Cryptocurrency Q&A
What is the purpose of ETH?
What is the purpose of ETH?
SsamziegangSerenadeMelody
Thu Jan 23 2025
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5
answers
961
I'm trying to understand the purpose of ETH. I know it's a cryptocurrency, but what is its main objective or use case? Why was it created and what role does it play in the blockchain ecosystem?
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5 answers
Daniela
Sat Jan 25 2025
Its primary goal is to establish a secure, efficient, and cost-effective global payment system.
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SumoPowerful
Sat Jan 25 2025
This system operates independently of central authorities, offering a decentralized alternative.
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SamsungShineBrightness
Sat Jan 25 2025
Meanwhile, Ethereum is conceptualized as a platform for smart contracts.
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CherryBlossomFall
Sat Jan 25 2025
Its aim is to revolutionize numerous sectors and areas through decentralized applications, providing innovative solutions.
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SoulWhisper
Sat Jan 25 2025
Bitcoin serves as digital money with a specific objective.
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