Two kinds of accounts exist in Ethereum:
- Externally Owned Accounts (EOAs)
- Contract Accounts (CAs)
The first type is EOAs, and the other is CAs. EOAs are similar to accounts that are controlled by a private key in Bitcoin. CAs are the accounts that have code associated with them along with the private key.
Various properties of each type of accounts are described here:
EOs:
- EOAs has ether balance
- They are capable of sending transactions
- They have no associated code
- They are controlled by private keys
- Accounts contain a key-value store
- They are associated with a human user
CAs:
- CAs have Ether balance.
- They have associated code that is kept in memory/storage on the blockchain.
- They can get triggered and execute code in ...
