ETH, Ethereum (ETH), Ether

1. coin

Ethereum (ETH) is the leading distributed application network, focused on making smart contracts and programmable money.

Ethereum (ETH) is the currency which is used for gas to pay for network fees on the Ethereum Virtual Machine (EVM). This gas (ETH) is used while executing smart contracts which are used for enabling decentralized applications (DAPPS) - many of which are enabling decentralized finance (DeFi).

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* All terms and definitions may update as the Cryptionary improves.