What Is Ethereum (ETH)?
Definition and plain-English explanation of "Ethereum (ETH)"
Ethereum is the second-largest cryptocurrency by market cap. Unlike Bitcoin, Ethereum is a programmable blockchain platform that supports smart contracts — self-executing code that powers decentralised applications (dApps), DeFi protocols, and NFTs. Ether (ETH) is the native currency used to pay for transactions and computation on the Ethereum network.
Related Terms
A blockchain is a decentralised, distributed digital ledger that records transactions across a netwo...
Bitcoin is the world's first and largest cryptocurrency, created in 2009 by the pseudonymous Satoshi...
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Decentralised Finance (DeFi) refers to financial services built on blockchain technology that operat...
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