Cryptocurrency Market Capitalizations Ethereum

1Ethereum details

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.

CryptoFunding Contest

Check out the latest winners and take part in the contest

Ethereum World News Ethereum & Bitcoin Blockchain News

  • Trader: Bitcoin (BTC) Could End 2019 At $10,000
    by Nick Chong on Aprile 20, 2019 at 2:00

    Bitcoin Could Hit Quintuple Digits By Year’s End Anatoly Radchenko, a traditional stock trader turned Bitcoin investor, recently appeared on Ivan On Tech’s crypto-centric Youtube channel to express his thoughts on recent movements in this... The post Trader: Bitcoin (BTC) Could End 2019 […]

  • Analyst’s Forecast: Bitcoin (BTC) Could Rally...
    by Nick Chong on Aprile 20, 2019 at 0:44

    Bitcoin May Break Past $5,350 In The Coming Week, Rally Further Over the past seven days, Bitcoin (BTC) has expressed an uncharacteristic lack of price action. In fact, since April 16th, BTC has ranged between... The post Analyst’s Forecast: Bitcoin (BTC) Could Rally To $5,800, Then Collapse […]

  • Now You Can Have your Game of Thrones Crypto...
    by Jose Antonio Lanz on Aprile 19, 2019 at 20:38

    If you like Crypto and you are also a fan of the popular Tv Series Game of Thrones, then… What a time to be alive. A startup has created the first set of crypto collectibles... The post Now You Can Have your Game of Thrones Crypto Collectibles appeared first on Ethereum World News. […]

  • Dash Integrated by WisePass Sampling Network to...
    by Alex Korwin on Aprile 19, 2019 at 18:30

    WisePass, a service that provides users with samples of goods or services at different venues in different parts of the globe, has integrated Dash, increasing its adoption Despite the current bearish market, crypto adoption keeps... The post Dash Integrated by WisePass Sampling Network to Enhance […]

  • Crypto Regulations: The New Focus of The G20 and...
    by Jose Antonio Lanz on Aprile 19, 2019 at 17:56

    The ecosystem of crypto currencies and blockchain technologies has grown so much that it has already become a matter of political strategy in different parts of the world. Despite the opinion of many anarchists, government... The post Crypto Regulations: The New Focus of The G20 and a Presidential […]


FTADirect offers you the latest news on Bitcoin (BTC), Litecoin (LTC), Dash, Ripple (XRP), Ethereum (ETH), Monero (XMR), ZCash (ZEC) and more crypto values, blockchain and analysis on the future of money, from around the world.

FTADirect connects the global community with daily news dedicated to the world of cryptocurrencies.