Status Updates From Mastering Ethereum: Impleme...

Vitalik and other cofounders of ethereum brought some very abstract ideas together to create a Turing-complete World Computer .

it’s pretty fascinating how that opened the door to defi applications that have real world purpose and are not just another digital currency

ethereum is essentially: a protocol which specifies how its software implementations must be deterministic state machines which operate in a distributed manner and maintain a copy of a logical global state

ethereum vm can run token contracts

meaning other tokens can be created on the same blockchain(unlike btc or doge)

and that tech concept lowkey is the backbone behind the evolution of crypto which is crazy