Start trading Bitcoin and cryptocurrency here: http://bit.ly/3qDOEmv
Ethereum was proposed in 2013 and brought to life in 2014 by Vitalik Buterin. Unlike the Bitcoin network which was designed for Bitcoin transactions only, Ethereum is a DIY platform for decentralized apps (or Dapps) that uses smart contracts. ‘Ether’ is Ethereum network’s currency and it is used for running Dapps.
0:34 – Quick Bitcoin recap
1:27 – Blockchain technology in a nutshell
3:30 – What is Ethereum?
5:43 – How Ethereum works
8:14 – The DAO and the Ethereum fork
9:47 – Ethereum as a currency
10:39 – Ethereum’s ICO
11:09 – Conclusion
Special thanks to Jimmy Song who’s post about Smart Contracts helped us a lot in creating this video:
For the complete text guide visit:
Join our 7-day Bitcoin crash course absolutely free:
Learn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel:
See anything we haven’t covered? Leave us a comment in the comment section below