Ethereum: A Secure Decentralized Generalized Transaction Ledger EIP-150 Revision

The combination of blockchain paradigm and cryptographically-secured transactions enable its utility through projects that demonstrate a simple application on a decentralized and singleton computer resource. Such a paradigm is called a transactional singleton machine with shared-state.

Ethereum is a tool that implements such a paradigm which had provides a plurality for the resources. This paper will discuss the design, implementation issues, and the opportunities that Ethereum present in the future.

Excerpt from Ethereum: A Secure Decentralized Generalized Transaction Ledger EIP-150 Revision

Read the full paper: http://gavwood.com/Paper.pdf