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Ethereum Basics

Ethereum is software running on a network of computers that ensures that data and small computer programs called smart contracts are replicated and processed on all the computers on the network, without a central coordinator. The vision is to create an unstoppable censorship-resistant self-sustaining decentralised world computer.

Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications. Ethereum is a distributed public blockchain network and mainly focuses on running the programming code of any decentralized application. In the Ethereum blockchain, miners work to earn Ether, a type of crypto token that fuels the network. In cryptocurrency, Ether is also used by application developers to pay for transaction fees and services on the Ethereum network.

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