Ethereum: A decentralized platform revolutionizing the world of technology What is Ethereum? Ethereum is an open source, decentralized platform built on blockchain technology. This platform
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enables users to create smart contracts and decentralized applications (dApps) without the need for any central intermediary. The digital currency Ethereum (ETH) is used as a means of payment on the network and provides incentives to miners. How does Ethereum work? The Ethereum network relies on the Proof of Work mechanism to secure the network.