KB Topic Ethereum

Ethereum is a second generation cryptocurrency initially designed and developed by Vitalik Buterin.

While most cryptocurrencies simply forked the original Bitcoin source code, modifying the hashing algorithm or adding simple features on top of the BTC base, Ethereum on the other hand introduced a whole new layer of sophistication into crypto: the Ethereum Virtual Machine.

The EVM is capable of running fully decentralized applications (dApp's), which is a major step forward from Bitcoin's very simple stack oriented scripting language. Where Bitcoin is only capable of doing simple computations via its scripting system, Ethereum can run complete applications on a distributed worldwide virtual computer.

Based on Cryptocurrency Knowledge Base Topic ethereum
Ethershift: Decentralized Ethereum token exchange
Ethershift is a service that allows users to quickly and easily exchange between different ERC20 tokens at the market rate minus a fee, without having to go through the hassle of signing up at an exchange, or learning how to use a decentralized exchange like IDEX. Decentralized exchanges like IDEX are amazing, however a lot of average crypto currency investors feel like they are too complicated, and therefore a lot of great  projects never get the exposure they deserve. Ethershift is making the process o...

The Ethereum EVM computing cost is absurd
As cryptocurrencies mature, the promise of a worldwide distributed ledger and computing platform is now taken for granted by businesses around the world. Billions of dollars were raised in ICOs which leverage Ethereum's computing platform. Contracts are no longer seen as a marvel, but instead form the core of several successful business ventures. Ethereum's true difference from Bitcoin is a Turing-complete contract language called Solidity. This was the major improvement that marked the transition from s...

Why the "fast" Ethereum sync is so slow
Why is the geth sync slow? We keep hearing this question again and again from ETH node owners. Users have been complaining forever now about the notoriously slow geth sync on the official Ethereum wallet. Some even question the level of decentralization of a cryptocurrency which requires several hundred gigabytes of hard drive space and which may take weeks to fully sync with the rest of the network. While geth syncs, full Ethereum node admins may end up seeing a screen such as this one for a ver...

ELI5: Ethereum, Gas, Gas Price, Gas Limit, Smart Contracts
To those familiar with Bitcoin, Ethereum can seem like a confusing mess. Bitcoin is very straightforward. Transaction fees are paid in the same currency and unit as the main currency itself. There is a very limited programming language embedded in Bitcoin, it cannot implement very sophisticated contracts and, overall, it's a very simple system that efficiently assembled previously existing cryptographic research into the innovative cryptocurrency we know today. (Perhaps its simplicity is key to why Bitcoin ...

ELI5 Ethereum
Whitepaper from 2013 published by Vitalik Buterin Released in 2015 Mineable via Proof of Work Mining or Minting algorithm: Keccak (SHA-3) Maximum / Circulating Coins: Uncapped / Current supply 97,017,191.75 (Dec 13, 2017). History Ethereum was released in 2015 as a second generation cryptocurrency. It added a powerful smart contract language with binary code stored in the blockchain along with transactions. This language, Solidity, allows for the development of smart contracts, which are sel...

What Is Ethereum Gas & How It Makes ETH Blockchain Efficient
The Ethereum blockchain requires Ethereum gas to keep itself running in the same way that a car needs gasoline to keep the lights on. All transactions on the Ethereum network cost a certain amount of gas, depending on the current demand for gas and the size and speed of the contract one is trying to execute. In this sense, running transactions over the Ethereum network is like driving a car; if you do not use enough gas, the transaction will not find its way from one party to another. Gas in itself is an extremely important innovation in the blockchain community. It not only improves the efficiency of Proof of Work, but it also creates a more fair and transparent space in mining in its implementation as a Proof of Work blockchain system. If none of this makes sense at first glance, fear not; we will explain Ethereum gas by starting from the basics and building up the terminology from there. We will elaborate on Ethereum gas as an innovation, and we promise that if you read this article closely, you will find yourself acquainted with all of the necessary knowledge and terms to explain what gas is to all your peers!
January 17, 2019 4:17 PM


