Ethereum Blockchain - PowerPoint PPT Presentation

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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. – PowerPoint PPT presentation

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Title: Ethereum Blockchain


1
ETHEREUM Blockchain
2
What is Ethereum?
Ethereum is the open source decentralized
software program that allows you to create and
deploy applications.
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
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 users balance, all
    the smart contract code and where its all stored.

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 dont have to create new blockchain for
    each application.

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
Apps Developed On Ethereum
  • Weifund
  • Uport
  • Augur
  • Provenance
  • BlockApps

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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