Is it possible to make internet to be more open place to provide people with more independence over their own data, Ethereum is doing exactly that, an...
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How to set up a private Ethereum blockchain with 2 or more nodes using Vmware. https://semanticblocks.wordpress.com/
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Ξthereum Project
Satoshi Experiment
Transparency matters
Independence matters
Anonymity matters
Crypto Economy
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Ethereum – from Data Base to Turing complete algorithms
from = msg.sender fromvalue = contract.storage[from] to = msg.data]0[ value = msg.data]1[ if fromvalue >= value: contract.storage[from] = fromvalue - value contract.storage[to] = contract.storage[to] + value
Transactions
Bitcoin model
0
Blocks
1
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Ξthereum model sha3(state) = 27abd3…
value+300
value + 300
2 27abd3… Blocks
Ξthereum model 12ffe3…
92c4e3…
12ffe3…
1 92c4e3…
0
Blocks
27abd3…
a0c4e2…
2 27abd3…
3 a0c4e2…
76a4f1…
4 76a4f1…
1. 2. 3. 4. 5.
from = msg.sender fromValue = contract.storage[from] to = msg.data]0[ value = msg.data]1[ if fromValue >= value: contract.storage[from] = fromValue - value 6. contract.storage[to] = 7. contract.storage[to] + value
init: contract.storage [0xcd2a3d9f938e13cd947ec05abc7fe734df8dd826] = 10000000 code: // balance manipulation from = msg.sender fromvalue = contract.storage[from] to = msg.data]0[ value = msg.data]1[ if fromvalue >= value: contract.storage[from] = fromvalue - value contract.storage[to] = contract.storage[to] + value
// balance manipulation from = msg.sender fromvalue = contract.storage[from] to = msg.data]0[ value = msg.data]1[ if fromvalue >= value: contract.storage[from] = fromvalue - value contract.storage[to] = contract.storage[to] + value
code: // balance manipulation from = msg.sender fromvalue = contract.storage[from] to = msg.data]0[ value = msg.data]1[ if fromvalue >= value: contract.storage[from] = fromvalue - value contract.storage[to] = contract.storage[to] + value
2. P2P Message
storage:
cd2a3d9f...= 10000000
code: 3360005460005356602054600 …
code: // balance manipulation from = msg.sender fromvalue = contract.storage[from] to = msg.data]0[ value = msg.data]1[ if fromvalue >= value: contract.storage[from] = fromvalue - value contract.storage[to] = contract.storage[to] + value
// balance manipulation from = msg.sender fromvalue = contract.storage[from] to = msg.data]0[ value = msg.data]1[ if fromvalue >= value: contract.storage[from] = fromvalue - value contract.storage[to] = contract.storage[to] + value
Gas cost: 0.0001 ether 0.0001 ether 0.0001 ether 0.0001 ether