Ethereum Based BAT ICO Raises $36 Million in 30 Seconds to Disrupt Advertising
The latest token sale on ethereums network is over almost as quickly as it started. The Basic Attention Token from Brave Browser raised some $36 million worth of eth in around 30 seconds. Some managed to get through with just ten eth, but the majority went to big investors, with the largest sum sent being more than 20,000 eth, currently valued at around $4.7 million. The second biggest isn't far behind, sending around $4 million, with two more following at around $2 million and a lot more at around $1 million, giving BAT a total number of 190 token holders. That makes it one of smallest amount of token holders so far and the quickest ICO sale at this level of funding, a fact which may raise questions on how such sales should be slowed down so that everyone can have the opportunity to buy a portion.

Cardano (ADA) Vs. Ethereum (ETH): Blockchain Security Battle | Oracle Times
Ethereum is the lead-tech delivering platform in DApps, Smart Contracts, and ICOs and it definitely deserves its second place after Bitcoin in the crypto space. The race is becoming more and more tensed because other cryptos are evolving pretty fast. One example is Cardano (ADA) which has been taking the spotlight in the community for quite a while and on a daily basis. Cardano's founder Charles Hoskinson received just recently and of course, also accepted an invitation by Google to place its tech advancements on the table for a potential partnership that would support both parties. This is only one news that placed Cardano in the spotlight again.

White Hat Hacker Finds Major Vulnerability in Ethereum DApp Augur - Toshi Times
Dan Morehead, founder, and CEO of the $1 billion crypto hedge fund Pantera Capital management, said a while back that Augur was his favorite coin. Augur became insanely popular during the FIFA world cup, but a white hat hacker found a vulnerability. Augur was one of the very first Initial Coin Offerings on the Ethereum platform and is a decentralized prediction platform where a person can purchase shares depending on the outcome they think will occur. Augur had a fantastic start being one of the most successful ICOs at the time raising almost $5.5 million in 2015. At one point, you could even gamble of the murder of Donald Trump.

Buy The Dip Ethereum Sees Gains After 2 Week Slump - Crypto Daily
Me: obviously, let's be realistic, the entire world wealth is not going to turn into cryptocurrencies... The most revolutionary invention in modern finance is being celebrated this week by cryptocurrency fans for its 10th-year anniversary. Bitcoin Art (r)evolution is a crypto-art exhibition in Paris that lasts through the first week of October and it showcases Bitcoin (BTC) inspired artistry from contributors all More people than ever used cryptocurrencies in 2018, and at BitStarz, Bitcoin, Ethereum, Dogecoin, Bitcoin Cash and Litecoin wagering went through the roof! One player won $206,551 on a single Book of Aztec spin. Maybe not enough to make Satoshi Nakamoto jealous, but nevertheless a super win!

Google CEO's 11-Year-Old Son Has Been Mining Ethereum | CryptoGlobe
Sundar Pichai, the CEO of Google LLC who has a net worth of $1.2 billion and annual salary of around $200 million, has discovered that his 11-year-old son has been mining Ethereums native token, Ether (ETH). According to Pichai, he had been discussing how bitcoin (BTC) works during a family dinner and his son interrupted the conversation to tell the Google executive that his explanation might not be accurate. Pichai's son pointed out that his father was actually talking about what Ethereum does. This is when the Google CEO's son revealed that he was mining ether. Notably, the 11-year-old said he had been using a regular computer, and not a specialized server or custom ASIC, to mine the digital currency.

