Bitcoin is the money of the Internet. Ethereum is the Internet of money.
That's how I think of it anyway. Despite the criticisms about the IPO, etc I still am excited about the possibilities and applications that haven't even been thought of yet.
https://preview.redd.it/yo4kwpjsiw351.jpg?width=1200&format=pjpg&auto=webp&s=2aa8061883cb5a36cd860ad5581041a93816da65 The number of wallets on the Ethereum network has reached 100 million for the first time in five years of cryptocurrency existence, said Ryan Sean Adams, founder of Mythos Capital. He pointed out that this reflects the massive adoption of Ethereum, and compared crypto wallets to bank accounts. The former are independent of states and companies, are available anywhere in the world and belong only to their owners. Adams also compared ethereum to the internet: “Ethereum doing to value what the internet did for communication,” he explained. For comparison, he gave a graph of the growth in the number of websites - the level of 15 million was reached only 15 years after the mass launch of the Internet.
Ethereum wants to replace third parties on the Internet that stores all data ever provided, promising its audience the outmost anonymity, without keeping any financial details or similar. Essentially, Ethereum creators wanted it to be a world computer that would be completely decentralised, and according to some, democratised. But all you need to access Ethereum and its lending, borrowing and savings products is an internet connection. A more private internet You don't need to provide all your personal details to use an Ethereum app. Ethereum is building an economy based on value, not surveillance. Upon further investigation, the reorganization of the Ethereum Classic is now deemed to be a non-malicious mistake by a miner with a bad internet connection and is in the process of being addressed. But due to the nature of Ethereum Classic’s proof-of-work consensus algorithm, the blockchain is now moving forward on the “split” chain ... The Ethereum community played a key role in the genesis of the Internet Computer project, and shall use the network to extend the capabilities of Ethereum dapps. On September 30, 2020, the Internet… Ethereum is a technology that uses blockchain development to replace internet third parties that store data and financial records. In an idealized ethereum model, no one entity would control your ...
Ep. #449- Ethereum: Taking Back Control Of The Internet (Joseph Lubin)
Programmer explains Ethereum Web 3.0 Evolution of Internet - Duration: 14:49. Ivan on Tech 13,394 views. 14:49. Mushrooms as Medicine with Paul Stamets at Exponential Medicine - Duration: 31:55. Ethereum is how the Internet was supposed to work: it's a censorship-proof planetary scale computer, where users always stay in control of their funds and personal data. Nick Johnson, core developer at the Ethereum Foundation and lead at the Ethereum Name Service, shares juicy thoughts about the future of the internet and how to make blockchain closer to mass ... #bitcoin #ethereum #cryptocurrency #blockchain #crypto ... Ethereum Web 3.0: Evolution of the Internet - Duration: 17:56. Ethereum News 1,467 views. 17:56. Language: English
