Is crypto a protocol?

Like the internet, cryptocurrencies have protocols . Any cryptocurrency – Bitcoin, Ethereum, XRP – has its own distinct protocol. Cryptocurrency protocols only allow the functioning of a few applications – sometimes only the application of the cryptocurrency itself.

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What is a protocol ethereum?

Ethereum is a decentralized, open source, and distributed computing platform that enables the creation of smart contracts and decentralized applications , also known as dapps. Smart contracts are computer protocols that facilitate, verify, or enforce the negotiation and performance of some sort of agreement.

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Can you buy Shiba on eToro?

Shiba Inu is offered on eToro as a share in “Shiba (in millions)” which is a lot of one million Shiba Inu units. This makes the asset price easy to understand. The trade in this asset is open to all users and you can choose the amount you want to invest, depending on your budget.

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