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Frequently asked questions
Ethereum is a decentralized cryptocurrency exchange platform that allows users to send digital assets anywhere for a small fee. Its onboard currency is Ether or ETH, second only to bitcoin in popularity. Ethereum's primary purpose is to allow participants to exchange digital assets and cryptocurrency privately. It creates a peer-to-peer network that executes a smart contract, which is an application code that gives users the ability to conduct transactions without the intervention of a government or financial institution. Ethereum is programmable and open-source and can be modified to allow the exchange of many types of digital assets, including Bitcoin. Ethereum is accessible over several applications and available worldwide to anyone with internet capability.