Ethereum (ETH)

BitExplorer

Ethereum is an #open-source, public, #blockchain-based distributed #computing platform and operating system featuring smart contract (scripting) functionality. Along with Bitcoin, #Ethereum is considered to be one of the pioneer #platforms in distributed ledger and #blockchain technology. Ether is a #cryptocurrency whose #blockchain is generated by the Ethereum #platform. #Ether can be transferred between accounts and used to compensate participant mining #nodes for computations performed.

Ethereum 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 #mitigate spam and allocate #resources on the network.

This website uses cookies to improve your experience. We'll assume you're ok with this. I love cookies Read More

Privacy & Cookies Policy