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What is Ethereum (ETH)?

At its core, Ethereum is a decentralized global software platform powered by blockchain technology. It is most commonly known for its native cryptocurrency, ether (ETH). Ethereum can be used by anyone to create any secured digital technology.

What is Ethereum 2 sharding?

Ethereum engineers have been working on sharding the calculations, and the next step (Ethereum 2) was presented at Ethereum's Devcon 3 in November 2017. Ethereum's blockchain uses Merkle trees for security reasons, to improve scalability, and to optimize transaction hashing.

What can you do with Ethereum?

Ethereum isn't just for digital money. Anything you can own can be represented, traded and put to use as non-fungible tokens (NFTs). You can tokenise your art and get royalties automatically every time it's re-sold. Or use a token for something you own to take out a loan. The possibilities are growing all the time.

Why is Ethereum getting jammed up?

"Merkling in Ethereum". Ethereum.org. Archived from the original on 8 December 2017. Retrieved 12 January 2018. ^ Joon Ian Wong (4 December 2017). "The Ethereum network is getting jammed up because people are rushing to buy cartoon cats on its blockchain". QZ.com. Archived from the original on 5 August 2021. Retrieved 15 July 2018.

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