Post
Topic
Board Altcoin Discussion
Re: Do you actually understand Ethereum?
by
puremage111
on 02/01/2018, 05:29:27 UTC
Check out my free Ethereum 101 course


Most people really dont understand Ethereum, which is going to be damaging to the market. I have heard friends and have seen posts even on here with people who are investing that dont even understand smart contracts, proof of stake etc

Did you know their are 2 Casper's?



When you invest in a coin, how much time do you spend researching it? I normally spend at least 3 hours learning everything I can from it before I attempt to make an investment of even $1. It is important to understand the coin from a general level, and if you can understand it from a technical level that is even better.

Instead of understanding the whole thing, i guess i only has like 30%+- of understanding on Ethereum

The Word "Blockchain" is already huge and technical to understand the framework and details.
Ethereum is much more than a Blockchain, it has Smart Contracts and it allows token to be built on top of its chain instead of Forking to create a new coin.

When you invest in a coin, how much time do you spend researching it? I normally spend at least 3 hours learning everything I can from it before I attempt to make an investment of even $1. It is important to understand the coin from a general level, and if you can understand it from a technical level that is even better.

Less than an hour? I don't really take much time on understanding the whole thing but the first layer like what it does, does it has use case and is it feasible.

However for project that i invest, i guess more time will be spent Smiley