Wallet and User Account in Several Cryptocurrency Systems - Ethereum

Ethereum

Ethereum Network and Ethereum Wallet

Ethereum is positioned as a smart contract platform, in which the contract code is executed in a decentralized way and therefore cannot be reverted once executed. This is the platform supporting a large amount of tokens nowadays.

Tokens

Besides native currency ethers, Ethereum as a contract platform is also a home for many tokens. Tokens are implemented in a smart contract deployed on Ethereum. Technically there is no relationship between ethers and tokens.

Security in Ethereum Wallet

Although the ways Ethereum and Bitcoin is working are not the same, they follow the same private key - address pattern, and the security is tied to the private key. One can access the ethers associated to an address as long as one takes hold of the private key linked to that address.

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