Cryptocurrency Market Capitalizations Ethereum
Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed. "Gas", an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.
Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Development was funded by an online crowdsale between July and August 2014. The system went live on 30 July 2015, with 11.9 million coins "premined" for the crowdsale. This accounts for approximately 13 percent of the total circulating supply.
In 2016, as a result of the collapse of The DAO project, Ethereum was forked into two separate blockchains - the new forked version became Ethereum (ETH), and the original continued as Ethereum Classic (ETC).
Ethereum was initially described in a white paper by Vitalik Buterin, a programmer involved with Bitcoin Magazine, in late 2013 with a goal of building decentralized applications. Buterin had argued that Bitcoin needed a scripting language for application development. Failing to gain agreement, he proposed development of a new platform with a more general scripting language.
At the time of public announcement in January 2014, the core Ethereum team was Vitalik Buterin, Mihai Alisie, Anthony Di Iorio, and Charles Hoskinson. Formal development of the Ethereum software project began in early 2014 through a Swiss company, Ethereum Switzerland GmbH (EthSuisse). Subsequently, a Swiss non-profit foundation, the Ethereum Foundation (Stiftung Ethereum), was created as well. Development was funded by an online public crowdsale during July–August 2014, with the participants buying the Ethereum value token (ether) with another digital currency, bitcoin. While there was early praise for the technical innovations of Ethereum, questions were also raised about its security and scalability.
Ethereum World News Ethereum & Bitcoin Blockchain News
Litecoin Price Analysis: LTC/USD’s Bullish Case...
by Aayush Jindal on ottobre 16, 2018 at 5:00
Litecoin price jumped above the $54.00 resistance before sliding back below $53.50 against the US Dollar. LTC/USD could dip one more time before an upward move. Key Talking Points Litecoin price is currently placed nicely above the $52.50 support level (Data feed of Kraken) against the US Dollar. […]
Ripple (XRP) Price Analysis: Bulls Push for...
by Rachel Lee on ottobre 16, 2018 at 3:51
Ripple recently surged past its short-term descending trend line to signal a reversal from the downtrend and a continuation of the longer-term rise. Recall that Ripple previously busted through a large descending trend line to signal that a rally was underway. Price hit resistance around the 0.5300 […]
Bitcoin (BTC) Price Analysis: Spike Higher to Be...
by Rachel Lee on ottobre 16, 2018 at 3:42
Bitcoin spiked past the resistance of its symmetrical triangle formation, but price has fallen back below the top just as quickly. This signals hesitation among buyers or a brief pullback to gather more bullish momentum. The 100 SMA is slightly above the longer-term 200 SMA to suggest that the path […]
Crypto Startup Coinbase Doubles Down On Expansion...
by Nick Chong on ottobre 16, 2018 at 2:05
Crypto Startup To Open Dublin Office Amid Brexit Concerns Amidst tumultuous market conditions, on Monday night, America’s foremost crypto startup revealed that it had plans to expand its presence in the European market, divulging plans to open a new office in Dublin, Ireland. This […]
Bakkt COO: Crypto Market Is Shifting,...
by Nick Chong on ottobre 16, 2018 at 1:05
Bakkt Gives Status Update, Confirms Adam White News As reported by Ethereum World News last week, those familiar with the matter divulged that Adam White, Coinbase Institutional’s head, had unexpectedly left the San Francisco-based startup to join Bakkt, an up and coming crypto platform that […]