{"id":8017,"date":"2022-09-26T18:47:11","date_gmt":"2022-09-26T18:47:11","guid":{"rendered":"https:\/\/mdr.foobrdigital.com\/?p=8017"},"modified":"2022-09-26T18:47:11","modified_gmt":"2022-09-26T18:47:11","slug":"what-is-ethereum","status":"publish","type":"post","link":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/2022\/09\/26\/what-is-ethereum\/","title":{"rendered":"What is Ethereum"},"content":{"rendered":"\n<p>Ethereum is a blockchain-based system where anyone can build and securely deploy any digital service without going through a formal, centralised approval process &#8211; such as getting an App added to Apple&#8217;s App Store.&nbsp;<\/p>\n\n\n\n<p>It is the brainchild of Vitalik Buterin, a Russian born computer programmer, who was an early Bitcoin advocate, but thought it lacked a scripting language to enable connected applications.&nbsp;<\/p>\n\n\n\n<p>Ethereum has been dubbed the \u2018<em>world computer<\/em>\u2019 as it enables permissionless access to a Turing Complete system that can process any request expressed in its bespoke programming language.<\/p>\n\n\n\n<p>It uses a set of standards for creating tokens that allow value to be transferred within, and between, applications built on Ethereum, creating a vast interoperable ecosystem.<\/p>\n\n\n\n<p>We can summary Ethereum&#8217;s objective as providing a platform that allows developers to build digital applications that are&nbsp;<\/p>\n\n\n\n<ol><li><strong>Decentralised<\/strong>&nbsp;&#8211; there is no central third party control.&nbsp;<\/li><li><strong>Reliably secure&nbsp;<\/strong>&#8211; fraud and third party interference are very difficult if not impossible<\/li><li><strong>Universally accessible<\/strong>&nbsp;&#8211; anyone can build, deploy and use Ethereum applications without the need for permission.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum is a blockchain-based system where anyone can build and securely deploy any digital service without going through a formal, centralised approval process &#8211; such as getting an App added to Apple&#8217;s App Store.&nbsp; It is the brainchild of Vitalik Buterin, a Russian born computer programmer, who was an early Bitcoin advocate, but thought it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[322],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8017"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=8017"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8017\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=8017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=8017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=8017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}