Ethereum May Spring Surprises in 2017
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....
Related News
As bitcoin surpassed its 2017 all-time high on Monday morning, a few hours later 5,045 BTC or $97 million worth of bitcoin from the 2016 Bitfinex hack was transferred. The hackers that stole the funds four years ago have moved the bitcoins numerous times this year. The hackers that stole 119,756 BTC from the cryptocurrency exchange Bitfinex on August 2, 2016, have moved a number of stolen coins in 2020. The coins that were taken over four years ago are now worth around $2.3 billion using today’s exchange rates. Following the Bitfinex hack, the breach crippled trader confidence that....
PRESS RELEASE. 12th May, 2021, San Francisco, California — Spring (formerly Teespring) and Bondly, premiere NFT solutions provider that empowers the next generation of NFT creators, announced today their new partnership to enable Spring’s platform for creators to sell both digital and physical product creation, unlocking a new wave of digital potential for the creator economy. Content creators will use Bondly technology on the Spring platform to create, mint and market NFTs. In addition, Bondly will provide expertise to develop new digital experiences between creators and....
Bitcoin will always experience highs and lows, but how do investors reliably combat any market downturns? Weathering crypto stormsOne crypto seasonality solution exists in the form of continually accumulating assets.While there might be multiple solutions to crypto seasonality, one crypto startup, Seasonal Tokens, is developing a potentially safer alternative to traditional trading methods. Seasonal Tokens are designed to rise and fall over the course of nine months, hoping to provide investors with a more stable alternative to Bitcoin’s downtrends.The project breaks up its tokens into the....
CoinDesk is thrilled to welcome back Deloitte as a title sponsor for Consensus 2017, our third annual blockchain technology summit. Deloitte is one of the world's largest professional services firms, working with 90% of the largest financial institutions across its audit, tax, consulting and advisory businesses. Its blockchain team has invested substantial time and energy in evaluating the potential for this new technology to introduce new opportunities for its clients, and those investments will be on full display again next spring in New York City. Eric Piscini, principal at Deloitte,....
Ethereum’s growth was temporary. The reason for that was a significant resistance in the form of accumulated volume of sell orders. When will this protracted flat end? Results of the summer. This summer started with many people deciding to buy Ether. An exit from a flat, which has been forming during the entirety of spring, should have led to a long upward movement. But the negative news has provoked many into selling Ether. After a short rally, Ethereum’s price has returned to the value it had in early spring. It’s worth noting that with regards to Bitcoin, this growth has taken a form of....