This page provides a summary of the Ethereum Whitepaper, a foundational document in blockchain technology. Written by Vitalik Buterin in 2013, it outlines the vision and technical framework for Ethereum, which introduced smart contracts and decentralized applications (DApps) to the blockchain space.
📘 Key Highlights from the Whitepaper
- Decentralized Applications: Ethereum's core innovation allows developers to build applications that run exactly as written, without reliance on a central authority.
- Turing-Complete Blockchain: Unlike Bitcoin, Ethereum's blockchain is programmable, enabling complex computations and logic.
- Gas Mechanism: Introduces a fee system for executing transactions and smart contracts, ensuring network security and sustainability.
- Consensus Model: Proposes a proof-of-work (PoW) system with future upgrades to proof-of-stake (PoS).
🌐 Explore Further
- Ethereum Home Page for official resources and updates.
- Ethereum Yellowpaper for a more technical deep dive into the protocol.
For developers and researchers, the whitepaper remains a critical reference for understanding Ethereum's architecture and evolution. 🧠💡