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      "author": "steemcleaners",
      "body": "[Source](https://www.coindesk.com/information/what-is-bitcoin/)\n[Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. \r\n\r\nSpam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah).\r\n\r\n[More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/)\r\n\r\nIf you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A)",
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      "author": "cheetah",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.coindesk.com/information/what-is-ethereum/",
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      "author": "bludgos23",
      "body": "Before you can understand ethereum, it helps to first understand the internet.\n\nToday, our personal data, passwords and financial information are all largely stored on other people’s computers – in clouds and servers owned by companies like Amazon, Facebook or Google. Even this CoinDesk article is stored on a server controlled by a company that charges to hold this data should it be called upon.\n\nThis setup has a number of conveniences, as these companies deploy teams of specialists to help store and secure this data, and remove the costs that come with hosting and uptime.\n\nBut with this convenience, there is also vulnerability. As we’ve learned, a hacker or a government can gain unwelcome access to your files without your knowledge, by influencing or attacking a third-party service – meaning they can steal, leak or change important information.\n\nBrian Behlendorf, creator of the Apache Web Server, has gone so far as to label this centralized design the “original sin” of the Internet. Some like Behlendorf argue the Internet was always meant to be decentralized, and a splintered movement has sprung up around using new tools, including blockchain technology, to help achieve this goal.\n\nEthereum is one of the newest technologies to join this movement.\n\nWhile bitcoin aims to disrupt PayPal and online banking, ethereum has the goal of using a blockchain to replace internet third parties — those that store data, transfer mortgages and keep track of complex financial instruments.\n\nThe ‘World Computer’\nIn short, ethereum wants to be a ‘World Computer’ that would decentralize – and some would argue, democratize – the existing client-server model.\n\nWith ethereum, servers and clouds are replaced by thousands of so-called “nodes” run by volunteers from across the globe (thus forming a “world computer”).\n\nThe vision is that ethereum would enable this same functionality to people anywhere around the world, enabling them to compete to offer services on top of this infrastructure.\n\nScrolling through a typical app store, for example, you’ll see a variety of colorful squares representing everything from banking to fitness to messaging apps. These apps rely on the company (or another third-party service) to store your credit card information, purchasing history and other personal data – somewhere, generally in servers controlled by third-parties.\n\nYour choice of apps is of course also governed by third parties, as Apple and Google maintain and curate (or in some cases, censor) the specific apps you’re able to download.\n\nTake the example of an online document service like Evernote or Google Docs.\n\nEthereum, if all goes according to plan, would return control of the data in these types of services to its owner and the creative rights to its author.\n\nThe idea is that one entity will no longer have control over your notes and that no one could suddenly ban the app itself, temporarily taking all of your notebooks offline. Only the user can make changes, not any other entity.\n\nIn theory, it combines the control that people had over their information in the past with the easy-to-access information that we’re used to in the digital age. Each time you save edits, or add or delete notes, every node on the network makes the change.\n\n\n\nIt’s worth noting that the idea has been met with skepticism.\n\nAlthough the apps appear to be possible, it’s unclear which blockchain applications will actually prove useful, secure, or scalable, and if they will ever be as convenient to use as the apps we use today.\n\nAuthored by Alyssa Hertig; Images by Maria Kuznetsov\n\nNEXT: WHAT IS ETHER?\nINDEX: A BEGINNERS GUIDE TO BITCOIN AND BLOCKCHAIN TECHNOLOGY\nWhat is Bitcoin?\tIt's a decentralized digital currency\nWhy Use Bitcoin?\tIt's fast, cheap to use, and secure\nHow Can I Buy Bitcoin?