#CryptoClarityAct Eth" is commonly used as a shorthand for Ether, which is the native cryptocurrency of the Ethereum blockchain platform.
Here's a breakdown:
* Ethereum: This is a decentralized, open-source blockchain platform that enables smart contract functionality. It's much more than just a cryptocurrency; it's a platform for building and running decentralized applications (dApps).
* Ether (ETH): This is the actual token used on the Ethereum network. It serves several purposes:
* Transaction fees (Gas): Users pay Ether to execute transactions and run smart contracts on the Ethereum blockchain.