Ethereum: Beyond Cryptocurrency - Deepstash

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<p>Ethereum is a decentralized...

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third-party interference.

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How  it Works

How it Works

Think of Ethereum as a global computer where anyone can build and use decentralized applications. These applications can manage anything of value, from money to property to identities.

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<p>These are self-executing co...

These are self-executing contracts with the terms of the agreement directly written into code.

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<p>This is the cryptocurrency ...

This is the cryptocurrency used to pay for transaction fees and to interact with the Ethereum network.

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<p><strong>2013</strong>: Ethe...

2013: Ethereum was conceived by Vitalik Buterin, a programmer and co-founder of Bitcoin Magazine.

2014: Ethereum raised over $18 million through an ICO (Initial Coin Offering).

2015: The Ethereum network launched.

2022: Ethereum transitioned from Proof of Work to Proof of Stake, a more energy-efficient consensus mechanism.

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Beyond Cryptocurrency

Beyond Cryptocurrency

While Ethereum is known for its cryptocurrency, Ether, its potential extends far beyond:

  • DeFi
  • NFT
  • Gaming
  • SCM

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<p>Ethereum powers a wide rang...

Ethereum powers a wide range of financial applications without intermediaries.

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<p>Ethereum is a popular platf...

Ethereum is a popular platform for creating and trading unique digital assets.

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Gaming

Gaming

:Ethereum supports blockchain-based games with digital ownership and economies.

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<p>Ethereum can track the move...

Ethereum can track the movement of goods with transparency and security.

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Ethereum's flexibility and potential have made it a leading platform for developing decentralized applications, and its impact on various industries is expected to grow significantly.

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IDEAS CURATED BY

CURATOR'S NOTE

Revaluation of Decentralization

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