Post by @hvcrypto • Hey

🧵 Thread: What is Ethereum? 1/ Ethereum is a decentralized platform that uses blockchain to create and execute smart contracts and dApps without downti

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6/ Scalability and Upgrades: - Ethereum faces scalability issues with the increase in transactions and dApps. - Ethereum 2.0 will improve efficiency and scalability by transitioning from PoW to PoS. 7/ Ethereum 2.0: - Enhances scalability, security, and sustainability. - Proof of Stake (PoS): Reduces energy consumption and increases security. - Shard Chains: Divides the workload across multiple shards. - Beacon Chain: Coordinates the shard chains and manages PoS consensus. 8/ Ecosystem and Community: - Ethereum has an active ecosystem with developers, companies, and enthusiasts collaborating to build new applications. - It has inspired numerous blockchain projects and influenced the entire cryptocurrency sector. 9/ In summary: Ethereum is one of the most innovative and influential blockchain platforms, with enormous potential to revolutionize various sectors thanks to its ability to execute smart contracts and decentralized applications. Learn more about #Ethereum and join the blockchain revolution! Follow for updates and news! And if you have questions, leave a comment below. 💬 Let's discuss! 👇
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