What is Ethereum?*
Ethereum is a *decentralized platform* based on blockchain technology, similar to Bitcoin, but *more flexible*. It not only supports cryptocurrency transactions (Ether, ETH*), but also supports the execution of smart contracts and the creation of decentralized applications (dApp).
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*The Importance of Ethereum*
1. *Smart Contracts*
- These are autonomous programs that automatically execute when specific conditions are met.
- They eliminate intermediaries (lawyers, notaries, banks, etc.).
- For example: loans or insurance that are triggered automatically.
2. *Decentralization*
- No centralized control: Ethereum is not controlled by any bank, company, or government.
- Its security is ensured by a global network of nodes.
3. *Foundation for Decentralized Applications (dApp)*
- Ethereum is the leading platform for creating dApps (decentralized finance, games, NFTs, etc.).
- Developers can create their own tokens, projects, or systems on it.
4. *NFTs and Web3*
- Ethereum is the foundation for most *NFTs* (non-fungible tokens). $BTC $ETH $BNB
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