What is Ethereum
Ethereum is a decentralized blockchain network powered by the Ether token that allows users to make transactions, earn interest on their holdings through staking, use and store nonfungible tokens (NFTs), trade cryptocurrencies, play games, use social media and so much more.
Building on top of Bitcoin
If you're together with us and you’ve followed this section on the Basics of Crypto sequentially you’ll know that Bitcoin is a new form of internet money which is digitally scarce.
A fork in the road
There are four main roles in the Bitcoin ecosystem. These aren’t mutually exclusive, and there can be overlap between two or more roles.
Bitcoin's limitations
The target and gain of the inventor of Bitcoin will easily and possibly be regarded as important as the invention of the internet or personal computer. Not just as new form of money, but an entirely new way of thinking about money.
How Bitcoin works
We’ll explore how Bitcoin achieves sound money in an entirely digital form, and with no one in charge.
Bitcoin, scarcity & trust in money
• Why scarcity matters so much for sound money • How the existing money system works • Fiat money isn’t scarce & why that is a problem • Why achieving digital scarcity is such a big deal
What is Cryptocurrency?
A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers.
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