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Know a little more about Ethereum $ETH : Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was founded in 2014 by Vitalik Buterin and has since become one of the most widely used blockchain platforms. Ethereum's defining feature is its support for smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. This enables the creation of decentralized applications (dApps) that run on the blockchain, without the need for intermediaries. Ethereum is decentralized, meaning it's not controlled by any single entity. This enhances security and transparency. š Use Cases - Decentralized Finance (DeFi): Ethereum's smart contract platform has enabled the creation of decentralized finance (DeFi) applications, such as lending, borrowing, and yield farming. - Gaming: Ethereum's platform has enabled the creation of decentralized gaming applications, such as prediction markets and virtual worlds. - Supply Chain Management: Ethereum's platform has enabled the creation of decentralized supply chain management applications, such as tracking and verifying the origin of goods. - Identity Verification: Ethereum's platform has enabled the creation of decentralized identity verification applications, such as secure and private identity management.
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People are giving back and CZ is trying to do the right thing š After CZ's donation, people started to donate it back to his wallet address. Now he's figuring out the best way to give it all back to the community. Do you have any idea how he could come up with a good solution? If it were you, what would you do? Donate it to a charity? Burn it? #VIRTUALWhale
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Don't forget to check your daily activity at the Task Center to earn points! š¤© #TaskList
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$ETH seems to be recovering after yesterday's Bybit hack š«°
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$ETH started to fall amidst the ByBit $1.4bi hack. Cryptocurrency exchange Bybit has been hacked for over $1.4 billion in liquid-staked Ether, Mantle Staked ETH (mETH) and other ERC-20 tokens, according to onchain security analyst ZachXBT, who spotted the incident shortly after it occurred. Following the exploit, the onchain sleuth warned users to blacklist addresses associated with the hack. Bybit co-founder and CEO Ben Zhou confirmed the incident and provided an update on the security breach. What to expect on the upcoming days?! #PriceTrendAnalysis
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