$ETH

Ethereum (ETH) is a decentralized, open-source blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin, it uses its native cryptocurrency, Ether (ETH), to power transactions and computational services on the network. Unlike Bitcoin, which focuses primarily on being a digital currency, Ethereum's blockchain supports programmable applications, making it a foundation for innovations in sectors like finance, gaming, and supply chain. Ethereum operates on a Proof of Stake consensus mechanism, enhancing scalability and reducing energy consumption compared to its earlier Proof of Work system.