Ethereum is a groundbreaking blockchain platform created by Vitalik Buterin and launched in 2015. Unlike Bitcoin, which is primarily a digital currency, Ethereum is designed to enable developers to build and deploy smart contracts and decentralized applications (dApps). These smart contracts are self-executing contracts with the terms of the agreement written directly into code, allowing for automated and secure transactions without intermediaries.

Ether (ETH) is the native cryptocurrency of the Ethereum network, used to pay for transactions and computational services. Ethereum’s versatility has led to its widespread use in decentralized finance (DeFi), non-fungible tokens (NFTs), and various enterprise solutions. As Ethereum continues to evolve with upgrades like Ethereum 2.0, it remains a key player in the blockchain space, driving innovation and transforming industries.

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