What it is: Ethereum is a blockchain network (like a public computer) that lets people build and run apps on-chain.

 

ETH the coin: ETH is Ethereum’s native cryptocurrency. It’s used to pay transaction fees (“gas”) and can be transferred between wallets like digital money.

 

What makes Ethereum different: It supports smart contracts (self-executing code), which power things like DeFi (trading/lending), NFTs, and stablecoins.

 

Supply/fees basics: When the network is busy, gas fees can rise. Part of the fee can be burned, which can reduce net ETH issuance at times.

 

How people use ETH: pay gas, trade, hold/invest, provide liquidity in DeFi, or stake via providers (staking has risks and lockups depending on method).

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