Embed Size (px)
Citation preview
Presented by: Fabian Vogelsteller @feindura
MONARCHY DEMOCRACY
X X
MONARCHY DEMOCRACY
DECENTRALIZED SYSTEMS
DECENTRALIZED SYSTEMS
A copy of the blockchain is stored on each user’s computer.
Block Approval
It is the shared, collective history of transactions on the network.
Mining
IDENTITY
Your signature is regularly used to verify your actions.
YOUR KEY
In Ethereum your signature is your Private-key, which only you posses.
NODE - PEER (A)
NODE - PEER(B)
OPEN SOURCE TRUST
“If I have more than $100 in my wallet, I’ll give $10 to Tom.”
People make promises, and sometimes break them.
if wallet.balance > 100 then money.giveTo(tom,10)
OPEN SOURCE TRUST
Software does what it is coded to do.
OPEN SOURCE TRUST
Open Source software can be seen and audited by anyone.
if wallet.balance > 100 then money.giveTo(tom,10)
Contracts can be used to build currencies, financial derivatives, voting systems, decentralized organizations, data feeds, title
registries and thousands of other applications.
ETHEREUM IS VERSATILE
Sending a transaction to a contract causes its code to execute. Contracts can store data, send transactions and interact with
other contracts.
ETHER IS THE FUEL
The more computation a transaction requires the more ether it consumes.
NOT ALL CONTRACTS ARE ALIKE
JavaScript Application interacting with the Blockchain
USING CONTRACTS
Ethereum can be used to codify, decentralize, secure and trade almost anything.
BUILD (ALMOST) ANYTHING
Mist is the Ethereum client. It allows decentralized applications built for Ethereum to be used like any other web application.
MIST BROWSER
Decentralised Prediction Market http://www.augur.net
EXAMPLES
Product origin tracker https://www.provenance.org
EXAMPLES
