source: FastCompany
[output]
[output]
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smart contracts are propagated to every nodes of the network, in the same way transactions are
Bitcoin is capped
Ethereum is uncapped
4.25
12.5
17M
72.049.306 ETHER
103.042.415 ETHER
blockchain + consensus mechanism
ethereum virtual machine (EVM)
smart contract developing platform
Every node on the Ethereum blockchain network has a copy of the smart contract …
… but the outside world doesn't know about it!
source: Ethereum, Gas, Fuel & Fees
fee = (startGas — remainingGas) × gas price
mechanism design
cryptoeconomics
token design
token engineering
mechanism design
cryptoeconomics
token design
token engineering
governance
buy DAO tokens with Ether
get tokens from funded products
>20.000 participants
~Ξ12m (~$150m)
~14% of Ethereum market cap
Vitalik put 1500 ETH in it
useful for adoption
(means of exchange)
useful for adoption
useful for adoption
useful for privacy
useful for
participation
useful for
scalability
useful for adoption
| Bitcoin | 3 tx/s |
| Ethereum | 10 tx/s |
| PayPal | 200 tx/s |
| Credit Card | 5,000 tx/s |
| IoT | 50,000–70,000 tx/s |
| 200,000 tx/s |
source: epicenter podcast #248 bloXroute
source: The ScalabilityTrilemma
The trilemma claims that blockchain systems can only at most have two of the following three properties
By Laurent Hardy
An overview of the Ethereum blockchain. We go over the differences with Bitcoin, its vision, key features, and specific components. We take a look at what Web3 might look like and how and who is building it. Moving forward, scalability is going to be a big problem and we see how it can be solved.
Going deeper into research and spreading knowledge all around me. I'm mastering my skills as a business logic designer in the blockchain space. Pro #decentralisation #new-forms-of-governance #social-inclusion #science-based-progress #logic-reasoning
