2min chapter

Nobody Panic cover image

How to Understand Crypto Currency with Sunil Patel

Nobody Panic

CHAPTER

The Ethereum Block Chain, Is It on the Browser?

Block chain is the ledger of who owns what. It's essentially the magna carta. Anyone can steal it, and then you're lost. You pay for every transaction using the coin you've bought. Decentralised exchanges have no middleman. They are a web sit where you plug in your browser walletit connects to that. But you can also be part of the system and become the liquidity provider in the middle which has become the middle man - earning fees from people swapping stuff.

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