Cryptocurrency Q&A
Is ETH centralized or decentralized?
Is ETH centralized or decentralized?
Margherita
Sat Dec 28 2024
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7 answers
2031
I am trying to understand whether Ethereum, often referred to as ETH, is a centralized or decentralized platform. I want to know if its operations and control are distributed among users or if it's controlled by a central authority.
7 answers
Alessandra
Mon Dec 30 2024
The application code on Ethereum is referred to as smart contracts.
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Stefano
Mon Dec 30 2024
Smart contracts enable seamless transactions between participants.
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HallyuHeroLegend
Mon Dec 30 2024
Ethereum operates as a decentralized blockchain platform.
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Eleonora
Mon Dec 30 2024
It facilitates the establishment of a peer-to-peer network.
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CryptoWizard
Mon Dec 30 2024
These transactions occur without the need for a trusted central authority.
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