Ethereum is a decentralized blockchain network that, in addition to transferring value, also enables the operation of smart contracts and decentralized applications. Its native currency is ether (ETH), which is used, for example, to pay network fees and run applications within the ecosystem.

Unlike Bitcoin, which is primarily associated with digital money, Ethereum significantly expanded the possibilities of blockchain through programmability. Thanks to this, decentralized finance, NFTs, tokens, and entirely new types of internet services that operate without a traditional intermediary were created on the network.

Today, Ethereum is one of the most important blockchain networks in the world. In practice, it is essential not only for investors, but also for developers, startups, and companies that want to build new digital products on top of open infrastructure.

If you want to understand Ethereum in greater depth, read our educational article “What Is Ethereum”, where we explain everything in more detail.