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I set up geth and then I run: geth. It seems to be downloading something ? So what the heck is it doing ? enter image description here

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Geth is downloading (syncing) state of Ethereum blockchain (such as all transactions / blocks / objects).

This article has more details : https://medium.freecodecamp.org/how-to-sync-an-ethereum-node-using-geth-and-ethereum-wallet-81423d42a583

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