Ethereum is a decentralized, open-source blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). Unlike Bitcoin, which is primarily focused on digital currency, Ethereum provides a more versatile platform that supports various use cases, including decentralized finance (DeFi), NFTs, and more.
Ether (ETH) is the native cryptocurrency used to pay for transactions and computational services on the Ethereum network.
If you’re new to blockchain technology or want to learn more about how Ethereum and transactions work, we recommend checking out Learn About Ethereum, a guide created by the Ethereum Foundation. This comprehensive resource covers everything from the basics of Ethereum to more advanced topics, helping you gain a clearer understanding of how transactions and decentralized apps work.