Ethereum and Web3

Original slide files are available in the local preview. Public distribution is pending source-material review.

What we covered

Discussed Bitcoin’s origins and the mystery of Satoshi Nakamoto using HBO’s Money Electric as a starting point.
Reviewed blockchain as a shared record kept across a network of computers.
Introduced Ethereum and Web3, then used trivia to explore Ether, smart contracts, and apps built on blockchain.

Optional review questions

Choose an answer to review the meeting material. This quiz checks the presentation’s answer key, not current market knowledge. Historical or ambiguous answers carry notes. Responses are not saved.

1. What is Ethereum?A digital currencyA decentralized platform for creating apps and smart contractsA type of software used for computersA video game

Source: Meeting trivia PDF, page 1, question 1

2. What is Ether (ETH)?The internetA social media platformA type of cryptocurrency used on the Ethereum networkA new video game console

Source: Meeting trivia PDF, page 1, question 2

3. What makes Ethereum different from Bitcoin?Ethereum only stores data, while Bitcoin doesn'tEthereum is slower than BitcoinEthereum was created before BitcoinEthereum can run smart contracts, while Bitcoin is mainly for payments

Source: Meeting trivia PDF, page 1, question 3

4. Who created Ethereum?Satoshi NakamotoElon MuskVitalik ButerinMark Zuckerberg

Source: Meeting trivia PDF, page 1, question 4

5. What is a smart contract?A legal contract signed onlineA computer program that automatically follows rulesA smartphone appA way to connect with your bank

Source: Meeting trivia PDF, page 2, question 5

6. What is Web3?A new social media platformA faster type of Wi-FiA digital video formatThe next version of the internet that uses blockchain

Source: Meeting trivia PDF, page 2, question 6

7. How does Web3 differ from Web2 (the current internet)?Web3 is slowerWeb3 gives users more control over their dataWeb3 doesn't allow apps to runWeb3 is only for video streaming

Source: Meeting trivia PDF, page 2, question 7

8. What technology does Web3 rely on?BlockchainSmartphonesGPSArtificial Intelligence (AI)

Source: Meeting trivia PDF, page 2, question 8

9. In Web3, what are decentralized apps (dApps)?Regular apps you can download from the app storeApps that run on a single computerApps that are not controlled by one person or companyApps that don’t need internet to work

Source: Meeting trivia PDF, page 2–3, question 9

10. What does Web3 aim to improve compared to the current internet?Faster internet speedsMore user privacy and control over dataMore social media featuresFewer websites to visit

Source: Meeting trivia PDF, page 3, question 10