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What can Ethereum be used for?

Ethereum blockchain is a whole network that has extensively expanded its capabilities. It has its own Internet browser, coding language, and payment system. Smart contracts enable Ethereum developers to create consolidated applications, dApps on Ethereum’s Blockchain, which are accessible globally. 

Here it is important to note that these apps are made up of code that runs on a blockchain network; therefore, they are not governed by central authorities. 

Moreover, it also provides users with the Ethereum Virtual Machine (an engine that understands the language of smart contracts), which serves as a runtime environment for smart contracts. It allows users to execute an untrusted and unreliable code while guaranteeing that the programs don’t interfere with one other.

2 replies on “What can Ethereum be used for?”

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