# What is a Ethereum and how does it work?

By [0xgreenearth.eth](https://paragraph.com/@0xgreenearth) · 2023-03-14

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Ethereum is a decentralized blockchain platform that establishes a peer-to-peer network that securely executes and verifies application code, called smart contracts. Smart contracts allow participants to transact with each other without a trusted central authority.

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*Originally published on [0xgreenearth.eth](https://paragraph.com/@0xgreenearth/what-is-a-ethereum-and-how-does-it-work)*