Ethereum is an open-source, blockchain-based, decentralized software platform used for its own cryptocurrency, ether. It enables SmartContracts and Distributed Applications to be built and run without any downtime, fraud, control, or interference from a third party.
It is not just a platform but also a programming language (Turing complete) running on a blockchain, helping developers to build and publish distributed applications.
After Bitcoin, it is second largest Cryptocurrency by market capitalization. Ethereum is the most actively used blockchain.
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