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Unless you’ve been living under a rock for the past three years, you have surely taken notice of an industry buzzword that has been giving “machine learning” a run for its money: Blockchain.

Ethereum is one of the most successful implementations of the distributed blockchain concept. In contrast to Bitcoin, which offers limited scripting capabilities, Ethereum provides a Turing-complete virtual machine. State transitions in the network (such as a changes in account balance of a particular token) are regulated by code running in the virtual machine, a.k.a. “smart contracts”.

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