Tuesday, June 13, 2017

What Is Ethereum? I'm Answering This Burning Question





What Is Ethereum?

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http://coindesk.com

Whats good folks its yah boy Devaughn back again with another video

and today we are discussing what is Ethereum and should you invest in it

so you know the deal lets go!!



Before we get started with the video

I want to say this information was cuerated from a website

called coindesk.com so go ahead and check out the full blog post there

And don't forget to subscribe to my channel





Now back to the subject What is Ethereum?

Well ethereum wants to be a 'World Computer' that would decentralize the existing client-server model.



With ethereum, servers and clouds are replaced by thousands of so-called "nodes"

run by volunteers from across the globe basically forming a "world computer".



The vision is that ethereum would enable this same functionality to people anywhere around the world,

enabling them to compete to offer services on top of this infrastructure.



Ethereum, if all goes according to plan,

would return control of the data in these types of services to its owner

and the creative rights to its author.



The idea is that one entity will no longer have control over your notes

and that no one could suddenly ban the app itself,

temporarily taking all of your notebooks offline.

Only the user can make changes, not any other entity.



In theory, it combines the control that people had over their information

in the past with the easy-to-access information that we’re used to in the digital age.

Each time you save edits, or add or delete notes, every node on the network makes the change.



Thats basically wht Ethereum is.

Its not a coin or anything like that

Its basically the technollogy that the new cryptocurrency is built on.



I know its crazy but if you want to learn more about

cryptcurrency and how to actualy trade and make money with cryptocurrency

then go ahead and click the link below



Thanks for watching

Its your boy DeVaughn signing off for What is Ethereum

and how can you use it.

Do remember

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