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Development of ethereum

OneKey avatar
Written by OneKey
Updated this week

Ethereum's goals and build are different in many ways from previous open source blockchains, including Bitcoin.

Ethereum's purpose is not primarily a digital currency payment network. However, the digital currency Ethereum is both essential and necessary for the operation of Ether, which is also seen as a utility currency to pay for the use of the Ether platform.

Unlike Bitcoin, which has a very limited scripting language, Ethereum is designed as a general-purpose programmable blockchain, running a virtual machine capable of executing arbitrary and infinitely complex code. While Bitcoin's scripting language is intentionally limited to simple true/false consumption conditional judgments, Ethereum's language is Turing-complete, meaning that it is the equivalent of a general-purpose computer that can run any computation that a theoretical Turing machine can run.

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