Ethereum Blockchain Architecture
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An Introduction To Ethereum And Smart Contracts A Programmable Blockchain
This brings us to the end of this blockchain architecture blog.
Ethereum blockchain architecture. Blockchain and ethereum architecture blockchain is an architecture comprising of multiple components and what makes blockchain unique is the way these components function and interact with each other. By spreading their activities across a network of computers blockchains allow bitcoin and other. In this ethereum tutorial blog i will explain the inner working of ethereums architecture and i will also show you the implementation of ethereum through a simple smart contract.
As blockchain platform standards are evolving the technology keeps growing and changing the development teams can find it difficult to be on top of the latest features without dedicated resources. Developing a blockchain is simple but not without drawbacks such as security and data protection. Blockchain architecture anyone who has followed banking investment or cryptocurrencies over the past decade knows the blockchain the technology behind bitcoin ethereum and other cryptocurrencies.
There are several popular blockchain development platforms such as hyperledger fabric r3 corda and ethereum. Blockchain is an architecture comprising multiple components and what makes blockchain unique is the way these components function and interact with each other. I see ethereum as a programmable blockchain that will serve a majority of b2c enterprise in the future.
Some of the important ethereum components are ethereum virtual machine evm miner block transaction consensus algorithm account smart contract mining ether and gaswe are going to discuss each of these components in this chapter.
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