Ethereum: What are the differences and advantages of stratum to HTTP?
Here is an article that explains Ethereum: what are the differences and advantages of the layer at HTTP:
Ethereum: a decentralized blockchain for everyone
Ethereum is a decentralized platform that allows the creation of intelligent contracts and decentralized applications (APPS). With its native cryptocurrency, Ether (Eth), it has become one of the most popular platforms in the world. But have you ever wondered how Ethereum functions, especially when it comes to mining? In this article, we will explore what Strotum is and we will compare it with Http, two technologies that play a crucial role in the Ethereum operation.
What is Ethereum?
Ethereum is an Open Source blockchain platform that allows developers to create and distribute intelligent contracts and Dapps. It was founded in 2014 by Vitalik Boterin and since then it has become one of the largest and most successful decentralized platforms in the world. With its native cryptocurrency, Ether (ETH), Ethereum allows users to send, receive and archive the value, as well as conduct complex transactions without the need for intermediaries.
What is the stutum?
Statum is a protocol specially designed for ASIC miners, which are specialized computers that use specific integrated circuits of the application (ASIC) to extract cryptocurrencies. Asic miners can develop a large number of transactions per second, making them ideal for mining. Statum allows Asic miners to communicate with the Ethereum network and perform transactions in a decentralized way.
What is HTTP?
Http stands for the hypertext transfer protocol, used for the transfer of data on the web. It is a standard protocol that allows communication between servers and customers on the internet. While HTTP is widely used, it has some limitations when it comes to scalability and performance. In the context of Ethereum, HTTP is used for sending and receiving messages (called requests) between user computers.
Differences between layer and http
So what are the differences between Stratum and HTTP?
* Scalability : Statum allows Asic miners to process a large number of transactions per second, making it much more scalable than HTTP. This is crucial for the high volume of Ethereum transactions.
* Performance
: Statum has faster transactions processing times than HTTP, which can lead to greater congestion of the network and lower lock times.
* Security : Statum uses a different encryption scheme than HTTP, providing further security features against harmful activities.
* Decentralization : Statum allows Asic miners to communicate with the Ethereum network in a decentralized way, while HTTP is based on centralized servers.
Advantages of the layer
The advantages of using the Ethereum mining layer are:
* Improved scalability : Statum allows high volumes of fast transactions and block times, making it easier to extract cryptocurrencies such as ether.
* Increase in safety : Statum encryption scheme provides further protection against harmful activities, reducing the risk of hacking and data violations.
* Decentralization : using a decentralized protocol, Asic miners can trust that their transactions are safe and transparent.
Conclusion
Ethereum is a complex platform that is based on various technologies to work. While HTTP is used for sending and receiving messages between user computers, Statum is specifically designed for Asic miners such as those that use specific integrated circuits of the application (ASIC) to extract cryptocurrencies. By understanding the differences and advantages of the layer compared to HTTP, we can better appreciate the complexity of the function of Ethereum and its underlying technologies.
I hope this article helps you understand the differences between Stratum and Http in terms of layman!
