How to Create a Token on the Ethereum Block Chain?

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Bicoin has its own block chain. There's one block chain for bick con, uh. However, there's something called forking. Basically someone can decide to divide the network up and basically create a copy of bit coin - it's likeyouno. You can etherium is a little bit different than bicon. Wheres bicoin's a ledger of transactions. Etherium is kind of more like a global computer a it runs,. It doesn't just andle transactions, which make payments. It handles something called smart contracts, which are like little programmes. And so one very, very popular type of programme is one in which you can create your own token.

For something of such obvious importance, money is kind of mysterious. It can, as Homer Simpson once memorably noted, be exchanged for goods and services. But who decides exactly how many goods/services a given unit of money can buy? And what maintains the social contract that we all agree to go along with it? Technology is changing what money is and how we use it, and Neha Narula is a leader in thinking about where money is going. One much-hyped aspect is the advent of blockchain technology, which has led to cryptocurrencies such as Bitcoin. We talk about what the blockchain really is, how it enables new kinds of currency, and from a wider perspective whether it can help restore a more individualistic, decentralized Web. Neha Narula is the Director of the Digital Currency Initiative at MIT. She obtained her Ph.D. in computer science from MIT, and worked at Google and Digg before joining the faculty there. She is an expert on scalable databases, secure software, cryptocurrencies, and online privacy. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.