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A coin is a cryptocurrency that operates on its own independent blockchain network, typically used for store of value, medium of exchange, and unit of account. Coins are issued through consensus mechanisms such as mining or proof-of-stake, featuring decentralization, security, and programmability, representing the base currency layer in blockchain ecosystems.

Currency is a widely accepted medium of exchange used for payments for goods and services or settlement of debts, serving three fundamental functions: medium of exchange, store of value, and unit of account. Currency has evolved from early commodity forms (such as shells and precious metals) to modern fiat currencies, and more recently to digital forms including cryptocurrencies.

Ether (ETH) is the native cryptocurrency of the Ethereum blockchain network. It functions as the core economic unit of the Ethereum ecosystem, primarily used to pay transaction fees (known as "gas" fees), incentivize network validators, store value, and serve as the base monetary unit for all applications built on the Ethereum network.

Solflare is a non-custodial wallet for the Solana blockchain that enables users to securely store, manage SOL and other SPL tokens, and supports staking, trading, and interaction with decentralized applications. As a native wallet in the Solana ecosystem, it offers cross-platform support including browser extensions, mobile applications, and web interfaces.

Fiat currency is a government-issued money form with legal tender status that derives its value not from backing by physical commodities like gold, but primarily from the issuing government's creditworthiness and legal decree. Modern fiat currencies (such as the US Dollar, Euro, and Chinese Yuan) function as the foundation of national monetary systems, typically issued and managed by central banks, performing three essential functions: medium of exchange, unit of account, and store of value.