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Course: Blockchain Technology
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Module IV – Ethereum Accounts and Transactions

In this module you will learn how Ethereum accounts work and how a transaction is built, signed and processed.

Topics covered
– About Ethereum
– Ethereum Accounts
– EOAs
– Account Communication
– Ethereum Currency
– Transactions & Fields
– The Transaction Nonce
– Recipient, Value & Data

Key takeaways
– Ethereum is a programmable blockchain with no central administrator.
– It has two account types: externally owned accounts (EOAs) and contract accounts.
– Only EOAs can originate transactions; contracts act when they are called.
– Ether is divided down to wei: 1 ether = 10^18 wei.
– A transaction carries nonce, gasPrice, gasLimit, recipient, value, data and a signature.
– The nonce orders transactions and prevents them from being replayed.

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