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The cryptocurrency concept, how it works and what the coins are, explained in one simple guide!
Baffled by bitcoin? Well, fear no more. In 190 seconds we explain what bitcoin actually is, where the idea came from and the impact it’s having around the world. Is bitcoin the future of finance, a potential destroyer of the economy … or just a silly slice of technical utopianism?
Ethereum is a blockchain with a computer embedded in it. It is the foundation for building apps and organizations in a decentralized, permissionless, censorship-resistant way.
In the Ethereum universe, there is a single, canonical computer (called the Ethereum Virtual Machine, or EVM) whose state everyone on the Ethereum network agrees on.
What are NFT’s? NFT’s are an innovation in the blockchain/cryptocurrency space that allows you to track who owns a particular item. Something tricky with digital files because they can easily be copied.
NFT’s are essentially smart contracts that live on blockchains like Ethereum, Flow, or Tezos. They can also be programmed to give the creator a royalty of every sale of his NFT.
Bitcoin and other cryptocurrencies set out to upend the financial order and replace conventional money. Bitcoin has certainly disrupted the global financial system, but can it ever live up to the hype?