Learn more about economics with this collection
How to make rational decisions
The role of biases in decision-making
The impact of social norms on decision-making
On blockchain as a ‘world computer’
- A Blockchain, as a whole, functions like a computer. It has a hard drive and stores on it what all the accounts are.
- It stores the code of all the smart contracts, and what the memory of all the smart contracts are. It accepts incoming instructions that are signed transactions sent by many different users and process them based on a set of rules.
- On a Blockchain, you can build anything you can build on a computer. But it also provides additional trust guarantees that the computer will run in the way you expect it to run.
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MORE IDEAS ON THIS
On future breakthroughs
Scalability can increase the capacity of Ethereum blockchain and become substantially cheaper and more ready for mainstream use.
User experience could be another breakthrough in terms of using the blockchain, not being as clunky and security.
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Vitalik Buterin
Vitalik Buterin is the founder and chief scientist at Ethereum. He discusses the nascent field of Cryptoeconomics, the best analogy for understanding the Blockchain, why belief in progress is our most useful delusion.
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On Ethereum community
There are different circles in the Ethereum community, some overlapping, some not.
You could be a full-time employee of the Ethereum Foundation or its outpost in Singapore. You could be a groupie, someone who has intellectual ideas and hangs out with us. You could be part of Ethereum while...
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Related collections
Other curated ideas on this topic:
A world computer & a settlement layer
Ethereum is a “world computer”: It lets people build apps & products with money baked into the code. If you believe that web3 is going to continue to grow, then you likely believe that over time,
Ethereum will become the “settlement layer” of the in...
Attend social functions with a smile on your face
Sometimes we don't have it in us to go to that work event we're told to go to but think about it this way, the more frequently people see you during these social functions with a smile on your face the more you show how committed you are to the team for the long run.
Bitcoin Has a 50/50 Chance At Surviving
Bitcoin has a first-mover advantage. It's the first of its kind and dominates the global market share. However, it also suffers from significant flaws that could kill it.
It's the Model T of the blockchain revolution.
- It has no built-in governance. To change it, a proposal shoul...
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