Ethereum is a decentralized platform that runs is an open and decentralized blockchain platform that lets anyone build and use decentralized applications (a.k.a DAPP) and smart contracts using a crypto asset called Ether.
Smart contracts are applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. The project was crowdfunded during August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss nonprofit, with contributions from great minds across the globe.
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