What Is Ethereum?

Discussion in 'Off-Topic' started by krypt8, Mar 2, 2016.

  1. 2017/12/15 - Decred v1.1.2 released! → Release Notes  → Downloads
  1. krypt8

    krypt8 New Member

    Mar 2, 2016
    It’s a distributed virtual computer that anyone can securely run programs on and trust their results. Applications on Ethereum require zero infrastructure and are immune to downtime. The code that runs an Ethereum application is verifiable. Users can know that the program they are interacting with does exactly what it claims to do.

    Ethereum includes a digital currency called ether. Ether has a lot in common with the famous digital currency Bitcoin. Both are a purely digital store of value and means of exchange that cannot be counterfeited. Both are implemented so that no one can manipulate the currency supply. Both can be transferred around the world, like email, and in a very final way, like cash. Both have value today because users expect them to have value tomorrow, and because they can do things traditional money can’t.

    So, Ethereum is both a digital currency and a programming language. But it is the combination of these ingredients that make it special.

    Visit and test my new pool of production of Ethereum:

  2. 418Sec

    418Sec Member
    Advocate (Twitter)

    Jan 3, 2016
    This sub forum is about PoS mining of Decred,
    Move this to the Off-topic sub forum. :)
    Reynold, ClokworkGremlin and Xsoldier like this.
  3. neoweb wallet

    neoweb wallet New Member

    Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
  4. Alegre

    Alegre New Member

    Feb 21, 2019
    It is not only a decenralised platform, it is a coin as well! Hope its value will boost after the hardfork

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