Ethereum Eth Cryptocurrency Animated Gif Ethereum Eth Cryptocurrency Animated Gif Cryptocurrency Animated Gifs Donald Trump Bitcoin Billionaire Animated Gif Cryptocurrency Animated Gifs Original article and pictures take viralchop.com site
Ethereum Eat Sleep Repeat T-Shirt Independent artist’s content may not match model depicted; RealView™ technology illustrates fit and usage only. Original article and pictures take www.zazzle.com site
Ethereum Developers Searching a Solution for the Scaling Problem
Bitcoin is not the only network that is suffering from scaling issues. Ethereum has troubles to find scalability solutions for its network. That’s why the Ethereum Foundation is searching for outside developers to help solving this problem. With the CryptoKitties mania, the smart contracts and the exchange of Ether within the platform, the network is getting congested.
Developers to Solve the Scalability Problem
The nature of the Ethereum’s blockchain makes of it a more secure one, but also slower, creating a scalability problem. All the nodes are required to process each transaction made in the blockchain, meaning that it is difficult to hack it. But also a transaction needs to be confirmed by all the nodes in the network.
Bharath Rao, founder of the Ethereum exchange Leverj, commented:
“This expensive and slow process is justifiable for a global network where all participants are potentially malicious. In a corporate environment, where all participation is controlled, it does not make sense to spend a lot of energy and time for essentially no additional benefit.”
Vitalik Buterin, Ethereum’s creator, said that the the network has increased its size with more and more transactions every single day. The transactions reached the incredible number of one million per day and the scaling process needs to become a priority.
Which are the Possible Solutions?
As reported some days ago by UseTheBitcoin, Plasma is one of the possible answers to Ethereum’s congestion problem. Plasma is a second-layer scaling for the Ethereum protocol. It would help to reduce the network’s congestion by expanding the network’s bandwidth and the transaction capacity.
Another solution is known as ‘sharding’. That means that a small percentage of nodes would be required in order to process a transaction. In this way, several transactions could be processed in parallel at the same time. And according to Buterin, this solution would not reduce the security of the network because it still maintains the desired decentralization and security properties of a blockchain.
The Ethereum Foundation is searching for outside developers to get involved in the development process. These who will help to solve the scalability problem will receive subsidies that range from $50,000 to $1 million dollars depending on the work done.
Original article and pictures take bitnewsbot.b-cdn.net site
Ethereum defies bear market and technical problems
The cryptocurrency market currently seems to be dominated by the bear. Within the top 20 cryptocurrencies by market capitalization, there are currently only a few currencies in the green zone. Only Ethereum has gained 11 percent in the last 24 hours and 51 percent in the last 7 days. Thus, the Ethereum course defies not only the current bear market, but also the current technical problems within the Ethereum network.
The Ethereum Price has reached an all-time high in the last few days. At present, the price (at the time of writing) is around 1,135 euros. Thus, the price, which at the beginning of December was still below € 400 per ETH, almost tripled in the last month.
Technical problems in the ethereum network
However, what seems to be drowning in the euphoric over Ethereum at the moment is the technical problems developers are currently facing. These have already made it so far that Bittrex, one of the leading American exchanges, Ethereum exposed the actions of Ethereum on the weekend.
Due to incredibly high gas prices, we're preventing new ETH and asset deposit addresses from being created. Existing deposit addresses will work as normal.
Probably the most serious problem at the moment is the calculation of the “gas” by the “Gas Price Oracle”, which is responsible for the automatic calculation of transaction fees. This currently calculates relatively high fees. The cause, according to core developer Nick Johnson, is that some users simply pay more than they need to use the Ethereum blockchain.
Leading wallet provider MyEtherWallet, or the Shapeshift Stock Exchange, are using the Gas Price Oracle to provide users with a proposal for transaction fees. The calculation algorithm takes on the transactions of the last blocks and calculates the median of the gas price of these transactions.
However, few users know that they can change the gas price themselves. Since the automatic calculation is based on the latest transactions and many users simply use the automatic price, the price of a transaction currently appears to be rocking unnecessarily.
