A closer look at Ethereum
How does it differ from Bitcoin?
Ethereum is a decentralized blockchain that establishes a peer-to-peer network to securely execute and verify application code.
Description
In Summary
A quick summary of the topics discussed in this lecture.
Ethereum is a blockchain-based technology enabling decentralized applications and smart contracts. It differs from Bitcoin, which is a blockchain-based technology primarily enabling payments.
Ethereum uses a Proof-of-Stake consensus mechanism whereas Bitcoin uses Proof-of-Work.
Ethereum is the second-largest cryptocurrency by market capitalization.
Ethereum is a general-purpose blockchain that can support a vibrant and diverse marketplace of financial services, games, and decentralized applications.
Ethereum is constantly evolving and has a vibrant community of developers and entrepreneurs.
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