Sunday, June 18, 2017

My initial understanding of Ethereum


After attending a Blockchain session in a tech event of the company I work for, I realized that Blockchain can bring a major change not just for business transactions, information technology, but the structure of our society, so I decided to do some reading.

It turns that Bitcoin really just represents the first generation of Blockchain. It is essentially a distributed application, besides facilitating transactions, it does have hard time to provide other values. Ethereum arguably became the best implementation of the seconde generation of Blockchain, and it provides easier ways to build smart contracts which are computer code that can facilitate the exchange of money, content, property, shares, or anything of value.

Here is a beginner guide for Enthereum, and another tutorial

Here is a hedge fund lives in Enthereum

Here is a guide to build Ethereum smart contract with visual studio

Regarding to current trend of Blockchain, it seems that one of focuses is performance, Dfinity is very interesting startup in this area.

I will keep updating the post while I read more about Blocchain and Ethereum

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