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How does Ethereum work?
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Nov 4
Ethereum is an open software platform based on blockchain technology. This blockchain is hosted on many computers around the world, which makes it decentralized. Every computer has a copy of the blockchain, and a broad consensus must be reached before changes can be made to the network. The Ethereum blockchain is similar to Bitcoin in that it is transaction history. However, the Ethereum network also allows developers to build and deploy decentralized applications (‘dapps’). These are also st...
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