Everything You Must Know About Ethereum and Bitcoins
Ethereum refers to a network of virtual machines which any developer can use for running distributed applications. The network works when certain contracts are met. Ethereum or ETH is like a programming network which uses its own decentralized public blockchain for cryptographically storing, executing and protecting the contracts. Though blockchain technology is identified with Bitcoin, it is not the only applicant and there are hundreds of applications which use the technology today. Each computer in the ETH network downloads small virtual machine for being in sync with the blockchain and remains available for executing the contract. The network is not private and Ethereum blockchain can be searched publicly. Difference between Ethereum and Bitcoins Ethereum might resemble Bitcoins on some levels, but it is different from Bitcoins in various ways. Though ETH works on blockchain network, there are technical differences between both. Ethereum and Bitcoins differ in their purpose