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Ethereum, founded by Vitalik Buterin, is a decentralized platform enabling smart contracts and Dapps. This guide explores its core technical components, from block mechanics to security protocols. Understanding Ethereum’s architecture is essential for developers and investors alike.
- Ethereum's transition to Proof-of-Stake (Ethereum 2.0) aims to reduce energy consumption and improve scalability.
- Gas fees act as a safeguard against network spam by requiring computational costs for transactions.
- The Merkle Patricia tree ensures data integrity by summarizing transactions into a single root hash.
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