\tFrom an exchange or an individual\nHow to Buy Bitcoin in the UK\tBuying bitcoin in the UK\nHow to Store Your Bitcoin\tUse a digital or paper wallet\nWhat Can You Buy with Bitcoin?\tSpend your bitcoins\nHow to Sell Bitcoin\tA guide on how to sell your bitcoins\nHow to Accept Bitcoin Payments for Your Store\tLearn about bitcoin POS systems\nHow do Bitcoin Transactions Work?\tBitcoin addresses and private keys\nIs Bitcoin Legal?\tThe current regulation around bitcoin\nWho is Satoshi Nakamoto?\tThe founder of bitcoin\nUnderstanding Bitcoin Price Charts\tA primer on bitcoin price charts\nHow Bitcoin Mining Works\tBy confirming transactions\nHow to Set Up a Bitcoin Miner\tGenerate bitcoins yourself\nWhat are Bitcoin Mining Pools?\tWhat are pools how and how to join them?\nHow Does Cloud Mining Bitcoin Work?\tAlternative bitcoin mining solutions\nHow to Calculate Mining Profitability\tCan you make a ROI?\nHow to Make a Paper Bitcoin Wallet\tCreating an unhackable bitcoin wallet\nCan Bitcoin Scale?\tA look at the debate and the tech\nWhat is SegWit?\tA new way of storing transaction data\nWhat is the Lightning Network?\tOff-chain transaction channels\nWhat is Ethereum?\tA blockchain application platform and 'world computer'\nWhat is Ether?\tThe 'fuel' of the ethereum network\nHow to Use Ethereum\tWallets, trading and ‘dapps’\nWho Created Ethereum?\tVitalik Buterin\nHow Ethereum Works\t'Turing-complete' programming, 'state' and the 'EVM'\nHow Ethereum Mining Works\t'Proof of Work' and 'Proof of Stake'\nHow to Mine Ethereum\tGPUs, mining software and pools\nHow Will Ethereum Scale?\t‘Sharding’ and ‘off-chain’ transactions\nHow Do Ethereum Smart Contracts Work?\tCode, transaction fees and 'gas'\nWhat is Bitcoin Cash?\tSame blockchain, different characteristics.\nHard Fork vs Soft Fork\tWhy and how do blockchains split?\nWhat is the Difference Between Litecoin and Bitcoin?\tIt's the silver to bitcoin's gold\nHow to Buy Litecoin\tHow to buy the bitcoin alternative litecoin\nHow to Mine Litecoin and other Altcoins\tHow to generate your own altcoins\nWhat is Ripple?\tIs it a token? Is it a payments platform?\nWhat is Blockchain Technology?\tA system of distributed data and logic\nHow Does Blockchain Technology Work?\tCryptographic keys, distributed networks and network servicing protocols\nWhat Can a Blockchain Do?\tIdentity, recordkeeping, smart contracts and more\nWhat is a Distributed Ledger?\tA dynamic, independently maintained database\nWhat is the Difference Between Public and Permissioned Blockchains?\tCan anyone read or write to the ledger?\nWhat is the Difference Between a Blockchain and a Database?\tIt begins with architectural and administrative decisions\nWhat Are the Applications and Use Cases of Blockchains?\tTokenization, auditing, governance, settlement and more\nHow Could Blockchain Technology Change Finance?\tCross-border payments, new asset classes, regulatory compliance and more\nWhat are Blockchain's Issues and Limitations?\tComplexity, size, costs, speed, security, politics and more\nWhy Use a Blockchain?\tTo manage and secure digital relationships as part of a system of record\nWhat is a Decentralized Application?\tA distributed 'smart contract' system\nWhat is a DAO?\tA 'decentralized autonomous organization'\nWhat is an ICO?\tInitial Coin Offerings refer to the distribution of digital tokens.",
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      "body": "To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of balances of bitcoin-the-token. Both are referred to as “bitcoin.”\n\nThe system enables payments to be sent between users without passing through a central authority, such as a bank or payment gateway. It is created and held electronically. Bitcoins aren’t printed, like dollars or euros – they’re produced by computers all around the world, using free software.\n\nIt was the first example of what we today call cryptocurrencies, a growing asset class that shares some characteristics of traditional currencies, with verification based on cryptography.\n\nNetwork, Globe\n\nWho created it?\n\nA pseudonymous software developer going by the name of Satoshi Nakamoto proposed bitcoin in 2008, as an electronic payment system based on mathematical proof. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way.\n\nTo this day, no-one knows who Satoshi Nakamoto really is.\n\nIn what ways is it different from traditional currencies?\n\nBitcoin can be used to pay for things electronically, if both parties are willing. