What is Ethereum? Ethereum Explained For Beginners! Cryptocurrency For Beginners 2021
ETH (Ether) is Ethereum's cryptocurrency. ETH for Beginners covers the basics of Ethereum, Ethereum's cryptocurrency Ether (ETH), Ethereum's blockchain, smart contracts, decentralised apps, reasons to buy Ethereum, what makes the price of Ethereum move, and how to buy Ethereum. If you need an explanation of ETH for beginners or a quick refresher on Ethereum and ETH, this video is for you. A comparison of Ethereum vs Bitcoin is also included as they are the two biggest and most popular cryptocurrencies at this point. By the end of the video, you will know that if anyone ever asks you "What is Ethereum?" or "Can you explain ETH to a complete beginner?", you'll have a couple of things to say 🤓
➤ DISCLAIMER: This is not financial advice, just my own opinion. You should always do your research before you invest.
➤ Links used in this video:
What is Ethereum: https://www.bitdegree.org/crypto/what...
What is a smart contract: https://www.bitdegree.org/crypto/tuto...
What is a dApp: https://www.bitdegree.org/crypto/tuto...
Ethereum supply: https://coinguides.org/ethereum-suppl...
Avg. Transaction fee chart: https://bitinfocharts.com/comparison/...
Ethereum Transactions per Second: https://blockchair.com/ethereum/chart...
Bitcoin Transactions per Second: https://blockchair.com/bitcoin/charts...
The Network Effect (Investopedia): https://www.investopedia.com/terms/n/...
Vitalik Buterin explains Ethereum: • Vitalik Buterin explains Ethereum
dApps and some examples: https://blog.liquid.com/what-are-dapp...
➤ Timestamps:
0:00 - Introduction
0:17 - What is Ethereum?
0:43 - Smart contracts
1:31 - Decentralised apps (dApss)
2:07 - Ethereum's blockchain
2:55 - Advantages of Ethereum
3:18 - Drawbacks of Ethereum
4:21 - Why buy Ethereum?
4:51 - Why has Ethereum gone up in price?
6:13 - How to buy Ethereum?
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➤ Check out my “Investing for Beginners” playlist: • Investing for Beginners
➤ Check out my "2021 Stock Picks by the Newbie Investor" playlist: • 2021 Stock Picks by the Newbie Investor
➤ Check out my "Cryptocurrency for Beginners 2021" playlist: • Video
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