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Glossary

Ethereum

What is Ethereum & Why Buy It?

The open-source Ethereum blockchain is well-known for its ability to support smart contracts. It is the foundation of the cryptocurrency ether (ETH) by blockchain technology. Anyone can create any secure digital technology using Ethereum. It has a token created to cover the cost of work done in support of the blockchain. If accepted, participants may also use it to pay for material products and services.

Scalability, programming flexibility, security, and decentralization are all notable features of Ethereum. It is the blockchain of choice for programmers and businesses building technology atop it to transform numerous sectors and how we go about our daily lives.

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