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PixelCrayons is one of the leading ethereum developers based in India. We have clients in various countries who are happily using our IT, software & web related services. Ethereum are gaining traction with each passing year.<br><br><br>Want to know more about Ethereum and other technologies?<br>Feel free to visit our website www.pixelcrayons.com<br><br><br>Our Social Media Profile<br>https://www.facebook.com/PixelCrayons<br>https://twitter.com/pixelcrayons<br>https://www.linkedin.com/company/pixelcrayons<br>https://www.instagram.com/pixelcrayons<br>https://in.pinterest.com/pixelcrayons<br>
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Ethereum in 2019 All you need to know www.pixelcrayons.com PORTFOLIO CONTACT US
A well-known and heavily used public blockchain model A survey report by Deloitte unveiled which blockchain is getting maximum support.
What is Ethereum? Similar to bitcoin, a public blockchain model. Launched in 2015, popularly known as blockchain 2.0 Open-ended decentralized software which runs on blockchain technology. Used for both digital currencies and smart contracts. www.pixelcrayons.com PORTFOLIO CONTACT US
What is the currency of Ethereum? Ether! Used as a fuel to make power transactions. Serves two purposes- one for digital currency and the other for running apps. Used to convert non-revenue generating works to revenue generating ones. www.pixelcrayons.com PORTFOLIO CONTACT US
What is the structure of Ethereum blockchain? Just like bank accounts, Ethereum uses accounts to record transactions. It has no spent or unspent records to track the balance. There are ether tokens to decide who has how much with them. Transaction recording in ethereum is automatic and not manual like in bitcoin. Every node in its record stores the history of the entire transaction.
Is Ethereum decentralized? Yes! It introduced smart contracts which do not allow any third party to make changes. Here is an image that elaborates the benefits of its decentralized nature. www.pixelcrayons.com PORTFOLIO CONTACT US
What is Ethereum mining and how does it work? It is participation in its network in complete agreement. Those who do so are called miners, rewarded for their solutions. Miners help in smooth running of transactions by analyzing blocks efficiently and constantly. www.pixelcrayons.com PORTFOLIO CONTACT US
How it is different from Bitcoins? Both of these technologies can be used to send and receive digital currencies. Along with this, Ethereum can be used to develop smart contracts. Ethereum is much faster than bitcoin as it takes few seconds time whereas bitcoin conducts a transaction in minutes time. Ethereum transactions are programmable unlike the manual transactions of bitcoin. This makes it better than bitcoin but it is not as popular as bitcoin until now.
Final words: Ethereum provides many such technologies that are not offered by other technologies like bitcoins. We can conclude that it is the newer and better version of bitcoin. It outshines other technologies like bitcoin.
Why wait for others to zoom ahead? PixelCrayons is a leading blockchain developer. We develop blockchain softwares which are suited to your requirements and help you grow your business. Your satisfaction is OUR pride. For any queries feel free to check our services @ www.pixelcrayons.com Our Social Media Profile https://www.facebook.com/PixelCrayons https://twitter.com/pixelcrayons https://www.linkedin.com/company/pixelcrayons
THANKS! Any questions? Contact Us www.pixelcrayons.com PORTFOLIO CONTACT US