The Benefits Of Studying Ethereum

Ethereum Study

Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Among cryptocurrencies, Ether is second only to Bitcoin in market capitalization. 

Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications. 

Ethereum is a technology that lets you send cryptocurrency to anyone for a small fee. It also powers applications that everyone can use and no one can takedown. It's the world's programmable blockchain. Ethereum builds on Bitcoin's innovation, with some big differences. 

 

Roles and Responsibilities 

• Ethereum developers work on Blockchain enterprise technology framework design and development solutions.

• They are responsible for preparing system modules, design documents, and system testing documents as per project requirements.

• Ethereum developers work on Blockchain enterprise technology framework design and development solutions.

• They are responsible for preparing system modules, design documents, and system testing documents as per project requirements.

• Ethereum developers also work on system architecture and the implementation of the blockchain program function module.

 

The Benefits of Studying Ethereum

• One of the Biggest Cryptocurrencies

Ethereum has well established itself as one of the leading cryptocurrencies out there. Its market cap peaked at almost $140Bn and its value reached an all-time high of $1400 per ETH, solidifying its high ranking position on the crypto list. Currently, around 10% of the entire cryptocurrency market capitalization can be accounted for by Ethereum.

However, one of the first things to understand about Ethereum, is that it’s not just a digital currency. The blockchain-based platform encompasses a range of features including smart contracts, the Ethereum Virtual Machine (EVM), fast transactions, and Ether.

• Smart Contracts — Transactions

Bitcoin uses blockchain technology to fulfill one function, transferring money from one address to another. Ethereum, on the other hand, uses its blockchain to fulfill a range of different types of transactions known as smart contracts. A smart contract is a computer protocol intended to digitally enforce a negotiated contract, they allow the performance of credible transactions without the need for third parties. People from all corners of the world can interact and exchange value without a centralized authority through a smart contract.

The Ethereum network holds all the core benefits that ordinary blockchains possess and more…

• Core Blockchain Benefits

Immutable; All transactions on the Ethereum blockchain are immutable which means once the data is written it cannot be changed. This makes it nearly impossible to hack, not even the uploader can edit the data once uploaded.

• Job Opportunities
• Career Advancement
• Increased Earning Potential

 

Skills You Will Gain: 

Ethereum - Introduction

Ethereum - Smart Contracts

Ethereum - Solidity for Contract Writing

Ethereum - Developing MyContract

Ethereum - Compiling the Contract

Ethereum - Deploying the Contract

Ethereum - Interacting with the Contract

Ethereum - Limitations of Remix

Ethereum - Ganache for Blockchain

Ethereum - Ganache Server Settings

and many more.