How does Ethereum work, anyway?

In crypto, the price follows this weird (but structured) feedback loop where it actually increases the fundamental value by rising.The rising price creates more interest, which leads to new ideas, new startups, and new projects who ultimately feedback into a positive price again due to the innovation happening.


What´s a Blockchain? A virtual

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Bitcoin works by spreading the currency's entire history of transactions — the blockchain, it's called — out across the whole network of its users. Rather than just recording transactions, Ethereum's blockchain would be able record and execute any program you can code. Bitcoin is a pretty interesting fish, but Ethereum is poised to be the whole oce... See more

Ethereum is powered by a fungible token, ETH, which is used to incentivize the physical computers that underlie the system. ETH is also the system’s native currency for transactions, like NFT purchases.

Mining is designed to be a decentralized lottery. Each miner can create their own lottery ticket by creating a candidate block that includes the new transactions they want to mine plus some additional data fields. The miner inputs their candidate into a specially designed algorithm that scrambles (or “hashes”) the data, producing output that looks

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