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.
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Trump Says The R-word – How Bitcoin Wins From...
by Gary McFarlane on Agosto 21, 2019 at 10:50
First oublished The R-word – recession – passed the lips of US president Donald Trump yesterday, and despite recent price action, that’s a positive for bitcoin. The consensus of analyst opinion is that there will... […]
Bitcoin Rebuffed at $11,000 But Still In Bull...
by Gary McFarlane on Agosto 20, 2019 at 12:55
Bitcoin has failed the $11,000 test again although it was a pretty half-hearted attempt. Touching $10,948 on Coinbase, the price quickly retreated to currently trade at . Just as the 200 MA on the day... […]
Bakkt Is Good For Bitcoin And Ethereum Too –...
by Gary McFarlane on Agosto 18, 2019 at 20:27
Bakkt’s bitcoin futures and custody platform launch on 23 September is a shot in the arm for crypto, but in addition to boosting bitcoin it could also raise the profile of Ethereum. The long-awaited physically... […]
NEXO Token Holders Receive US$2,409,574.87 in...
by Adrian Mathieu on Agosto 16, 2019 at 9:55
Nexo is delighted to announce that the Dividend Payment of US$2,409,574.87 to NEXO Token Holders scheduled for August 15, 2019, is now complete. NEXO Token Holders can simply log in to the Nexo Mobile App... […]
Blockstream Hash Rate Enough to Concurrently...
by Dalmas Ngetich on Agosto 10, 2019 at 16:30
The Canadian startup, Blockstream, has launched a service named "Blockstream Mining." In full capacity, they will command about 6 EH of the BTC mining power. […]