Ethereum
A cryptocurrency known also as ETH. Home to shitload of shitcoins and NFT, and gas fees higher than irl.ethereum
Ethereum is a "blockchain app platform", and a "world computer".
It has Ether as a volatile cryptocurrency, with the ticker ETH. The price of ETH drops when Ethereum hodlers read news headlines like "The founder of Ethereum died in a car crash", or there are scams with initial token offerings, or ITOs. The network slows down during ITOs, or when apps are used too much, such as when too many people play a game for trading digital cats, called Cryptokitties.
It's "a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
"These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
"This enables developers to create markets ... and many other things ... all without a middleman or counterparty risk.
The project was bootstrapped via an Ether ICO in August 2014.
Developers and researchers are working on various improvements improvements to the protocol and ecosystem, e.g. as described in a thread on ethresear.ch.
It has Ether as a volatile cryptocurrency, with the ticker ETH. The price of ETH drops when Ethereum hodlers read news headlines like "The founder of Ethereum died in a car crash", or there are scams with initial token offerings, or ITOs. The network slows down during ITOs, or when apps are used too much, such as when too many people play a game for trading digital cats, called Cryptokitties.
It's "a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
"These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
"This enables developers to create markets ... and many other things ... all without a middleman or counterparty risk.
The project was bootstrapped via an Ether ICO in August 2014.
Developers and researchers are working on various improvements improvements to the protocol and ecosystem, e.g. as described in a thread on ethresear.ch.
Example:
Alice: Have you heard of Ethereum?
Bob: Nope, what is it?
Alice: It's a blockchain app platform.
Alice: Have you heard of Ethereum?
Bob: Nope, what is it?
Alice: It's a blockchain app platform.
ethereum
A cryptocurrency, similar to Bitcoin, but with different technical implementations and uses. Has the second largest market capitalization (after Bitcoin), as of August 2017.
Often abbreviated as ETH or Ether.
Slighly less than 100 million ETH are in circulation and the price has risen with about 50000% (fifty thousand percent) since 2015.
Often abbreviated as ETH or Ether.
Slighly less than 100 million ETH are in circulation and the price has risen with about 50000% (fifty thousand percent) since 2015.
Example:
Steve told me about Ethereum when it first released back in 2015. He bought about 1000 ETH for $0.50 each and I bought none.
Now he's drinking champagne on the beach of St. Tropez surrounded by 3 hot bitches while I'm stuck in my mom's basement watching porn and eating pasta ketchup.
Steve told me about Ethereum when it first released back in 2015. He bought about 1000 ETH for $0.50 each and I bought none.
Now he's drinking champagne on the beach of St. Tropez surrounded by 3 hot bitches while I'm stuck in my mom's basement watching porn and eating pasta ketchup.
Ethereum Killer
Any decentralized smart contract platform that can scale, remove user fees, govern itself by the community, or ruffle Vitalik's feathers on an otherwise pleasant day.
Example:
EOS is the Ethereum Killer
EOS is the Ethereum Killer
ethereum proof of stake
currently as of 8/17/22, Ethereum has postponed the transition from proof of work to proof of stake so many times, it is reasonable to assume it will not occur. worst case scenario is transition from proof of work to proof of stake transition takes place. then $200 billion loss occurs divided in the following groups, Ethereum holders ( due to instant crash), and less to miners because there is always etc mining
Example:
Yooo did you hear about the merge coming up, Ethereum proof of stake
- Bruhh you been saying this for almost a decade, and i still doubt it ever will happen
yooo what if it does happen?
- Bruhh quit sniffing that ether, you lose brain cell
yo idc, if ether is the death of me..at least we will be minus zero or burred lower than the ground
-
Yooo did you hear about the merge coming up, Ethereum proof of stake
- Bruhh you been saying this for almost a decade, and i still doubt it ever will happen
yooo what if it does happen?
- Bruhh quit sniffing that ether, you lose brain cell
yo idc, if ether is the death of me..at least we will be minus zero or burred lower than the ground
-