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Ethereum's CryptoEconomic Base LayerWhy is Ethereum so effective at being the #Blockchain for programmable money and business? Ethereum uses the concept of an #Account as its base unit. This decision allowed the Ethereum blockchain to have a Crypto-Economic System built in as a base layer!
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Raising capital is very difficult. Very few select people have access to these individuals with money. Even with access, it is highly unlikely to obtain the funds you are seeking without giving up massive amounts of ownership. Now with the advent of ICOs, Initial Coin Offerings, people regardless of skin color, religion, creed or geographical locat…
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Decentralized autonomous organizations, unstoppable applications, and more. We now have an evolutionary environment for AI which can manage it's own resources. The traditional banking system is scared, as is the monolithic insurance industry; they'll either get onboard with the public, open Blockchain or crumble under the weight of their own bureau…
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A supercomputer that's unstoppable. Decentralized. Global. Open. Has unbreakable security protected by the laws of thermodynamics. Backed by the most precious resource of all: time itself. Censorship resilient. They said it can't exist. Woops, #Ethereum forgot to ask permission.
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Bitcoin has not just been a trendsetter, ushering in a wave of cryptocurrencies built on decentralized Peer-to-Peer network, it’s become the de facto standard for cryptocurrencies. The currencies inspired by Bitcoin are collectively called AltCoins and have tried to present themselves as modified or improved versions of Bitcoin.…
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We don't know the true identity of Satoshi Nakamoto. Was he a good person? Bad person? How can we trust him? What if he is lying? As it turns out, his identity is irrelevant. We can independently verify the mathematical truths that underpin the operation of this technology.
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In Bitcoin, we refer to those that validate transactions and create bitcoin as 'miners'. In Blockchain and cryptocurrency, miners rely on computers and code as tools, and use electricity as fuel, or cost to mine. The Blockchain and the value of Bitcoin are backed by the laws of math and the most precious resource of all: TIME itself.…
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Why Blockchain? We Choose to Go to the Moon. Sound familiar? It should. Prior generations led the way. It's up to us in the #Blockchain space to keep moving innovation forward. Because the people who are crazy enough to think they can change the world, are the ones who do.
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#Blockchain Needs You to set an example for others about what’s possible.Pick Your industry. You get to DREAM about what this world will be. Right now, blockchain is still in hidden pockets of life, and has a barrier to entry. Let’s lower those barriers and empower ourselves in the new economy. So - Stay Motivated! Blockchain NEEDS You.#ByteSizeBlo…
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