At the beginning of a video by Vitalik Buterin on scaling he discussed the speed of the Ethereum network and its important characteristics. I highly recommend watching this video (at least the start). In it he describes how Ethereum is presently 1,000,000 times slower and more expensive than regular computers available today. Even once scaling …
The blockchain is a wonderful, novel thing. But in order to know when a blockchain is the tool to fix a problem, it is important to understand what the blockchain does well. Advantages of the Ethereum blockchain The data written on the blockchain cannot be changed. It can be updated, but the previous versions are …
Ethereum was announced by Vitalik in January 2014, so perhaps its too short to be considered history. A good story of Ethereum’s early days is here. Ethereum Network Development Plan At its outset, Ethereum was a designed as a development program. Four releases were initially foreseen; Frontier, Homestead, Metropolis and Serenity. Metropolis has now been …
What is Ethereum? I will not redefine what others have done previously. The first description is lighter and has pictures and quotes. The second description is more complete, by the Ethereum Foundation, and longer. A short history of Ethereum is here.
The Ethereum Name Service (ENS) is a utility that allows names to be associated with Ethereum Addresses. An Ethereum address is a 40 character hex number (0x1d8a08c8c3ce0a852cb4da902754991759f7f625). It is far too long to type or dictate practically without errors. ENS allows you to shorten this to a simple name (such as rexhygate.eth). I would recommend …
Index Ethereum is all about its use cases. They are what defines its utility. Sure its a great crypto currency and you can make money mining Eth, but the real advantage is in the many different applications it has. As it evolves, it is positioned to make some real changes in the way people interact …