Author

Topic: [2014-09-12] Project to Turn Bitcoin Into an All-Powerful Programming Language R (Read 781 times)

legendary
Activity: 1596
Merit: 1000
Great idea! Any programmers can use this tool to build software based on blockchain technology.
sr. member
Activity: 406
Merit: 250
http://www.wired.com/2014/09/ethereum-backers-raise-15-million/

Bitcoin are valuable because they’re both useful as a currency and in short supply. Only 21 million bitcoin will ever be created. That’s not the case with Ethers. Buterin and company plan to produce 15 million of them each year on their blockchain. There’s another important difference too. You will need to use Ethers in order to run software on the Ethereum network. Buterin calls it the platform’s programming “fuel.” The 30,000 bitcoin sale is a bet that people will actually want to do this.
Jump to: