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 What Is Ethereum? Ethereum may be a platform powered by blockchain technology that's best known for its native cryptocurrency, called Ether, or ETH, or just Ethereum. The distributed nature of blockchain technology is what makes the Ethereum platform secure, which security enables ETH to accrue value. The Ethereum platform supports Ether additionally to a network of decentralized apps, otherwise referred to as dApps. Smart contracts, which originated on the Ethereum platform, are a central component of how the platform operates. Many decentralized finance (DeFi) and other applications use smart contracts in conjunction with blockchain technology. As a cryptocurrency, Ethereum is second in market price only to Bitcoin as of December 2021. 1 KEY TAKEAWAYS Ethereum may be a blockchain-based platform that's best known for its cryptocurrency, ETH. The blockchain technology that powers Ethereum enables secure digital ledgers to be publicly created and maintained. Bitcoin and Ethereu...

 Non-Fungible Token (NFT) Definition By  RAKESH SHARMA   Updated December 14, 2021 Reviewed by  DORETHA CLEMON Fact checked by  PETE RATHBURN What Is a Non-Fungible Token (NFT)? Non-fungible tokens or NFTs are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from one another . Unlike cryptocurrencies, they can't be traded or exchanged at equivalency. This differs from fungible tokens like cryptocurrencies, which are just like one another and, therefore, are often used as a medium for commercial transactions. WHAT you would like to understand  NFTs are unique cryptographic tokens that exist on a blockchain and can't be replicated. NFTs are often wont to represent real-world items like artwork and real-estate. "Tokenizing" these real-world tangible assets allows them to be bought, sold, and traded more efficiently while reducing the probability of fraud. NFTs also can be wont to represent individuals' id...

 How Bitcoin Works By  DAVID FLOYD   Updated November 29, 2021 Reviewed by  JULIUS MANSA Fact checked by  PETE RATHBURN How exactly to categorize Bitcoin may be a matter of controversy. Is it a kind of currency, a store useful , a payment network, or an asset class? Fortunately, it's easier to define what Bitcoin actually is. It's software and a purely digital phenomenon—a set of protocols and processes. It is also the foremost successful of many attempts to make virtual money through the utilization of cryptography. Bitcoin has inspired many imitators, but it remains the most important cryptocurrency by market capitalisation , a distinction it's held throughout its decade-plus history. Like standard currency, Bitcoin is produced and has processes and safeguards in situ to stop fraud and ensure appreciation in its value. the most building blocks of Bitcoin are blockchain, mining, hashes, halving, keys, and wallets. they're discussed intimately below. (A general ...