Ethereum

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Ethereum is a decentralized platform that runs smart contracts on a custom built blockchain. It was developed by the Ethereum Foundation, a Swiss nonprofit, with many outside contributions.[1] The Ethereum Wallet allows someone to hold and secure ether and other crypto-assets built on Ethereum, as well as write, deploy and use smart contracts.

Ethereum's goal is to use a blockchain to replace internet third parties that store data, transfer mortgages and keep track of complex financial instruments.[2]

References

  1. Ethereum Project. Ethereum.org.
  2. What is Ethereum. Coindesk.