The cryptocurrency that powers the Ethereum network is called Ether (ETH).
Ether is used to pay for transactions and computational services on the Ethereum network.
Ethereum was designed to be a platform for decentralized applications (dApps) and smart contracts.
Ethereum's smart contract functionality enables developers to build applications that automate complex financial transactions, manage digital assets, and more.
The Ethereum network is secured by a proof-of-work consensus algorithm, but the network is expected to transition to a proof-of-stake consensus algorithm in the future.
Ethereum has a strong developer community and is home to many popular dApps, including decentralized exchanges, games, and social networks.