ETC - 20/50 - Ethereum is a Sports Car, Ethereum Classic is an Armored Vehicle
Ethereum Classic (ETC) is a revolutionary technology for trust minimized money, property, and agreements. It has precedents in Bitcoin, which is the pioneer in blockchain technology, but adds the capability of programability to its monetary system. From how it works, to its philosophy and security, this series has all you need to understand, use, and invest in ETC.
Ethereum Classic (ETC) is a revolutionary technology for trust minimized money, property, and agreements. It has precedents in Bitcoin, which is the pioneer in blockchain technology, but adds the capability of programability to its monetary system. From how it works, to its philosophy and security, this series has all you need to understand, use, and invest in ETC.
Find this article here: https://etherplan.com/2019/08/14/ethereum-classic-opportunities/8614/
Find the entire article series here: https://etherplan.com/getting-started-with-ethereum-classic/
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https://www.youtube.com/watch?v=j5vbVNdG8Gg
Humanity scales and expands by building platforms, trust minimizing systems, dividing labour, reducing transaction costs, using the price system, and conducting commerce globally.
Blockchains are simply a continuation of that pattern, so we need to make sure we design their governance by understanding their underlying principles and maintaining their protocols according to those principles.
Credits and Suggested Reading:
- The idea of human scaling is an extension of the concept of social scalability by Nick Szabo (2017): http://unenumerated.blogspot.com/2017/02/money-blockchains-and-social-scalability.html
- The idea of trust minimization is an extension of "Trusted Third Parties are Security Holes" by Nick Szabo (2001): http://nakamotoinstitute.org/trusted-third-parties/
- The idea that social organizations, cities, corporations and organisms scale is from "The surprising math of cities and corporations" by Geoffrey West: https://www.ted.com/talks/geoffrey_west_the_surprising_math_of_cities_and_corporations
- The concept of division of labour: https://en.wikipedia.org/wiki/Division_of_labour
- The concept of transaction costs: https://en.wikipedia.org/wiki/Transaction_cost
- Relationship between the price system and local knowledge by Friedrich A. Hayek: http://www.econlib.org/library/Essays/hykKnw1.html
- Artifacts of wealth as archaic forms of money by Nick Szabo: http://unenumerated.blogspot.com/2016/07/artifacts-of-wealth-patterns-in_15.html
- Shelling Out: The Origins of Money by Nick Szabo: http://nakamotoinstitute.org/shelling-out/
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https://www.youtube.com/watch?v=DJCnUrrgKzs
MyEtherWallet (MEW) was the first consumer friendly interface that appeared when Ethereum was launched in 2015. It was, an still is, an incredibly useful tool for many technical and non-technical Ethereum users.
Kosala Hemachandra is the founder of the project and in this interview he talks about several aspects of the product and the company.
These are the topics we covered:
- What is your background?
- How did MyEtherWallet arise? What problem did it solve?
- How do people use it? Do they register?
- What are private and public keys?
- What are the sections of MyEtherWallet?
(i) New wallet
(ii) Send ether & tokens
(iii) Swap (exchange)
(iv) ENS (Ethereum Name Service)
(v) View wallet info
- What is the vision for the future?
- We left of a future interview these sections:
(i) Send off-line
(i) Contracts
(iii) Domain sale
(iv) Check TX status
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https://www.youtube.com/watch?v=9GQl-hAfCZ0
Due to central banking, fiat currency, and Keynesianism, money is broken. This is why Cypherpunks had, for decades, been researching for ways of delinking the capacity of creating money from technocrats and politicians, to minimize human agency risk, guaranteeing scarcity, but within global permissionless computing systems. The result was the creation of Bitcoin (BTC): A peer-to-peer, decentralized digital asset that is costly to create, durable, portable, divisible, fungible, and transferable over communication channels, which minimizes the dependence on trusted third parties. From how it works, to its philosophy and security, this series has all you need to understand, use, and invest in BTC.
You can find the original article here: https://etherplan.com/2015/06/08/coinbase-vs-bitcoin-core-vs-bitcoin-wallet-review-what-is-the-difference/4412/
The whole series is here: https://etherplan.com/getting-started-with-bitcoin/
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https://www.youtube.com/watch?v=OQ5GhD1emIw
Ethereum Classic (ETC) is a revolutionary technology for trust minimized money, property, and agreements. It has precedents in Bitcoin, which is the pioneer in blockchain technology, but adds the capability of programability to its monetary system. From how it works, to its philosophy and security, this series has all you need to understand, use, and invest in ETC.
Find this article here: https://etherplan.com/2020/01/28/the-ethereum-classic-ecosystem-explained/9680/
Find the entire article series here: https://etherplan.com/getting-started-with-ethereum-classic/
...
https://www.youtube.com/watch?v=T5jdNDoKLdM
Ethereum Classic (ETC) is a revolutionary technology for trust minimized money, property, and agreements. It has precedents in Bitcoin, which is the pioneer in blockchain technology, but adds the capability of programability to its monetary system. From how it works, to its philosophy and security, this series has all you need to understand, use, and invest in ETC.
Find this article here: https://etherplan.com/2019/07/23/ethereum-classic-vs-ethereum-2-0-what-is-the-difference/8425/
Find the entire article series here: https://etherplan.com/getting-started-with-ethereum-classic/
...
https://www.youtube.com/watch?v=HYWWWwLoLXM
Ethereum Classic (ETC) is a revolutionary technology for trust minimized money, property, and agreements. It has precedents in Bitcoin, which is the pioneer in blockchain technology, but adds the capability of programability to its monetary system. From how it works, to its philosophy and security, this series has all you need to understand, use, and invest in ETC.
Find this article here: https://etherplan.com/2020/03/21/why-proof-of-work-based-nakamoto-consensus-is-secure-and-complete/10509/
Find the entire article series here: https://etherplan.com/getting-started-with-ethereum-classic/
...
https://www.youtube.com/watch?v=iGC7rRn_AYI