Externally Owned Accounts (EOA)
By CoinGecko | Updated on Aug 13, 2021
Externally owned accounts (EOAs) are accounts that are controlled by a private key and have no coding associated with them. If you hold the private key associated with an EOA, you can send Ether and messages from it.
Related Terms
Miners
Contributors to a blockchain taking part in the process of mining.
Decentralized
A system where there are no centralized points of failure or organization with no central authority figure.
Graphical Processing Unit (GPU)
They are chips dedicated to graphics processing or floating point operations, allowing to lighten the workload of the processors during applications usage such as video games.
Sharding
A form of database partitioning which breaks up data into smaller segments.
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