).

Uses:

Executing smart contracts

Building and using dApps

Powering NFTs and DeFi projects

Impact:

ETH is a pioneer of blockchain technology and Web 3.0, playing a crucial role in the crypto ecosystem.