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Showing posts with the label why learn eth

Ethereum Overview

Origin of Ethereum:  At Some point Blockchain technology became very popular. One Blockchain per Application. It's very difficult to create our own blockchain for every new applications. Ethereum concept came here, it's aim to create a single blockchain for that will allow to create any kind of new applications on top of it.   History of Ethereum: 2013 - Ethereum whitepaper by Vitalik buterin   2014 - Ethereum Development 2015 - Olympic Release Eth network was created 2020 - Boom in DeFi Activities 2022 - The Merge Upgrade of Execution layer Overview: Ethereum Projects: AUGUR - Prediction Market OPENSEA - digital collectibles UNISWAP - Assets Exchange COMPOUND - Leading platform Decentralized Application : Ethereum allows us to build new applications called Decentralized Applications . Just as regular applications, they run on multiple machines. But what differs them is that these machines are not owned by single group or organization. They are owned by different people i...