TESTNET - DISTRIBUTED LEDGER - PRIVATE KEY - EVM -

in #steem6 years ago


TESTNET
every ethereum node runs on the evm to maintain consensus across the blockchain. it is a turing complete virtual machine that allows anyone to execute arbitrary evm byte code. the ethereum virtual machine (evm). Source + Source
DISTRIBUTED LEDGER
they act as passwords that are kept hidden from anyone but the owner of the address. a private key is a string of data that allows you to access the tokens in a specific wallet. Source + Source
PRIVATE KEY
a distributed ledger does not have to have its own currency. may be permissioned and private. distributed ledgers are ledgers in which data is stored across a network of decentralized nodes. Source + Source
EVM
used by developers, it's a test blockchain to prevent expending assets on the main chain.Source + Source


TESTNET
used by developers, it's a test blockchain to prevent expending assets on the main chain.Source + Source
DISTRIBUTED LEDGER
a distributed ledger does not have to have its own currency. may be permissioned and private. distributed ledgers are ledgers in which data is stored across a network of decentralized nodes. Source + Source
PRIVATE KEY
they act as passwords that are kept hidden from anyone but the owner of the address. a private key is a string of data that allows you to access the tokens in a specific wallet. Source + Source
EVM
every ethereum node runs on the evm to maintain consensus across the blockchain. it is a turing complete virtual machine that allows anyone to execute arbitrary evm byte code. the ethereum virtual machine (evm). Source + Source

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