"Etherum: An Introduction to the Blockchain-Based Smart Contract Platform"


2023-06-01 03:29

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Release time 2023 06 01

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Release time 2023 06 01

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Release time 2023 06 01

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Ethereum is a decentralized platform that enables the creation of smart contracts and decentralized applications, or dApps, that run on its blockchain. It was designed as an open-source platform and offers programmable money that allows for the creation of programmable digital assets, or tokens.

The Ethereum blockchain is powered by ether, a digital currency that is used for executing transactions and incentivizing network participants. Smart contracts on Ethereum are self-executing programs that automatically execute when predetermined conditions are met. This eliminates the need for intermediaries or middlemen in many cases, making transactions faster, cheaper, and more secure.

Decentralized applications or dApps built on Ethereum allow for a wide range of use cases, including supply chain management, identity verification, social networking, gaming, and more. The decentralized nature of these applications provides greater privacy, security, and user control compared to traditional centralized applications.

Overall, Ethereum is a powerful platform that enables the development of a new generation of decentralized applications that can change the way we interact and do business online.

Release time 2023 06 01

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