Ethereum Networks thread.

Key concept: Ethereum is not a network, but a protocol that can be implemented to create different networks.

The most famous, mainnet (used for Ether, the cryptocurrency), is one of them.

What's the difference between Public and Private networks?
Table of Contents

- Intro
- Public and Private Networks
- Mainnet
- Testnet
- Testnet Faucets
- List of EVM networks
- Private Development Networks
- Private Consortium Networks
Intro

Ethereum is a protocol: there are many independent networks that implement this protocol

Networks are different Eth environments to:
- develop
- testing
- prod

Your account will work across the different networks but your balance/transaction history won't carry over.
Public & Private Networks

Public:
- accessible to anyone with an internet connection.
- anyone can read/create/validate transactions
- agreement on transactions/state is by a peers' consensus.

Private:
Nodes are NOT connected to a public network.

⚠Private is NOT secure.
PUBLIC NETWORKS

Mainnet
Mainnet is the primary public Ethereum production blockchain, where actual-value transactions occur on the distributed ledger.

When people and exchanges discuss ETH prices, they're talking about Mainnet ETH.
Testnets

They are networks to test protocol upgrades and smart contracts in a production-like environment before deployment to Mainnet.

Most projects have copies deployed to testnets to interact with.

Examples:
- Görli
- Kovan
- Rinkeby
- Ropsten
Testnet faucets

ETH on testnets has no real value, so there are some web apps that just provide some ETH to test functionalities:

Usually, you have to wait some minutes (hours) and you can't send multiple requests in the same day

Just google for your testnet + "faucet".
List of EVM Networks

Chainlist is a list of EVM networks. Users can use the information to connect their wallets and Web3 middleware providers to the appropriate Chain ID and Network ID to connect to the correct chain.
Development networks

To develop an Eth application, you'll want to run it on a private network to see how it works before deploying it.

And you can do that.

Think of this as when you build your site on localhost
Consortium networks

The consensus process is controlled by a pre-defined trusted set of nodes.

Example: private network of academic institutions:
- each governs a single node
- blocks are validated by a threshold of signatories.

Think of this as an intranet.
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More from @FrancescoCiull4

Jan 25
Ethereum Proof of Work thread.

Consensus (Key Concept): the fault-tolerant mechanism used to agree on account balances and the order of transactions.

The current consensus mechanism used by the Ethereum blockchain is proof of work.

Let's see the key concepts and pros/cons.

Image
📃Table of Contents

- Intro
- What is PoW
- PoW and Mining
- The work in PoW
- PoW and security
- 51% Rule
- PoW Finality
- PoW Energy USage
- Pow Pros
- PoW Cons
Intro

Ethereum uses a consensus protocol called Proof-of-work (PoW).

This allows the nodes of the Ethereum network to:
- agree on the state of the recorded info in the blockchain
- prevents some economic attacks.

In the future, it will be replaced with Proof-of-Stack.
Read 15 tweets
Jan 23
🔲Ethereum Nodes as a Service thread.

Yesterday we have seen how to spin up your won node.

But what if we don't have time to do that, or we want to rely on an existing infrastructure?

Many different services exist that can do this for us.

Let's see this in 1 min.
Ethereum node services
Table of Contents:

- Intro
- Most common features
- Pros of Node Services
- Cons of Node Services
- Popular Node Services
Intro

Running your own Ethereum node can be challenging.

This is especially true if you are new to the Web3 world.

Node services run optimized node infrastructures, so you can focus on developing the app itself.

⚠Node services should NEVER store your private keys/info.
Read 9 tweets
Jan 23
When I started my Twitter journey I had no idea I would have ever done a single euro online.

I was ver skeptic.

Then something changed...

come in this Twitter space by @eddiejaoude
today to know more

Bloopers thread below 👇

twitter.com/i/spaces/1dRKZ…
Blooper1... that was 5k of followers...
😂😂😂
Read 6 tweets
Jan 18
🔲DECENTRALIZED STORAGE thread

Many of us have an idea of ​​what a database is, but how do we behave when dealing with Ethereum?

We can use something called Decentralized Storage (dStorage for frens)

The good news is that Ethereum itself can be used as a DB.

but ...
Table of Contents

· Definition
· The Problem
· The solution
· Blockchain-based persistence
· Incentive structure
· Contract-based persistence
· Challenge mechanism
· Decentrality
· Consensus
· Tools

Definition

dStorage systems are p2p network of user-operators who hold just a portion of the overall data.

By doing so, they create a resilient file storage sharing system.

Two options.

dStorages can be:
- in a blockchain-based app.
- in a p2p network.
Read 14 tweets
Jan 17
I've dealt with a lot of negative comments in my life.

When I was a coach I had people yelling at me who didn't agree with my choices.

That's why IDGAF on a comment written by an anonymous user who hides behind a keyboard.

But someone does.

So I wrote 6 things FOR YOU.

1- Never take it personally:

Think they:

- had a bad day,
- just broke up.
- lost their job.
- had their car stolen
- had their house burned down

But don't take this as a direct attack on YOU. it's not about what you have done.
2- Responding is usually more harmful than ignoring.

This does not mean that we must passively accept any accusation, but probably answering it will only fuel discussions.

Also, there are people who like to argue all day long.
That's their hobby.
Read 8 tweets
Jan 17
🔲Block Explorers thread.

What is a Block Explorer?

TLDR:
an online tool that helps us to search for data about a blockchain. think it like Google for blockchain.

IN-DEPTH:
If you want to go more in detail, here is a thread based on Ethereum docs and other online sources

Table of Contents

· Definition
· Block Explorer Examples
· Why
· How to use Block Explorers
· Ethereum transparency
· Blocks Standard data
· Blocks Advanced data
· Uncle blocks
· Gas
· Txn Standard Data
· Txn Advanced Data
· User Accounts
· Smart Contracts
· Tokens
· Network

Definition

Block explorers are like a search engine for a blockchain.

They provide insight into every blockchain's aspect, by enabling to search for real-time and historical information about a blockchain, for example:
- transactions.
- addresses.
- data related to blocks.
Read 20 tweets

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