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Topic: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴 - page 51. (Read 9855 times)

newbie
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The big difference with ethereum is that its nodes store the most recent state of each smart contract, in addition to all of the ether transactions.    Shocked Grin
newbie
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 Tongue Every node on the network stores a copy of this history.  Cheesy
newbie
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The structure of the ethereum blockchain is very similar to bitcoin’s, in that it is a shared record of the entire transaction history.
newbie
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And I know we can talk about this since we have cover the parts of Blockchain & right now we have to put these two things together
newbie
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In order for us to understand better we can talk about the ethereum itself & the blockchains
newbie
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Its like the goal of ethereum’s ‘Turing-complete’ programming language is to allow developers to write more programs in which blockchain transactions could govern and automate specific outcomes.
newbie
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Ethereum aims to abstract away bitcoin’s design, however, so that developers can create applications or agreements that have additional steps, new rules of ownership, alternative transaction formats or different ways to transfer state.  Shocked Shocked

Interesting way of look things
newbie
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It pretty much goes like this:

To accomplish this, ethereum borrows heavily from bitcoin’s protocol and its blockchain design, but tweaks it to support applications beyond money.
newbie
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Using ethereum, the app doesn’t require one entity to store and control its data.
newbie
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Lets consider the app we were talking about on our previous topic
newbie
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Now that we all know what is ethereum and the technology of the world is time to take a deeper look into how the platform works
newbie
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What about if we continue with how does ethereum works?
newbie
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Yes!! I agreed! Lets get this start it people! We have to teach the newbies & show them how we do it on GRABITY
newbie
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Cool, we can still talk about ethereum so we can all understand what are we talking about
newbie
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Hi Smiley

Im happy to be here & learn more about Grabity
newbie
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Hey everyone! Welcome to Grabity once again!
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