Introduction to ETH (Ethereum) Cryptocurrency
Ethereum (Ethereum, abbreviated as ETH) is a unique smart contract blockchain platform. It is not only a cryptocurrency but also provides a programmable blockchain ecosystem that allows developers to build a variety of projects and applications on it.
Main Features:
- Smart Contracts: Ethereum supports smart contracts, enabling developers to create custom applications and tokens on it.
- Programmability: Ethereum’s blockchain is programmable, meaning developers can use smart contract standards (such as ERC-20) on it to create their own tokens and applications.
- Decentralized Applications: Ethereum supports decentralized applications (dApps), which can operate without centralized servers.
- Blockchain Network: Ethereum has its own blockchain network to secure the network and validate transactions.
Differences from Other Cryptocurrencies:
- Difference Between Tokens and Coins: Ethereum’s native cryptocurrency is Ether (ETH), whereas tokens created on it (such as ERC-20 tokens) do not have their own underlying blockchain.
- Wide Application Range: The programmability of Ethereum makes its application range very broad, including areas like decentralized finance (DeFi) and non-fungible tokens (NFTs).
In summary, Ethereum is a smart contract blockchain platform with extensive application potential, providing a programmable blockchain ecosystem that supports the creation of decentralized applications and tokens.
