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BusinessDo you know How the ETHEREUM works ?

Do you know How the ETHEREUM works ?

In the first short introduction of Ethereum 

Ethereum is the second generation of CRYPTO CURRENCY and is in fact a platform that, in addition to supporting digital money activities, has made it possible to perform various contracts digitally and decent rally. Atrium eth digital currency operates in the context of the Chinese blockchain network and its main currency is called ether.

How the Ethereum works ?

The process of trading in Ethereum is the same as Bitcoin or other types of digital currencies, in which both parties to the transaction first provide their information, after confirmation of this information by miners and nodes in the blockchain network for Ethereum One A new block is created for each new transaction.

But the difference between Ethereum and Bitcoin is in the possibility of making smart contracts in its blockchain network, and it is in this way that first the necessary conditions and orders to make a contract and its payment terms are determined in coding and in the blockchain network Ethereum is placed, then whenever these conditions are met, the desired code is processed on the Ethereum platform and the contract is done automatically.

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