- Ano ang Ethereum, at kailan ito inilunsad?
- Ang Ethereum ay isang desentralisadong blockchain platform na nagbibigay-daan sa mga developer na lumikha at mag-deploy ng smart contracts at decentralized applications (DApps). Inilunsad ito noong Hulyo 30, 2015, at gumagamit ng Ethash hashing algorithm. Ang kakayahang umangkop at programmability ng Ethereum ay nagbigay-daan sa mga makabagong ideya tulad ng decentralized finance (DeFi) at non-fungible tokens (NFTs).
- Ano ang Ethereum, at kailan ito nilikha?
- Ang Ethereum ay isang desentralisado at open-source na blockchain platform na nagbibigay-daan sa mga developer na lumikha at mag-deploy ng smart contracts at decentralized applications (dApps). Ito ay nilikha ni Vitalik Buterin at opisyal na inilunsad noong Hulyo 30, 2015. Ang katutubong cryptocurrency ng Ethereum, Ether (ETH), ay ginagamit upang mapadali ang mga transaksyon sa network at bigyang-insentibo ang mga kalahok.
- What is Ethereum, and when was it created?
- Ethereum is a decentralized, open-source blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin and officially launched on July 30, 2015. Ethereum's native cryptocurrency, Ether (ETH), is used to facilitate transactions on the network and incentivize participants. Its unique features, such as the ability to support complex programmable transactions, have made it a foundational technology in the cryptocurrency ecosystem.
- What is Ethereum, and when was it launched?
- Ethereum is a decentralized blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). It was launched on July 30, 2015, and utilizes the Ethash hashing algorithm. Ethereum's flexibility and programmability have made it a foundational technology in the blockchain space, facilitating innovations such as decentralized finance (DeFi) and non-fungible tokens (NFTs). Staying informed about its developments is crucial for anyone interested in the cryptocurrency landscape.
- What hashing algorithm does Ethereum use?
- Ethereum employs the Ethash hashing algorithm, which is designed to be memory-hard and resistant to ASIC mining. This means that it requires significant memory and computational resources to mine Ether (ETH), making it more accessible for individual miners using consumer-grade hardware. Ethash supports Ethereum's proof-of-work consensus mechanism, although the network is transitioning to proof-of-stake with Ethereum 2.0, which will further enhance scalability and energy efficiency.
- How does Ethereum differ from Bitcoin?
- While both Ethereum and Bitcoin are cryptocurrencies, they serve different purposes. Bitcoin is primarily a digital currency designed for peer-to-peer transactions and as a store of value. In contrast, Ethereum is a decentralized platform that enables the creation of smart contracts and decentralized applications (dApps). Ethereum's flexibility allows for a broader range of use cases beyond currency, including decentralized finance (DeFi), non-fungible tokens (NFTs), and more, making it a versatile ecosystem within the blockchain space. Additionally, Ethereum is transitioning to a proof-of-stake consensus mechanism, unlike Bitcoin's proof-of-work.
- What are smart contracts in Ethereum?
- Smart contracts are self-executing contracts with the terms of the agreement directly written in code. On the Ethereum blockchain, these contracts automatically enforce and execute actions when predetermined conditions are met. This technology eliminates the need for intermediaries, enhances security, and increases efficiency in various applications, such as financial transactions and supply chain management. Understanding smart contracts is essential for grasping the full potential of the Ethereum ecosystem.
- What are smart contracts in the context of Ethereum?
- Smart contracts are self-executing contracts with the terms of the agreement directly written in code. On the Ethereum platform, these contracts operate on the blockchain, enabling automated transactions and interactions without intermediaries. They facilitate various applications, including decentralized finance (DeFi), gaming, and token issuance. By leveraging smart contracts, Ethereum allows developers to create trustless systems that enhance security, reduce costs, and increase transparency across various industries.
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