Blockchain 2.0

Cryptocurrency, Ethereum, Smart Contracts, Blockchain, Distributed Applications

Transcript

1. Emanuel Mota - 1 March 2016
2. Cryptocurrency Blockchains and Ethereum
3. Goals i. Cryptocurrency ii. Blochain 1.0 iii. Blochain 2.0
4. Is this new to you?
5. Intro Decentralised Technologies Removing the middle-man Users interact directly with each other on a Global network
6. ✴ Ensure transparency and trust between all parties Decentralised applications ✴ Massively reduce costs and barriers to entry ✴ Remove single points of failure ✴ Prevent censorship
7. BitTorrent Bram Cohen invented the first DAPP File sharing protocol and network that allows anyone to share any kind of file with anyone Quick and easy April de 2001
8. BitCoin Satoshi Nakamoto created the Blockchain The blockchain, a sort of distributed database, was used to create Bitcoin the worlds first decentralised currency 2008
9. Goals i. Cryptocurrency ii. Blochain 1.0 iii. Blochain 2.0
10. Bitcoin Decentralised currencies allow people to send money instantly, anywhere around the world with no regard for national borders, at negligible fees
11. Bitcoin Market Cap: £ 4.8+ Billion Price: £ 315.46 Supply: 15+ Million
12. Bitcoin
13. Bitcoin
14. Goals i. Cryptocurrency ii. Blochain 1.0 iii. Blochain 2.0
15. The Byzantine Generals' Problem Consensus in the presence of uncertainties & Trust less networks
16. HOW DOES THIS WORK ?
18. is increasingly being used for: ✴ National remittances ✴ Micro payments ✴ Commerce online ✴ DAPPS for finance ✴ Cloudcomputing ✴ Messaging ✴ Distributed Governance Bitcoin
19. Goals i. Cryptocurrency ii. Blochain 1.0 iii. Blochain 2.0
20. Ethereum proposed by Vitalik Buterin on a white paper in late 2013 the network went live on 30 July 2015
21. ETHEREUM specifically designed for people to build DAPPS • (EVM) Ethereum decentralised virtual machine • Peer to Peer messaging • Generalised Blockchain with smart contract functionality • With a builtin programming language
22. Allow people to use the blockchain for any kind of decentralised application that they want to create!
23. decentralised financial applications that are fully trustworthy and transparent because they run on the blockchain Online cryptographically secure systems to manage property and contracts Social networking and messaging systems that allow users to maintain control of their own data Online Voting and Distributed governance Examples of DAPPS
24. Ethereum is a platform for innovation
25. Q.A. ? :)