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In July 2017, mining pools and companies representing roughly 80 percent to 90 percent of bitcoin computing power voted to incorporate a technology known as a segregated witness, called SegWit2x.3 SegWit2x makes the amount of data that needs to be verified in each block smaller by removing signature data from the block of data that needs to be processed in each transaction and having it attached in an extended block. Signature data has been estimated to account for up to 65 percent of data processed in each block, so this is not an insignificant technological shift. Talk of doubling the size of blocks from 1 MB to 2 MB ramped up in 2017 and 2018, and, as of February 2019, the average block size of bitcoin increased to 1.305 MB, surpassing previous records. By January 2020, however, block size has declined back toward 1 MB on average.4 The larger block size helps in terms of improving bitcoin’s scalability. In September 2017, research released by cryptocurrency exchange BitMex showed that SegWit implementation had helped increase the block size, amid a steady adoption rate for the technology.5ethereum io byzantium ethereum bitcoin миксер bitcoin hacking ethereum com Etymologybitcoin проблемы ethereum падение токен ethereum bitcoin investment cubits bitcoin халява bitcoin bitcoin gambling bitcoin майнинг bitcoin coingecko monero cpuminer card bitcoin boxbit bitcoin bitcoin fan токен bitcoin bitcoin hyip best bitcoin claymore monero сложность ethereum

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In a theoretical world, if the Fed were to distribute the money in equal proportion to each individual that held the currency previously, it would not shift the balance of power. In practical application, the distribution of ownership shifts dramatically, heavily favoring the holders of financial assets (which is what the Fed buys in the process of creating new dollars) as well as those with cheap access to credit (the government, large corporations, high net-worth individuals, etc.). In aggregate, the purchasing power of every dollar declines, just not immediately, while a small subset benefits at the cost of the whole (see the Cantillon Effect). Despite the consequences, the Fed takes these actions in an attempt to support a credit system that would otherwise collapse without the supply of more dollars. In the Fed’s economy, the credit system is the price setting mechanism as the amount of dollar-denominated debt far outstrips the supply of dollars, which is also why the purchasing power of each dollar does not immediately respond to the increase in the money supply.ethereum russia bitcoin бесплатные x2 bitcoin список bitcoin теханализ bitcoin bitcoin arbitrage win bitcoin bitcoin терминал bitcoin demo bitcoin сети анонимность bitcoin monero free bitcoin apple tether tools bitcoin conf ethereum хардфорк ethereum client bitcoin abc doge bitcoin

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WHAT IS ETHEREUM?
The foundation for our digital future

Ethereum is open to everyone.
All you need is a wallet to take part.
Illustration of a person peering into a bazaar, meant to represent Ethereum
Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.

🏦
Banking for everyone
Not everyone has access to financial services. But all you need to access Ethereum and its lending, borrowing and savings products is an internet connection.

🕵
A more private internet
You don't need to provide all your personal details to use an Ethereum app. Ethereum is building an economy based on value, not surveillance.

👥
A peer-to-peer network
Ethereum allows you to move money, or make agreements, directly with someone else. You don't need to go through intermediary companies.

🛡️
Censorship-resistant
No government or company has control over Ethereum. This decentralization makes it nearly impossible for anyone to stop you from receiving payments or using services on Ethereum.

🛍️
Commerce guarantees
Ethereum creates a more level playing field. Customers have a secure, built-in guarantee that funds will only change hands if you provide what was agreed. You don’t need large company clout to do business.

🤝
Compatibility for the win
Better products and experiences are being built all the time because Ethereum products are compatible by default. Companies can build on each other's success.

An illustration of characters in a social space dedicated to Ethereum with a large ETH logoAn illustration of characters in a social space dedicated to Ethereum with a large ETH logoWelcome to Ethereum
We hope you stay.
Ethereum 101
Ethereum is a technology that lets you send cryptocurrency to anyone for a small fee. It also powers applications that everyone can use and no one can take down.

It's the world's programmable blockchain.

Ethereum builds on Bitcoin's innovation, with some big differences.

Both let you use digital money without payment providers or banks. But Ethereum is programmable, so you can also use it for lots of different digital assets – even Bitcoin!

This also means Ethereum is for more than payments. It's a marketplace of financial services, games and apps that can't steal your data or censor you.

So step into the bazaar and give it a try...

⚙️
How Ethereum works
If you're interested in blockchain and the technical side of Ethereum, we've got you covered.

How Ethereum works
Try Ethereum
The best way to learn more is to download a wallet, get some ETH and try an Ethereum dapp.
Choose your adventure!
The symbol for ether (ETH)The symbol for ether (ETH)
ETH
Ethereum's native cryptocurrency and equivalent to Bitcoin. You can use ETH on Ethereum applications or for sending value to friends and family.

An illustration of a robot with a safe for a torso, used to represent Ethereum walletsAn illustration of a robot with a safe for a torso, used to represent Ethereum wallets
Wallets
How you manage your ETH and your Ethereum account. You'll need a wallet to get started – we'll help you choose one.

An illustration of a doge using an Ethereum application on a computerAn illustration of a doge using an Ethereum application on a computer
Ethereum dapps
Products and services that run on Ethereum. There are dapps for finance, work, social media, gaming and more – meet the apps for our digital future.

Explore Ethereum
An illustration of a hand creating an ETH logo made of lego bricksAn illustration of a hand creating an ETH logo made of lego bricks
Make something with Ethereum
If you want to try building with Ethereum, read our docs, try some tutorials, or check out the tools you need to get started.

Start building
An illustration of Ethereum community members working togetherAn illustration of Ethereum community members working together
The Ethereum community
Our community includes people from all backgrounds, including artists, crypto-anarchists, fortune 500 companies, and now you. Find out how you can get involved today.



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