Episode 8: Coins vs. tokens, and some real Ethereum use cases—oracles and DEX’s
Aug 29, 2021 ·
23m 1s
- What can Ethereum actually do beyond just act as money? - Summarizing five major categories of Ethereum dapps (decentralized apps) - Ethereum use case #1: oracles, for pulling in...
show more
- What can Ethereum actually do beyond just act as money?
- Summarizing five major categories of Ethereum dapps (decentralized apps)
- Ethereum use case #1: oracles, for pulling in information from outside the blockchain. And, how oracles know which sources to trust, and how that's very different from traditional apps
- The difference between tokens and coins, ERC-20 tokens, and wrapping your head around the fact that Ethereum tokens are both cryptocurrencies as well as the actual things that keep apps and protocols running
- Ethereum use case #2: DEX's, for exchanging one coin or token for another. And, the difference between DEX's and CEX's
-----
The corresponding blog post with links and images:
https://www.michaelcaloz.com/2021/06/12/cryptocurrency-part-8-coins-vs-tokens-and-some-real-ethereum-use-cases-oracles-and-dexs/
show less
- Summarizing five major categories of Ethereum dapps (decentralized apps)
- Ethereum use case #1: oracles, for pulling in information from outside the blockchain. And, how oracles know which sources to trust, and how that's very different from traditional apps
- The difference between tokens and coins, ERC-20 tokens, and wrapping your head around the fact that Ethereum tokens are both cryptocurrencies as well as the actual things that keep apps and protocols running
- Ethereum use case #2: DEX's, for exchanging one coin or token for another. And, the difference between DEX's and CEX's
-----
The corresponding blog post with links and images:
https://www.michaelcaloz.com/2021/06/12/cryptocurrency-part-8-coins-vs-tokens-and-some-real-ethereum-use-cases-oracles-and-dexs/
Information
| Author | Michael Caloz |
| Website | - |
| Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
