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ETHEREUM: A SECURE DECENTRALISED GENERALISED ... - …

ethereum : A SECURE DECENTRALISED GENERALISED TRANSACTION LEDGEREIP-150 REVISIONDR. GAVIN WOODFOUNDER, ethereum & blockchain paradigm when coupled with cryptographically-secured transactions has demonstrated itsutility through a number of projects, not least Bitcoin. Each such project can be seen as a simple application ona DECENTRALISED , but singleton, compute resource. We can call this paradigm a transactional singleton machine implements this paradigm in a GENERALISED manner. Furthermore it provides a plurality of such resources,each with a distinct state and operating code but able to interact through a message-passing framework with discuss its design, implementation issues, the opportunities it provides and the future hurdles we ubiquitous internet connections in most placesof the wo

ETHEREUM: A SECURE DECENTRALISED GENERALISED TRANSACTION LEDGER EIP-150 REVISION 2 protocol and repurpose it; Aron [2012] discusses, for ex-ample, the Namecoin project which aims to provide a de-

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