Ethereum
Ethereum is a decentralized blockchain-based ecosystem that enables the creation and execution of smart contracts and decentralized applications, known as dApps. It utilizes its native cryptocurrency called Ether, or ETH, for transactions and operations within the network.
Ethereum’s main feature is the ability to develop and deploy smart contracts, which are self-executing agreements with predetermined rules and conditions. These smart contracts enable the creation of diverse applications, from commerce and financial services to decentralized governance systems. Ethereum has gained significant popularity and is widely recognized as a leading platform for decentralized finance (DeFi), non-fungible tokens (NFTs), and other innovative projects because of its programmable and flexible nature.