"Saving Ethereum: Understanding What Ethereum Is and How to Keep It Safe"
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Melvina
How can I save Ethereum (what is Ethereum) and how to use it?
2023-06-04 12:55
Answer list:：
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Lucy
Ethereum is a decentralized blockchain platform that enables the creation of smart contracts and decentralized applications (DApps). The platform operates on a distributed ledger technology that records and tracks all transactions and activities on the blockchain. The Ethereum network is maintained by a network of nodes that validate and process transactions. The network also utilizes a consensus algorithm, known as Proof of Work, to ensure the security and integrity of the blockchain. Ethereum utilizes a virtual machine known as the Ethereum Virtual Machine (EVM) which executes smart contracts and decentralized applications. These smart contracts are stored in the blockchain and are automatically executed when certain conditions are met. The executed transactions and changes to the state of the blockchain are stored in blocks which are linked together in a chain of blocks known as the blockchain.
Release time 2023 06 04