Bonus Livestream Session – Ethereum Basics



You’ve got questions about Ethereum? Get them answered in this Ethereum Basics Livestream session by aantonop. Timestamps (by Yes2Crypto)
0:00:30 Welcome from Andreas
0:01:14 Thank you to Community Builders
0:02:47 Video “thank you” from Community Builders
0:05:32 Moderation Policy
0:06:13 That one time Andreas forgot to unmute his mic, or “The Great Muted Event of 2020”
0:07:10 Intro, take 2.
0:11:06 Q: How does Bitcoin and Ethereum relate to each other? Do they complement each other? (Anonymous)
0:15:26 Q: I’ve heard the phrase “If Bitcoin is like gold, then Litecoin is like silver & Ethereum is like oil”. How would you rate and/or modify this summary statement” (Yes2Crypto)
0:18:54 Q: Can you explain gas… and what is happening around backrunning in DeFi applications as well as EIP 1559 that contemplates fee burns in Ethereum 2.0 (Anonymous)
0:24:20 Short break and re-show Moderation Policy (gas mask dad-joke-level pun)
0:25:44 Q: Might you explain to my mom what does Touring [sic] Complete mean in practical terms? (Anibal)
0:33:25 Q: What are the challenges of sharding and proof of stake, and how does it actually work? (Tigerix)
0:40:51 Q: When running an Ethereum full node, how can one verify the total supply of Ether on the network? Is this costly compared to “gettxoutsetinfo” on bitcoin-cli? (Kevin)
0:46:18 Q: Which Ethereum Layer 2 protocols are you most excited about (Anonymous)
0:49:22 Q: How does memory on ethereum work? Where is it stored and how is it retrieved? (Anonymous)
0:54:35 Short break and thank you to Community Builders
0:56:18 Q: I see the term “Ethereum Kill” thrown around alot. Do you think there will be an “Ethereum Killer”, or instead an ecosystem of co-existing blockchains? (Mr. DENSE)
0:59:00 Down the Rabbit Hole: Andreas asks: What is Ethereum 2.0; When is it happening; Is it real, and what should I expect?
1:06:38 Q: When Ethereum finally moves to PoS (proof of stake), there will be a lot of miners looking for a new place to direct their PoW (proof of work) power. Where do you think they’ll go? (Pathfinder)
1:10:55 Q: Do you see eth2.0 scaling efforts as a success? (Anonymous)
1:11:55 Q: Is there a possibility for bitcoin to scale on the Ethereum blockchain? If yes, how would that look like in reality? (RK)
1:17:12 Q: For developers, which one do you think is better to start with: bitcoin or ethereum. What are the possibilities for the development in the future? (Sachin)
1:22:07 Q: Peace and love, brother, I don’t understand ETH at all. What book would you recommend? (Paul Kulas)
1:24:57 Closing comments, upcoming livestreams, and thanks
1:26:39 Video “thank you” from Community Builders

As you might know, Andreas is an author of Mastering Ethereum, which is written for developers and is his second book published by O’Reilly media. But don’t fret, there won’t be dry powerpoint explanations here. Andreas is brilliant at explaining complex topics in an entertaining and easy to understand way. So if you’ve got questions about Ethereum, ETH, gas, proof-of-work, proof-of-stake, or smart contracts in general, this video will get you up to speed. During the livestream, you can chat with community builders and together we’ll watch Andreas answer as many questions as he can in 30-40 minutes. You can even ask questions on sli.do and maybe your question will be one Andreas answers! No questions are too basic or simple. You can even ask questions anonymously, in case you’re embarrassed for not knowing something already. After the livestream, you can view the chat as if you were there with us.

About aantonop: Andreas isn’t promoting a company or an organization, he’s paid by the community (people who support this work on patreon and youtube) and provides an unbiased look at the technologies, what they can do for our societies, and how to get involved (if you decide you want to). Join us for this Livestream event.

From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Participating in these Livestream sessions is one way to do that. Thank you for being part of this mission.

Learn more about becoming a Community Builder: https://patreon.com/aantonop
Join the YouTube Channel: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ/join

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Thanks for watching!
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