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What is Ethereum? A Beginner's Explanation in Plain English

by Crypto News
October 15, 2021
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What is Ethereum? A Beginner's Explanation in Plain English
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Begin buying and selling Bitcoin and cryptocurrency right here: http://bit.ly/3qDOEmv

Ethereum was proposed in 2013 and dropped at life in 2014 by Vitalik Buterin. Not like the Bitcoin community which was designed for Bitcoin transactions solely, Ethereum is a DIY platform for decentralized apps (or Dapps) that makes use of sensible contracts. ‘Ether’ is Ethereum community’s forex and it’s used for working Dapps.

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0:34 – Fast Bitcoin recap
1:27 – Blockchain expertise in a nutshell
3:30 – What’s Ethereum?
5:43 – How Ethereum works
8:14 – The DAO and the Ethereum fork
9:47 – Ethereum as a forex
10:39 – Ethereum’s ICO
11:09 – Conclusion

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