What is Ethereum?

Ethereum (ETH) is the second most popular digital asset after Bitcoin by market capitalization.
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What is Ethereum?

Ethereum is a smart contract platform that aims to be the “World’s Computer.”

Ethereum was created in 2015 without the goal to be any form of payment like Bitcoin. Instead, it is a decentralized software platform that allows Decentralized Applications (DApps) and Smart Contracts to be built and run without any fraud, control, downtime, or interference from a third party. Applications on Ethereum work on its platform-specific digital asset graphic token called Ether.
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Ethereum can be used to codify, decentralize, secure, and trade just about anything, from houses to collectibles.

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At the core of Ethereum is the ability to write immutable, transparent smart contracts that can work autonomously.

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The most common way to interface with Ethereum is through decentralized apps (dapps). These are like any other apps but an Ethereum wallet is all that’s needed for use.

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than paper contracts

To change or hack Ethereum is almost impossible since you would need to compromise more than 50% of the computers in the system, which is millions at a time.