Ethereum

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).

Decentralization is a big word that refers to a lot of things, and there are a countless number of DAOs out there, all doing something unique.

This thread is the result of 2+ hours spent making this digestible to my incredible smooth brain. Thank you.

Deposit collateral, mint GHO. Burn GHO, reclaim collateral.

Options are a contract between two parties to buy/sell an asset (in the future) using a fixed price and date.

(APIs) are the mechanism by which programs communicate and developers coordinate.

A (VM) is a computer program that emulates a complete, independent computer system entirely within another computing environment.

Here's the unspoken question: “so what does this look like in 50+ years? Does crypto eat the world?”

Ethereum is the World Computer - a credibly neutral, globally shared utility that exists between a network of thousands of untrusted computers (called nodes).

Money is a concept older than history; by 2008 it had permeated our lives so deeply that it’s hard to understand the world without reference to it.

Ethereum exists between a network of 1,000s of computers (nodes), each running a local version of the Ethereum Virtual Machine (EVM).

In 2008, Satoshi Nakamoto created blockchain technology, changing the world forever.

Ethereum is a distributed . A state machine is a mathematical model of computation with two major components:

First, a metaphor: Let's say you have a really cool Lego boat... but you're kinda into that other girl's Lego Star Wars set.

Ethereum exists between a network of 1,000s of computers (nodes), each running a local version of the Ethereum Virtual Machine (EVM).

Ethereum is the World Computer: a globally shared utility that exists between a network of 1000s of computers.

Ethereum's roadmap for scaling, security, and sustainability through coordinated protocol upgrades.

Although 2 years is an entirety in crypto-years, the arguments still represent the best argument why Proof of Stake (PoS) > Proof of Work (PoW) I have seen (so far).

Ethereum is a network of 1,000s of computers (nodes) coordinating using Proof of Stake (PoS) to keep the Ethereum Virtual Machine (EVM) in sync.

This article will walk you through the resource requirements of an Ethereum node in November 2022.

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).

Ethereum exists between a network of 1,000s of computers (nodes), each running a local version of the Ethereum Virtual Machine (EVM).

Credible randomness is critical to PoS's security design, particularly in regards to validator assignments (including block proposer).

A is a data structure used to organize and encrypt huge data sets.

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).

The Byzantine Generals' Problem describes a thought experiment that illustrates the challenges of asynchronous coordination.

is the "final step in the transfer of ownership, involving the physical exchange of securities or payment".

This is a high-level discussion of consensus system, including PoW and PoS. .

is the "final step in the transfer of ownership, involving the physical exchange of securities or payment".

A is a data structure used to organize and encrypt huge data sets.

Ethereum exists between a network of 1,000s of computers (nodes), each running a local version of the Ethereum Virtual Machine (EVM).

is the "final step in the transfer of ownership, involving the physical exchange of securities or payment".

Ethereum exists between a network of 1,000s of computers (nodes), each running a local version of the Ethereum Virtual Machine (EVM).

Decentralization is a big word that refers to a lot of things, and there are a countless number of DAOs out there, all doing something unique.

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).

Bitcoin invented decentralized computation: the coordination of untrusted computers to achieve a unified computing environment.

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).

measures the amount of computational effort required to execute specific operations on Ethereum.

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).

It's 2022, by now you should know Ethereum as the World Computer.

Ethereum is the World Computer, a network of 1,000s of computers (nodes) coordinating using Proof of Stake (PoS) to keep the Ethereum Virtual Machine (EVM) in sync.

Ethereum is the World Computer, a network of 1,000s of computers (nodes) coordinating using Proof of Stake (PoS) to keep the Ethereum Virtual Machine (EVM) in sync.

Ethereum exists between a network of 1,000s of computers (nodes), each running a local version of the Ethereum Virtual Machine (EVM).

Let's pretend you are a shop owner and I am a potential customer.

Ethereum is the World Computer, a network of 1,000s of computers (nodes) coordinating using Proof of Stake (PoS) to keep the Ethereum Virtual Machine (EVM) in sync.

Originally published on the Flywheel Podcast as a video essay, .

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers.

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).

In 2021 I listened to Hayden Adams explain Uniswap on the Bloomberg Odd Lots podcast, and my life changed forever.

A is a data structure used to organize and encrypt huge data sets.

Every 12 seconds, Ethereum opens a new slot, expecting a new block.

Ethereum exists between a network of 1,000s of computers (nodes), each running a local version of the Ethereum Virtual Machine (EVM).

A is a data structure used to organize and encrypt huge data sets.

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).

Ethereum exists between a network of 1,000s of computers (nodes), each running a local version of the Ethereum Virtual Machine (EVM).

There are many different ways to understand Ethereum and blockchain technology. For me, metaphor is what opened my eyes.

Ethereum exists between a network of 1,000s of computers (nodes), each running a local version of the Ethereum Virtual Machine (EVM).

BLS Digital Signatures A method of generating ; digital signatures appear as random data (there is no way to discover anything about the signer with just the signature.

Ethereum is a distributed computing platform.

is the "final step in the transfer of ownership, involving the physical exchange of securities or payment".

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).

A is a mathematical model of computation with two major components:

Some are called by the decentralization, others to become unrealistically wealthy; everyone has their reasons.

A is a mathematical model of computation with two major components:

BLS Digital Signatures A method of generating ; digital signatures appear as random data (there is no way to discover anything about the signer with just the signature.

This Article is a summary of Vitalik's blog post, .

A is a mathematical model of computation with two major components:

Ethereum exists between a network of 1,000s of computers (nodes), each running a local version of the Ethereum Virtual Machine (EVM).

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).

Ethereum is the World Computer, a network of 1,000s of computers (nodes) coordinating using Proof of Stake (PoS) to keep the Ethereum Virtual Machine (EVM) in sync.

Ethereum is the World Computer, a single, globally shared computing platform that exists in the space between a network of 1,000s of computers (nodes).

Before we dive into the tokens, let's take a step back and talk about De-Fi holistically.

is the "final step in the transfer of ownership, involving the physical exchange of securities or payment".