| Description | |
|---|---|
| Ether | Ethereum's cryptocurrency is called Ether (ETH). It is the fuel that keeps the network running. It is used to pay for the computational resources and transaction fees associated with each transaction carried out on the Ethereum network. |
| Smart Contracts | A smart contract is a simple computer program that facilitates the exchange of any asset between two parties. |
| Ethereum Virtual Machine | Ethereum provides the underlying technology, architecture, and software to understand smart contracts and interact with them. |
| Decentralized applications (Dapps) | A Dapp is like any other piece of software you use. It might be a mobile app or a website. A Dapp is an application that is built on a decentralized network, such as Ethereum, as opposed to a conventional app |
Created
August 15, 2022 17:08
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