Sublime

Ethereum is powered by a fungible token, ETH, which is used to incentivize the physical computers that underlie the system. ETH is also the system’s native currency for transactions, like NFT purchases.

-Compound, for example, is a lending protocol built on ETH with $10b+ of crypto available for borrowing. The creators could go away tomorrow and the code will still run.

For example, if you hold Ether you can stake it to help secure the network once Proof of Stake launches. In return for Staking your ETH, you get paid in more ETH, at a rate of about 5%.

The first major [blockchain] breakthrough was bitcoin, which invented digital gold. The second was Ethereum, which introduced general-purpose smart contracts. Helium presents the most ambitious new use case for blockchains we’ve seen since Ethereum.

For example, user-investors of FileCoin (an on-chain Dropbox alternative) who purchased $FIL tokens in 2019 have since seen their equity increase by about 25X. Filecoin uses their token to incentivize “miners” that provide their own devices as part of the storage cloud.

How it works: There is an off-chain layer with a platform wallet. This is all automated - if you make a referral the system grants you tokens automatically.

-Using blockchains to implement new and experimental forms of ownership for land and other scarce assets, as well as new and experimental forms of democratic governance.

Solidity: An object-oriented programming language for implementing smart contracts on Ethereum.