Mr.Kova

Ethereum is a decentralized, open-source blockchain platform that enables the creation and execution of smart contracts and decentralized applications (DApps). Here are some key aspects of Ethereum: 1. **Smart Contracts:** Ethereum introduced the concept of smart contracts, self-executing contracts with the terms of the agreement directly written into code. Smart contracts automatically execute and enforce the terms when predefined conditions are met. 2. **Ether (ETH):** Ether is the native cryptocurrency of the Ethereum platform. It is used to compensate participants who perform computations and validate transactions on the network. Ether is also used to pay for transaction fees and computational services within the Ethereum ecosystem. 3. **Decentralized Applications (DApps):** Ethereum supports the development of decentralized applications. These are applications that run on the Ethereum blockchain, utilizing smart contracts for their functionality. DApps aim to be more secure, trans...