Can the Ethereum [ETH] Uptrend Continue Resistance Approaching...
Ethereum [ETH] technical analysis for 3rd of January 2018. After Ethereums bullish start to 2019, we analyze whether Ethereum is likely to continue its recent uptrend. Ethereum has had a bullish start to 2018. It has reclaimed its position as the largest altcoin by market cap after outperforming and overtaking Ripples XRP. Price action has been trading in a steep uptrend. Buyer momentum has also been increasing with both the daily MACD and RSI increasing. Price is currently trading around $150, almost double its 2018 low which was formed last month around $80. The downward movements in Ether accelerated in mid-November when Ether broke below $170.
January 03, 2019 12:04 PM


Video - Ethereum Now Most Secure Blockchain, New EEA Members
Ethereum Price surge, New EEA entrants, and Ethereum is now the most secure blockchain. The price of ether skyrocketed with capital influxes from South Korea. Ethereum practically gained 50% in a day and reached as high as $240.

The Future of Ethereum Part 2: Casper, Sharding and eWASM | CryptoGlobe
In Part 1, we covered everything you need to know about the Ethereum ice age, the difficulty bomb, and the changes to Ethereums inflation rate set to come with October's Constantinople update. Now that you have a firm grasp of Ethereum's current development status and plans for the immediate future, we can take a look at the platform's long-term plans, particularly Ethereum's long-awaited 2.0 update, which focuses on Casper, sharding, and eWASM. The most anticipated part of Ethereum 2.0 is likely the platform's long-awaited proof of stake (PoS) algorithm, Casper. Ethereum's transition to proof of stake has been prompted by two main concerns: energy waste and mining centralization.

The Future of Ethereum Part 1: The Ice Age is Coming | CryptoGlobe
The Ethereum Ice Age is coming, but there's no need to be alarmed. Despite the ominous name, the ice age is nothing to fear, nor is the related difficulty bomb set to blow up the network. In fact, both the difficulty bomb and the ice age are tools created by the Ethereum development team that will play a key role in implementing Ethereum's next major development update: Ethereum 2.0. In Part 1 of this two-part series on the future of Ethereum, we will cover everything you need to know about the Ethereum ice age and the difficulty bomb. You will learn what these development tools are, why they were created, and why they have been in the news recently.

What is Ethereum The Most Comprehensive Beginners Guide
If you want to know what is Ethereum, how it works, and what it can be used for, without going deep into the technical abyss, this guide is perfect for you. Important Note: This guide assumes a basic understanding of blockchain technology. If you're unfamiliar with blockchain, check out this step by step introduction for beginners. Beyond Bitcoin & first generation decentralized applications Although commonly associated with Bitcoin, blockchain technology has many other applications that go way beyond digital currencies. In fact, Bitcoin is only one of several hundred applications that use blockchain technology today.

Proof of Work vs Proof of Stake: Basic Mining Guide - Blockgeeks
Proof of Work vs Proof of Stake: Recently you might have heard about the idea to move from an Ethereum consensus based on the Proof of Work (PoW) system to one based on the so-called Proof of Stake. In this article, I will explain to you the main differences between Proof of Work vs Proof of Stake and I will provide you a definition of mining, or the process new digital currencies are released through the network. Also, what will change regarding mining techniques if the Ethereum community decides to do the transition from work to stake? This article wants to be a basic guide to understanding the problem above. If you are looking for a more detailed walkthrough, please check out our blockchain courses on Ethereum.

UBS: 'Lack of Stability' Preventing Bitcoin Going Mainstream - Ethereum World News
Bitcoin (BTC)One of the world's largest investment banks has commented upon the rise of cryptocurrency, and found fault with the scalability and price volatility associated with Bitcoin. The Union Bank of Switzerland, an investment bank and financial services company, has joined the list of Bitcoin detractors who point out the obvious flaw with the currency: price volatility will continue to repulse the average person from using it as a form of money. As reported by CNBC, UBS strategist Joni Teves wrote in a letter to clients that Bitcoin should not be considered a legitimate asset class. The strategist warned that increased regulatory support is still warranted, and that technical hurdles related to scalability continue to prevent the coin from going mainstream. In addition, he also found fault with the price volatility'a refrain that has become common in and outside of the industrythat makes Bitcoin difficult to use as a regular currency,

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