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
Non-custodial
It is a decentralized type-of-wallet, where the users owns its private keys.
Genesis Block
It is the first block of data that is processed and validated to form a new blockchain, typically called as 'block 0' or 'block 1'.
Central Ledger
Central data repository of a company or bank
Arbitrage
A strategy where investors buy a currency in a market and sell it at a higher price in another market to gain profit.
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