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
