March 2017
Beginner
185 pages
5h 57m
English
© Chris Dannen 2017
Chris Dannen, Introducing Ethereum and Solidity, 10.1007/978-1-4842-2535-6_6
Chris Dannen1
(1)Brooklyn, New York, USA
We learned a lot about how the EVM works in Chapter 3, but one area of its functionality—mining—requires its own chapter. Mining is important because it is the process by which consensus is reached in the system, and by which ether is created. Bitcoin also uses mining to reach consensus, but the way things work in Ethereum is a little bit different, owing to its ability to execute smart contracts.
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