Published on February 2nd, 2015 | by Donald McIntyre0
Ethereum Explained With Vitalik Buterin Inventor And Leader Of The Ethereum Project
Since the Bitcoin network started, Satoshi Nakamoto, its inventor, had the vision that it would not only serve as a system to store and transfer money, but it would also be a platform for smart contracts and smart property.
Six years later there have been many attempts to implement these ideas, but Bitcoin is still a blockchain with its first application, the currency, and little has been accomplished with respect to “smartness”.
Among several projects competing to solve this is Vitalik Buterin’s Ethereum, a new blockchain that is fully programmable and has several features that promise not only an effective implementation of smart contracts and property, but also decentralized applications (dapp’s) and decentralized autonomous organizations (dao’s).
In the above video I interview Vitalik Buterin and I ask him about Ethereum, how it works, and its different components.