Hello friends today we will learn about Ethereum
What is Ethereum
Ethereum is a blockchain-based decentralized platform that enables the creation and deployment of smart contracts and decentralized applications (DApps). It was launched in 2015 by a programmer named Vitalik Buterin.
Like Bitcoin, Ethereum is a cryptocurrency, but it also offers much more than just a digital currency. The platform allows developers to create decentralized applications using blockchain technology, which enables secure and transparent transactions without the need for intermediaries.
Ethereum uses its own cryptocurrency called Ether (ETH) to power transactions on the network. It also has its own programming language called Solidity, which allows developers to create smart contracts that are self-executing and enforceable.
EVM SMARTCONTRACTS (EVM: ETHEREUM VIRTUAL MACHINE)
Smart contracts are programs that run on the Ethereum network and can be used to automate a wide range of transactions, from financial transactions to supply chain management. They are self-executing and enforceable, meaning that once a smart contract is deployed on the network, it can automatically execute the terms of the contract without the need for intermediaries.
Overall, Ethereum is a powerful blockchain platform that enables developers to create and deploy decentralized applications that can be used in a wide range of industries. Its smart contract capabilities have the potential to revolutionize many areas of business and finance by eliminating intermediaries and increasing transparency and efficiency.
Also in my opinion Ethereum is something more than Bitcoin. But currently it is not very usable, we hope that the next updates will make Ethereum more scalable