๐Ÿ’Ž My crypto friends keep telling me to buy ETH, does it do all this?

So we've already discussed how a blockchain is an open-source ledger that stores data in an encrypted and decentralized manner. We've also gone over some of the use cases of a blockchain, including smart contracts.

This is where Ethereum comes in.

Ethereum is a general-purpose blockchain that allows developers to easily create and run smart contracts. Creating smart contracts requires the use of Solidity, which is Ethereum's native programming language.

In other words, you can think of Ethereum as a large decentralized supercomputer that provides the infrastructure on top of which all kinds of decentralized apps can run. So everything we've discussed before, including DAOs, NFTs and DeFi, can be coded to run on the Ethereum blockchain.

Its general-purpose nature has seen it become the preferred blockchain for most web3 developers. Indeed, its token ETH has the second-largest market capitalisation after Bitcoin.

Learn about Ethereum and how it works using the resources below!

Here's a video to get you going

Here's an article for a complete deep dive

You can't go long without Crypto Twitter


If you have any doubts related to this topic or you have a suggestion, feel free to create an issue here.

If you want to make edits to this topic or update the topic, please click on the "Edit on Github" link you see on the top below the title, make the changes and create a pull request to the master branch. One of the moderators will look at your changes & merge your changes if all looks good.

And yes, if you update anything on this topic, don't forget to add your GitHub username to the contributors' list!

Have a happy learning! โœŒ๏ธ