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You're reading from  Blockchain for Decision Makers

Product typeBook
Published inSep 2019
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ISBN-139781838552275
Edition1st Edition
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Blockchain
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Romain Tormen
Romain Tormen
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Romain Tormen

Romain Tormen is a senior consultant for PwC, a worldwide consulting firm. He has experienced digital transformation within several industries and different business units. Specialized in emerging technologies, he promotes to his clients the use of blockchain for better transaction security, transparency, disintermediation, and third-parties authentication. As a contributing writer for one of the most-read tech-oriented website hackernoon, Romain gives business insights and provides use-cases for a broad range of industries.
Read more about Romain Tormen

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Summary

In this chapter, we distinguished what features Ethereum offers compared to Bitcoin, which is a sole cryptocurrency. We showed how the EVM acts as a world computer, enabling the creation of dApps and smart contracts. We covered the concept of gas, which plays the role of fuel within the infrastructure in order for the code to be run. Eventually, we approached the main differences between proof-of-work and proof-of-stake as well as the ambitious roadmap followed by Ethereum.

In the next chapter, we will discover another important advancement that Ethereum has brought to the blockchain ecosystem, an advancement that made top news at the end of 2017 and that enabled any project to raise millions within minutes: initial coin offerings.

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Blockchain for Decision Makers
Published in: Sep 2019Publisher: ISBN-13: 9781838552275
© 2019 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Romain Tormen

Romain Tormen is a senior consultant for PwC, a worldwide consulting firm. He has experienced digital transformation within several industries and different business units. Specialized in emerging technologies, he promotes to his clients the use of blockchain for better transaction security, transparency, disintermediation, and third-parties authentication. As a contributing writer for one of the most-read tech-oriented website hackernoon, Romain gives business insights and provides use-cases for a broad range of industries.
Read more about Romain Tormen

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