Getting Deep Into Ethereum: How Data Is Stored In Ethereum?

in #dlike6 years ago

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Did you know that your Bitcoin wallet do not work as an account balance (like a bank)? It stores private keys of transactions and its sum. There is no 'account value', but a sum of in and out interactions.

 

On the other hand, Ethereum blockchain does exaclt the opposite: Every account have a 'state' recorded, and whenever a transaction occurs, values are added or subtracted from that value.

 

Here is a very good article explaining what happens under the hood of both blockchains.

 

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This post is a continuation of my Getting Deep Into Series started in an effort to provide a deeper understanding of the internal workings and other cool stuff about Ethereum and blockchain in…


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