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What is Ethereum (ETH) cryptocurrency?

The Ethereum platform has a native cryptocurrency, known as ether, or ETH. Ethereum itself is a blockchain technology platform that supports a wide range of decentralized applications (dApps), including cryptocurrencies.

What is the Ethereum network?

The Ethereum network includes dApps for gaming, gambling, socializing and even decentralized finance, or DeFi. Most nonfungible tokens, or NFTs, are also based on the Ethereum network. The Ethereum blockchain has its own cryptocurrency called Ether (ETH) and its own programming language called Solidity.

How secure is the Ethereum blockchain?

Most blockchains are public, and you can only add data, not remove. If someone wanted to alter any of the information or cheat the system, they’d need to do so on the majority of computers on the network. That is a lot! This makes established blockchains like Ethereum highly secure. What is the difference between Ethereum and Bitcoin?

How do smart contracts work in Ethereum?

Applications can call the smart contract functions, change their state, and initiate transactions. Smart contracts are written in programming languages such as Solidity and Vyper, and are compiled by the Ethereum Virtual Machine into bytecode and executed on the blockchain. What is an Ethereum account?

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