What is Ethereum in simple terms
Ethereum is a blockchain that powers decentralized applications (dApps), exchanges, staking protocols, and financial services. The cryptocurrency within this ecosystem is called Ether and is denoted by the ticker ETH.
Ether is used to pay for transactions, launch smart contracts, and participate in various protocols. The price of Ethereum is formed on open cryptocurrency exchanges, where ETH/USD, ETH/USDT, and other pairs are available, and the current price of ETH and the price change chart are displayed in real time.


