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#80: Ethereum: a distributed virtual machine for exchanging money and bored apes
Manage episode 333464953 series 2680464
Content provided by Tomasz Nurkiewicz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tomasz Nurkiewicz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Ethereum is a network of computers with no central trusted authority. They achieve consensus by running computation-intensive algorithm, known as proof-of-work. The agreed state is added to an append only ledger, known as blockchain. Yes, Ethereum is yet another blockchain. And it’s used to track transactions in a cryptocurrency, known as Ether. However, unlike Bitcoin, it’s much more than a simple log. Bitcoin accounts simply hold currency. Ethereum accounts can run programs as well. Ethereum network is actually one, huge computer!
Read more: https://nurkiewicz.com/80
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98 episodes
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Manage episode 333464953 series 2680464
Content provided by Tomasz Nurkiewicz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tomasz Nurkiewicz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Ethereum is a network of computers with no central trusted authority. They achieve consensus by running computation-intensive algorithm, known as proof-of-work. The agreed state is added to an append only ledger, known as blockchain. Yes, Ethereum is yet another blockchain. And it’s used to track transactions in a cryptocurrency, known as Ether. However, unlike Bitcoin, it’s much more than a simple log. Bitcoin accounts simply hold currency. Ethereum accounts can run programs as well. Ethereum network is actually one, huge computer!
Read more: https://nurkiewicz.com/80
Get the new episode straight to your mailbox: https://nurkiewicz.com/newsletter
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