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally.\n\nBut it differs from fiat digital currencies in several important ways:\n\n1 – Decentralization\n\nBitcoin’s most important characteristic is that it is decentralized. No single institution controls the bitcoin network. It is maintained by a group of volunteer coders, and run by an open network of dedicated computers spread around the world. This attracts individuals and groups that are uncomfortable with the control that banks or government institutions have over their money.\n\nBitcoin solves the “double spending problem” of electronic currencies (in which digital assets can easily be copied and re-used) through an ingenious combination of cryptography and economic incentives. In electronic fiat currencies, this function is fulfilled by banks, which gives them control over the traditional system. With bitcoin, the integrity of the transactions is maintained by a distributed and open network, owned by no-one.\n\n2 – Limited supply\n\nFiat currencies (dollars, euros, yen, etc.) have an unlimited supply – central banks can issue as many as they want, and can attempt to manipulate a currency’s value relative to others. Holders of the currency (and especially citizens with little alternative) bear the cost.\n\nWith bitcoin, on the other hand, the supply is tightly controlled by the underlying algorithm. A small number of new bitcoins trickle out every hour, and will continue to do so at a diminishing rate until a maximum of 21 million has been reached. This makes bitcoin more attractive as an asset – in theory, if demand grows and the supply remains the same, the value will increase.\n\n3 – Pseudonymity\n\nWhile senders of traditional electronic payments are usually identified (for verification purposes, and to comply with anti-money laundering and other legislation), users of bitcoin in theory operate in semi-anonymity. Since there is no central “validator,” users do not need to identify themselves when sending bitcoin to another user. When a transaction request is submitted, the protocol checks all previous transactions to confirm that the sender has the necessary bitcoin as well as the authority to send them. The system does not need to know his or her identity.\n\nIn practice, each user is identified by the address of his or her wallet. Transactions can, with some effort, be tracked this way. Also, law enforcement has developed methods to identify users if necessary.\n\nFurthermore, most exchanges are required by law to perform identity checks on their customers before they are allowed to buy or sell bitcoin, facilitating another way that bitcoin usage can be tracked. Since the network is transparent, the progress of a particular transaction is visible to all.\n\nThis makes bitcoin not an ideal currency for criminals, terrorists or money-launderers.\n\n4 – Immutability\n\nBitcoin transactions cannot be reversed, unlike electronic fiat transactions.\n\nThis is because there is no central “adjudicator” that can say “ok, return the money.” If a transaction is recorded on the network, and if more than an hour has passed, it is impossible to modify.\n\nWhile this may disquiet some, it does mean that any transaction on the bitcoin network cannot be tampered with.\n\n5 – Divisibility\n\nThe smallest unit of a bitcoin is called a satoshi. It is one hundred millionth of a bitcoin (0.00000001) – at today’s prices, about one hundredth of a cent. This could conceivably enable microtransactions that traditional electronic money cannot.\n\n—\n\nRead more to find out how bitcoin transactions are processed and how bitcoins are mined, what it can be used for, as well as how you can buy, sell and store your bitcoin. We also explain a few alternatives to bitcoin, as well as how its underlying technology – the blockchain – works.\n\n \n\nAuthored by Noelle Acheson. Network image via Shutterstock.\n\n \n\nNEXT: WHY USE BITCOIN?\nwhy use bitcoin\tBecause it's fast, it's cheap to use, it's private, and central governments can't take it away.\nINDEX: A BEGINNERS GUIDE TO BITCOIN AND BLOCKCHAIN TECHNOLOGY\nWhat is Bitcoin?\tIt's a decentralized digital currency\nWhy Use Bitcoin?\tIt's fast, cheap to use, and secure\nHow Can I Buy Bitcoin?\tFrom an exchange or an individual\nHow to Buy Bitcoin in the UK\tBuying bitcoin in the UK\nHow to Store Your Bitcoin\tUse a digital or paper wallet\nWhat Can You Buy with Bitcoin?