Intending to build an internet where your data remains yours
or have envisioned a ‘world computer’ where a decentralized model enables you
to store user data on nodes instead of centralized servers? Ethereum is a big
stepping stone towards a truly permanent web movement and against
centralization, the ‘original sin’ of the internet. Many years into its launch,
it remains the first choice of most blockchain developers.
Blockchain
is usually associated with bitcoin. This, although partially true, needs an
update since it is a very small part of the blockchain and has allowed
blockchain to evolve way beyond the original seed that Bitcoin has been. One of
the best examples of this growth is Ethereum. It is a foundation of the new era
internet.
Ethereum,like other Blockchains, has its native cryptocurrency called ether and can be
used to make digital payments anywhere globally. The way it decentralizes is
that Ether is not owned by any government or a private entity. But that does
not remain the only outcome of Ethereum as a development framework, Ethereum
also makes internet decentralized through a neutral, open-access
infrastructure.
Since it is a programmable blockchain, we can build apps on the platforms. These apps are decentralized- added benefits from blockchain and cryptocurrency technology. These dApps are not controlled by a single entity giving the power of their data back to the users.
- Ethereum builds on Bitcoin's innovation with some big differences.
- Both let you use digital money without payment providers or banks. But Ethereum is programmable, so you can also use it for lots of different digital assets – even Bitcoin!
- This also means Ethereum is for more than payments. It's a marketplace of financial services, games, and apps that can't steal your data or censor you.
In
a nutshell, Ethereum is an open software platform based on Blockchain
technology which facilitates the development of Smart Contracts and Distributed
Applications. Interestingly, such applications can be run without any downtime
and are assured to be fraud-free via Smart Contracts Audits.
Codezerosis a Blockchain Development Company that provides the best and most efficient
Ethereum Blockchain services.
Why hire Codezeros for Ethereum Application Development?
- Thorough domain and up-to-date technical knowledge
- Client-centric approach
- No compromise on quality
- Successfully developed applications for varied industries
- Cost-effective solutions within a stipulated time
- Prompt support and maintenance services
Contact details: +1-315-245-8590 or hello@codezeros.com
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