Blockchain Basics – Ethereum Blockchain: Smart Contracts by University at Buffalo #6

Bitcoin blockchain is the mother of all blockchains.It was intended for peer to peer transfer of value and it does that well.Around 2013, a framework for code execution was introduced by Ethereum Founders.The centerpiece and thrust of this Ethereum blockchain is a smart contract.Consider this togged diagram comparing Bitcoin and Ethereum blockchain.On the left isthe…

Bitcoin: A Swiss Bank for Everyone’s Pocket

Bonjour à tous ! content de vous voir tous ici C’est vraiment très sympa d’être de nouveau à Zurich Je pense que la dernière fois que j’étais ici j’ai dû faire un show avec l’assocation nationale des banquiers. Je peux vous dire qu’il y avait beaucoup plus de costumes dans cette pièce qu’aujourd’hui. Vous savez,…

Currency as a Language – DogeCon 2014

[ORGANISER] Andreas Antonopoulos! [Applause][ANDREAS] It is such a huge pleasure to be here today. This is such a great community.Everyone here welcomed me with such warmth and open arms, so thank you!Thank you so much for having me here tonight.I would like to talk about a couple important issues [regarding] regulatory legitimacy.The cryptocurrency space can…

Bitcoin Q&A: Mass adoption & peer-to-peer commerce

[ORGANISER] When do you think we’re going to see blockchain adopted by the biggest market places(like Amazon) and by the mass-sellers and buyers?[ANDREAS] What kind of blockchain? [Laughter]An open, neutral, borderless, censorship-resistant blockchain?Well, arguably, it’s going to be difficult for big sellers to adopt that.They have to operate within a system of money as weaponised…

Ethereum Q&A: We are all blockchain weirdos

[AUDIENCE] Hi Andreas. I will try to not fan-boy out here. [Laughter] Quick question. I’m in the space since 2016.Since the last influx [of new people in] 2017, I feel like there was a movement [of debate]…about Bitcoin versus Ethereum.I personally appreciate their differences. I like them both individually for what they are.However, I feel…

Bitcoin Q&A: How do payment channels work?

“Can you explain the Lightning Network and how payment channels with ‘locked’ funds work?”Yes. Let’s start with payment channels.Payment channels are [opened from]…transactions on the Bitcoin network that lock funds in a 2-of-2 multi-signature address.If I have a payment channel with Alice, that has [bitcoin] locked [in a multi-sig with one key from each of…

DAPP, DAO, DAC, DAICO, DLT & DIF EXPLAINED | Crypto Jargon #15

Welcome to Crypto Jargon.In today’s episode:What is a DAPP,DAO,DAC,DAICO,DLT and DIFSeems we are stuck with the letter “D” today,so let’s get started.First, let’s look at the definition of DAPP.which stands for Decentralized Application.an application that is run by many userson a decentralized network on many computersinstead of just one single unit.and therefore it is outside…

Ethereum Q&A: Smart contracts and law ambiguity

“Are smart contracts agreed upon, or are they more a way of saying,‘This is how I function. If you want to interact with me, you [must] follow these rules’?”Gabriel, I think part of the challenge here is, the words “smart contract” is very confusing for many people.The [term] “smart contract” leads people to believe that…

Ethereum Q&A: Gas and resource allocation

“How is gas used? Is it used only in Ethereum?” This is a very interesting question.Gas is a fascinating topic regarding Ethereum and other smart contract platforms.When people talk about Ethereum, a term you will hear almost immediately is “Turing-complete.”When you hear “Turing-complete,” it sounds like something that is a great feature to have.I mean,…

Ethereum Q&A: ‘Coin’ and ‘token’ terminology

“Is a colored coin a meta-coin?”I think the term “meta-coin” has only been used by me.I coined it back in 2014, when writing the first edition of ‘Mastering Bitcoin.’I wanted to differentiate between altcoins that have their own blockchain,and coins that use metadata on top of another blockchain.Nowadays, I don’t think that term is useful.…