Ethereum

Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It's like if Bitcoin and AWS had a baby that was raised by a bunch of crypto-anarchists who believe in the power of decentralization and trustless systems.

How to use it in a sentence

  • Did you hear about the new Ethereum-based DeFi protocol that promises to disrupt the traditional banking system? I'm sure it will work out great, just like all the other overhyped projects that have come before it.

  • I spent all weekend trying to figure out how to deploy my new dApp on Ethereum, only to realize that the gas fees would bankrupt me faster than a trip to Burning Man.

If you actually want to learn more...

  • A product manager's guide to web3 - by Jason Shah: This article provides a comprehensive overview of what it takes to be a successful PM in the wild west of Web3, including the worst parts of the job and the best path to landing a gig.

  • Ethereum Whitepaper: If you really want to dive deep into the technical details of how Ethereum works, you can't go wrong with reading the original whitepaper written by Vitalik Buterin himself. Just be prepared for a lot of math and cryptography.

  • a16z Crypto School: If you prefer learning through videos and lectures, the a16z Crypto School offers a series of talks and presentations from industry experts on various topics related to Ethereum and Web3 more broadly.

Note: the Developer Dictionary is in Beta. Please direct feedback to skye@statsig.com.

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