Latest posts of: Choco

Every node on the network stores a copy of this history. Cheesy

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.

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

Im happy to be here & learn more about Grabity

In the credit card analogy, it’s similar to the pin used to unlock your funds at the ATM or in a store.

Usually represented as a scrambled string of numbers and letters, the two keys are linked together by cryptography.

Perhaps it’s useful to compare it to what we already know.

As a right now you may have noticed that the wallet and exchange lingo up to this point has been quite similar to bitcoin.

Bitcoin is the most commonly used cryptocurrency, and people around the world are more likely to want to trade for it in their currency. Roll Eyes

This is pretty much how it worsk:

There’s always the option of meeting in-person to buy or sell ether, especially if living in a city with frequent ethereum meetups, such as New York or Toronto.

All that said, again, if you lose your private key, it’s gone for good. Shocked

Paper wallets

Another cold storage option is to print or carefully handwrite a private key on a slip of paper, a ‘paper wallet’, and lock it somewhere secure like a deposit box.

Hey look, its poop color Grin

Although the method is not as easy to use as when ether is stored on a smartphone or internet-connected computer. Embarrassed

Mobile wallets Roll Eyes

Mobile clients, or ‘light’ clients, require less data to be downloaded to connect to the network and make transactions, so they are more suitable for download to a smart phone. Cool

One option is to download an ethereum client (a copy of the entire ethereum blockchain).

With that in mind, there are plenty of options for wallets to store cryptocurrency: desktop wallets, web wallets, hardware wallets and paper wallets. Lips sealed

Ethereum wallets
First, you need a place to securely store your ether (or at least a place to store your private keys). This brings us to ethereum ‘wallets’.

So an important part of this forum is how to use our tools to get better tradings

Almost finish guys!

Each time you save edits, or add or delete notes, every node on the network makes the change.

Ok, son I want to continue or well however wants to follow me Tongue

Ethereum, if all goes according to plan, would return control of the data in these types of services to its owner and the creative rights to its author.