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<!doctype html>
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<head>
<meta charset="utf-8">
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<title>WTF is Ethereum?</title>
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<div id="content">
<div class="header">
<h1 id="main-title"><a href="https://youtu.be/jPLKXEUm0jE" data-lity>What The Fuck Is</a> Ethereum?</h1>
</div>
<p>TLDR: <a href="http://ethereum.org" target="blank">Etherum</a> is a <i>computing platform</i> running on computers all over the world. To run programs on the network you pay <a href="https://ethereum.org/ether">Ether</a> (<a href="https://poloniex.com/exchange#usdt_eth">ETH</a>); you can program on the Ethereum network using a language named <a href="https://solidity.readthedocs.io/en/develop/">Solidity</a>. If <i>anyone</i> talks about Ethereum or ETH, you should contexualize the information against their vested interest in the technology/currency (my wallet is here: )</p>
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<div id="select-container">
<label for="audience_select">Ok now, explain it like</label>
<select id="audience-select">
<option value="five">I'm five</option>
<option value="visual-learner">I'm a visual learner</option>
<option value="podcast">I like podcasts</option>
<option value="scammer">I'm a scammer</option>
<option value="average-joe">I'm an average person just trying to get by in lyfe</option>
<option value="entreprenuer">I'm an entreprenuer</option>
<option value="artist">I'm an artist</option>
<option value="scientist">I'm a scientist</option>
<option value="insufferable-nerd">I'm an insufferable nerd</option>
<option value="philosopher">I'm a stoner/wanna be philosopher</option>
<option value="investor">I want to make a buck investing</option>
<option value="grandma">I'm a grandma</option>
<option value="rational-skeptic">I'm a rational skeptic</option>
</select>
</div>
<div id="explinations">
<!-- I'm five -->
<div id="five">
<div class="reddit-embed" data-embed-media="www.redditmedia.com" data-embed-parent="false" data-embed-live="false" data-embed-uuid="8480accb-230e-4b5c-9002-5d5563d5686b" data-embed-created="2017-06-21T01:40:47.986Z"><a href="https://www.reddit.com/r/ethereum/comments/41y8by/the_best_way_i_can_eli5_ethereum_to_someone/cz6boam/">Comment</a> from discussion <a href="https://www.reddit.com/r/ethereum/comments/41y8by/the_best_way_i_can_eli5_ethereum_to_someone/">The best way I can "ELI5" Ethereum to someone</a>.</div><script async src="https://www.redditstatic.com/comment-embed.js"></script>
</div>
<!-- I'm an visual learner -->
<div id="visual-learner" class="hidden">
<iframe width="560" height="315" src="https://www.youtube.com/embed/j23HnORQXvs" frameborder="0" allowfullscreen></iframe>
<iframe width="560" height="315" src="https://www.youtube.com/embed/TDGq4aeevgY" frameborder="0" allowfullscreen></iframe>
</div>
<!-- I'm an scammer -->
<div id="scammer" class="hidden">
<h2>An unregulated, global financial market with a $32M USD market cap, yes please!</h2>
<p>So, first-off let's talk about ponzie schemes. Some researchers from Cornell University did <a href="https://arxiv.org/pdf/1703.03779.pdf" target="blank">extensive research</a> to discover, classify, and analyize ponzi schemes running on the the Ethereum platform. Their findings can be summarized as such: those participating in the ponzi schemes were <a href="https://forum.ethereum.org/discussion/4632/introducing-dynamic-pyramid-3x-1-2x-payouts-verified-contract" target="blank">doing so</a> <a href="https://ponzico.win" target="blank">knowningly</a>.</p>
<blockquote>
Still, it is foreseeable that, as Ethereum consolidates its position as a platform for smart contracts and as a cryptocurrency, criminals will exploit it to host their scams. Besides the growth of traditional Ponzi schemes accepting ether38, we expect a second wave of Ponzi schemes, but very likely they will be less recognizable as such than the ones collected in this survey. For instance, they could mix multi-level marketing, token sales, and games, to realize complex smart contracts, which would be very hard to correctly classify as Ponzi schemes or legit investments39.
