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Glossary

Ethereum

In short

Ethereum is the second-largest cryptocurrency and a platform for programmable money: it runs smart contracts — agreements that execute themselves.

While Bitcoin is primarily a store of value, Ethereum is the infrastructure behind DeFi, NFTs and thousands of tokens. Its currency, ether (ETH), pays for the network's computation.

What is the difference between Ethereum and ether?

Ethereum is the network; ether (ETH) is its currency — in everyday speech the two blur.

Information, not investment advice. More of this? The newsletter.