Ethereum

“I bootstrapped Ethereum Before we did the crowd sale where we raised eighteen million dollars at the time became the largest crowd funded project of all time.”

“It was never meant as a coin or as a currency. It was meant as a fuel or product to incentivize people to contribute resources into the network.”

“Joseph Lubin, who was one of the one of the founders of Ethereum left Ethereum to start ConsenSys, which is now hiring, you know, 400 people just building applications, building open source projects around the Ethereum ecosystem to make that network grow as qu…”

“I think all of these blockchains will exist, will coexist. So it's not like Ethereum is going to exist and Bitcoin is going to go away. My personal belief is that Bitcoin has its use case, and so does Ethereum.”

“In fact, Lifepeer is built on top of Ethereum. we use the Ethereum platform to launch our token so that so that people can hold our token and not have to worry about How secure the Livepeer blockchain is because we use, we kind of leverage the security of th…”

“The Bank of England did an experiment with Ethereum, and they found that they could get, like, five transactions a second.”

“So for developers, if they have the idea, I want to build this and that, it's much, much, much easier to build it on Ethereum, and this is why all those new projects build on Ethereum, and that's where, where the hype is currently coming from.”

“On just 2014 as you know we on the market they only have a totally 6007 67 totally coin existing on the market it's like ethereum bitcoin litecoin ripple that's only 60 67 but only just one year after 2014 on 2015 The number already growing to, like, I remembe…”

“Basically worked for giving everybody their money back, which we did succeed at, and yeah, that's a very short story, but there's, of course, a lot of things behind it.”

“If Slocket would go down, then the smart log would still work. It would still accept Ether as a payment because it would listen to the Ethereum blockchain. So as long as the Ethereum blockchain is still live and running, This log will always listen to it.”

“BigchainDB unlocks this potential where across multiple organizations you can have a single source of truth. In other words, You don't need reconciliation anymore because the truth and the provenance of the data is perfect.”

“I really admire how Vitalik leads the community with such preternatural maturity. I mean, that, that, that blows me away.”

“If you look at something like Bitcoin, it's payments, cryptocurrency in a global network. If you look at Ethereum, it's like business logic in a global network, and it's kicked off all these ICOs and stuff like that. You know, you have business logic in a bloc…”

“That ratio is very arbitrary. We basically, you know, look at the previous projects, we did the token launch and then we came in with a number, and then we want to give early supporters the special perks, such as discounts to, you know, to join the crowdfundin…”

“It was really fast. We finished within the first four blocks in the Ethereum time.”

“So First Blood, for example, they issued about 460,000 Ether, which came out to about five million dollars in total value. He told me they immediately liquidated 80%, so they put four million, basically, at the, at that time, Ether was valued at 11 bucks, righ…”

“So, so that's a good example of something that if you would now invent today, World of Warcraft, you would exactly do it on ERC, Ethereum based tokens.”

“At that time it was 12,000 Ethereum. ... Back then it was difficult to believe at the time Ethereum was 10 dollar per ETA. So we were aiming like between 120 and 50,000 is what we collected.”

“We raised at that time, and that time it was around twelve million. ... We started crowdsale on the first of July, one day for our own communities, and one day for other communities, and it was over. So at that time, yeah, it was 45,000 Ethereum.”

“We're invested in Digital Currency Group who themselves, they own a ton of Bitcoin and Ethereum, which has been quite valuable for them, and their Bitcoin investment trust has crossed five hundred million in AUM, so that's good, but other than that, no, no dir…”

“If I was 20 years old today, I would go all in on crypto and blockchain, right? So rather than like, should I do a startup? Should I do this crypto thing? Should I do this? I would, you know, focus all on the blockchain. So if you're 20, I would literally go r…”

“So then it's a similar number for Ethereum as well.”

“Sorry, just to be clear we don't mine Bitcoin. Okay, we mine right now our facilities are all GPU based, so we mine Ethereum. So we do have one of our facilities the one that will be completed in September will be an ASIC facility. So at that point in time, we…”

“So I personally, my belief is that everyone in the top 10 maybe bar ETH and Bitcoin will be switched out in the next 12 to 24 months.”