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).

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

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.

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.

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

Ethereum is a distributed computing platform.

Core Concepts

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).

Interested in consuming this content in video form? .

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

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.

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

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".

Let's start with some data - let's just pick 30 random words from the BIP-39 list (the words used for your seed phrases).

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.

Let's start with some data - let's just pick 30 random words from the BIP-39 list (the words used for your seed phrases).

Note - On August 5, 2021 Ethereum executed the which, among other things, overhauled how gas works 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).

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

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

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

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

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 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).

: blockchains cannot pull in or push out data to any external system (by design).

Ethereum Consensus Updates

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).

Let's say you're a developer working for an e-commerce retailer who sells fruit.

We've discussed the concept of and how developers use it to manage complexity and collaborate effectively.

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

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

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.

To understand generational changes, you need to have a generational perspective. So, let's start from the beginning...

is the opportunity to secure a guaranteed profit by identifying and exploiting an information discrepancy.

This article aims to give you a theoretical understanding of MEV in relation to the real-world activities that look a lot like MEV.

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).

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

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 computing platform built on trustless trust. From the coordination miracle of humanity to the future of decentralized systems.

American International Group (AIG) was founded in 1919 in Shanghai as a generalized insurance agency called American Asiatic Underwriters.

By definition, history does not begin nor end; everything comes from before, everything leads to something.

Lehman Brothers Holdings Inc.

Arbitrage - an opportunity to secure a guaranteed profit by identifying and exploiting an information discrepancy.

Bond A that pays $100 in 1 week  Bond B that pays $200 in 1 year

Before we begin, a quick note.

This is part of a series on elliptic curve cryptography and its applications for Ethereum.

Practical definition of Money:  Money is a system of value that facilitates the exchange of goods in an economy.

This is part of a series on elliptic curve cryptography and its applications for Ethereum.

(perps) were a concept developed in the 90s but not really tried until released crypto perps in 2016.

Consider a square with sides of length X. An increase in side length results in:

Has the depth and to allow for reliable and efficient international transactions Can be freely and easily exchanged for other currencies ...

Applying a takes data (of arbitrary contents and size) and reduces it to a unique, compact string.

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

A vector is a concept used to convey quantities that cannot be expressed by a single number.

The way I think of a computer is it's a machine that provides a platform for the (incredibly) quick and efficient calculation of math.

Alright, let’s talk product manufacturing cycles. At a super high level, here’s one one cycle looks like:

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.

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).

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. .

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

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.

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).

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).

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.

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

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.

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.

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

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

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

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.

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

A 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.

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

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".