Caduceus

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Blockchain Basics

The Ethereum Virtual Machine

2min

Ethereum is one of the more commonly known public blockchains that implement the Ethereum Virtual Machine (EVM).

Ethereum was devised as:

  • An internet where money and payments are built in.
  • An internet where users can own their data, and your apps don’t spy and steal from you.
  • An internet where everyone has access to an open financial system.
  • An internet built on neutral, open-access infrastructure, controlled by no company or person.

Ethereum is programmable, which means that developers can use it to build new kinds of applications. This can be viewed of as the first iteration of programmable Web 3.

Caduceus dApps improve upon Ethereum considerable with greater transaction rates, higher throughput and quicker finality.

These decentralized applications (or “dapps”) gain the benefits of cryptocurrency and blockchain technology. They can be trustworthy, meaning that once they are “uploaded” to Ethereum, they will always run as programmed. They can control digital assets in order to create new kinds of financial applications. They can be decentralized, meaning that no single entity or person controls them.

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📖 What is Ethereum? 📚 Ethereum

Updated 03 Mar 2023
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