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Ethereum: Enhancing Blockchain Efficiency as the Second Generation
Ethereum represents the second generation of blockchain technology, aiming to enhance blockchain efficiency through the implementation of smart contracts. While Bitcoin prioritized trust, Ethereum introduced programmable capabilities to the blockchain, opening up a new world of possibilities. Launched in 2015 by Vitalik Buterin, Ethereum’s core idea is to support decentralized applications (DApps) through smart contracts.…