Ethereum

Definition: Ethereum is a decentralized, open-source blockchain system that features smart contract functionality. It provides a platform for building and running decentralized applications (dApps) and uses Ether (ETH) as its native cryptocurrency. Ethereum's notable for its ability to execute programmable transactions through smart contracts, which are self-executing contracts with the terms of the agreement directly written into code.

Category: Blockchain Network

Example: When a user interacts with a dApp on Ethereum, they are executing transactions through smart contracts, which are then validated and added to the Ethereum blockchain.

External Resources:

• What is Ethereum? - An introduction to Ethereum, its features, and functionalities.