Geliebte's Blog – November 2021 Archive (1)

What is Ethereum?

Ethereum is a decentralized blockchain network powered by the Ether token that enables users to make transactions, earn interest on their holdings through staking, use and store nonfungible tokens (NFTs), trade cryptocurrencies, play games, use social media and so much more.

It’s currently a proof-of-work (PoW) blockchain but is making the move to proof-of-stake (PoS) with Ethereum 2.0 for scalability purposes and for a more environmentally friendly approach.

Many consider…

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Added by geliebte on November 12, 2021 at 3:12am — No Comments