Ethereum Will Be Internet 3.0

in #cryptocurrency8 years ago (edited)

When the internet began people did not know what it was about. Tech enthusiasts did. Like the CEO of Microsoft Bill Gates could see the future. Then the age of email. No one understood it. But yet it took over mail. Then social media became into existence. Now all media including the President Of The United States uses it and he is 70 years old!

But no one could profit from those OLD technologies. Now you can. The next tech in the future is a block chain technology. It is decentralized. No CEO is in charge. Every person on the block chain owns it and profits from it. Not just the ones on top.

Bitcoin was the first to make this possible. It was the first. It made it possible for expansion of the Internet. It made us free!

Now there is a new block chain technology and is called Ethereum. It allows the use of a decentralized block chain to make software that is owned by nobody except US! No more Youtube blocking your content because you are controversial. No more twitter censoring your content. You can post Free and Clear of censorship. Not only that but you are a share holder every time you use any app or social network and you will make money!

The creator of this coin is the one whom created

Torents.... Vitalik Buterin

And here is a programmer explaining Ethereum:

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Actually, Ethereum is not internet 3.0. Ethereum is a "virtual machine" running on a "virtual chains" ecosystem within the internet. The better analogy I have heard is that Ethereum is like Linux. We are still waiting for the "TCIP" equivalent which will link all the different blockchains together and allow seamless communications between Bitcoin, Ethereum, etc.

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