Ethereum is the next generation of cryptographic books that can support a wide range of advanced features, including user-issued currency, smart protocols, decentralized transactions and the establishment of decentralized autonomous organizations (DAOs) or decentralized autonomous companies (DACs).
Ethereum does not specifically support each individual type of function as a feature. Instead, Ethereum includes a built-in Turing-complete scripting language that allows you to write for the features you want to implement through a mechanism called a "contract." Code. A contract is like an automatic agent. Whenever a transaction is received, the contract runs a specific piece of code that can modify the data store or send the transaction within the contract.
2. Basic Information
- Name: Ethereum
- Abbreviation: ETH
- Developer: Vitalik Buterin
- Issue Date: 2014-07-24
- Total Supply: 107,100,935
- Core Algorithm: Ethash
- Consensus Mechanism: PoW+PoS
- Currency Unit: ETH
3. Related Links
Official website: https://www.ethereum.org/
White paper: https://github.com/ethereum/wiki/wiki/White-Paper
Block explorer: https://etherscan.io/