"Ethereum supports two account types: External Owned Accounts (EOAs), which require private keys, and smart contracts, which are scripts primarily written in Solidity."
"Smart contracts execute within the Ethereum Virtual Machine (EVM), a stack-based environment where all data is stored temporarily or permanently."
"Decentralized applications (DApps), comprising multiple smart contracts, have gained popularity since 2016, showcasing various functionalities across different domains."
"Interactions in Ethereum occur through transactions that transmit data, highlighting the decentralized nature and programmability of the platform."
Ethereum operates with two types of accounts: External Owned Accounts (EOAs) managed by private keys and smart contracts coded in Solidity. Smart contracts run on the Ethereum Virtual Machine (EVM), which is stack-based with data stored in two areas: temporary memory and permanent storage. Decentralized applications (DApps), composed of smart contracts, have surged in popularity since 2016, demonstrating diverse functionalities. Transactions are the means through which accounts interact, emphasizing the platform's programmability.
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