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Ethereum Accounts: Definition, Types and Fields
Ethereum Accounts, ethereum system, ethereum blockchain, Types of Accounts, Externally Owned Accounts, Contract Accounts, Fields of an Ethereum Account
Hello friends, hope you are doing good and enjoying your life. Today, I am going to introduce you to Ethereum accounts. I have given you an introduction to blockchain in my previous tutorials, so let’s get started on the essentials of this technology. I am going to start with accounts. Ethereum Accounts An account is an important component of the Ethereum system. It is the main building block and has a balance in ether (ETH) (Ethereum currency). An account is capable of sending transactions on the Ethereum network. The interactions between different accounts create transactions that are stored in the distributed database. Each transaction involves the sender account, receiver account and contract account. An account can be controlled b ...