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What is Ethereum?
Ethereum is an open-source, decentralized blockchain proposed by Vitalik Buterin in 2013. Ethereum adopted the technology behind Bitcoin and expanded it further. Ethereum features smart contracts, self-executing programs that process transactions when the preset conditions are met. The platform also enables the development of Decentralized App (dApps), applications without any third party involvement.Ethereum changed the course of the blockchain development which was previously limited only to payment systems. Ethereum aims to be the “world computer” by replacing the servers in the client-server model with nodes. Ethereum uses the Proof-of-Work consensus algorithm to validate the transactions. Ether (ETH) is the native cryptocurrency of the Ethereum platform and issued through mining.ETH is essentially the fuel of the Ethereum network in which developers make use of it to develop and host applications and process transactions. Furthermore, ETH is widely accepted by merchants for making payments.ChangeHero is the best place to buy Ethereum with credit card or debit card. We accept different fiat currencies like USD, Euro and Yen. There is no need to register to buy ETH and it takes a few minutes to complete the purchase of ETH.