What is Ethereum? A Beginner's Explanation in Plain English
Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X
Ethereum was proposed in 2013 and brought to life in 2014 by Vitalik Buterin. Unlike the Bitcoin network which was designed for Bitcoin transactions only, Ethereum is a DIY platform for decentralized apps (or Dapps) that uses smart contracts. ‘Ether’ is Ethereum network’s currency and it is used for running Dapps.
0:34 - Quick Bitcoin recap
1:27 - Blockchain technology in a nutshell
3:30 - What is Ethereum?
5:43 - How Ethereum works
8:14 - The DAO and the Ethereum fork
9:47 - Ethereum as a currency
10:39 - Ethereum's ICO
11:09 - Conclusion
Special thanks to Jimmy Song who's post about Smart Contracts helped us a lot in creating this video:
https://medium.com/@jimmysong/the-truth-about-smart-contracts-ae825271811f
For the complete text guide visit:
http://bit.ly/2RAjY4j
Join our 7-day Bitcoin crash course absolutely free:
http://bit.ly/2pB4X5B
Learn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel:
http://bit.ly/2BVbxeF
Get the latest news and prices on your phone:
iOS - https://apple.co/2yf02LJ
Android - http://bit.ly/2NrMVw2
See anything we haven't covered? Leave us a comment in the comment section below
Видео What is Ethereum? A Beginner's Explanation in Plain English канала 99Bitcoins
Ethereum was proposed in 2013 and brought to life in 2014 by Vitalik Buterin. Unlike the Bitcoin network which was designed for Bitcoin transactions only, Ethereum is a DIY platform for decentralized apps (or Dapps) that uses smart contracts. ‘Ether’ is Ethereum network’s currency and it is used for running Dapps.
0:34 - Quick Bitcoin recap
1:27 - Blockchain technology in a nutshell
3:30 - What is Ethereum?
5:43 - How Ethereum works
8:14 - The DAO and the Ethereum fork
9:47 - Ethereum as a currency
10:39 - Ethereum's ICO
11:09 - Conclusion
Special thanks to Jimmy Song who's post about Smart Contracts helped us a lot in creating this video:
https://medium.com/@jimmysong/the-truth-about-smart-contracts-ae825271811f
For the complete text guide visit:
http://bit.ly/2RAjY4j
Join our 7-day Bitcoin crash course absolutely free:
http://bit.ly/2pB4X5B
Learn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel:
http://bit.ly/2BVbxeF
Get the latest news and prices on your phone:
iOS - https://apple.co/2yf02LJ
Android - http://bit.ly/2NrMVw2
See anything we haven't covered? Leave us a comment in the comment section below
Видео What is Ethereum? A Beginner's Explanation in Plain English канала 99Bitcoins
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Ethereum Wallets Explained Simply (Smart Contracts, Gas, Transactions)Decentralizing Everything with Ethereum's Vitalik Buterin | Disrupt SF 2017Bitcoin Trading for Beginners (A Guide in Plain English)Which Is Better 1 Bitcoin OR 32 Ethereum? Long Term Investment StrategyWhat is Ripple? (XRP, IOUs, Gateway and Validators Explained)How the blockchain is changing money and business | Don Tapscott'Fake Bitcoin' - How this Woman Scammed the World, then Vanished11 Ways to Earn Bitcoins & Make Money with BitcoinBlockchain Technology for Dummies - Blockchain Explained SimplyWhat the Elite DON'T Want You To Know - Robert Kiyosaki and Jeff WangBEST Crypto Wallets 2020: Top 5 Picks 🔓How to Buy Cryptocurrency for Beginners (UPDATED Ultimate Guide)How To Buy Bitcoin In 2020 (& Store It Safely)Dan's Intro to How Ethereum WorksHow to Buy Bitcoins? (4 different methods reviewed)Ethereum 2020 Explained: What is Ethereum & How it Works (Ultimate Beginner's Guide)But how does bitcoin actually work?Ethereum in Depth: Smart Contracts - Part 1: What is a Smart Contract?What are Stablecoins? What is Tether?Ethereum 2.0 is coming – Here’s what you NEED to know