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

Start trading Bitcoin and cryptocurrency here: https://bit.ly/3gfXFSA

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, Ethereum is a DIY platform for decentralized apps (or Dapps) that uses smart contracts. ‘Ether’ is Ethereum network’s currency and it is used for running Dapps.

0:34 - Quick Bitcoin recap
1:27 - Blockchain technology in a nutshell
3:30 - What is Ethereum?
5:43 - How Ethereum works
8:14 - The DAO and the Ethereum fork
9:47 - Ethereum as a currency
10:39 - Ethereum's ICO
11:09 - Conclusion

Special thanks to Jimmy Song who's post about Smart Contracts helped us a lot in creating this video:
https://medium.com/@jimmysong/the-tru...

For the complete text guide visit:
http://bit.ly/2RAjY4j

Learn ANYTHING about Bitcoin and cryptocurrencies on our website

Visit Our Website : https://metapayclicks.com
Telegram channel : https://t.me/metapayclicks
Facebook page : https://www.facebook.com/metapayclicks/
Linkedin : https://www.linkedin.com/company/mpc-network/
Twitter : https://twitter.com/MetapayC
locals.com : https://locals.com/member/MetaPayC
Instagram : https://www.instagram.com/metapayclicks/
Tumblr : https://metapayclicks.tumblr.com/
Youtube Channel : https://www.youtube.com/channel/UCwAamK7hbpF51HcPgJSTuVA
Flickr : https://www.flickr.com/photos/196588923@N04/
Tiktok : https://www.tiktok.com/@metapayc
Dribbble : https://dribbble.com/metapayc
Vk : https://vk.com/id752424948
Reddit : https://www.reddit.com/user/MetaPayC