What is Ethereum? A Simple Explanation Anyone Can Understand

in steem •  16 days ago

What is Ethereum you may ask? Well putting it simple an explanation of Ethereum is it's a Block-Chain type system that allows you to make Dapps and other services through smart contracts. Smart contracts are basically a certain code on the Block-Chain that can execute certain code to do a certain task on the Block-chain. You see Ethereum is like Bitcoin on steroids. But the only problem Ethereum is scalability, meaning what will happen when the protocol runs out of tasks to complete. This is the main topic for Ethereum at it's state right now. But all in all Ethereum is a great platform when it comes to digital currency today. watch this video for more information on this topic. As this is just an overview not my own opinion.

Best Regards Durian Walker

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