Ether, the Fuel of the Ethereum Project, Is Available for Pre-Order
Ethereum announced the beginning of its 42-day presale for Ether, the crypto-units which will fuel its distributed application software platform. Ethereum will acquire the Ether through a premine. Due to the controversial nature of premines, Ethereum will likely face competition from forks once the project source code is released. Ether, the Fuel of the Ethereum Project, Is Available for Pre-Order. Earlier today, Ethereum began its official 42-day Ether presale. The developers are selling the Ether through a fixed-price model. Initially, 1 bitcoin will purchase 2,000 ETH, but that number....
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Dr. Greg Colvin who works on the Ethereum Virtual Machine has identified a key factor that distinguishes Ethereum from Bitcoin and a number of other altcoins. Speaking on the implications of Ethereum on society in an interview shot at the Devcon 2 conference, he said there exists a factor that makes Ethereum more than just a form of money: “For me and for a lot of people, Ether is just what makes Ethereum run. We don’t really care if it is money. I don’t care day to day what the value of Ether is. Whether it goes up or down, it’s just the fuel that runs the machine. What’s interesting are....
A documentary project called “Ethereum: The Infinite Garden” has raised 1,036 ether to complete its fundraising proposal. The project will use these funds to finance the first feature-length Ethereum documentary, that will cast members from the community and key individuals from the Ethereum Foundation, including Ethereum co-founder Vitalik Buterin. The initiative aims for a 2023 release. ‘Ethereum: The Infinite Garden’ Documentary Project Gets Funded “Ethereum: The Infinite Garden,” a project that aims to produce the first documentary about how the....
After three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent 145,000 ether worth just over $276 million using today’s ethereum exchange rates.
Mega Ethereum Whale Distributes 145,000 Ether to 9 Different Addresses
On August 14, 2022, onchain data indicates that a whale who participated in the Ethereum Genesis ICO has moved 145,000 ETH to various addresses. The funds were worth $276 million using current ETH exchange rates. It was the first time the Genesis....
Yesterday, at midnight (CEST), Ethereum launched the presale of its much-anticipated, platform-specific altcoin, ether. The surprise announcement caused something of a stir in the community and the response has been extremely positive, with over 7 million ether (ETH) sold after approximately 12 hours. Switzerland-based Ethereum and The Ethereum Project have made headlines this past year as potentially exciting examples of 'Cryptocurrency 2.0', a term that refers to new applications built upon block chain technology. Ethereum is both a platform and a programming language that is aimed to....
Paul aka Paul_btc, a crypto analyst and expert, says Ethereum is not holder friendly but perfect for trade. In fact, his contention is backed by the large quantity of Ether issuance in a day. Building on his assertion, Paul adds: "Let’s take a look at the daily issuance of ETH tokens. It is quite a lot, and it doesn't decrease. So basically to maintain the price of the market there has to be buying those amount of coins daily." Ether as the crypto fuel that powers the distributed application on the Ethereum platform which at the moment essentially has no use, he contends:....