At its most basic, Ethereum is an open-source software platform based on blockchain technology. This platform enables developers to build and deploy decentralized applications (dapps) like Status or Metamask on it.
This is PART-4 of The Product Manager’s guide to the Blockchain series! If you somehow landed on my publication for the first time, Welcome! I recommend you start from part 1, and then read part 2 and part3 before reading this post. However If you are the explorer type, read on!
The proof of stake system is attracting a lot of attention these days, with Ethereum switching over to this system from the proof of work system. Proof of stake is an alternative process for transaction verification on a blockchain.
Tokens are selling at valuations which imply they’ll have millions of users. But can the blockchain support it? If not, how far away are we? 2. Scalability of these components. I think this will be the main limiting factor and what will be discussed in this post.
If you are reading this post, you perhaps already know what a blockchain is. If not, here is an interesting video by the World Economic Forum on what the blockchain is today and could be in the very very near future.
Ethereum builds on blockchain and cryptocurrency concepts, so if you are not familiar with these, it’s worth reading a gentle introduction to bitcoin and a gentle introduction to blockchain technology first. This article assumes the reader has a basic familiarity with how Bitcoin(...)
Some people say Ethereum is too logic-heavy and hard to use, but here’s a write-up to give you a feel for building smart contracts and applications with it. Tools, wallets, applications and the ecosystem are still in development and it’ll get easier!
Republished from the Ethereum blog at the request of Steve D. Mckie. Vitalik suggested last week that I share my basic research and design philosophy in a blog post, I agreed but complained that it was still changing.
The purpose of this document is to discuss the origins, developments, and economic issues of blockchain technology as well as the industry opportunities presented by different forms of distributed ledger systems. The engineering of digital currencies’ blockchains are presented be(...)