Is ethereum the future of the internet?
Interest in the ethereum blockchain has soared over the past year, as developers have turned to it to create a wave of decentralised finance projects, known as DeFi, and unique digital tokens called NFTs.
The rise of new applications like these — among the first running on a public blockchain — have already created what supporters claim is a powerful network effect, as increasing activity brings more and more developers to ethereum. That could make it the platform of choice for what has become known as Web 3.0, where a series of decentralised apps could one day challenge Big Tech’s offerings.
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