How it works:

• 🙂 Ethereum for Dummies by Vaibhav Saini

• 😁 EthSpring guide by gupsheep et al.

  <aside> 👍🏻 HIGHLY recommend a read of its Introduction section before going on to the rest of the page.

  </aside>

• How does Ethereum work, anyway? by Preethi Kasireddy

• Official Ethereum documentation

Articles:

• A Guide to Understanding ETH as an Investment by Celia Wan
• The Most Important Scarce Resource is Legitimacy by Vitalik Buterin

Books:

• Mastering Ethereum by Andreas M. Antonopoulos, Gavin Wood
• The Infinite Machine (2020) by Camila Russo

What is Ethereum?

Ethereum is an open-sourced, decentralized blockchain with smart contract capabilities. In other words, it is a distributed applications platform.

Invented in 2013 by programmer Vitalik Buterin, Ethereum was developed to augment and improve on ‣ , by introducing smart contract capabilities. With smart contracts, there is an endless possibilities of decentralized applications that can be built on the Ethereum blockchain. These applications range from NFTs (‣) to ‣ to ‣ protocols.

Ethereum's goal is to become the world computer: a single, composable, open, permissionless state machine that could run trust-minimized code. Ethereum brings about a new internet paradigm, by being the base layer of support to decentralized applications that aren’t under the control of 3rd party entities.

Important Concepts

Smart Contracts

Smart contracts are computer programs on a blockchain that automatically execute, without the need for a trusted intermediary, when specific conditions are met.

Smart Contracts = Trustless Contracts

Smart contracts have been used on Ethereum for various use cases, from issuing ICO tokens, to ‣ (NFTs), to creating entire ‣ (DAOs).