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Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). Unlike Bitcoin, which serves primarily as a digital currency, Ethereum aims to function as a broader framework for decentralized computing and programmable transactions. Introduced in 2015 by Vitalik Buterin and a team of developers, Ethereum allows users to write custom code and deploy it on the blockchain, where it can execute automatically under specific conditions. These self-executing contracts open up a wide array of possibilities for decentralized finance, supply chain management, voting systems, and beyond. Ethereum has its own native cryptocurrency called Ether (ETH), used for transactions and as a "fuel" to execute smart contracts. The platform's versatility and active developer community have made it one of the most significant and innovative projects in the blockchain space.
Published: Feb. 17, 2022, 10:14 a.m.
In the realm of blockchain technology, the concept of consensus is as vital as the oars in a boat. Without it, the decentralized network would drift aimlessly, vulnerable to … Read More
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