Chapter 12. Ethereum 101
In the previous chapters, we have studied in detail blockchain, Bitcoin, alternative cryptocurrencies, and crypto wallets. We discussed blockchain usage and benefits in not only currency-based applications, but other similar areas. We also discussed how Bitcoin has changed the landscape of blockchain usage for monetary benefits and how it has shaped the global economy.
In this chapter, we will be studying Ethereum blockchain in depth. It is currently the largest community-backed blockchain project, second to Bitcoin, with supporters and various projects and tokens running on top of it. In this chapter, we will discuss the following topics:
- Ethereum accounts
- Ethereum network
- Ethereum clients, such as Geth
- Execution environment for Ethereum blockchain projects
- Ethereum block
- Ethereum virtual machine
- Using gas in an Ethereum transaction
- Ether and Ether procurement methods