Entries by Ethan Bienstock

A Blockchain Case Study: Building a Derivative Marketplace with Ethereum – Part I

Blockchain is a revolutionary paradigm that will reshape every aspect of our lives. The first part of this series will present a high-level overview of the underpinnings of blockchain technology and develop some intuition for smart contracts. After finishing this post, readers will have a strong understanding of blockchain fundamentals and understand the term smart […]

A Blockchain Case Study: Building a Derivative Marketplace with Ethereum – Part II

Part one of this blog series provided an overview of blockchain fundamentals and introduced smart contracts. Readers unfamiliar with this material are encouraged to first read part one. This post will explore construction of a centralized marketplace for binary derivatives. This approach does not make effective use of the blockchain, but is presented to illustrate […]

A Blockchain Case Study: Building a Derivative Marketplace with Ethereum – Part III

Alas, we now possess the knowledge to build our decentralized marketplace! If you’ve come this far, you should have a solid grasp of how a blockchain operates and possess a conceptual understanding of smart contracts. In this final post, we synthesize these concepts and develop a decentralized marketplace that overcomes many of the challenges posed […]