Ethereum came into existence in 2014, and from then till now, it has gained immense popularity in the crypto market. It is one of the well-known cryptocurrencies after Bitcoin. With the promise of smart contracts that are powered by blockchain technology, it provides a more pragmatic role in comparison to Bitcoin. How Ethereum Works Ethereum, like other cryptocurrency, is based on a blockchain network. It is a decentralized, distributed public ledger that verifies & records all transactions. Cryptography get used in blockchain transactions to keep the network safe & verify transactions. Users use the computers to “mine,” or calculate ...Read more
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