Eight Months Since Release, Ethereum Is Second Only To Bitcoin
Launched in July 2015, the Ethereum coin includes a programmable smart contract platform and now ranks the second most expensive cryptocurrency after Bitcoin. More people are joining the train. Cointelegraph investigated the reasons behind Ethereum performing so well in price after only eight months of existence. “Application developers are seeing that the Ethereum platform is a very powerful technology that offers advantages in a very broad set of areas. There has been a lot of interest in Ethereum applications over the last few months; particularly in January the number of individuals....
Related News
The first live release of the Ethereum project called “Ethereum Frontier” was released this week, but leaked communications between developers suggest that the project’s future may be under question. The frontier release focuses on command line tools, which allow developers to load and execute contracts and send ethers to each other on the Ethereum blockchain. Users and developers may also create a tradable digital token that could be classified as a currency or an asset. The “currencies” on the Ethereum blockchain utilize a standard coin API, which enables contracts to be automatically....
You could hear a pin drop at the recent Toronto DEC_TECH conference as Vitalik Buterin told a standing-room-only crowd about his remarkable journey to build Ethereum - a decentralized open source peer-to-peer web-based platform - that he calls "the foundational platform for everything." Buterin has been called a "crypto-anarchist visionary," and at the age of 21 he has already beat out Facebook's Mark Zuckerberg to win the World Technology Prize for software development and invented the Ethereum blockchain. At the DEC_TECH event, Buterin shared his "Launch Roadmap" for the release of....
Despite the hurdles facing the platform, the Ethereum network could end up emerging stronger and accomplish the milestones it set out to achieve in 2017, especially those related to smart contracts. Vitalik Buterin, co-founder of Ethereum, in his paper “Opportunities and Challenges for Private and Consortium Blockchains” released by the R3 Consortium earlier this year, highlighted some of the milestones, which include: Serenity (‘Ethereum 1.5’): the release of the proof of stake (Casper) version of the Blockchain, also including Ethereum Improvement Proposals (EIPs) 101 and 105. Expected....
Homestead, Ethereum’s second release, has moved the cryptocurrency beyond Beta. Experts told Cointelegraph that as a result it has improved its overall performance and encouraged more adoption by exchanges and developers. A step further from the Frontier. Ethereum has shown a pronounced growth within the world of Crypto. The first release of Ethereum named Frontier proved to become a formidable player within the industry, “Probably they will announce lower recommended confirmations for transactions. This is huge!" The release of Homestead has resulted in some significant shake-up. As we....
While critics have long taken aim at ethereum for a lack of production projects, a new wave of decentralized applications (or 'dapps') is making notable progress. Over the last few months, a number of long-anticipated ethereum projects have entered alpha and beta, including uPort, which aims to hand users more control of their online identity, and Akasha, a social media app that's been two years in the making. And some brand new applications have emerged, too. Aragon, for example, debuted last Friday with the goal of helping anyone launch their own DAO (an autonomous, blockchain-based....