ETHM

ETHM, also known as Etherem, is a cryptocurrency that operates on its own blockchain. It was launched in 2018 and aims to provide a decentralized platform for various applications. The ETHM network utilizes a proof-of-stake consensus mechanism, which differs from the proof-of-work system employed by some other cryptocurrencies.

The primary goal of ETHM is to support smart contracts and decentralized applications (dApps). Smart contracts are self-executing contracts with the terms of the agreement directly written into code. This allows for automated and transparent transactions without the need for intermediaries. dApps built on the ETHM blockchain can range from financial services and gaming to supply chain management and more.

The ETHM token serves as the native currency of the network. It is used to pay for transaction fees, also known as gas, required to execute operations on the blockchain. Holders of ETHM can also participate in the network's security by staking their tokens, earning rewards in return. The development team behind ETHM focuses on scalability, security, and user experience to foster a robust ecosystem for innovation. While its market capitalization and adoption are factors to consider, ETHM represents an ongoing effort in the broader cryptocurrency space to enable decentralized solutions.