Could you please explain to me the underlying blockchain technology that
Ethereum utilizes? As a curious investor, I'm interested in understanding the specific blockchain protocol on which Ethereum is built, as it's crucial for evaluating its security, scalability, and potential for future growth. Additionally, how does this blockchain compare to others in terms of transaction speed, cost, and decentralization?
7 answers
QuasarStorm
Sat Sep 21 2024
Celer's advanced technology enables developers to build cross-chain applications with ease, unlocking new possibilities for decentralized finance, gaming, and other emerging sectors.
Marco
Sat Sep 21 2024
Ethereum, a renowned layer 1 Blockchain, stands as the backbone for myriad decentralized applications, fostering innovation and fostering a thriving ecosystem.
DaeguDivaDance
Sat Sep 21 2024
StarkNet, an innovative decentralized Validity-Rollup, emerges as a pivotal Ethereum Layer-2 scaling solution. It enhances Ethereum's capabilities by offering improved transaction throughput and reduced fees.
BlockchainLegend
Sat Sep 21 2024
StarkNet's integration with
Ethereum fosters seamless interoperability, enabling developers to build scalable and efficient decentralized applications while leveraging the security and decentralization of the Ethereum network.
SakuraPetal
Sat Sep 21 2024
Celer, on the other hand, is a groundbreaking blockchain interoperability protocol that transcends the boundaries of individual blockchain networks. It facilitates seamless communication and value transfer across multiple blockchain platforms.