What is Ethereum?
Ethereum is a worldwide network of interconnected computers (nodes) that enforce, execute and validate programs in a decentralized manner without requiring a server, memory, CPU power, or any other computing function, as it is all provided by thousands of ethereum nodes scattered across the world. In short, ethereum is a global computer. This global computer allows applications, called Decentralized Apps or DApps, through the use of smart contracts – simple javascript like code – to run exactly as they have been programmed, requiring no permission, having no intermediary, in a largely....
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Ethereum Classic is all set to get a hard fork of its own soon to counter the sustained DOS attack. Ethereum Classic is on its way to get a hard fork in the next two days. Ethereum recently split into two blockchains following a hard fork introduced by the Ethereum development team a few months ago. The hard fork resulted in two versions — Ethereum (ETH) and Ethereum Classic (ETC). While Ethereum continued to operate on the new fork, a portion of the cryptocurrency community decided to continue with the original Ethereum blockchain, calling it Ethereum Classic. Ethereum recently came under....
Ethereum and Gold, may not be comparable with each other, but they can definitely work well together. Ethereum has been performing really well as a cryptocurrency in the past few months. The number of trading platforms offering Ethereum as an option is increasing due to increased demand among the traders. The volatility associated with Ethereum has been one of the major factors driving the cryptocurrency’s demand. But, what is more interesting is the fact that Ethereum is not a digital currency like Bitcoin or Litecoin or even Dogecoin. The whole purpose behind Ethereum is completely....
Aron van Ammers, Chief Technology Officer and Founder of BlockStars.io, visited the first day of the Ethereum Devcon1 and gave Cointelegraph his view of the most important problems, discussed there. We give you the text as it is. The focus of the first day of the fully booked Ethereum Devcon1 was focused on research: the future of Ethereum and related technologies. The current live version of Ethereum Frontier, is an early version of Ethereum 1.0. The focus of today's sessions was Ethereum 2.0 and beyond. The 300 attendees of Devcon1 immersed in ideas about what is yet to come. If Ethereum....
In reply to yesterday's announcement of Ethereum cloning by Counterparty, Ethereum's co-founder Joseph Lubin commented on a Reddit discussion. He said: "Ethereum will ultimately (March 2015 release scheduled) be more general, elegant and powerful. Ethereum, when released, will be 100% feature-free. Instead of providing a handful of hard-coded features, Ethereum is a decentralized application programming, deployment and utilization platform which will enable developers to build any 'features' they can conceive of." Lubin quoted Ethereum CCO, Stephan Tual, who said: "It went from 'ethereum....
The debate about whether Bitcoin and Ethereum are rivals rages on. Well, they are not and for obvious reasons. If you ask anyone about the top cryptocurrencies at the moment, the answer will definitely be Bitcoin and Ethereum, followed by Ripple, Litecoin, Dash and so on. Most of them will also say that Ethereum will kick Bitcoin’s butt in the near future, thanks to its rapid growth. They are convinced that Ethereum is the currency of the future. But what are they missing? For starters, both Bitcoin and Ethereum are two sides of the same coin. One you call ‘heads’ or ‘tails’ when it’s....