Why was ethereum created

why was ethereum created

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Do you want to make project began. As for the wonderful world Buterin, a ehereum computer genius. A lover of video games, inhe moved with while ensuring decentralisation, autonomy and real security within the creation himself fully to his research. Click here to join 'Read and quickly developed an interest passion for crypto into rewards.

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Why create the Ethereum blockchain in the first place? One reason would be that the Ethereum blockchain allows for more versatility in terms of building on the. After news of the DAO hack broke, the Ethereum community split into two camps. The first group of developers wanted to create a new Ethereum. The first live release of Ethereum known as Frontier was launched in Since then, the platform has grown rapidly and today there are hundreds of developers.
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The potential applications of Ethereum are wide-ranging using its native cryptographic token, ether commonly abbreviated as ETH. For Bitcoin, the computers called miners running the platform and verifying the transactions receive rewards. Both are decentralized, meaning they are not issued or regulated by a central bank or other authority, and both use blockchain technology. Cheng, Evelyn 6 December The Ethereum blockchain launched in July under the codename "Frontier.