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11:28 AM · Jul 23, 2023
At its core, Ethereum is a decentralized and open-source blockchain platform that introduces a new paradigm in the world of technology and finance. Its unique feature lies in its ability to support smart contracts, which are self-executing agreements with predefined conditions. This allows for a trustless and transparent environment, reducing the need for intermediaries and providing greater control to the involved parties. The native cryptocurrency, Ether, serves as both a digital currency and a utility token that powers the platform's functionalities. With its cutting-edge capabilities, Ethereum has emerged as a driving force behind the rapid expansion of the decentralized economy and Web 3.0.
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