Ethereum for the Overwhelmed Layman

Ethereum for the Overwhelmed Layman

There are plenty of articles about ethereum's recent DAO drama and its wild price swings, but fewer try to explain to non-geeks how ethereum’s technology could matter for everyday life – and in particular, what it offers that bitcoin doesn't. Let's walk through a concrete example: “slocks”, the Internet-ready locks being developed by now-infamous German startup Slock.it. Suppose you want to rent out your apartment while you’re on vacation. Airbnb works fine, but it has drawbacks, like: Fees. Airbnb charges 9-15%. Handing off the key. What if you’re on an airplane? What if you have two....


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