Altcoins News

Story: Ethereum Technical Gibberish Making Things Hard to Wrap Around for Average Joe

By James Thorp

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There is an Ethereum Whiteboard Tuesday explanation that makes things easy for beginners trying to wrap their head around what Ethereum is all about.

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YouTube handle, 99Bitcoins gives a quick insight in to Ethereum like Bitcoin recap, Blockchain technology in a nutshell, what is Ethereum?

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One of the users stated that the explanation is an excellent video, which condenses all about ETH into less than 12 minutes, which is tough and must have been a lot of work.

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Some say they have learned more in 5 minutes watching the video than they did in a day on Google.  The videos many feel are clear and concise educative videos.

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Sample Explanation:  The answer to How Ethereum Works is particularly simple.  Ethereum’s code language solidity is used to write “Smart Contracts” that are the logic…

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This means that if there is a smart contract for paying rent, the landlord does not actively collect the money.  The contract itself knows if the money has been sent.

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However, smart contracts also have their downsides and more of such clear explanations are available!

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The easy to understand explanations are worth it.

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Meanwhile, Ethereum retweeted about a validator workshop.  Users learnt more about how to set up a validator. Thus, keeping Ethereum decentralized for years to come.

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This was a LIVE event where users were walked through how to set up and configure an ETH 2.0 Validator from a bare-metal configuration to a functioning ETH 2.0 Validator.

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