Tailored To Fulfill Requirements
Originally, Ethereum was designed as a Smart Contract Platform. Ethereum Smart Contract runs on Ethereum Virtual Machine (EVM). In a way, EVM is globally distributed platform where Smart Contracts are executed. Compared to Bitcoin Smart Contract platform, it provides more expressive and comprehensive language for scripting.
Running a Smart Contract on Ethereum can trigger data reads & writes, connection with other Smart Contracts and heavy computations like using cryptographic primitives. Executing these processes requires resources, and there is an operational cost involved. Thus, to execute Ethereum Smart Contract user needs Gas units which need to be paid for in Ether. This mechanism helps in limiting the resources used by each contract.
To learn more about Prolitus Smart Contract development service, contact us at firstname.lastname@example.org or