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Blockchain technology has been disrupting the financial world for many years, and its applications extend to accounting, auditing, peer-to-peer transactions, gaming, supply chain management, real estate and more. These and other uses are supported through the secure and private transactions that blockchains process, but these blockchains vary in bold ways. One of the more notable and established blockchains is Ethereum, but Ethereum’s reign is being challenged by others touted as “Ethereum killers.”
Key Takeaways:
Ethereum is among the leading blockchains in use today, often taking a backseat only to Bitcoin. It uses open-source software and is a decentralized blockchain functioning with smart contracts.