Jump to content

NEWS
  • WELCOME TO CRYPTOCURRENCYTALK!
  • We've upgraded the website with a lot of new features!
  • 3 NEW THEMES! Click on the + Themes button above!
  • Notice about SOCIAL LINKS: UPDATE YOUR SOCIAL LINKS
  • New video section, add your videos: VIDEO SECTION
  • Advertising will be available shortly, hold tight.
  • If you have any issues with the new site, please submit a support ticket: SUPPORT
Jimmy

Can Ethereum Restore Online Freedom & Transform the Internet?

Recommended Posts

Can Ethereum Restore Online Freedom & Transform the Internet?

 

"If you think the Internet has affected your life, Ethereum will have that same pervasive influence on our communications and our entire information infrastructure," says Joseph Lubin, who's the founder of the Brooklyn-based software-production studio ConsenSys. "It will impact every aspect of our existence."

 

ConsenSys, which employs 68 people in nine countries, is developing applications to run on this ambitious new computing platform.

 

On Ethereum, the same types of services offered by companies like Facebook, Google, Ebay, and Amazon, will be provided instead by computers distributed around the globe. But how does Ethereum bring together these scattered nodes into one network? By using the groundbreaking organizational system known as a blockchain, which The Economist has aptly dubbed "the trust machine."

 

It’s the same technology that makes possible peer-to-peer exchange of Bitcoins without a bank keeping track of who owns what. Ethereum is controlled by a different kind of blockchain that’s specifically designed to keep this decentralized network in sync, forming one powerful global computer that could one day match the capabilities of a Facebook or a Google.

 

To find out more about how Ethereum could transform the Internet, watch the story above.

 


CRYPTOCURRENCYTALK.COM

Discussing the world of cryptocoins and cryptocurrencies.

 

https://cryptocurrencytalk.com
Support:  https://cryptocurrencytalk.com/support/

Rules:  https://cryptocurrencytalk.com/guidelines/

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now


  • Recently Browsing   0 members

    No registered users viewing this page.

×

Important Information

By using CRYPTOCURRENCYTALK.COM, you agree to our Terms of Use.