🪙 Ethereum (ETH)
It is the second largest cryptocurrency after Bitcoin, and is considered one of the most important blockchain projects due to its ability to run smart contracts and decentralized applications.
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🧠 What is Ethereum (ETH)
* It is an open-source blockchain platform created in 2015 by Russian-Canadian developer Vitalik Buterin and his team.
* The native currency $ETH is used as a means to pay gas fees and execute transactions within the network.
* The platform allows for the creation and operation of smart contracts and decentralized applications (dApps) without intermediaries.
📈 Market Cap: Over $400 billion, making it the second largest currency after Bitcoin.
🧩 Key Uses
1- Decentralized Finance (DeFi) – Thousands of applications like Uniswap and Aave operate on Ethereum.
2- Non-Fungible Tokens (NFTs) – Most NFT projects like Bored Ape operate on Ethereum.
3- Smart Contracts – Used to create transactions without intermediaries: rental agreements, insurance, voting, and more.
4- ERC-20 Tokens – Most new currencies start as tokens on the Ethereum network.
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