Well in the last thread of "WTF is" about ETHEREUM we said it pioneered the concept of a blockchain smart contract platform.
But have you ever wondered what is this "SMART CONTRACTS" is and what it does?
Lets dive into this "WTF is SMART CONTRACTS?" thread and learn more
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In simple words Smart contracts are translations of an agreement, including terms and conditions into a computational code.
- The term "SMART CONTRACT" was coined by a well-known computer scientist, law scholar & cryptographer Nick Szabo( @NickSzabo4 ) in early 1990's.
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Jan 20, 2022 • 15 tweets • 18 min read
Have you ever wondered "WTF is ETHEREUM" and why was it created?
Ether the native currecny of Ethereum blockchain is the second largest cryptocurrency in the market share after bitcoin.
I don't think i can complete about ethereum in one thread, Will do it in parts.
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In the previous "WTF is" threads i have explained about "Bitcoin" the first cryptocurrency ever created which inturn revolutionized the concept of underling technology "BLOCKCHAIN".
Have a look at that thread if you haven't till now at
👉bit.ly/WTFisBITCOIN
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Jan 19, 2022 • 39 tweets • 22 min read
Another day, another WTF is thread
In the last three threads we have seen about WEB3, BLOCKCHAIN and CRYPTOCURRECNY.
Today let's see about the the very first decentralized cryptocurrency ever created which is Bitcoin.
"WTF is BITCOIN?"
1/ @Bitcoin was introduced to address the root problem with conventional currency and the trust that is required to make it work.
You can read this thread to understand how currency evolved over time 👉 bit.ly/WTFisCRYPTOCUR…
In General trust make systems brittle.
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Jan 16, 2022 • 29 tweets • 17 min read
One fails forward toward success - Charles Kettering
WTF is web3?
If you are reading this then you are a already in web2. We have seen a lot of changes and explosive use of web in the recent years.
Forget about Bitcoin/Crypto/Blockchain untill the end of this thread
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INTERNET:
To have a good understanding of what web3 is we have to go back years where internet started with just a bunch of WIRES and NETWORK
In late 1960's:
- The ARPANET by research division of US Military
- Network is between University in UTAH and three nodes in California