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What Is A Smart Contract And How Do They Work?

A smart contract is a term widely used in the blockchain world but it has existed before the advent of blockchain technology or cryptocurrencies. Smart contracts were first proposed in the 1990s by Nick Szabo, a cryptographer and computer scientist who others believe that he is the mysterious Satoshi Nakamoto. He has vehemently denied this […]

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Blog Ethereum Terms

What is Ethereum? A Pioneer in Blockchain Smart Contracts and Decentralized Applications (Dapps)

Ethereum is an open source blockchain protocol and operating system known for its smart contract capabilities. The main purpose of Ethereum is to build and run decentralized applications (Dapps). Ethereum is greatly different from other blockchain protocols that have a limited ability to process code. The platform allows developers to build diverse Dapps on the […]