$ETH Here’s more detailed information about Ethereum (ETH):

Key Features of Ethereum:

Smart Contracts: Ethereum introduced the concept of smart contracts—self-executing contracts with the terms directly written in code. These contracts automatically enforce and execute terms without the need for intermediaries.

Decentralized Applications (dApps): Ethereum allows developers to build decentralized applications (dApps) on its platform. These dApps run on the Ethereum blockchain, ensuring security, transparency, and reliability.

Ethereum 2.0 (Eth2): Ethereum has transitioned from a Proof of Work (PoW) consensus mechanism to Proof of Stake (PoS) in Ethereum 2.0. This shift improves scalability, reduces energy consumption, and increases network security. The upgrade has been rolled out in phases, with the most notable being the "Merge" in 2022.

Gas Fees: Ethereum requires users to pay "gas fees" for transactions and smart contract executions. Gas fees are used to compensate miners (or validators, post-Ethereum 2.0) for their work in processing and validating transactions.

Ether (ETH): Ether (ETH) is the native cryptocurrency of the Ethereum blockchain. ETH is used to pay for transaction fees and computational services on the network.

Decentralized Finance (DeFi): Ethereum is the primary platform for DeFi—a movement that aims to recreate traditional financial services (like lending, borrowing, trading, etc.) in a decentralized manner without relying on intermediaries like