Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
Ethereum is used to build decentralized applications (dapps) on its platform. A dapp is an application that runs on a decentralized network, such as the Ethereum blockchain.
Dapps are similar to traditional apps, but they have some key differences. Dapps are open source, meaning anyone can contribute to their development.
They’re also decentralized, meaning they’re not controlled by any single entity.
Ethereum is powered by Ether, a cryptocurrency that enables users to pay for transaction fees and services on the network.
Ethereum’s GH S is a measure of how much computing power is being used to process transactions on the network. The higher the GH S, the more powerful the network is.
The GH S of Ethereum has been increasing steadily since its launch in 2015. As of June 2018, it was around 30 TH S.
This means that the Ethereum network is processing around 30 trillion calculations per second.
The GH S of Ethereum will continue to increase as more people use the network and more applications are built on it. This will make the Ethereum network even more powerful and valuable.