What is Ethereum A Beginners Explanation in Plain English
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=jxLkbJozKbY
Start trading Bitcoin and cryptocurrency here: http://bit.ly/3qDOEmv • 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: • / the-truth-about-smart-contracts • 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 • See anything we haven't covered? Leave us a comment in the comment section below
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