3 ms·
Ethereum (where most of the activity lies) is not a currency; it's a distributed shared-state computer. Transactions represent state transitions in the computer
by lazzlazzlazz 4y ago
Ethereum (where most of the activity lies) is not a currency; it's a distributed shared-state computer. Transactions represent state transitions in the computer's virtual machine[1]. It's Turing Complete! The most interest projects are entire programs and the most interesting tokens represent control over those programs, data used by those programs, or even their own programs.
Calling crypto networks "currencies" is like calling the internet a chat system: there's some truth to parts of it, but it's ultimately false.
[1]: https://ethereum.org/en/developers/docs/evm/ https://ethereum.org/en/developers/docs/evm/