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Ethereum is a decentralized, blockchain-based global supercomputer that launched in 2015 to serve as the foundation for an ecosystem of interoperable, decentralized applications (dApps) powered by token economies and automated smart contracts.
Jay Drain Jr • Web3 Starter Pack
The Ethereum blockchain keeps a record of every state change that occurs within an application. For example, a smart contract can be paid when work is delivered entirely through the Ethereum blockchain.
Artemis Caro • Blockchain: Bitcoin, Ethereum & Blockchain: The Beginners Guide to Understanding the Technology Behind Bitcoin & Cryptocurrency (The Future of Money Box Set)
Base
base.org
One application that runs on Ethereum is a digital currency, which is often also referred to as “Ethereum,” although technically it is called Ether.
Artemis Caro • Blockchain: Bitcoin, Ethereum & Blockchain: The Beginners Guide to Understanding the Technology Behind Bitcoin & Cryptocurrency (The Future of Money Box Set)
Party
partybid.app
We know that Ethereum is a platform for building decentralized applications. We know, also, that part of the appeal of the Ethereum platform is the capacity to execute applications on a blockchain. The potential for this vision is very exciting, but baked into the reality of actually building dApps on the Ethereum platform is the fact that writing
... See moreArtemis Caro • Blockchain: Bitcoin, Ethereum & Blockchain: The Beginners Guide to Understanding the Technology Behind Bitcoin & Cryptocurrency (The Future of Money Box Set)
Ethereum is powered by a fungible token, ETH, which is used to incentivize the physical computers that underlie the system. ETH is also the system’s native currency for transactions, like NFT purchases.