What is Ethereum?

The Ethereum project aims to do for human collaboration what the internet did for information. It is part of a world computer, where everyone can publish and access content, write and use applications, send value and make agreements. This is done through so-called smart contracts and decentralized applications (DApps) – open, tamper-proof, opt-in, self-executing applications, that run exactly as programmed and all share one common, append-only ‘truth’ – the Ethereum blockchain, while ensuring that there is no downtime, censorship, fraud or third-party interference.

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