What makes the Etherum cryptocurrency different?

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There are 4 main factors that make a difference:

1.Ether:

The currency unit of Ethereum coin. It is used for trading on exchanges that allow the use of cryptocurrencies. In addition, this currency also applies to payment of other services on the Ethereum network

2. Smart contracts

Smart contracts are the creation of terms and regulations between two parties involved in transactions without intermediaries drafted by technical means.

Blockchain system:

When the address, ether number, and user information are encrypted, it will be transferred to the Blockchain system as a database for subsequent transactions.

Consensus system:

Sudden, unintentional encryption scheme to protect user information and their transaction numbers more carefully and securely.

3. Miners:

Put simply, miners are the ones who decode the personal data of both buyers and sellers. At the same time confirm the transaction between the two sides.

4. Virtual machine Ethereum coin:

This is the "place" to operate and process information provided by the computer network. Information processing organizations and individuals will gather in this "house" and then divide and decode the Blockchain data.

Programming language

The Ethereum platform allows importing and processing code of most popular programming languages ??today such as Java, C ++, Python, PHP ...

Regulation and Society adoption

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