Vitalik Buterin applauded the successful launch of various Layer 2 solutions on Ethereum, saying that “the initial deployment of Ethereum’s
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
The value of ETH stored on its own Ethereum blockchain has been continuously decreasing in the past year, new research
An interesting and certainly education Reddit thread surfaced today, showing the importance of being extra careful when it comes to
By examining numerous aspects of the Ethereum network since its launch in 2014, a cryptocurrency research firm concluded that the
Zilliqa (ZIL) gained almost 35% in the past 24 hours, marking a delayed reaction for a coin, which was subject
Despite Ethereum’s price nosediving by over 85% from the all-time high levels reached in January 2018, the interest in the
The rollout of Ethereum 2.0 is set to arrive in installments, with the first milestone expected some time around Q3
Maker DAO just received an influx of almost 2,500 Bitcoin in the past 48 hours, as the number of Wrapped
Twitter saw the return of Vitalik Buterin vs. Justin Sun on May 19. The respective founders of Ethereum and TRON
The popular forum-based social media platform, Reddit, recently announced that it has started to test two types of Community Points,