I recently heard about
Ethereum and I'm curious to understand what it actually means. I've heard it's related to cryptocurrency, but I'd like a clear explanation of its definition and purpose.
7 answers
ethan_thompson_journalist
Sun Dec 01 2024
The application code on Ethereum is referred to as a smart contract.
EtherWhale
Sun Dec 01 2024
Ethereum operates as a decentralized blockchain platform.
SamuraiWarrior
Sun Dec 01 2024
It facilitates the establishment of a peer network.
BlockchainVisionary
Sun Dec 01 2024
This network is capable of securely executing and verifying application code.
Maria
Sat Nov 30 2024
Smart contracts enable participants to engage in transactions with each other.