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Ethereum should now consume It's like Finland has suddenly shut off its power grid, according to one estimate. After about 15 long minutes the Merge officially finalized , meaning it could be declared a success. The idea was there from the start that Ethereum would eventually make the switch to proof-of-stake. But the transition was a complicated technical effort — an endeavor so risky that many doubted it would happen at all. Ethereum, introduced in , expanded upon the core concepts of Bitcoin with smart contracts — or computer programs that effectively use the blockchain as a global supercomputer, recording data onto its network.
That innovation was the essential ingredient behind decentralized finance DeFi and NFTs — the main catalysts of the most recent crypto boom. Picture massive warehouses lined with rows of computers stacked on top of one another like shelves of books at a university library — each computer hot to the touch as it strains to pump out cryptocurrency.
This is terrible. What is Ethereum? Ethereum is a technology that's home to digital money, global payments, and applications. The community has built a booming digital economy, bold new ways for creators to earn online, and so much more. It's open to everyone, wherever you are in the world — all you need is the internet.
Ethereum's decentralized finance DeFi system never sleeps or discriminates. With just an internet connection, you can send, receive, borrow, earn interest, and even stream funds anywhere in the world. Explore DeFi The internet of assets Ethereum isn't just for digital money.
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Ethereum is now 'the foundation of the internet', here's how - Consensys' David ShuttleworthPity, learn to trade forex step by step apologise

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