Category Archives: Ethereum

What Is The Difference Between Ethereum Vs. NXT Or Any Other Alt Coin?

In this 6th and last video interview with Vitalik Buterin (one of the co-founders of Ethereum (ETH)) at the first Texas Bitcoin Conference held in south Austin, we talk about about the differences between  Ethereum and other alt coins such as NXT.

We want to know:

  • What makes Ethereum different from Bitcoin?
  • What makes Ethereum different from alt coins that are copy cats of Bitcoinn?
  • What makes Ethereum different from other 2nd generation alt coins such as NXT?
  • Why can’t Bitcoin create it’s own turing complete scripting language like Ethereum?
  • What prevents other 2nd generation alt coins like NXT from creating it’s own turing complete scripting language as well?
  • What prevents other people from creating copy cats of Ethereum when it becomes open source?
  • Etc.

I hope these series of videos about Ethereum will help you make a better and informed decision whether or not to invest in Ethereum

Here is video interview (6 of 6) with Vitalik conducted by myself, Leon Fu, and James D’Angelo from the World Bitcoin Network:

Continue reading What Is The Difference Between Ethereum Vs. NXT Or Any Other Alt Coin?

What is Ethereum (ETH) Mining?

In this 5th video interview with Vitalik Buterin (one of the co-founders of Ethereum (ETH)) at the first Texas Bitcoin Conference held in south Austin, we talk about mining Ethereum with Vitalik.

In Bitcoin, “mining” serves 3 distinct purposes:

  • To PROCESS Bitcoin transactions.
  • To SECURE the Bitcoin network/protocol.
  • To MINT new Bitcoins.

Many people in the competitive cryptocurrency market are attracted to mining so being able to mine a coin can attract lots of new users and adopters of Ethereum.

Therefore, we want to ask Vitalik:

  • Is there any mining involved in Ethereum?
  • Who can participate in the mining process?
  • Is Ethereum ASIC resistant?
  • What prevents Ethereum mining from becoming centralized like Bitcoin?
  • What is unique and different about Ethereum mining?
  • Etc.

I hope these series of videos about Ethereum will help you make a better and informed decision whether or not to invest in Ethereum.

Here is video interview (5 of 6) with Vitalik conducted by myself, Leon Fu, and James D’Angelo from the World Bitcoin Network:

Continue reading What is Ethereum (ETH) Mining?

Can You Trust The Ethereum Team?

When I invest into an alt coin I really do not care about their technological advancements or features.  What’s important to me are the people involved in developing the alt coin and the marketing the have behind the new coin.

The questions I like to ask myself include:

  • Can I trust the alt coin developers?
  • Are the going to run off with my money?
  • Do they have the talent to do what they claim they want to do?
  • What are their experiences in cryptocurrencies?
  • Who is doing their marketing?
  • Lastly, what is their technological edge or advantage?

These are some of the questions that my friends and I like to consider before we put our hard earned money into a risky new cryptocurrency other then Bitcoin.

In this 4th video interview with Vitalik Buterin (one of the co-founders of Ethereum (ETH)) at the first Texas Bitcoin Conference held in south Austin, I will hammer Vitalik with some tough questions on why potential investors should trust him and his Ethereum team members to not run off with everyone’s money.

Here is video interview (4 of 6) with Vitalik conducted by myself, Leon Fu, and James D’Angelo from the World Bitcoin Network:

Afterwards, I will also drill Vitalik about his background and experiences in cryptocurrencies to see if he has the computer science and coding skills that is required to make the Ethereum project successful. Continue reading Can You Trust The Ethereum Team?

Is Goldman Sachs Involved In Ethereum (ETH)?

There are plenty of juicy rumors on Main Street, in forums, and in the media that Goldman Sachs is the puppet master behind the creation, organization and launch of Ethereum.

Is this true?

Will you still invest in Ethereum if you find out that Ethereum is the product of Goldman Sachs?

Let’s find out, because I want to know the truth as well before I put any money into Ethereum.

In this 3rd video interview with Vitalik Buterin (one of the co-founders of Ethereum (ETH)) at the first Texas Bitcoin Conference held in south Austin, we ask Vitalik for the truth about Goldman Sachs’ involvement with Ethereum.

Here is video interview (3 of 6) with Vitalik conducted by myself, Leon Fu, and James D’Angelo from the World Bitcoin Network:

Bitcoin and cryptocurrencies represent freedom.

They were designed to take power away from the 1% on Wall Street and give it back to the 99% of the people on Main Street. Continue reading Is Goldman Sachs Involved In Ethereum (ETH)?

How & Why You Should Invest In Ethereum?

In this 2nd video interview with Vitalik Buterin (one of the co-founders of Ethereum (ETH)) at the first Texas Bitcoin Conference held in south Austin, we ask Vitalik how and why the public should invest in Ethereum.

From an investors’ perspective, we want to know:

  • How the ethers (unit of currency used inside the Ethereum network) will be distributed.
  • How many ethers will be available?
  • How will the ethers be distributed fairly?
  • What is the launch window for the sale of ethers?
  • How many ethers will an investor get for each Bitcoin they put in?
  • How will the ethers be used to develop Ethereum?
  • Etc.

I hope these series of videos about Ethereum will help you make a better and informed decision whether or not to invest in Ethereum.

Here is video interview (2 of 6) with Vitalik conducted by myself, Leon Fu, and James D’Angelo from the World Bitcoin Network:

Here is the interview we did with Vitalik: Continue reading How & Why You Should Invest In Ethereum?

What Is Ethereum (ETH)?

Leon and I wanted to be a part of Bitcoin history and decided to attend the first Texas Bitcoin Conference held in south Austin.

Austin is the capital city of Texas for any readers who are not familiar with the state of Texas.

One of our goals at the conference was to meet and interview Vitalik Buterin, one of the co-founders of Ethereum (ETH), to get a better understanding of this new alternative currency, protocol and scripting language before we invest money into it.

I’ve seen a lot of videos about Ethereum online but they are too technical for the non-technical people like myself.

As an investor, I just want to know if it’s worth my time and money to invest in Ethereum or not.

Here is video interview (1 of 6) with Vitalik conducted by myself, Leon Fu, and James D’Angelo from the World Bitcoin Network:

My friends and I approached Vitalik at the first Texas Bitcoin Conference to ask him some questions to help us determine whether or not we should invest into Ethereum when they launch. Continue reading What Is Ethereum (ETH)?