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Ethereum is a decentralized network that runs smart contracts. It was created as a platform for creating these contracts but has evolved to include blockchain-based solutions for everything from governance and voting to domain names and digital identity. This post will talk about what Ethereum is and how it works.

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Cryptocurrencies are digital or virtual currency that uses cryptography to secure transactions and protect identities using blockchain technology. Unlike central bank currencies, cryptocurrencies don't rely on banks to verify transactions and don't exist in a physical form that can be handled. Instead, cryptocurrencies are purely digital entries on an online database describing all transactions taking place and recording them in a public ledger accessible to all.

The first of its kind was the Bitcoin which was developed in 2009, and since then, more have come into the mark (...)