Ethereum is a decentralized platform that runs smart contracts.
Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality without any possibility of downtime, censorship, fraud or third party interference. Along with Bitcoin, Ethereum is considered to be one of the pioneer platforms in distributed ledger and blockchain technology.
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The CEO will be replaced by Goldman Sachs executive Peter Mintzberg effective Aug. 15.