<br/><br/>
Our analysis suggests that there is still time to devise suitable policy interventions, and provides a first understanding of the issues that must be tackled in this direction.
</blockquote>
</div>
<!-- I'm an average joe -->
<div id="average-joe" class="hidden">
<h2>So, you heard about Ethereum and you want to know more.</h2>
<p>Great, now don't be scared by all of the jargon! Here are a few key words to get you started.</p>
<ul>
<li><b>Decentralized</b> - computers distributed all over the world, working together autonomously, if half of the comptuers are turned off, the other half will continue operating as if nothing happened.
<li><b>Cryptocurrency</b> - a kind of money that derrives it's value from having computers do hard math problems and then telling the other computers in the network about it's solution.</li>
<li><b>Computing Platform</b> - this is a fancy way of saying a distributed network of computers</li>
</ul>
</div>
<!-- I'm an entreprenuer -->
<div id="entreprenuer" class="hidden">
<h2>So, you heard about Ethereum and you want to know more.</h2>
<p>Great, now don't be scared by all of the jargon! Here are a few key words to get you started.</p>
<ul>
<li><b>Decentralized</b> - computers distributed all over the world, working together autonomously, if half of the comptuers are turned off, the other half will continue operating as if nothing happened.
<li><b>Cryptocurrency</b> - a kind of money that derrives it's value from having computers do hard math problems and then telling the other computers in the network about it's solution.</li>
<li><b>Computing Platform</b> - this is a fancy way of saying a distributed network of computers</li>
</ul>
</div>
<!-- I'm an artist -->
<div id="artist" class="hidden">
<h2>Ethereum as an Artistic Medium</h2>
<p>
<img src="img/data-art.png" alt="Ether Art"/>
</p>
</div>
<!-- I'm an scientist -->
<div id="scientist" class="hidden">
<h2>Ethereum as an artistic Medium</h2>
<p>Theoretically something like <a href="http://folding.stanford.edu/" target="blank">Folding at Home</a> could be done on the Ethereum network using a platform like <a href="https://golem.network/" target="blank">Golem</a></p>
</div>
<!-- I'm an insufferable-nerd -->
<div id="insufferable-nerd" >
</div>
<!-- I'm an investor -->
<div id="philosopher" class="hidden">
<a href="https://steemit.com/ethereum/@rebelskum/explain-ethereum-like-i-m-a-stoner-wanna-be-philosopher">Coming soon from Ryan Zimmerman</a>
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<!-- I'm an investor -->
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<!-- I'm an rational-skeptic -->
<div id="grandma" class="hidden">
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<!-- I'm an rational-skeptic -->
<div id="rational-skeptic" class="hidden">
Inflationary currencies are inherintly
</div>
<div id="podcast" class="hidden">
<p>Hopefully you like Tim Terris—if you have reservations about his ideology, note this: in this podcast he speaks asks some pretty simple questions to both <a href="https://twitter.com/nickszabo4" target="blank">Nick Szabo</a> (an academic) and <a href="https://angel.co/naval" target="blank">Naval Ravikant</a> (an investor).
</p>
<audio controls>
<source src="http://traffic.libsyn.com/timferriss/The_Tim_Ferriss_Show_-_Nick_Szabo.mp3" type="audio/mp3">
Your browser does not support the audio element.
</audio>
<p>
The questions they cover in the episode are the following:
<p>
<ul>
<li>What is Bitcoin, what are cryptocurrencies, and what problem do they solve?</li>
<li>What is "social scalability?"</li>
<li>What is Ethereum and what makes it unique? Strengths and weaknesses?</li>
<li>How will smart contracts actually get adopted or go mainstream?</li>
<li>What are ICOs (Initial Coin Offerings)?</li>
<li>Blockchain governance — is there any existential risk?</li>
<li>"Wet" versus "dry" code</li>
<li>Pascal’s scams</li>
<li>Quantum thought</li>
<li>What fields will you be working on in the future?</li>
</ul>
</div>
</div>
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<a href="http://whatthefuckisethereum.com">WhatTheFuckIsEthereum.com</a>
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This website is not owned by or affiliated with <a href="https://entethalliance.org/" target="blank">The Ethereum Alliance</a>
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