Category : Beginner's Guides

Crytocurrency / Beginner's Guides - 2 years ago

How Will Ethereum Scale?

Like other public blockchains, ethereum intends to support as many users as it can. The problem is that, today, we don't really know the limits of the platform. Because of a hard-coded limit on computation per block, the ethereum blockchain currentl...

Crytocurrency / Beginner's Guides - 2 years ago

What is a DAO?

Imagine this: a driverless car cruises around in search of passengers. After dropping someone off, the car uses its profits for a trip to a charging station. Except for it's initial programming, the car doesn't need outside help to determine how to...

Crytocurrency / Beginner's Guides - 2 years ago

What is a Decentralized Application?

Internet users don't have sole control over the data they share on today's websites. Ethereum is unique in that it attempts to wield the blockchain as a way to correct what its designers believe is a problematic part of the internet's design. It's l...

Crytocurrency / Beginner's Guides - 2 years ago

How Ethereum Works

Now that we've covered what ethereum is, let's dive deeper into how the platform functions under the hood. Consider the online notebook application described in "What is Ethereum?" Using ethereum, the app doesn't require one entity to store and cont...

Crytocurrency / Beginner's Guides - 2 years ago

How to Mine Ethereum

Now that you know "How Ethereum Mining Works", you may want to know how to compete in the race to mine ether yourself. To recap, mining is the glue that holds ethereum's 'decentralized app store' together by ensuring that it comes to consensus on ea...

Crytocurrency / Beginner's Guides - 2 years ago

How Ethereum Mining Works

Today, miners play an important role in making sure ethereum works. This role isn't immediately obvious, though. Many new users think that the sole purpose of mining is to generate ethers in a way that doesn't require a central issuer (see our guide...

Crytocurrency / Beginner's Guides - 2 years ago

Who Created Ethereum?

In 2008, an unknown developer (or developer group) invented bitcoin as a new way to send value over the internet. Four years later, a 19-year-old dreamed up a new platform based off of this innovation in an effort to transform the internet entirely...

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Crytocurrency / Beginner's Guides - 2 years ago

How to Use Ethereum

The thought of using ethereum might sound intimidating, but it could be rewarding. If the 'unstoppable world computer' develops according to plan, it could provide alternatives to the Facebooks and Googles that many people use everyday (as explained...

Crytocurrency / Beginner's Guides - 2 years ago

What is Ether?

As we explored in "What is Ethereum?", ethereum aims to function both as a kind of decentralized internet and a decentralized app store, supporting a new type of application (a "dapp") in the process. But while no one owns ethereum, the system that...

Crytocurrency / Beginner's Guides - 2 years ago

What is Ethereum?

Before you can understand ethereum, it helps to first understand the internet.Today, our personal data, passwords and financial information are all largely stored on other people's computers – in clouds and servers owned by companies like Amazon, Fac...

Crytocurrency / Beginner's Guides - 2 years ago

Why Use a Blockchain?

As the implications of the invention of have become understood, a certain hype has sprung up around blockchain technology.This is, perhaps, because it is so easy to imagine high-level use cases. But, the technology has also been closely examined: mil...