Ethernet is a local area network protocol used in both bus and star topologies. It was developed in 1972 and standardized by IEEE as 802.3. Ethernet uses CSMA/CD access method and has evolved from 10 Mbps speeds using coaxial cable to today's Gigabit speeds using twisted pair or fiber optic cabling. The Ethernet frame contains destination and source addresses, data, and a frame check sequence for error detection.