This is a networking standard for Local Area Networks. In fact, this is by far the most popular of all networking standards for LANs. It supports speeds of up to 10 Gigbits per second. However, what is more common these days is 100 Mbps speed networks with selective points operating at 1 Gbps. It used special grades of twisted pair copper wires for data transmission though the earlier versions of Ethernet used co-axial cables. The name Ethernet was coined by Robert Metcalf, one of its developers.