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Full Learn page #10

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youngkidwarrior opened this issue Aug 1, 2020 · 0 comments
Open

Full Learn page #10

youngkidwarrior opened this issue Aug 1, 2020 · 0 comments

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@youngkidwarrior
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Initial writeup

Ethereum & Energy

  • Ethereum is an open source, public, blockchain-based distributed computing platform and
    operating system featuring smart contract functionality.
  • Put simply, Ethereum is a worldwide computer that people pay to keep secure.
  • ETH is the currency used to fund this massive computer.
  • Learn more here https://ethereum.org/what-is-ethereum/

Positive and Negative Bonds

  • Shenanigan uses a positive and negative system to categorize opposing betting parties.
  • Energy is Shenanigan’s clever pseudonym for Ethereum.
  • Energy and Ethereum are one in the same
  • Transfer energy over the ethereum network to add to the discourse
  • The game is about being a fan. Knowing an athletes strengths and weaknesses gives you an advantage.
  • Some betters lean more positive and go against the odds, while others will err on the side of caution and bet negative

Transactions

  • How can I trust you with my money? What makes this safe? Is this legal?
  • This is 100% legal and 99.9% secure.
  • Every exchange of money you make will cost you a little ethereum called gas.
  • That's Ethereum’s price of security!
  • Shenanigan actually has access to none of our particles betting money
  • All Ethereum is stored and transferred using smart contracts
  • Buying and Selling
  • Buying ETH is as simple as signing up for a bank account.
  • Here are a few sites coinbase.com, etc
  • ETH is directly exchangeable for US dollars.
  • Save it or sell it.
  • Some exchange rates can be less than a dollar.

Tokens

  • If you made it this far down the page you’re probably interested in Ethereum
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