'What Is Ethereum? Learning Crypto with Amy on The HackerNoon Podcast' by hackernoon hackernoonpodcast ethereum
[00:00:00] Amy: Uh, Hey, Andrew, this is a safe space, right? Like it's just the two of us here. Nobody else has listened to this. Right. So I can ask all my dumb questions right now.[00:00:24] Amy: All right. Anyways, I, of course am your host, Amy, Tom. And this is The HackerNoon Podcast joining me today, as I have just alluded to is Andrew Levine from Koinos Group. Thank you very much for joining me today. I have a lot of dumb questions about Ethereum for you today.
And there, there's no reason that, you know, intelligent people like yourself should find this technology. Inaccessible other than a failing on our part as the technologists to explain it. So I'm happy to be here. And I'm happy to have this conversation with you now, a theory about a theory. I think it's really helpful.
realization that Vitalic. The inventor of Ethereum hat. He probably wasn't the only one to start realizing this. Actually I think a lot of people as Bitcoin emerged and grew in popularity and our understanding of the technology. Broadened and deepened, because this is something people don't understand when a technology emerges, even the people who created it really don't necessarily understand it as well as people might imagine, we create things we play with.
The talc is objective. A genius. Nobody who's ever met him or knew or read his work would argue that point. He's brilliant. And what he saw was that all these people. We're trying to use the blockchain to do other things, but they were doing it in a very inefficient way. There were copying Bitcoin tweaking the Bitcoin code and launching something that wasn't Bitcoin, that wasn't connected to Bitcoin.
What you do on those networks is what's so different on Bitcoin. The only thing you do, the only thing it makes sense to do is send and receive Bitcoins Bitcoin. There's just more, you can do, you can run coat, but if you want to run that code, it's still the same. It's still the same underlying mechanism.
[00:10:07] Andrew: it. Yes. And the term we use for this is that it's a platform that you can use to release decentralized applications. [00:11:17] Andrew: There's a few things that aren't great about Ethereum, many of which trace back to the fact that it's just old, that it was the first. So they had to build a lot of stuff themselves. They had to build their programming language themselves and to bring their, build their virtual machine themselves.
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