Assets, Ethereum

Is Web3 an Ethereum?

Web3 is a decentralized application platform that runs on the Ethereum network. It allows developers to build and deploy dapps (decentralized applications) that can be used by anyone in the world.

Web3 is powered by smart contracts, which are programs that run on the Ethereum blockchain. .

NOTE: Web3 is not an Ethereum. Web3 is a collection of libraries that allow developers to interact with the Ethereum blockchain. It can be used to build decentralized applications (dApps) and provide access to smart contracts. Web3 does not represent the Ethereum network itself, but rather is a tool for developers to use in order to interact with the Ethereum blockchain.

Web3 is not an Ethereum. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Web3 is a software library that allows developers to interact with the Ethereum network.

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