Ethereum belongs to the blockchain sector, and its characteristics include: decentralization, security, and transparency. It provides infrastructure to support blockchain-based applications such as smart contracts, decentralized applications, and non-fungible tokens.
Ethereum belongs to the blockchain sector
Definition and characteristics:
Blockchain is a distributed ledger technology that stores data in immutable chained structures called blocks. Its features include:
Ethereum’s position in the blockchain sector:
Ethereum is a decentralized platform based on blockchain technology. It is as follows The application provides the foundation:
Therefore, Ethereum belongs to the blockchain sector because it is built on blockchain technology and provides a platform for various blockchain-based applications.
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