Ethereum (cryptocurrency)

Ethereum is a blockchain-based platform that enables developers to create and run decentralized applications (dApps) and smart contracts—self-executing agreements with coded rules. Its cryptocurrency, Ether (ETH), is used to pay for transaction fees and computational services on the network. Unlike traditional cryptocurrencies, Ethereum's primary value lies in its programmable blockchain, facilitating innovations like decentralized finance (DeFi) and non-fungible tokens (NFTs). It operates securely and transparently without centralized control, relying on a global network of computers to validate and record transactions, fostering trust, automation, and innovation in various digital interactions.