What is Ethereum? A Beginner's Explanation in Plain English

May 23, 2021 Paula Crypto Videos 40



Ethereum was proposed in 2013 and brought to life in 2014 by Vitalik Buterin. Unlike the Bitcoin network which was designed for Bitcoin transactions only, …


40 Comments

  1. CAUTION!! Many scammers are using the comment section to promote their scams and sometimes even use the name “99Bitcoins” in their profile. Never send money to someone you don’t know and don’t accept offers to trade or exchange cryptocurrency from strangers.
    Stay safe ??????

  6. Does Ethereum have a limit to the amount of ether (currency) coming into existence?

    What are the advantages of Ethereum over bitcoin?

  21. Wow.. I am age 41 and I didn't understand bitcoins and ether. You explained it so well!!! I see the point of bitcoin but I don't know how the government would allow it if they can't collect tax from it? Government will try to crack down like what China is trying to do. Maybe bitcoin is bigger than government in the future?

  23. broo, that Etherium fork was sick, I envisioned a multi-reality being created, like, the whole world decides to go back on time and destroy that Chinese market that created the Virus, so we would create 2 realities, and we would be on the Classic History of Covid. This a bit crazy

  26. I'm still confused..so confused that I slammed my penis inside a hot oven. I gotta get it together and the basic understanding of this Ethereum stuff.

  27. "There was no such thing as blockchain created before Bitcoin was invented" (2:20) FALSE INFO: there was blockchain long ago even before Bitcoin was invented; check New York times for more INFO

  29. It would appear that Bitcoin, Ethereum and similar, as yet undeveloped computer controlled monetary replacements are pseudo computer controlled financial platforms designed and developed thru the use of super computers controlled by super woke minded persons in an attempt to replace historic methods of monetary control by replacement thru decentralized control, i.e., government, or pseudo government. It is a device thru which control via exchange of a false sense of money-like information, controlled normally by a legal government under strict rules which cannot be changed other than by the controlling body. It requires an acceptance, without question or concern, that absent absolute legal government control under law, the device (or alleged security) is an accepted financial accepted reality (when, in reality, it is nothing of the sort). Unverified acceptance and trust are it's only redeeming qualitys. These monetary replacements will unlikely ever be accepted by the public at large. Bitcoin, cryptocurrency and other similarities will likely never replace government approved coin or paper money as weekly payment for the working public whether that be policemen, fry cooks, office clerks, bankers or school teachers. It is an exercise in financial experimentation which appeals to the exceptionally moneyed.

  31. everyone should have some $APE in their basket, this may be the best investment this bull-cycle, and it still so early

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  38. Minute 5:00. I'm thinking it be gold rush for certain organizations to offer ride hailing services and kidnapping and enslaving people without fear of being tracked, because there is no central authority to corroborate their identity. This is so naiff…

  40. When talking about crypto currency, I have come to understand that only a handful of people really understand its mechanics and make money of it.

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