\tSpend your bitcoins\nHow to Sell Bitcoin\tA guide on how to sell your bitcoins\nHow to Accept Bitcoin Payments for Your Store\tLearn about bitcoin POS systems\nHow do Bitcoin Transactions Work?\tBitcoin addresses and private keys\nIs Bitcoin Legal?\tThe current regulation around bitcoin\nWho is Satoshi Nakamoto?\tThe founder of bitcoin\nUnderstanding Bitcoin Price Charts\tA primer on bitcoin price charts\nHow Bitcoin Mining Works\tBy confirming transactions\nHow to Set Up a Bitcoin Miner\tGenerate bitcoins yourself\nWhat are Bitcoin Mining Pools?\tWhat are pools how and how to join them?\nHow Does Cloud Mining Bitcoin Work?\tAlternative bitcoin mining solutions\nHow to Calculate Mining Profitability\tCan you make a ROI?\nHow to Make a Paper Bitcoin Wallet\tCreating an unhackable bitcoin wallet\nCan Bitcoin Scale?\tA look at the debate and the tech\nWhat is SegWit?\tA new way of storing transaction data\nWhat is the Lightning Network?\tOff-chain transaction channels\nWhat is Ethereum?\tA blockchain application platform and 'world computer'\nWhat is Ether?\tThe 'fuel' of the ethereum network\nHow to Use Ethereum\tWallets, trading and ‘dapps’\nWho Created Ethereum?\tVitalik Buterin\nHow Ethereum Works\t'Turing-complete' programming, 'state' and the 'EVM'\nHow Ethereum Mining Works\t'Proof of Work' and 'Proof of Stake'\nHow to Mine Ethereum\tGPUs, mining software and pools\nHow Will Ethereum Scale?\t‘Sharding’ and ‘off-chain’ transactions\nHow Do Ethereum Smart Contracts Work?\tCode, transaction fees and 'gas'\nWhat is Bitcoin Cash?\tSame blockchain, different characteristics.\nHard Fork vs Soft Fork\tWhy and how do blockchains split?\nWhat is the Difference Between Litecoin and Bitcoin?\tIt's the silver to bitcoin's gold\nHow to Buy Litecoin\tHow to buy the bitcoin alternative litecoin\nHow to Mine Litecoin and other Altcoins\tHow to generate your own altcoins\nWhat is Ripple?\tIs it a token? Is it a payments platform?\nWhat is Blockchain Technology?\tA system of distributed data and logic\nHow Does Blockchain Technology Work?\tCryptographic keys, distributed networks and network servicing protocols\nWhat Can a Blockchain Do?\tIdentity, recordkeeping, smart contracts and more\nWhat is a Distributed Ledger?\tA dynamic, independently maintained database\nWhat is the Difference Between Public and Permissioned Blockchains?\tCan anyone read or write to the ledger?\nWhat is the Difference Between a Blockchain and a Database?\tIt begins with architectural and administrative decisions\nWhat Are the Applications and Use Cases of Blockchains?\tTokenization, auditing, governance, settlement and more\nHow Could Blockchain Technology Change Finance?\tCross-border payments, new asset classes, regulatory compliance and more\nWhat are Blockchain's Issues and Limitations?\tComplexity, size, costs, speed, security, politics and more\nWhy Use a Blockchain?\tTo manage and secure digital relationships as part of a system of record\nWhat is a Decentralized Application?\tA distributed 'smart contract' system\nWhat is a DAO?\tA 'decentralized autonomous organization'\nWhat is an ICO?\tInitial Coin Offerings refer to the distribution of digital tokens.",
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      "body": "<center><a href='https://d.tube/#!/v/bludgos23/gekapk58'><img src='https://ipfs.io/ipfs/Qmcwej6S8biYSveQ4MMGvGiiZkgXQhnx4rrgfChWM76nCy'></a></center><hr>\n\nУже забыл про «Пакет Яровой»? А госайтишники там во всю тестируют необходимую инфрастуктуру и готовятся к запуску системы этим летом. Короче, тотальной слежке быть! Но интереснее другое... Разбираемся, чо там по бабкам и кто на этом наварится.\n\nЗипперы и худи [netstalkers] с Айсбергом – https://goo.gl/rbWnQq\nФирменные чехлы [netstalkers] на iPhone – https://goo.gl/HcXdGW\n\nИнтересные источники:\n– https://www.kommersant.ru/doc/3566613 – во сколько обойдётся операторам «пакет Яровой».\n– https://www.vedomosti.ru/technology/a... – кто стоит за принятием «пакета Яровой».\n– https://vasexperts.ru/blog/kto-v-ross... – кто в России производит оборудование СОРМ.\n– https://vasexperts.ru/blog/sorm-3-sbo... – какие персональные данные нужны спецслужбам.\n– https://republic.ru/uploads/Россия-по... – доклад о российских технологиях слежки от «Агоры» (PDF).\n\nБольше новостей читай в Телеграме – https://t.me/netstalkers\nИ подписывайся на нашу группу в ВК – https://vk.com/thenetstalkers\n\n<hr><a href='https://d.tube/#!/v/bludgos23/gekapk58'> ▶️ DTube</a><br /><a href='https://ipfs.io/ipfs/QmdNc3p4AWjuEEXF7iVZrAjKAQUbbWaiwrnmeXdD2zmc2u'> ▶️ IPFS</a>",
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