3 - Infrastructure
Ethereum is an open source, globally decentralized computing infrastructure that executes programs called smart contracts. It uses a blockchain to synchronize and store the system’s state changes, along with a Byzantine Threat Modelcryptocurrency called ether to meter and constrain execution resource costs. It is often described as "the world computer.”
- Open-source Protocol & Code
- Blockchain -> State
- Store & Synchronize
- Ether -> Native Currency
- Meter & Constrain
- World Computer