ETH stands for Ethereum, which is a decentralized blockchain platform that enables the creation and execution of smart contracts and decentralized applications (DApps). Ether (ETH) is the native cryptocurrency of the Ethereum platform, used to facilitate transactions and compensate participants who perform computations and validate transactions on the network. Ethereum aims to provide a platform for developers to build various decentralized applications, ranging from finance and gaming to supply chain management and more.

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