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What is Ethereum used for

What is Ethereum used for

Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was designed to be a flexible, programmable blockchain that supports a wider range of use cases than Bitcoin, which is primarily used as a digital currency. Ethereum’s native cryptocurrency is Ether (ETH), which is used to pay for transaction fees and computational services on the network. Ethereum is used for a variety of purposes, including as a platform for decentralized finance (DeFi) applications, supply chain management, gaming, and more.


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Andrew McCombe
Andrew McCombe
Andrew McCombe is the Co-founder of Web 3.0 TV - > Web 3.0 TV shares inspiring web 3.0 stories making a difference to the world - Web 3 TV


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