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Ethereum, explained simply

A blockchain that runs programs (smart contracts), with Ether (ETH) as its coin.

Ethereum does what Bitcoin does - moves value - and also runs small programs called smart contracts. Those programs power most stablecoins, decentralised exchanges and NFTs.

Using it costs a fee paid in Ether, called gas.

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Written by Coin Healer for beginners. Information only, not financial advice.