🔑 Accounts in Ethereum: EOAs & Contract Accounts 🔑

🔑 Ethereum is powered by two types of accounts: Externally Owned Accounts (EOAs) and Contract Accounts. EOAs are controlled by private keys, allowing users to hold ETH and send transactions securely. Contract Accounts, on the other hand, are home to smart contracts—programs that run on the blockchain. Once deployed, smart contracts cannot be changed, making them perfect for decentralized apps that need trustless, automated execution. 💡💻

✨ The difference? EOAs are managed by people or entities, while Contract Accounts are fully autonomous, running decentralized programs. Together, these accounts create the unique ecosystem that makes Ethereum so powerful. Whether you’re sending ETH or interacting with a dApp, these accounts are the foundation of how Ethereum works! 🌐🔐 Ready to dive deeper into the world of smart contracts and blockchain? 🚀

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Keywords:
Ethereum, smart contracts, EOAs, contract accounts, blockchain, crypto, Ethereum ecosystem, decentralized apps