Ethereum is a decentralized, open source, programmable blockchain. A blockchain is a shared, distributed database that stores data in blocks that are ultimately linked together using cryptography, making verification easy and transparent.

There is no central authority within an Ethereum network. The nodes in an Ethereum network communicate with each other via a peer-to-peer (P2P) network, and the application is verified and distributed by every node. Ethereum can be used to deploy decentralized applications (DApps) and employs a trustless model in which users are not explicitly required to trust a central authority; thus, Ethereum can be seen as a key enabler of Web3, which incorporates concepts of decentralization for the Web.

This whitepaper discusses the what and why of Ethereum and DApps, how Ethereum helps bring the decentralized application model to the decentralized web, and the benefits of Cloudflare Ethereum Gateway.

 
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