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Smart contracts live in the blockchain.
You can look at it as a kind of distributed global database, and there are really many of them in existence.
But speaking about smart contracts, let’s review the most exciting so-called programming blockchain, which is Ethereum.
Smart contracts are used to program it.Eth is the related dedicated cryptocurrency minted by blockchain Ethereum participants and necessary to execute any transaction.
Creating a smart contract on ethereum has its advantages, with Ethereum-based smart contracts being the most attractive opportunity.
Here also come dapps - decentralized applications that run on smart contracts.
In this network, different developers across the world can create applicationsand software.
As a blockchain developer it is necessary to know some programs.MistMist is available for Windows (32 and 64 bit), Mac and Linux (32 and 64 bit) devices.
Mist, is the portfolio developed by Ethereum managers, it is a portfolio of nodes that involves the full download of the Ethereum blockchain.
GethGeth is a program that works as a node of the Ethereum blockchain.
With the Geth program we can: Transfer tokens between the different addresses between users, check a block archives.
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So it is necessary to know the difference between these platforms, which will help the user in selecting the best that suits their needs.Among many platforms, let us focus on Ethereum and Hyper-ledger.
However, there are some vital differences between them.Ethereum:Vitalik Buterin developed this open-source software.
Ethereum is a blockchain-based decentralized computing platform that helps in executing smart contracts globally.
The Ethereum platform has the ability to write and deploy smart contracts quickly.
It is a permissioned blockchain framework that can be developed and customized for different organizational needs.
It is a secure platform when compared to Ethereum and is accessible by authorized parties only.Ethereum versus HyperledgerConfidentiality:Data breaches and manipulation can lead to a major downfall for many organizations, so security needs to be considered significantly.Etherum application is very transparent, and the transaction that takes place in it is visible to everyone in the network.On the other hand, hyperledger is highly secured, and the transaction is only visible to the people who are entitled to it.
