lessonΒ·15 minΒ·Chapter 1 of 3
Ethereum: The World Computer
Ethereum, proposed by Vitalik Buterin in 2013 and launched in 2015, extended blockchain beyond simple value transfer. It introduced smart contracts β self-executing programs that run on every node in the network. This makes Ethereum a 'world computer': a global, permissionless, censorship-resistant computing platform. Unlike Bitcoin's limited scripting, Ethereum's Solidity language is Turing-complete, enabling complex applications from DeFi protocols to NFT marketplaces to DAOs.
π‘ Key Takeaway
This lesson covers the fundamental concepts. Make sure you understand these before moving to the next chapter.