Blockchain & Ethereum

...beyond Bitcoin*

recap

Free*

Secure

Easy-to-use

Open & Decentralized

Digital Currency

tx Fees

Crypto

P2P

Shared Public

Ledger

Bitcoin was the first practical implementation [of the Blockchain Technology] and is currently* the most prominent triple entry bookkeeping system in existence.

Shared single source of truth

 

 

Incorruptible distributed digital edger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value

- Don & Alex Tapscott, authors Blockchain Revolution (2016)

The Slowest (and most Fascinating) Database in the World • Stefan Tilkov

altcoins

YES

  • Distributed public blockchain network
  • Use-case: track ownership of digital currency
    • ​bitcoin / ether

NO

  • Ethereum blockchain focuses on running arbitrary code of any decentralized application
    • smart contracts!

Is Ethereum similar to Bitcoin? ...

Smart Contracts

Self-executing computer code which runs on the blockchain when specific conditions are met to facilitate exchange of money, content, property, shares, or anything of value

Smart Contracts

Because smart contracts run on the blockchain, they run exactly as programmed without any possibility of censorship, downtime, fraud or third party interference

Smart Contracts

Ethereum Virtual Machine

Ethereum’s core innovation, EVM is a Turing complete machine on top of the blockchain

Crowdfunding

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