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🌐 Ethereum — It's More Than Just ETH

  • Ethereum is not just a cryptocurrency like ETH but a platform for smart contracts and decentralized apps.
  • Ether (ETH) on Ethereum can be divided into smaller units such as Gwei and Wei.
  • To interact with Ethereum, users need a wallet to hold keys, with options like MetaMask, Rainbow, MyEtherWallet, or Remix Wallet.
  • Ethereum has two types of accounts: EOAs controlled by individuals and Contracts controlled by deployed code. A simple smart contract, like a faucet, can be built to withdraw a small amount of ETH.

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