Introduction
Ethereum is a decentralized platform that enables smart contracts and Distributed Applications (DApps) to be built and operated without any downtime, fraud, control, or interference from a third party.
What is Ethereum?
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, fraud, or third party interference.
Smart Contracts
Smart contracts are self-executing contracts with the terms of the agreement directly written into lines of code. They automatically enforce and execute the terms of the contract.
Ethereum Virtual Machine (EVM)
The Ethereum Virtual Machine (EVM) is a Turing complete software that runs on the Ethereum network. It enables anyone to execute programs on the network, making it extremely versatile.
Conclusion
Ethereum is a groundbreaking platform that has the potential to revolutionize various industries. With its smart contract capabilities and decentralized nature, Ethereum is poised to change the way we interact with technology.