Ethereum Part 2

We only scratched the surface of what Ethereum is all about in the last episode, so it’s time to dive deeper. Last week was mostly about the early history of Ethereum and the colourful characters who came together to create it. Before we pick up that thread though, it’s worth taking a look at what Ethereum makes possible.

 

It’s no exaggeration to say that the cryptocurrency space has been transformed almost beyond recognition thanks to Ethereum. From tokens to NFTs to decentralised finance and more, Ethereum opened up a world of possibilities and established itself as one of the structural pillars of cryptocurrency.

 

So in this episode, we’ll explore a few of the things Ethereum has pioneered, and how they have grown into fully-fledged sub-sectors of the wider cryptocurrency industry. Then, we’ll carry on looking at the history of the Ethereum project and delve into one of its most challenging episodes. As ever, there’s a lot to discover.

 

As with the last episode, the two books on Ethereum by Camila Russo and Laura Shin are bith excellent reads and well worth checking out:

 

The Infinite Machine (2020) by Camila Russo 

The Cryptopians: Idealism, Greed, Lies and the Making of the First Big Cryptocurrency Craze (2022) by Laura Shin

 

*Side note: when we talk about gas fees, Guy mentions that they can run into the hundreds of dollars. This is an understatement. Gas fees can run into the thousands and reach some truly eye-watering sums. It’s just that Guy himself is far too penny-pinching to even countenance paying such a price.

 

We hope you enjoy the show.

 

Producer for iHeart Media: Noel Brown

Editor: Sam Moult

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