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Ethereum is a network of computers with no central trusted authority. They achieve consensus by running computation-intensive algorithm, known as proof-of-work. The agreed state is added to an append only ledger, known as blockchain. Yes, Ethereum is yet another blockchain. And it’s used to track transactions in a cryptocurrency, known as Ether. However, unlike Bitcoin, it’s much more than a simple log. Bitcoin accounts simply hold currency. Ethereum accounts can run programs as well. Ethereum network is actually one, huge computer!
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Around IT in 256 seconds
Podcast for developers, testers, SREs... and their managers. I explain complex and convoluted technologies in a clear way, avoiding buzzwords and hype. Never longer than 4 minutes and 16 seconds. Because software development does not require hours of lectures, dev advocates' slide decks and hand waving. For those of you, who want to combat FOMO, while brushing your teeth. 256 seconds is plenty of time. If I can't explain something within this time frame, it's either too complex, or I don't understand it myself.
By Tomasz Nurkiewicz. Java Champion, CTO, trainer, O'Reilly author, blogger
Kategorie:
Technologia
Technologia