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Ethereum CEO Vitalik Buterin: The future is for ETHEREUM and BITCOIN | Cryptocurrency NEWS 2022 - Rich X Search Crypto
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Ethereum, like other cryptocurrencies, uses blockchain technology. Imagine a very long chain of blocks linked together, with all of the information about each block known to every member of the blockchain network. With every member of the network having the same knowledge of the blockchain, which functions like an electronic ledger, distributed consensus can be created and maintained about the status of the blockchain

The Ethereum platform supports ether in addition to a network of decentralized apps, otherwise known as dApps. Smart contracts, which originated on the Ethereum platform, are a central component of how the platform operates. Many decentralized finance (DeFi) and other applications use smart contracts in conjunction with blockchain technology.

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