$ETH

Ethereum (often people say “Ethereum coin,” but the coin is actually called Ether – ETH) is one of the most important cryptocurrencies in the world.

Here’s the simple breakdown 👇

What is Ethereum?

Ethereum is a blockchain platform created in 2015 by Vitalik Buterin. It’s not just for sending money—it's like a global computer that runs apps without a central authority.

What is Ether (ETH)?

ETH is the native coin of the Ethereum network. It’s used to:

Pay transaction fees (called gas fees)

Run smart contracts

Stake to help secure the network

Trade or invest like other cryptocurrencies

Why is Ethereum special?

✅ Smart Contracts: Self-executing agreements with no middleman

✅ DeFi: Powers decentralized finance (lending, swapping, earning)

✅ NFTs: Most NFTs are built on Ethereum

✅ DApps: Thousands of decentralized apps run on it

Ethereum vs Bitcoin

Bitcoin = digital money 🪙

Ethereum = digital money + apps + finance + NFTs 🚀

Future of Ethereum

Ethereum is moving toward being faster, cheaper, and more eco-friendly (after shifting to Proof of Stake). Many believe it’s the backbone of Web3 and the future internet.