Ethereum beginners guide

Posted By : Shashwat Gupta | 11-Aug-2017
Ethereum - shashwat Gupta


What is Ethereum ?



Ethereum is a blockchain technology based distributed computing platform which is open-source and public, It gives us a decentralized Turing-complete virtual machine and EVM(Ethereum Virtual Machine) which executes the scripts via an international network of public nodes. Ethereum provides a cryptocurrency which is called as "Ether", Ether can be transferred between accounts, there are resources which is allocated via 'internal transaction pricing mechanism' by mitigating spam


What is Ether ?


The token of the Ethereum blockchain is called 'ether'. It is listed under cryptocurrency exchanges. It provies a medium to pay for transaction fees on the Ethereum network.


Ethereum Virtual Machine ?


It is the runtime environment for smart contracts in Ethereum.all Ethereum node runs an EVM implementation in the network. Ethereum Virtual Machines build in C++, Go, Haskell, Java, Python, Ruby.


what are Smart Contracts ?


Smart contracts is a conflict-free way which provides a way to exchange-money, shares & properties or anything of value in a transparent manner while avoiding the services of a third person.



Clients and wallets


  • Geth — Client implementation in Go
  • Jaxx — Web wallet
  • KeepKey — Hardware wallet
  • Ledger Nano S — Hardware wallet
  • Mist — Desktop wallet
  • Parity — Client implementation in Rust



About Author

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Shashwat Gupta

Shashwat is a bright Mean Stack Developer . He has good experience in development of complex UI's of web application and hybrid mobile applications.

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