DEFI - S01/E02 - Understanding Cryptos And Tokens

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About The Video:

This video is about some of the basics of cryptocurrencies and tokens - why are they called ERC20 tokens? Is Ethereum linked to Bitcoin? What is a smart contract? And some other questions which help when answered :)

When I made the last video, these are some of the questions my parents asked me, so I decided to put the answers into this, their own separate video to hopefully clear some things up so we can move on with the series about decentralised finance.

I start off with some of the very very basic history of Bitcoin and Ethereum, and move onto the invention of smart contracts, the blossoming of the Ethereum ecosystem, and talk about how the ERC20 tokens gain their value and what makes them some of the most valued cryptocurrencies in the world right now.

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Видео DEFI - S01/E02 - Understanding Cryptos And Tokens канала Social Trading Vlog