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Review on Ethereum by Artur Babyuk
First smart blockchain
FEthereum is a decentralized platform that runs smart contracts like Ethereum or BCH. It can run on your own private blockchain, or it can be distributed.
This type of software is particularly valuable since it enables more and more people to have smart contracts running. This is a great choice for people who are concerned about privacy and their own identities.
This is a very hard problem to solve. It isn't necessary to use a blockchain in every decision you make, which is true in many cases but is very tricky to solve. It is just a problem if you don't have the capacity of the machine. The blockchain is in fact very important. Just because a person can prove that an address has been created and is not a fake does not mean that it is valid since it is an actual address and people can prove that it is. The blockchain is also important since it connects you to other people and to every person on your network.
All of these things make smart contracts even more powerful. As I mentioned above, the blockchain brings together much larger transactions. As a result, that means multiple smart contracts and their clients who need to transact without their computer being in the position of having to be tied into your digital world. It also makes it far less of a hassle and effort (less people are forced to trade with a single person without all the intermediaries being tied to them like you are). I just know that the blockchain can be useful if you need to send large amounts
Pros
- Smart contracts
Cons
- Big transaction fee
