Ether

Ether is the digital currency used on the Ethereum blockchain, a platform for creating decentralized applications and smart contracts. Think of it as both a fuel and a currency: it powers transactions and computations on the network, allowing developers to build and run programs without centralized control. Ether is earned, traded, and used to pay for services on the Ethereum platform, much like how gasoline fuels a car or how money is used for services in the physical world. It enables secure, transparent, and automatic agreements without middlemen, transforming how digital transactions and applications are built and operated.