What is Ethereum Blockchain and Its Ecosystem

<h1 class="d-none">Understanding Ethereum Blockchain and Its Ecosystem</h1> <h2 class="d-none">Ethereum Blockchain and Its Ecosystem</h2> Understanding Ethereum Blockchain and Its Ecosystem

Ethereum Blockchain is a Decentralised platform for building and deploying smart contracts and Decentralised applications (DApps).

Ethereum's smart contracts automate agreements, while DApps operate independently, offering various functions without central control.

Ether (ETH) is Ethereum's currency used for transactions and rewarding network participants for maintaining network security.

Ethereum supports token standards like ERC-20 and ERC-721, facilitating the creation and interoperability of tokens on its blockchain.

Ethereum boasts a vibrant community driving innovation with new projects, protocols, and applications, fostering growth in the blockchain space.

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