31 upvotes, 4 direct replies (showing 4)
View submission: Introducing r/FortNiteBR Bricks
Whats Ethereum?
Comment by Crocu_Bot at 14/05/2020 at 06:40 UTC
31 upvotes, 5 direct replies
Ethereum is a global, decentralized platform for money and new kinds of applications. On Ethereum, you can write code that controls money, write smart contracts and build applications accessible anywhere in the world.
Bassically it is a world wide supercomputer.
Comment by sapphirefragment at 14/05/2020 at 14:02 UTC
4 upvotes, 1 direct replies
techbro snake oil
Comment by ethereumfail at 17/05/2020 at 13:13 UTC
2 upvotes, 1 direct replies
Ethereum is ONLY a literal scam pretending to be "like Bitcoin" - deception about decentralization and pretending to be a cryptocurrency for profit of central pre-miners that control their blockchain due to its terrible design no honest or rational developer would EVER choose
Ethereum is the exact and most extreme opposite of a cryptocurrency and decentralized tech, while pretending to be those things.
https://np.reddit.com/r/ethereumfraud/[1][2]
1: https://np.reddit.com/r/ethereumfraud/
2: https://np.reddit.com/r/ethereumfraud/
There is no such thing as intelligent people choosing a centralized blockchain like centralized Ethereum since then you're gaining nothing you couldn't get cheaper from something like google sheets. It's also famously called "chain of liars and thieves[3]"
3: https://medium.com/@WhalePanda/ethereum-chain-of-liars-thieves-b04aaa0762cb#.66xdzc8nd
Comment by Pasttuesday at 14/05/2020 at 18:51 UTC*
1 upvotes, 0 direct replies
Here's my explanation pertaining to bricks:
Ethereum is decentralized (meaning many people make sure it's operating honestly, and these people are all over the world). Without going into technicals just think it's the most secure way of recording something. (whereas facebook or google can change your data or lose it, or leak it, at will, with very little oversight)
This creates an environment where you can build things and know that everyone is acting honestly. So in this case, Reddit used Ethereum to build your brick token. Those more technically inclined can open up the hood and see where all the brick tokens are, who they're going to, and make sure none have been duplicated or copied. In addition, if you put your brick token into an online app on ethereum that tells you that itll give you 2 mortar tokens for every brick token you give it, plus an additional .001 mortar tokens for every brick given to it before you, (mortar tokens could be a different subreddit or something), you could also open up the hood and make sure you weren't cheated.
That's one implementation of ethereum, there are many others. Essentially, it's a network secured by cryptography.