The Ethereum (ETH) blockchain is a public, distributed ledger that records transactions. The blockchain is managed by a network of computers that use a consensus protocol to agree on the validity of new blocks of transactions.
Ethereum (ETH) is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third-party interference. These applications are built on blockchain technology, so they are trustworthy and reliable.
The Ethereum (ETH) blockchain can handle non-fungible tokens (NFTs). NFTs are unique digital assets that can be used to represent a variety of things, such as digital art, tickets, and game items. NFTs can be stored on the Ethereum blockchain and traded on decentralized exchanges.
The Ethereum (ETH) blockchain has several advantages over other blockchains:
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