Ethereum is a decentralized, open-source blockchain system that features smart contract functionality. It is the second-largest cryptocurrency by market capitalization after Bitcoin. The native cryptocurrency of the Ethereum platform is called Ether (ETH). Ether is used to compensate participants who perform computations and validate transactions on the Ethereum network. It can also be traded on various cryptocurrency exchanges and is used to pay for transaction fees and computational services on the Ethereum network. Additionally, Ether is used as a means of exchange for decentralized applications (dApps) built on the Ethereum platform and as a store of value.

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