Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
Ethereum is a cryptocurrency platform and Turing-complete programming framework intended to allow a network of peers to administer their own stateful user-created smart contracts in the absence of central authority.It features a blockchain-based virtual machine that securely records and incentivizes the validation of transactions, i.e. code executions, made through a cryptocurrency called ether. Smart contracts deployed on the Ethereum blockchain are paid for in ether. more
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