Ether

Ether (ETH) is a cryptocurrency that is native to the Ethereum blockchain network. It is a programmable blockchain capable of executing smart contracts and decentralized applications. Ether is used to pay for transactions on the Ethereum blockchain, including smart contract execution and gas fees. It is also used as a form of payment for products and services offered by decentralized applications built on the Ethereum network. As a decentralized cryptocurrency, Ether provides a borderless and permissionless means of value transfer and storage, enabling users to send and receive funds without intermediaries such as banks or financial institutions.