What is Ethereum and how does it work? A beginner’s guide to ETH | Headlines | News | CoinMarketCap

09/12/2023 17:47
What is Ethereum and how does it work? A beginner’s guide to ETH | Headlines | News | CoinMarketCap

Ethereum is the second biggest cryptocurrency platform. But what exactly is it, and how does it work? If you're new to the world of …

Ethereum is the second biggest cryptocurrency platform. But what exactly is it, and how does it work?

If you're new to the world of cryptocurrency, understanding Ethereum can be a bit overwhelming. In this beginner's guide, we'll break down everything you need to know about Ethereum, from its history to its technology, and how it differs from other cryptocurrencies.

What is Ethereum?

Ethereum, often compared to Bitcoin, is a decentralized blockchain network powered by its native cryptocurrency, ether (ETH).

However, unlike Bitcoin, which is primarily a digital currency, Ethereum aims to be much more. It's not just a platform for monetary transactions, but a space for decentralized applications (dapps), enabling users to make transactions, earn interest on their holdings …

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