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Ethereum is a decentralized blockchain network that enables the creation and deployment of smart contracts and decentralized network applications (DApps). It was introduced in 2015 by Vitalik Buterin and a team of developers, designed to extend the functionality of traditional blockchains like Bitcoin by incorporating programmability through its unique Ethereum blockchain Virtual Machine (EVM). At its core, Ethereum operates on a decentralized network of nodes, making it highly secure and resistant to censorship or centralized control.
The Ethereum blockchain is recognized for its versatility and has become the foundation for various applications, including decentralized finance (DeFi) platforms, non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs). Its transition to Ethereum 2.0, a Proof of Stake (PoS) consensus mechanism, marked a significant milestone in improving the network's scalability, energy efficiency, and security.
Celeron Iprojekthi Umxholo | DeFi |
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I-Blockchain |
I-WHITE PAPER | NA |
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Iwebhusayithi | Celeron Website |
Iinkqubo zezeNdaba |