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Ethereum
ETH

About Ethereum

Ethereum (ETH) is an open-source, Proof-of-Stake blockchain platform that facilitates smart contracts (scripting). Its native cryptocurrency, Ether, can be transferred between accounts to reward nodes for their computations. Unlike Bitcoin, Litecoin, and other cryptocurrencies, Ethereum primarily serves as a platform for decentralized applications and does not function mainly as a payment system. It allows users to develop and deploy decentralized apps and utilize its processing power. Ethereum also supports launching various cryptocurrencies, with the ERC20 token standard established by the Ethereum Foundation. Developers can create new tokens based on this standard, often through ICOs to raise funds. Ethereum was launched on July 30, 2015, and soon saw its first transactions. Within a mo...

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