3.1 Ethereum: Concepts of Ethereum

Smart contracts

Smart contracts

________ are compiled into bytecode which an EVM can read and execute.

EVM

Contracts are compiled into ________ bytecode and deployed to Ethereum Blockchain for execution.

Transaction speed

________ is measured in minutes.

Ether

________ is a necessary element needed for operating the Ethereum platform.

fundamental block

Gas is the ________ of the Ethereum ecosystem that is paid for every operation performed on the Ethereum Blockchain.

Ethereum

________ is a decentralized platform that runs smart contracts without any downtime, fraud, and third- party interference and also has its own cryptocurrency called Ether.

currency

A(n) ________ created to compete against the gold and flat currencies.

Transaction speed

________ is measured in seconds.

smart contracts

A token created for facilitating ________.

Solidity

Similar to C and JavaScript

Julia

Intermediate language for different EVMs

Serpent

Similar to Python

LLL

Low-level Lisp-like Language

Mutan

Go-based language

Vyper

Derived from Python