Ethereum Tutorial – Ethereum Explained | What is Ethereum? | Ethereum Explained Simply | Simplilearn

This Ethereum tutorial video will help you understand what is Ethereum, Ethereum features which includes cryptocurrency, smart contracts, Ethereum virtual machine, decentralized application, decentralized autonomous organization, applications of Ethereum and at the end you will see a demo on smart contract. Ethereum is a blockchain based distributed computing platform that enables developers to build and deploy their decentralized applications. Ether(ETH) is a cryptocurrency that runs on Ethereum network. It is used to pay for the computational resources and transaction fees on the Ethereum network. Ether can be utilized for building decentralized applications, smart contracts and making standard peer to peer payments. Now, lets deep dive into this video and understand what is Ethereum and how does it work.

Below topics are explained in this Ethereum tutorial:

1. What is Ethereum? ( 00:33 )
2. Ethereum features ( 01:03 )
– Cryptocurrency ( 01:35 )
– Smart contract ( 02:31 )
– Ethereum virtual machine ( 06:56 )
– Decentralized application ( 15:05 )
– Decentralized autonomous organization ( 17:15 )
3. Applications of Ethereum ( 18:42 )
4. Demo – Smart contract ( 05:54 )

Resources for the demo are provided below:

1. Install Ganache-CLI –
2. Install Node –
3. Greeter File –
4. Truffle Framework –

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Why learn Blockchain?
Blockchain technology is the brainchild of Satoshi Nakamoto, which enables digital information to be distributed. A network of computing nodes makes up the Blockchain. Durability, robustness, success rate, transparency, incorruptibility are some of the enticing characteristics of Blockchain. By design, Blockchain is a decentralized technology which is used by a global network of the computer to manage Bitcoin transactions easily. Many new business applications will result in the usage of Blockchain such as Crowdfunding, smart contracts, supply chain auditing, Internet of Things(IoT), etc.

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After completing this course, you will be able to:
1. Apply Bitcoin and Blockchain concepts in business situations
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3. Design, test and deploy secure Smart Contracts
4. Use the latest version of Ethereum development tools (Web3 v1.0)
5. Develop Hyperledger Blockchain applications using Composer Framework

The Blockchain Certification Training Course is recommended for:

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