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Ethereum

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Ethereum

pcloudhosting

Version 1.14.13 + Free Support on Ubuntu 24.04

Ethereum is an open-source, decentralized blockchain platform that enables the creation and execution of smart contracts and decentralized applications (dApps). It is widely used for building and deploying applications that run on a blockchain without the need for intermediaries. Ethereum's native cryptocurrency, Ether (ETH), powers the network by enabling transactions and providing computational resources to execute smart contracts. Ethereum is known for its flexibility, scalability, and security, making it a cornerstone of the decentralized finance (DeFi) ecosystem.

Features of Ethereum:

  • Decentralized blockchain platform that supports smart contracts and dApps.
  • Native cryptocurrency (ETH) used for transaction fees, staking, and network governance.
  • Supports various consensus mechanisms, including Proof-of-Work (PoW) and Proof-of-Stake (PoS) with the transition to Ethereum 2.0.
  • Enables the creation of ERC-20 and ERC-721 tokens for a variety of use cases, including decentralized finance and NFTs.
  • Active community development, with continuous improvements in scalability, security, and usability through upgrades like Ethereum 2.0.

To check the Ethereum version:

$geth version
  

Disclaimer: Ethereum is an open-source project and is not affiliated with, endorsed by, or sponsored by any particular entity. Ethereum is provided "as is," without any warranty, express or implied. Users utilize Ethereum at their own risk. The developers and contributors to Ethereum hold no responsibility for any damages, losses, or consequences resulting from the use of this software. Users are advised to carefully review and comply with licensing terms and any applicable regulations while using Ethereum.