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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Ethereum Introduces EELS: A New Execution Layer Specification

Ethereum has introduced the Ethereum Execution Layer Specification (EELS), a Python-based reference implementation for its execution client, designed to make core components more readable and clear. EELS provides complete snapshots of the protocol at each fork, making it easier to follow.

by Jessie A Ellis
Aug 30, 2023

CRYPTOCURRENCY

Ethereum Introduces EELS: A New Execution Layer Specification

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