Ethereum News

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. Ethereum also provides a cryptocurrency token called "Ether", which can be transferred between accounts and used to compensate participant nodes for computations performed. "Gas", an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network. Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher, and programmer. Development was funded by an online crowdsale that took place between July and August 2014. The system went live on 30 July 2015, with 11.9 million coins "premined" for the crowdsale. This accounts for approximately 13 percent of the total circulating supply.

Ethereum Symbol: Ξ Ethereum Ticker: ETH, Ether

The decline of Cryptokitties resembles that of Pokemon Go

Once it has reached its launch, CryptoKitties has steadily lost its rhythm, showing that you are not talking about NFT token is not the new madness. Not long ago, Pokemon Go suffered a similar fate. All those who have been involved in the crypto world six months ago can undoubtedly remember the hype above CryptoKitties. Digital pets were unique at the time because their existence was also unique, no one...

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The Internet Archive sees large donations from Vitalik Buterin and the Pineapple Fund

Vitalik Buterin, last week, donated 100 Ethereum to a digital media charity. At the current prices, this is equivalent to 93,469 million dollars, but the charity will get 186,938 million dollars as the Pineapple Fund matches all donations up to a million dollars. The consignee of cryptocurrency philanthropy was the Internet Archive, a non-profit digital library that aims to give general access to all knowledge. 15 petabyte databases it contains three...

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Ethereum Vitalik Buterin Founder: Traditional assets are the safest bet for saving lives

The veteran of Blockchain, Vitalik Buterin co-founder of the Ethereum network behind cryptocurrency no. 2 by ETH, is a realist. When last year could have placed cryptocurrencies on the map, Vitalik Buterin brings the risk/reward profile. He does not want investors to have false illusions regarding the turn-of-the-sky without identifying any risk. Meantime, the ETH value has raised approximately 40% since February 5. Vitalik Buterin has turned to Twitter, which...

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Ethereum Classic Price Surprises Amid Turbulent Markets

Ethereum Classic recorded an increase of at least 35 points on Tuesday, marking the downward trend in the global market and raising the ETC to its highest level in January. Barry Silbert, the founder of the Digital Currency Group DCG, wrote on Monday. DCG, of course, is the parent company of Grayscale Investments, which has built a fund that owns ETC on behalf of fund shareholders. If you’re not watching...

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History of Cryptocurrency Minor Records such as Bitcoin and Ethereum Fall 10%

In just 24 hours after it recorded massive earnings and reached a maximum of 450 billion dollars, the cryptocurrency market declined, marking a minor correction. Significant cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash and Ripple, all fell by over 10%. In a period of extreme volatility, the vast preponderance of market cryptocurrencies tends to follow the trend of two large cryptocurrencies: Bitcoin and Ethereum. This morning, the value of both Bitcoin...

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Chinese Internet Giant Baidu Launches CryptoKitties-Style Game Leci Gou

The search engine Baidu started a CryptoKitties-style blockchain in an attempt to challenge the traditional and lucrative game for supremacy on the Chinese market. Baidu Launches CryptoKitties-Style Game Leci Gou The application, called Leci Gou, offers puppies instead of kittens, but the concept will be quite familiar to CryptoKitties users. Visitors can adopt digital pets, per head with unique physical attributes that define its rarity and price. Owners can breed...

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Huobi Launches the Standard-Ethereum Token, although it’s not an ICO

Huobi, one of China's former big three markets, has begun issuing its symbol, insisting at the same time that it is not an ICO. Beijing Huobi announced the launch of its token, now called Huobi Token (HT). The efficiency token is based on the EREC-20 standard of the Ethereum blockchain and will be limited to 500 million chips. Huobi Token, short for HT, is a token system based on the...

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How To Install Latest Ethereum Node on Ubuntu 16.04

Install Packages   sudo apt-get -y update && sudo apt-get -y upgrade sudo apt-get -y install git curl npm nodejs Install Geth sudo apt-get -y install software-properties-common sudo add-apt-repository -y ppa:ethereum/ethereum sudo add-apt-repository -y ppa:ethereum/ethereum-dev sudo apt-get -y update # sudo apt-get -y install ethereum Run Geth to syncronize the blockchain Install screen packages sudo apt-get update && sudo apt-get install screen -y Make a bash nano ~/geth.sh And add...

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Crypto Market continues to struggle with Fiasco in South Korea

Cryptocurrency markets continued to fight this weekend against the slowdown caused by a South Korean counterfeit announcement last week, as the first ten currencies recorded half-year-over-half losses over the past 24 hours. Among the principal 15 currencies, NEO, ranked 11th, managed to escape with a 0.56% gain, while ICON's 15th place saw an increase of 15.56%. While the market returned quickly after rumors of the ban on trade with cryptocurrency...

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Ripple Price Plunge 20%, however, Ethereum continues to grow in the Shaky Market

Cryptocurrency' markets made a sudden move on Wednesday, bringing 9 of the top 10 cryptocurrencies in negative territory. The Ripple value hit the blow and dropped 20% to sink under the 2 USD mark, but XRP did not isolate the damage. Meanwhile, Ethereum continued to reach a record level, despite the weaker performance of broader markets. In total, the combined value of all cryptocurrencies has raised more than 28 billion...

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