Furthermore, there are currently difficulties in certain constellations with the synchronization of the network nodes with the blockchain. Any new node that wants to mine minerals or blockchain as part of their own wallet faces this problem. The problem leads to longer waiting times or termination of the process.
However, Ethereum’s active community of developers believes we can resolve the issues in a timely manner.
Ethereum crashes 30% on Coinbase in 24 hours; Bitcoin tumbles 25%
Ethereum dropped more than 30 percent to trade near $901 on Coinbase.
Bitcoin briefly tumbled more than 25 percent to a low of $10,242 before recovering slightly to near $10,850 late Tuesday afternoon on Coinbase.
Ripple, the third largest digital currency by market capitalization, plunged 35 percent to $1.09, according to CoinMarketCap.
Digital currency ethereum plunged 30 percent Tuesday below $1,000 amid a massive sell-off in major digital currencies.
Ethereum traded near $901, or 31 percent lower over the last 24 hours as of 5:06 p.m., ET, on Coinbase. The company is the leading U.S. marketplace for trading bitcoin, ethereum, litecoin and bitcoin cash.
The declines followed comments from South Korean authorities that indicated tougher regulation on digital currency trading. However, there was no apparent driver behind the late afternoon decline.
Ethereum 24-hour performance
(Source: Coinbase)
Bitcoin briefly tumbled more than 25 percent to a low of $10,242 on Coinbase. The digital currency was trading near $10,850 late Tuesday afternoon.
Bitcoin has now nearly halved in price after topping $19,800 in mid-December. But the digital currency remains more than 1,100 percent higher over the last 12 months, according to Coinbase.
Ripple, the third largest digital currency by market capitalization, plunged 35 percent to $1.09, according to CoinMarketCap. Last week, the site began excluding prices from some South Korean exchanges, where ripple trades about 20 cents higher.
Original article and pictures take static-entertainment-eus-s-msn-com.akamaized.net site
Ethereum continues its slide amid heavy selling in crypto markets Markets Insider
Ethereum is trading down 18.94% on Wednesday morning amid an onslaught of selling in many major cryptocurrencies.
Ethereum has lost over 35% of its value from its peak, and is currently trading at $863.29.
The top cryptocurrencies have followed suit, seeing some of their values decline by half from recent record highs. Bitcoin was down 11.66% on Wednesday, while Litecoin fell by 14.93% and ripple's XRP was down 11.61%.
Many crypto markets were alarmed on Tuesday by news of a proposed bill that aimed to shut down crypto markets in South Korea. The bill threatens a key market, since South Korean traders are big buyers of cryptocurrencies.
Bitcoin, the cryptocurrency known as "digital gold," fell below $10,000 on Wednesday, a milestone it had crossed in November. A few weeks ago, it almost hit $19,000.
Original article and pictures take markets.businessinsider.com site
2016’ nın son 2017’ nin ilk çeyreklerindeki artışıyla popüler olan Ethereum coin birçok yatırımcının dikkatini çekmeyi o zamandan başardı.Bu yüzden den Ethereum Coin Alım Satım değer kazandı. Gerek teknolojik altyapısı gerek de güvenlik önlemleri sayesinde yatırımcısına kazanç sağlamakla birlikte güven de vermeye başladı. Özellikle siber saldırılara geliştirdiği güvenlik önlemleri ile dikkat çekmektedir. Tabi ki en önemlisi de Litecoin kadar olmasa da Bitcoin’ le arasındaki işlem hızı farkı aldığı coinle herhangi bir işlem yaparken gereksiz ve saçma olan bekleme süresinden mutsuz olan yatırımcıların yüzünü de güldürmeyi başarabilmiştir.
Bu kadar özellikleri sayesinde kripto para borsasında son zamanlar hızlı bir çıkış ivmesi yakalayan Ripple coinin arkasında 3. Sırada yer almaktadır. Bu kadar popüler olmasından dolayı Türk kripto para borsası da buna kayıtsız kalmayarak Bitcoin transferi yapmadan direkt Ethereum alma hizmetini başlatmıştır. Alım ve satımı sırasında çeşitli siteler bulunsa da bu coinin madenciliğini yaparak da Ethereum elde etmek mümkün. Bunun için gereken tek şey orta seviye bir donanımlı bilgisayarın iş görebilmesine rağmen tavsiye edilen üst seviye donanımlı bir bilgisayarınızın olmasıdır.
