Ethereum is a blockchain-based platform that allows developers to build and deploy decentralized applications (dApps). It executes dApps via the Ethereum Virtual Machine (EVM), supporting smart contracts, tokens, and decentralization. Ethereum provides developers with a friendly development environment and features security, scalability, and a wide range of applications.
#What is Ethereum?
Ethereum is a distributed platform based on blockchain technology. It allows developers to build and deploy decentralized applications (dApps) on the platform.
How Ethereum works
Ethereum uses the Ethereum Virtual Machine (EVM) to execute dApps. The EVM is a secure sandbox capable of running code on the blockchain. All transactions and contracts running on Ethereum are executed by the EVM.
Main Features of Ethereum
- Smart Contracts: dApps on Ethereum can use special programs called smart contracts. Smart contracts are codes that are stored on the blockchain and automatically execute predefined rules.
- Tokens: The Ethereum platform supports the creation, issuance and trading of tokens. These tokens can be used as currency in dApps or for other purposes.
- Decentralization: The Ethereum network is maintained by globally distributed nodes. This eliminates central points of failure and increases system safety and reliability.
Advantages of Ethereum
- Developer Friendly: Ethereum provides a range of tools and resources for developers , enabling them to easily build and deploy dApps.
- Security: Ethereum uses blockchain, which is a highly secure and immutable distributed ledger.
- Scalability: Ethereum is actively developing scaling solutions such as sharding to increase its transaction processing capabilities.
Applications of Ethereum
Ethereum has a wide range of applications, including:
- Decentralized Finance (DeFi)
- Non-Fungible Token (NFT)
- Supply Chain Management
- Game
- Digital Identity
The above is the detailed content of What does Ethereum mean?. For more information, please follow other related articles on the PHP Chinese website!
The Pi Network token price has increased by more than 14% over the past week.Apr 16, 2025 am 11:22 AMAs of press time, Pi is trading at $0.6711 after its integration with Chainlink on April 12th. The announcement caused a surge in the price of Pi
More Reasons to Be Bullish on SUI as Price Enters Prime Buying ZoneApr 16, 2025 am 11:20 AMAn analyst on X, Frigg, highlights multiple reasons to be optimistic about SUI Network price trajectory.
Bitcoin (BTC) Sentiment Is Turning Bullish as Over $467 Million of the Cryptocurrency Was Withdrawn From Exchanges YesterdayApr 16, 2025 am 11:18 AMFollowing today's data released by IntoTheBlock, sentiment around Bitcoin appears heightening towards bullishness.
Movement Labs and the Movement Network Foundation have launched an independent investigation into recent market-making irregularities related to the MOVE token.Apr 16, 2025 am 11:16 AMnt Labs and the Movement Network Foundation Launch Independent Investigation into MOVE Token Market-Making Irregularities
![A wave of capital is flowing out of Ethereum [ETH] and into Tron [TRX]](https://img.php.cn/upload/article/001/246/273/174477326297054.jpg?x-oss-process=image/resize,p_40)
A wave of capital is flowing out of Ethereum [ETH] and into Tron [TRX]Apr 16, 2025 am 11:14 AMWith $1.52 billion in stablecoins migrating to Tron, investors appear to be favoring lower-cost chains and diversifying beyond traditional USD-backed assets.
Mantra CEO John Patrick Mullin Burns His Allocation of OM Tokens to Restore Investor ConfidenceApr 16, 2025 am 11:12 AMMantra CEO John Patrick Mullin has proposed burning his allocation of OM tokens in a move aimed at restoring investor confidence after the protocol's native token suffered a sharp collapse.
Recent market movements and technical analysis suggest that BONK may be on the brink of a significant price surge, outpacing Solana's broader ecosystem.Apr 16, 2025 am 11:10 AMTechnical Setup for Bonk Price Recovery According to prominent crypto analyst Altcoin Sherpa, Bonk is showing signs of a potential rebound.
Securitize Acquires MG Stover's Fund Administration Business to Become the Largest Digital Asset Fund AdministratorApr 16, 2025 am 11:08 AMSecuritize, one of the largest tokenized asset issuers, said on Tuesday it has acquired MG Stover's fund administration business
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
AI Hentai Generator
Generate AI Hentai for free.
Hot Article
Hot Tools
Dreamweaver Mac version
Visual web development tools
DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software
Safe Exam Browser
Safe Exam Browser is a secure browser environment for taking online exams securely. This software turns any computer into a secure workstation. It controls access to any utility and prevents students from using unauthorized resources.
ZendStudio 13.5.1 Mac
Powerful PHP integrated development environment
SublimeText3 English version
Recommended: Win version, supports code prompts!
