ETHEREUM-TECHNOLOGY-PROGRAMME 2018-02-28T23:58:53+00:00

LGT005-E – ETHEREUM TECHNOLOGY PROGRAMME

ETHEREUM TECHNOLOGY PROGRAMME

Ethereum is a public blockhain based technology focused on smart contracts functionality.

Ethereum is what provides developers the ability to build and deploy decentralised applications. The Bitcoin blockchain is what tracks the ownership of the digital currency through online transactions, Whereas Ethereum is focused on running the programming code used for decentralised applications on the Blockchain.

When running on the blockchain a smart contract becomes like a self-operating computer program that automatically executes when specific conditions are met. Since smart contracts run on the blockchain, they run exactly as programmed without any possibility of censorship, downtime, fraud or third party interference. – BlockGeeks.com

A ‘smart contract’ is used to describe computer code that can facilitate the exchange of money, content, property, shares, or any other valuable information. Similar to Bitcoin, the process of mining is used by peers on the network around globally. These miners use computing power to solve complex algorithms in order to complete a transaction from a seller to buyer which is then stored in a block within the blockchain – encrypted and secure from any fraudulent behaviour. The miner will gain a small amount of ‘Ether’, which is a crypto coin used for payments on the Ethereum Blockchain.

Due to the exclusive content of this course
Information is upon request only.

Enquire

Ethereum is a public blockhain based technology focused on smart contracts functionality.

Ethereum is what provides developers the ability to build and deploy decentralised applications. The Bitcoin blockchain is what tracks the ownership of the digital currency through online transactions, Whereas Ethereum is focused on running the programming code used for decentralised applications on the Blockchain.

When running on the blockchain a smart contract becomes like a self-operating computer program that automatically executes when specific conditions are met. Since smart contracts run on the blockchain, they run exactly as programmed without any possibility of censorship, downtime, fraud or third party interference. – BlockGeeks.com

A ‘smart contract’ is used to describe computer code that can facilitate the exchange of money, content, property, shares, or any other valuable information. Similar to Bitcoin, the process of mining is used by peers on the network around globally. These miners use computing power to solve complex algorithms in order to complete a transaction from a seller to buyer which is then stored in a block within the blockchain – encrypted and secure from any fraudulent behaviour. The miner will gain a small amount of ‘Ether’, which is a crypto coin used for payments on the Ethereum Blockchain.

Due to the exclusive content of this course
Information is upon request only.

Enquire