Bilgisayarınıza çeşitli programlar yükleyip çalıştırarak bilgisayarınızın ana kart gücünü kullanmasına olanak sağladıktan sonra tek yapmanız gereken şey oturup arkanıza yaslanmak olacaktır. Ama bunun için ne bilgisayarınız ne de zamanınız yoksa size tavsiyemiz kripto para borsasından Ethereum almak olacaktır. Bunun için çeşitli siteler mevcut ama bu makale de en kolay ven en popüler alım satım yapılan siteler üzerinden nasıl olacağı hakkında fikir vereceğim.
Ethereum Alım
Çeşitli sitelerde Bitcoin alıp farklı bir cüzdana transferi ve orada Ethereum’ a çevirmek yerine direkt BtcTürk’ den alma yollarını anlatacağım. Öncelikle siteye giriş yapabilmeniz için üye olmanız ve hesabınızın onaylanmasını beklemeniz gerekmektedir. Bu işlemi hallettikten sonra siteye giriş yapıyoruz. Para yatırma kısmından kredi kartı veya diğer yollarla en az 10 TL olacak şekilde para yatırıyoruz. Daha sonra siteden Ethereum’ u seçip almak istediğimiz miktarı yazıyoruz ve tamam butonuna basıp işlemi onaylıyoruz. Bu işlemden sonra hesabınıza Ethereum en kısa sürede gelecektir. Tabi bu işlemler sırasında cüz’i bir miktar komisyon kesilmektedir.
Ethereum Satım
Satmak istediğiniz Ethereum’ u seçtikten sonra Kolay Alış Satış menüsüne giriyoruz. Burada satmak istediğiniz miktarı girip sat yazan butona basıp işlemi onaylıyoruz ve Ethereum’ unuzu anında satmış oluyorsunuz. Ethereum Coin Alım Satım hakkında düşüncelerim bunlardır. İnşallah yararlı olmuşumdur. Sizlere bol kazançlar dilerim.
Original article and pictures take ethereumcoinn.blogspot.com site
Ethereum Co-founder Vitalik Buterin Coins New Term “DAICO” as ICO Improvement
The creator of the Ethereum network has been rethinking the concept of the traditional ICO and merged it with DAO to create a new and far superior model for decentralized fundraising.
Minimizing Complexity and Risk
The Canadian-Russian programmer added a post to the Ethereum Research Forum outlining his idea, and it has since taken the industry by storm.
Vitalik Buterin referred to this concept as “a quick exposition of an idea [he] had for improving the ICO model by merging in some of the benefits of DAOs, but doing so in a way that minimizes complexity and risk.”
Buterin provides a diagram which combines DAO’s ability to spread funding over time, leverage crowd wisdom and distrust of one centralized team, with ICO’s single-project approach and lack of 51% attack risk.
DAO refers to a Decentralized Autonomous Organization which is regulated by a smart contract. Through the extraction of a DAO’s most beneficial aspects, and in turn, the merging with the traditional workings of an ICO, investors are offered a higher degree of protection and security for their funds. As such, the situation where resources are wrongfully used by ICO creators for personal gain is greatly reduced.
According to the 23-year-old computing genius, this concept would reduce the costs of funding projects through Ethereum, as well as basing the outcome more heavily on the results obtained by developers.
Buterin explained the notion as follows in his original post:
“A DAICO contract is published by a single development team that wishes to raise funds for a project. The DAICO contract starts off in ‘contribution mode,’ specifying a mechanism by which anyone can contribute ETH to the contract, and get tokens in exchange. This could be a capped sale, an uncapped sale, a Dutch auction, an interactive coin offering, a KYC’d sale with dynamic per-person caps, or whatever other mechanism the team chooses. Once the contribution period ends, the ability to contribute ETH stops and the initial token balances are set; from there on the tokens can become tradeable.”
He continued in writing, “After the contribution period, the contract has one major state variable: tap (units: wei / sec), initialized to zero. The tap determines the amount per second that the development team can take out of the contract.”
