Ethereum is a decentralized platform that runs smart contracts worldwide. Ethereum applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. These application run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past. Ethereum process works all without a middle man or counter party risk. It is developed by the Ethereum Foundation, a Swiss nonprofit, with contributions from great minds across the globe.
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