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What does Ethereum mean?

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Apr 19, 2024 pm 02:58 PM

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What does Ethereum mean? This is an issue that many netizens are concerned about. Next, the editor of PHP will introduce the meaning of Ethereum to you. Interested netizens should follow the editor to take a look!

What does Ethereum mean?

Introduction to the meaning of Ethereum

1. Ethereum is a decentralized platform based on blockchain technology, created by Founded in 2015 by Vitalik Buterin.

2. It supports a variety of applications, including smart contracts, decentralized applications (dApps) and financial services.

3. Ethereum uses Ether (ETH) as the native cryptocurrency for transactions and payment of network fees.

4. Its main features include decentralization, security and programmability, making it an ideal platform for various blockchain projects.

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