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Ethereum Blockchain

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Ethereum is the open source decentralized software program that allows you to create and deploy applications.

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Ethereum Blockchain

  1. 1. ETHEREUM Blockchain
  2. 2. What is Ethereum? Ethereum is the open source decentralized software program that allows you to create and deploy applications.
  3. 3. What Is A Smart Contract? • Smart contract is a self-operating computer program that automatically executes when specific conditions are met. • Smart contract can facilitate the exchange of money, content, property, shares, or anything of value.
  4. 4. The Ethereum Blockchain • The difference with ethereum and bitcoin blockchain is that its nodes store the most recent state of each smart contract. • For each ethereum application, the network keeps track of the current information of all of these applications, including each user’s balance, all the smart contract code and where it’s all stored.
  5. 5. The Ethereum Virtual Machine • EVM is a software that runs on the Ethereum network. • It enables anyone to run any program, irrespective of the programming language. • Ethereum enables the development of thousands of different applications all on one platform. It means you don’t have to create new blockchain for each application.
  6. 6. Benefits Of Ethereum Platform • Immutability: Third party cannot make changes to data. • Secure: Secured through cryptography, applications are against hacking attacks. • Zero downtime: Apps never go down.
  7. 7. Apps Developed On Ethereum • Weifund • Uport • Augur • Provenance • BlockApps
  8. 8. Ethereum Wallets • Hardware Wallets – Trezor, Ledger Nano S • Mobile Wallets – Jaxx, Ethereum Wallet • Desktop Wallets – Jaxx, Coinbase • Web wallets: CoinPayments • Paper Wallets – MyEtherWallet, Classic Ether Wallet, EthAddress

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