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 Forum index » Advanced Topics » Additional Software (PETs, n' stuff) » REQUESTS
What's this Ethereum?
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Lobster
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Joined: 04 May 2005
Posts: 15237
Location: Paradox Realm

PostPosted: Sun 30 Apr 2017, 02:53    Post subject:  What's this Ethereum?
Subject description: We are Puppy
 

Who has installed, understood or used Ethereum? Very Happy

Me neither. Embarassed

However Puppy is an emergent doacracy
http://puppylinux.org/wikka/FrequentlyAskedQuestions

What can be done?
https://www.ethereum.org/

How to install
https://github.com/ethereum/go-ethereum/wiki/Building-Ethereum

So what is Ethereum exactly?
Don't know and neither does anyone else from what I have understood (or not really understood . . . Embarassed) Read some tutorials, watched some nerdy YouTube stuff. Heard some stuff about 'blockchains' and open source internet. It seems to start with but potentially go beyond the current currency schemes such as 'Bitcoin'

... so I don't know what it is but I want one Shocked Laughing
This javascript version is probably not yet for me . .
https://github.com/ethereumjs/ethereumjs-lib

Bring out the smartdogs.

Guys can you:
- install on Puppy, preferably Slacko64
- document for us slow dawgs - I can just about install Chromium which is one way in
- install the command line tools - yep gonna try that first. First gotta take my vitamins from you Puppy Vets ... Cool

Interweb. The Final Frontier. We are Puppy, Boldly going where no small canine has gone before ....
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musher0


Joined: 04 Jan 2009
Posts: 11508
Location: Gatineau (Qc), Canada

PostPosted: Sun 30 Apr 2017, 07:48    Post subject:  

HI Lobster.

I don't know, I think I should stay away from this Ethereum.

It looks like BitCoin, and it offers a robot to run your business
-- from what my weak feeble mind could gather on their site.

I'm not reassured... Good luck, though.

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« Il ne faut pas multiplier les entités logiques sans nécessité. » (Ockham)
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tallboy


Joined: 21 Sep 2010
Posts: 856
Location: Oslo, Norway

PostPosted: Sun 30 Apr 2017, 10:17    Post subject:  

Quote:
So what is Ethereum exactly?


It's a glimpse into what Internet was meant to be, or could have been.

https://en.wikipedia.org/wiki/Blockchain
https://en.wikipedia.org/wiki/Git

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Sylvander

Joined: 15 Dec 2008
Posts: 4314
Location: West Lothian, Scotland, UK

PostPosted: Tue 02 Jan 2018, 08:33    Post subject:  

My understanding is that Etherium is a well recommended Cryptocurrency second only to the number-1=Bitcoin.
Hence, it appears to be worth buying Bitcoin and/or Etherium.
Search for it on youtube.
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8Geee


Joined: 12 May 2008
Posts: 1342
Location: N.E. USA

PostPosted: Tue 02 Jan 2018, 10:32    Post subject:  

Since it is crypto-currency, it is ultimately an intangible and thus fiat.

A dollar, or GBP, or Euro or Yen, or Yuan is a tangible thing that one can put in one's pocket, or retrieve using a plastic card. Since such currencies are based upon the Economy (work producing tangible product or intangible service) these currencies are at least partially fiat. Currencies based upon the worth of a tangible item such as Gold, Silver, Copper, etc are not fiat. The British Pound-Sterling is a good example, as is any precious metal denominated in a currency.

Ethereum, Bitcoin, et al are based upon energy expended to do cryptographic work like Block Chain work. Right now there is very little in the way of tangible BitCoins that can be put in ones pocket, but it does exist. Generally speaking, I have only heard of unit bitcoins (value about US$14,000) but have not seen fractional coinage (centi, milli, and micro have been disccussed). As far as other crypto-currency, I have not seen a tangible representation officially "minted".

JMH microBC
8Geee

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