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Are you saying that Ethereum is a web hosting platform?
by joosters 11y ago
Are you saying that Ethereum is a web hosting platform?
- natrius 11y agoEthereum is not a web hosting platform. It is not similar to Amazon's EC2 or anything like that. Conceptually, it is a single global computer that anyone can access. It's not the same kind of computer you're familiar with, though. Programs on this computer can't be changed, and nothing can write to the program's storage except for the program itself. You don't have to trust a service provider to maintain their guarantees: it is impossible to break a guarantee. These characteristics are useful for writing programs that coordinate interactions between humans. They're also useful for letting devices publish and access information about the world long after their manufacturers go out of business. Entirely new kinds of software can be built to coordinate social and financial systems.
- kordless 11y agoNo, it's not a web hosting platform. It's a new compute/storage/network platform though. Primary feature is a consensus mechanism and built in identity management.
- jsprogrammer 11y agoI think Ethereum is trying to replace the web (though it may [or may not; not sure] still run HTML/CSS/JS on top).