Ethereums Scaling Trilemma: Is A Solution Finally Here?
Ethereum, the second-largest cryptocurrency by market capitalization, has revolutionized the blockchain space far beyond just a digital currency. It's a decentralized platform that enables the creation of smart contracts and decentralized applications (dApps), opening up a world of possibilities that extend to finance, gaming, supply chain management, and beyond. This blog post will delve into the core concepts of Ethereum, its functionalities, and its impact on the future of technology.
What is Ethereum?
Ethereum as a Decentralized Platform
Ethereum, unlike Bitcoin which mainly serves as a digital store of value, is a programmable blockchain designed to execute smart contracts. These are self-executing contracts with the terms of the agreement directly written into code. This means that o...