Ethereum: Part 4

Normal service is being resumed this week, as we take our final look (for now) at Ethereum.    The project which started off as an idea in the head of a supremely gifted, 19-year-old Bitcoin enthusiast has now grown into a behemoth. It underpins a huge sector of the crypto industry and has triggered an avalanche of development, both of projects looking to build on top of it and of projects looking to emulate or outdo it. Without Ethereum, crypto would look completely different.   In this episode, we bring the history of Ethereum up to the present day and look at what is currently going on with the project. We’ll see how the original model of Ethereum has proved unable to cope with demand and how the switch to a new, proof of stake network is looking to resolve the issue. Exciting times lie ahead.   We’ll also look at the first NFT project to get Ethereum users excited and how it illustrated the need for the network upgrade we’re now witnessing. We’ll also look at some other projects looking to improve the Ethereum experience and look ahead to what the future holds.    One final shoutout for those two books about Ethereum everyone should read:   The Infinite Machine (2020) by Camila Russo  The Cryptopians: Idealism, Greed, Lies and the Making of the First Big Cryptocurrency Craze (2022) by Laura Shin   We hope you enjoy the show.   Producer for iHeart Media: Noel Brown Editor: Sam MoultSee omnystudio.com/listener for privacy information.