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Ethereum is a decentralized blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (dApps) without downtime or third-party interference. Beyond its native cryptocurrency Ether (ETH), Ethereum's key innovation is its programmability, allowing complex automated agreements and creating an ecosystem for finance, gaming, digital art, and other use cases. It stands out from Bitcoin by prioritizing computational flexibility and application development rather than serving solely as a peer-to-peer payment system.