The Ethernet frame has a standard structure that defines fields like the destination address, source address, and optional Q-Tag for VLAN tagging. It began as defined in the DIX standard and was later modified by IEEE 802.3, with the key change being whether the type/length field defined type or length. The frame structure allows interfaces to read frames by destination address and ignore unwanted traffic. The preamble provides synchronization and the addresses define unicast, multicast, or broadcast traffic with the first bits of each address field.