A must-read for those looking to invest in Ethereum What do you think about Ethereum? The Ethereum Foundation published a lengthy article titled "The Ethereum Foundation Mandate" on the Ethereum blockchain early this morning. While it's a long read and worth going through the original text, you can get a good understanding of what Ethereum is in Chapter 1, ETHEREUM. To briefly summarize Chapter 1: 1. Ethereum started from a dream of freedom. To achieve freedom, we need: - "Self-sovereign computing," where individuals have ultimate control over their data, assets, identity, and code, and - The ability for many people to operate and reach consensus in a system without central authority. 2. The reason Ethereum is needed: - If all you need is self-sovereign computing, you can just run all programs on your own computer. - If networking is all that matters and you don't mind relying on central authority, existing centralized platforms are better than Ethereum or other blockchains. - However, if you need both self-sovereignty and networking, then Ethereum is necessary. The first application that fits this need is "money." Thus, Ethereum is both a currency and an application. 3. Ethereum is a world computer. Ethereum is: - Accessible to anyone - Permissionless - Trustless - Persistent It serves as a common computing infrastructure for humanity. This is the concept of a "world computer." 4. In other words, Ethereum is a technology for creating an infrastructure that allows people to collaborate freely. Collaboration must occur:...