Ethereum News Today
Ethereum is a public blockchain network that gave rise to the most popular altcoin; ether (ETH). The Ethereum platform was developed by Russian programmer Vitalik Buterin in July 2015 and it features smart contracts as well as an open-source nature that avails its users the choice of designing their programs without the interference of third parties or middlemen.
Ethereum’s Ether (ETH) was built on the ERC-20 protocol and it is ranked the 2nd digital currency based on market capitalization which currently stands at over 18.8 trillion USD. The coin serves as the network fees to miners on the Ethereum platform.
On its launch in 2015, there were 72 million ETH tokens pre-mined after its ICO raised over 16 million dollars in 2014. On 13th January 2018, ETH reached an all-time high of over 1,432 USD. Few months after its launch in 2015, ETH’s price dropped to its all-time low of 0.4209 USD on 21 October 2015.
Eth News
Interestingly, users can also create their custom tokens on the Ethereum blockchain network. This unique feature as seen the platform often referred to as the leading decentralized Apps (dApps) and smart contracts platform. Decentralized Apps are run and implemented precisely as programmed after it is set out on the Ethereum network; this makes it hard to censor and reduces their vulnerability to attacks. Ethereum emphases on running software design codes of dApps.
When it comes to decentralized finance in the dApps industry, Ethereum boasts of leading all other blockchain platforms in the number of applications developed. Ethereum has made significant attempts to solve the scalability issues in the crypto space in recent years and appears to be making progress in that regard.
Stay up to date with the latest ethereum news and information on Coinspeaker as we bring you breaking news on ethereum price, market capitalization, wallets, dApps, smart contacts, and its blockchain.
Nomura Research Institute’s cybersecurity subsidiary revealed its new security tool called “Blockchain Security Monitoring Service” and confirmed its partnership with ConsenSys.
A Californian student thought that he had the run of his life last year by turning his small $5,000 investment into cryptocurrency to $880,000 in December 2017.
BancorX is an open-source protocol which can be used by anyone like decentralized applications, exchange operators, services at no cost.
Bitcoin descended further from 17th in the September edition to 19th spot in October, according to the Global Public Blockchain Technology Assessment Index, published by the China Electronic Information Industry Development (CCID).
MetaMask, the most popular Ethereum and ERC20 standard wallet developed by ConsenSys, has released its mobile client at this year’s DevCon.
This year’s Ethereum developer conference, Devcon4 ended with all the conference speakers singing about five years of failed ideas during the Ethereum research.
By Thu Nov 1, Ether is still under bearish pressure, while the activity is at its lowest, according to Dmitriy Gurkovskiy, Chief Analyst at RoboForex.
After finding multiple bugs in the code released on the Ropsten testnet, the developers have now decided to postpone the mainnet release.
The San-Francisco based company for digital signature services continues to embrace the modern technologies tweeting the Ethereum blockchain will be integrated into a contract verification process.
Ethereum’s Constantinople hard fork was tested on the Ropsten network and faced consensus issue. The developers are trying to solve the problem, but the hard fork is unlikely to be activated this year.
In a conference call meeting on Friday, Ethereum software clients confirmed that the Constantinople hardfork is ready to be implemented on the Ropsten network on Sunday, Oct 14.
After an american economist Nouriel Roubini labeled Ethereum founders as thieves and scammers, Vitalik Buterin provided detailed information on all his holdings and trades.
Ethereum core developer Alexey Akhunov has proposed to launch a separate temporary testnet on Ropsten and resolve all the code issues while postponing the main implementation.
Ether has been going down over the last 3 days. On Wed Oct 3, the crypto is losing 3.4 % and is trading at $218.19, says Dmitriy Gurkovskiy, Chief Analyst at RoboForex.
Although Ethereum has been in a bearish trend this year, most of the largest ICO projects have managed to sell as much ETH as they raised, remaining unaffected by its price decline.