
Ethereums Radical Rewrite: Shaping Web3s Future
Ethereum, the second-largest cryptocurrency by market capitalization, has transcended its initial role as just another digital currency. It's now a robust, decentralized platform powering a revolution in blockchain technology, enabling everything from decentralized finance (DeFi) to non-fungible tokens (NFTs). This comprehensive guide delves into the intricacies of Ethereum, exploring its functionality, key concepts, and its burgeoning ecosystem.
What is Ethereum?
Understanding the Basics
Ethereum is an open-source, decentralized blockchain platform that enables the creation and execution of smart contracts and decentralized applications (dApps). Unlike Bitcoin, which primarily focuses on being a digital currency, Ethereum is designed to be a versatile platform for building a wide range of...