What is Ethereum (ETH)? Ethereum is a decentralized global software platform driven by blockchain technology. Known to investors for its native cryptocurrency, Ether (ETH), and to developers for its use in blockchain and decentralized finance (DeFi) applications, it is both versatile and innovative.
Ethereum is accessible to anyone and is designed to be scalable, programmable, secure, and decentralized, making it ideal for creating secure digital technologies. Its token is used to compensate participants for work performed to support the blockchain, and it can also be used as a payment method for goods and services, provided the vendor accepts it.