A brief explanation of Ethereum and its significance in the blockchain world.
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (ETH) is the native cryptocurrency of the platform. It's a community-run technology powering the cryptocurrency ether (ETH) and thousands of decentralized applications.
Understanding the advantages of developing applications on the Ethereum network.
Building on Ethereum offers several advantages: a large, established network with a vast user base, robust security, extensive developer tools and documentation, and a vibrant ecosystem of compatible dApps and services. Its EVM (Ethereum Virtual Machine) has become a standard for smart contract execution.