Cryptocurrency Q&A
What is Ethereum in English?
What is Ethereum in English?
Sofia
Sat Feb 08 2025
|
6
answers
1216
I'm trying to understand what Ethereum is, but I need an explanation in English. I've heard it's related to blockchain and cryptocurrency, but I'm not sure how it all fits together. Can someone please break it down for me in simple English?
Previous
Where is the ethereum Blockchain stored?
Next
How long does it take to receive ETH on Coinbase?
6 answers
KpopHarmonySoulMate
Sun Feb 09 2025
Ethereum represents a groundbreaking decentralized blockchain platform.
Was this helpful?
55
61
SamuraiCourageous
Sun Feb 09 2025
Smart contracts facilitate transactions between participants in a secure manner.
Was this helpful?
241
50
Sara
Sun Feb 09 2025
It creates a peer-to-peer network designed to enhance security and efficiency.
Was this helpful?
175
20
Bianca
Sun Feb 09 2025
They eliminate the need for a trusted central authority to oversee transactions.
Was this helpful?
174
62
KimchiQueenCharmingKiss
Sun Feb 09 2025
This network executes and verifies application code through a unique mechanism.
Was this helpful?
179
69
Load 5 more related questions
