Hence, it is a daughter language of Dutch, and was previously referred to as Cape Dutch (a term also used to refer collectively to the early Cape settlers) or kitchen Dutch (a derogatory term used to refer to Afrikaans in its earlier days).
Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.
Gas, an internal transaction pricing mechanism, is used to prevent spam on the network and allocate resources proportionally to the incentive offered by the request. Ethereum was initially proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Development was funded by an online crowdsale during JulyâAugust 2014. The system went live on 30 July 2015.