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What is Ethereum? A Beginner's Explanation in Plain English??Blockchain powers cryptocurrencies, which are digital currencies that are maintained by a decentralized system, resulting in cheaper and faster transactions. The key thing to understand is that Bitcoin uses blockchain as a means to transparently record a ledger of payments or other transactions between parties. Cryptocurrencies are usually built using blockchain technology. Blockchain describes the way transactions are recorded into "blocks" and time stamped. It's.
