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.
Reese Witherspoon is the newest celebrity who has entered the thriving cryptocurrency sector by making her first ETH purchase.
The revealed interface showed two possible options: users would be able to send and receive tips via the Tip Jar feature on a Bitcoin or an Ethereum address attached to their profile.
Cardano is highly anticipating the launch of smart-contract capabilities on its network. This would allow it to rival Ethereum and other crypto assets that already have these capacities.
Gamestop (GME) stock rose only a little bit in the pre market trading as news of a possible NFT platform on the Ethereum blockchain swept through Twitter.
The Ethereum (ETH) price rally comes amid strong on-chain fundamentals and depleting exchange reserves. The London hard fork has also fueled the bull run.
According to Pal, the high demand experienced in the Ethereum ecosystem coupled with the burning recently introduced through the EIP-1559 upgrade will fuel Eth to a new ATH.
The latest fundraising led by Lightspeed Venture Partners pouts Offchains Labs into the league of unicorn startups as valuations move past $1.2 billion.
The activities signaling the bull run include increased network activities between both digital currencies, and the increase in the transaction value in the two blockchains.
Ethereum burning goes strong post the EIP-1559 activation last week. Here’s a look into how much it has really impacted the miner revenue.
Venmo credit cardholders can now buy crypto including BTC, LTC, ETH, and BCH, using cashback from other purchases, depending on purchase category.
Mike McGlone noted that Bitcoin would soon catch up with Ether’s performance amid rising institutional adoption and strong accumulations by the whales.
The duo of Bitcoin and Ethereum has a unique price correlation that sees a slip in one asset rub of on the other and vice versa.
Yesterday’s activation of the London Hard Fork has heightened the faith of ETH holders in the crypto holders and its founders have set eyes on a new goal, which is the possibility of a merger with ETH 2.0. Vitalik Buterin, a co-founder of the cryptocurrency, made this known following the huge success recorded after the […]
Token burning is gradually becoming a vital phenomenon in the digital currency ecosystem, and it is set to place the Ethereum coin as a deflationary asset.
With just 24-hours left for the upcoming London hard fork, the ETH community eagerly awaits the exciting changes it will bring to the network.