Ethereum Q&A: How do smart contracts work?

published on Jan 11, 2019 by aantonop Favorite
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How do smart contracts in Ethereum work? How are operations conducted without middlemen? Do smart contracts work with external inputs or real-world events? Can we make sure that oracles are not corrupted?

These questions are from the MOOC 10.6 session, which took place on October 11th 2018. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron:

Note: Apologies for the colour glitch towards the end of the video.

The Lion and the Shark: Divergent Evolution in Cryptocurrency -
Investing in Education instead of Speculation -
Ethereum, ICOs, and Rocket Science -
Slush17 Panel: Farewell to Centralised Data -
Blockchain vs. Bullshit: Thoughts On The Future of Money -
Why I'm writing 'Mastering Ethereum' -
What is Metropolis? -
Smart contract platforms -
Smart contracts, sidechains, and the Lightning Network -
Impact of smart contracts on law and accounting -
Key management and inheritance -
The legality of smart contracts -
Smart contracts and law ambiguity -
Gas and resource allocation -
Intrinsic vs. extrinsic assets -
Altcoins and specialisation -
Ether, ICOs, and securities -
Unstoppable code -
Airdrop coins and privacy implications -
Initial coin offerings (ICOs) -
The token ICO explosion -
'Coin' and 'token' terminology -
ICOs and responsible investment -
ICOs and financial regulation -
ICOs, disruption, and self-regulation -
Scams, gambling, and regulation -
ICOs and pyramid schemes -
Directed acyclic graphs (DAGs) and IOTA -
Scaling and "Satoshi's vision" -
"Blockchain, not Bitcoin " -
Reflections on the last five years -

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos!


Translations of MASTERING BITCOIN:



Translations of THE INTERNET OF MONEY:
Spanish, 'Internet del Dinero' (v1) -
French, 'L'internet de l'argent' (v1) -
Russian, 'Интернет денег' (v1) -
Vietnamese, 'Internet Của Tiền Tệ' (v1) -


Music: "Unbounded" by Orfan (
Outro Graphics: Phneep (
Outro Art: Rock Barcellos (

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