Mama blockchain ante…. information ni papers lo rasi oka dabbalo petinattu…. when dabba fills… they will seal it with a hash
aa hash denitho chesaro kanukkuntene next dabba open cheyyostundi(not important for us) — dinni mining antaru…
next dabba lo malli information pedtharu…. so each dabba is linked
linkedlist laga anko
so each dabba lo papers lo information is standard, cannot be changed but can be verified

bitcoin is one of applications for this……. vamshi gave avinash 3 bitcoins ani andulo rasi seal cheste…. inka world lo anni nodes daggara same info untundi… so avi has 3 btc and vamshi has 0 ani accounts lo veltundi
— Deniki applications enti
bank ayina same… bank lo aythe bank vadu rastadu and mana account lo chupistadu
ikkademo… majority nodes lo info same unte danni nammutharu…
Land registration is one application…. okasari registration info ni block lo store cheste… inka enni years tarvata ayina duplicate documents chupinchaleru
ipdatidaka unnavi verify cheyyadam is one task…. ipati ninchi antha transparent untadi
so Ethereum ani oka platform vachindi 2013 lo…… aa dabba lo pette paper mida just information kakunda you can write conditions…..
like vamshi avinash ki 10 lacs transfer cheste, miyapur lo XYZ survey number flat ni avinash name ninchi vamshi name ki register cheyyali
— Why cant same platform be used for all purpose

yeah
for exchanging goods n services
online tickets
even uber cars
— Ethereum ee use cheyachu ga
no need of uber — this platform will make payments when trip is complete…
lots of usecases unnayi… and blockchain mode lo cheste transaction verification is less costly….. anduke banks are implementing it
ipudu Visa, Mastercard processes most of payments in the world… they take some cut in every transactions
so banks can avoid this by using blockchain platform…… anduku they are using properietory version of ethereum called Hyperledger
— So manakem labham dinitho?
we can try learning the language with which you can write smartcontracts on ethereum platform
so that you can be a developer for building all next generation blockchain based applications
ee applications run avalante… ether ane gas kavali(fractions lo) — on ethereum platform — so that will be limited to some Xmillion ethers
anduku Ethereum ane coin is gaining value — scarcity untadi… so everyone tries to buy these coins…. all cryptocurrencies funda ide….. there will be demand and supply is limited — so value increases
ETH value on Jan1st was 8$ and today 227$
400$ ki velli vachindi…
So trading lo one can make money…..
Also, if someone builds a platform for trading or exchanging ETHs , they can earn by taking exchange fees n all.
Or developer way is to learn writing smart-contracts, build applications for someone or sell readymade applications for someone who needs them.


