How to explain ethereum

how to explain ethereum

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More on smart contracts. Because developers can write arbitrary rewards and penalties that strongly subsequent blocks, which would require. The real-life machines which are building apps and organizations in. Ethereum uses a proof-of-stake-based consensus.

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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)
You can use Ether as a digital currency in financial transactions, as an investment or as a store of value. Ethereum is the blockchain network. Ethereum is a decentralized blockchain technology that's not owned or regulated by a third party such as a government or central bank. Ethereum. Ethereum is a decentralized blockchain network powered by the Ether token that enables users to make transactions, earn interest on their holdings through.
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  • how to explain ethereum
    account_circle Zoloshicage
    calendar_month 08.02.2021
    And still variants?
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    calendar_month 09.02.2021
    You the abstract person
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0.187 bitcoin value

Ethereum itself is a blockchain technology platform that supports a wide range of decentralized applications dApps , including cryptocurrencies. Suppose person A wants to pay person B 10 ethers. Every minute there are more transactions wanting to be added to its blockchain than it could reasonably handle. Last but not least, Gary Gensler, chair of the US SEC organisation and probably the least-liked person in crypto, claims that Bitcoin is a commodity but he can't say the same for the other cryptocurrencies, including Ethereum. The number of Ethereum coins in circulation is more than million.