Definition, Meaning & Synonyms

ethereum

noun
/ɪˈθɪəriəm/
Definition
A decentralized platform that enables smart contracts and decentralized applications (dApps) to be built and run without any downtime, fraud, control, or interference from a third party.
Examples
  • Many developers are building innovative projects on the Ethereum blockchain.
  • Ethereum’s smart contract functionality has revolutionized how agreements are executed.
Meaning
Ethereum allows developers to create sophisticated applications that can operate in a secure and transparent manner using blockchain technology.
Synonyms
  • ETH (abbreviation)
  • Blockchain platform