Ethereum Social Sentiment Surges as Staking Starts
All eyes have been on Bitcoin today as it reaches its highest price for almost three years, but Ethereum is
Ethereum News and Updates
Ethereum is a blockchain-based platform that allows developers to build decentralized applications (dApps) using smart contracts.
These are computer codes that facilitate the exchange of money, property, shares, content, or anything that has value. It’s pre-programmed and predefined, meaning that once the trigger conditions are executed, the result manifests automatically.
Ethereum has a native cryptocurrency, which is called Ether (ETH). ETH is currently the second-largest cryptocurrency by market cap.
The project’s whitepaper was published back in 2013 by Vitalik Buterin, Ethereum’s Co-Founder. In January 2014, Ethereum began the official development of the platform. A few months later, in August, the team managed to raise $18.4 million through a token sale. The ETH token was released during the summer of 2015.
Like Bitcoin, Ethereum was initially developed to work using the Proof-of-Work (PoW) consensus algorithm. However, the team is working to transition to Proof-of-Stake, which is supposed to take place in 2020.
Recent Ethereum News
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Costly Mistake: Someone Paid $9,500 in Fees for an ETH Transaction Worth $120
The Ethereum network has seen yet another high-fee transaction as a simple human error resulted in a fee 79 times
The Associated Press Has Leveraged Ethereum For Recording US Election Data
New York-based 174-year-old, non-profit news agency, The Associated Press, has been publishing their calls for the US Presidential election on
Will Ethereum 2.0 Deposit Contract Release Help ETH Outperform Bitcoin Again?
Vitalik Buterin announced the launch of Ethereum 2.0’s deposit contract a couple of hours ago. ETH prices responded positively to
Australia’s Reserve Bank Partners With ConsenSys Over An Ethereum-Based CBDC
By partnering with three major financial organizations and ConsenSys, Australia's central bank will look into the merits of launching an
Kava CEO Brian Kerr: DeFi Will Escape Ethereum’s Dominance In 2021 (Exclusive Interview)
DeFi will breakout of Ethereum's grip due to current network issues, while the sector becomes even more cross-chained in nature,
ETH Spiked 50% On Binance, Just To Crash 50% Immediately After
ETH's price went on a wild ride yesterday. The cryptocurrency wicked to a high of $571 on Binance's perpetual contract
Bitcoin-Friendly Avanti Receives License to be The Second Crypto Bank in The US
Avanti Financial Group is following Kraken's steps and now is the second crypto company to get an official banking license
Correction? $15 Billion Evaporate from Crypto Markets as Bitcoin Loses $700 in Hours
Following an impressive rally that almost took Bitcoin above its 2019 high, the market is currently going through a massive
SEC Director Who Said Ethereum is Not a Security Leaving the Watchdog
After working for the growth of the fintech ecosystem and better regulations towards decentralized and digital assets, William Hinman is