Which type of accounts are programmable accounts in ethereum
Answers
Answer:
The Ethereum network has two types of accounts, namely:
External Accounts
Contract Accounts
These accounts, both External and Contract are referred to as “state objects” and comprise the “state” of the ethereum network. Every state object has a well-defined state. For external accounts, the state comprises of the account balance while for contract accounts the state is defined by the memory storage and balance.
I’ll be referring to external accounts simply as accounts. These accounts are owned by are represented by external agents of the network which include every ordinary user, miners, automated agents, etc.
These accounts are generally controlled with the help of public key cryptography algorithms like RSA. The main purpose of External accounts is to serve as a medium for users to interact with the Ethereum Blockchain.
Contract accounts, on the other hand, are a collection of code that resides on the blockchain at a specific address. These contracts are invoked by external accounts, or by other contracts through a specific call-to-action function. These contracts are written in high-level scripting languages like Solidity, Serpent or LLL. Every contract that resides on the ethereum blockchain is stored in a specific format called EVM (Ethereum Virtual Machine) bytecode which is an ethereum specific binary format.
It will only be fair that I explain EVM now that I’ve told you about EVM-bytecode.
Contract accounts are the programmable accounts in ethereum.
Explanation:
- Contract accounts in ethereum consist of codes that are written in a scripting language such as solidity, LLL, etc. Every information here is kept as a byte code that resides and operated in the EVM also known as Ethereum virtual machine.
- Everything is written in the scripting code for various functions inside Ethereum. Therefore contracts ethereum is also known as the programmable account.
Learn more about ethereum
Ethereum is a digital currency?
https://brainly.in/question/4914523
What is difference between eos, stellar and ethereum
https://brainly.in/question/10129940