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6min chapter
Ethereum Explained ft. Preethi Kasireddy
Means of Creation
Is Etheorium the Same as Bitcoin?
etheorium is a programmb, you know, turin complete virtual machine. It's not like native to the itherian block chain. These tokens arent native to the then blotching. The're just smart contracts that define a set of standards for what this type of token is. So with the theoriam, we can kind of innovate a lot faster and create types of tokens that were just never possible before. And an example of where that really shined, where that property really shine, is defi.
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