Etherium 2.0 is a huge update to Ethereum that includes a number of new features and improvements. In this video, we'll take a look at what this update is all about and what it means for the future of Ethereum and Dapps. Etherium 2.0 is a major update to the Ethereum network that includes a number of new features and improvements. In this video, we'll take a look at what this update is all about and what it means for the future of Ethereum and Dapps. We'll discuss topics like smart contracts, Plasma, and state channels, and what they mean for the future of Ethereum. Everything You Need to Know About Ethereum: How it Differs from Bitcoin & What it Can Do What Is Ethereum? Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications (DApps) like smart contracts and cryptocurrencies. It was invented in 2013 by Vitalik Buterin and launched in 2015, making it one of the youngest major cryptocurrencies in the industry. From its humble beginnings as the Bitcoin killer to its breakneck run-up of nearly 5000% in 2017, you�re sure to have questions about Ethereum...and we�ve got answers! What is Ethereum? Ethereum is an open-source distributed computing platform featuring smart contract functionality. It provides a decentralized virtual machine that can execute scripts using a global network of public nodes. The Ethereum Virtual Machine makes the process of creating blockchain applications much easier and efficient than ever before. Instead of having to build an entirely original blockchain for each new application, Ethereum enables the development of potentially thousands of different applications all on one platform. These can all interact with one another in ways that were previously impossible. Ethereum was invented by Vitalik Buterin in 2013 and is developed by the non-profit organization, Ethereum Foundation. How does Ethereum differ from Bitcoin? Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. It provides a decentralized virtual machine that can execute scripts and be used to build decentralized applications. The ether token is the second most popular cryptocurrency in the world and acts as a transaction fee for executing smart contracts on the network. Unlike bitcoin, etherium has been designed with many complex operations so that its blockchain is able to provide more utility than just being a digital currency. What are dApps? A dApp, or decentralized application, is a web application or software that runs on a P2P network of computers rather than a centralized server. The advantage of decentralized applications is that they are not susceptible to being taken down by a malicious attack on the central server. This makes them perfect for use with an emerging technology like the blockchain. One popular decentralized application is called CryptoKitties. What is the utility of Ethereum? Ethereum is a blockchain platform and cryptocurrency similar to Bitcoin, but it offers more functionality than just being able to store transactions. The Ethereum blockchain can store any type of information in the form of a smart contract. This technology has led to the rise of what's known as decentralized applications or dApps. These are applications that do not rely on a central server like traditional web apps and instead use a decentralized network such as the Ethereum blockchain. Some examples of dApps include Cryptokitties, EtherDelta, and CryptoKitties. How can I get started with Ethereum? Ethereum is a blockchain-based decentralized platform that runs smart contracts. Ether, the cryptocurrency of the Ethereum platform, is used to pay for computations within these applications. To get started with Ethereum and ether, you need to download a wallet, buy ether (ETH) on an exchange or mine ETH. Once you have your ETH coins in your wallet and you�ve secured your funds by making backups of your seed words and private keys, you can start exploring what Ethereum has to offer. One way might be interacting with dApps (decentralized applications). There are several ways of doing this - one way is by using MyEtherWallet which will allow you to interact with various decentralized exchanges such as Kyber Network or IDEX. #ethereum #cryptocurrencies #crypto #dapps #cryptocurrencies Etherium 2.0 is a huge update to Ethereum that includes a number of new features and improvements. In this video, we'll take a look at what this update is all about and what it means for the future of Ethereum and Dapps. Etherium 2.0 is a major update to the Ethereum network that includes a number of new features and improvements. In this video, we'll take a look at what this update is all about and what it means for the future of Ethereum and Dapps. We'll discuss topics like smart contracts, Plasma, and state channels, and what they mean for the future of Ethereum.More Info