Buterin’s DAICO outline would divert the power back into the hands of contributors, as they would have the ultimate decision on how the raised funds would be used for a specific period.
DAICO is yet another proposal that Vitalik Buterin has made for the continued improvement of the Ethereum network. On January 5, 2018, he announced a subsidy between $50,000 and $1 million for any work that contributes to the resolution of the network’s growing scalability issues. This amount is irrespective of whether the person or team is working independently or under a company.
Despite minor setbacks, the network continues to flourish, with the price of ether touching $1,300 at press time. Also, its market capitalization has reached $120 billion, far greater than the young writer and computer programmer had ever imagined possible when the concept of Ethereum first came to his mind.
Original article and pictures take btcmanager.com site
VISA, MasterCard, Maestro, Neteller, OK Pay, WebMoney, Union Money, PayPal
Number of Assets
20+
Overall Score
9.3/10
Full Review
Ethereum Code is a crypto trading robot owned and developed by Mr. Marc Weston. This is a state-of-the-art online investment solution that has been created after years of efforts. It has been developed specifically for the needs of people interested in participating in the cryptocurrency markets, the mining and trading of those.
The crypto trading market is a volatile one and it is just as popular among traders. Novices sign up for such systems every day because they provide ease of access and eliminate the need for having deep knowledge of the industry.
Of course, it is critical to be sure you are joining a reliable software due to the high number of scam platforms provided. The following review discusses the nature of the EthereumCode and whether you can trust or it is just a scam. Below you will be able to find details of its operational process and terms to join.
How Does the Software Work?
Marc Weston developed the software in cooperation with one of his colleagues – Michael, at his previous job as an accountant at a software firm. The combined the knowledge of finance with software development expertise to create a system that can be utilized by both beginners and experience crypto traders.
Their system is focused on one single cryptocurrency – the most popular of them all. This is the BitCoin. Decentralized in 2009, it is now a legal way of carrying out payments accepted by a lot of corporations and global firms.
Interesting Fact:
As of 2017, a single BitCoin is valued at nearly $4,000. It is the most popular currency among the 900 known ones. And this number is constantly growing.
The complex algorithms integrated into the Ethereum Code eliminate the need for you to make complex analyses and to monitor the markets closely, or to be very knowledgeable as a whole. It runs on full autopilot and scans the markets for potential gains in order to accumulate results on your behalf.
The whole trading process happens thanks to smart mining cloud technology. You can be connected 24/7 as long as you possess an Internet connection.
Curious:
Even though the system is focused on BitCoins, its name actually comes from another blockchain network, currently the second largest after that of Bitcoin – this is the Ethereum, where people mine and trade with Ether coins.
No Downloads
Marc Weston’s software has been carefully optimized in order to be operable in an online environment. Meaning in a way that would not require of you to download additional software and installation packages to trade. Just connect to the Internet and open your fastest browser to access the platform.
How to Join Ethereum Code?
In order to participate in the cryptotrading industry via this software, you will have to complete a quick registration process.
Fill in the Provided Form – you will find a form for application on the website of the system. Register with your best details and you will be immediately equipped with a free software account.
Activate Your Account – this happens by making an initial deposit that funds your account and is used for making investments and carrying out trades.
Start the Autopilot Feature – once you have done that, the software will start carrying out analytical and trading tasks in order to generate results for your benefit.
Expected Results
These will vary. It entirely depends on what is going to be your initial investment. The Ethereum Code is said to possess a satisfying and stable success rate and high accuracy. These combined can achieve significant results and they are going to amount to depends on how much capital you have to invest with.
Cost
Currently, Marc Weston offers a fixed number of free licenses. This implies that there are no maintenance costs, no fees for supporting an account on their platform. The investment capital you deposit to activate the account will be utilized for investments only!
Is Ethereum Code a Scam?
Our preliminary investigative results show that the software by Marc Weston is not a scam. It provides an easy and comprehensive way for interested parties to join the cryptocurrency trading and mining world. Its investment platform and environment are safe and SSL-encrypted providing security for your funds and personal information.
Review Verdict: Ethereum Code is Not a Scam
In our opinion and experience, this is a good and reliable platform that can generate you satisfying results with high winning ratios on complete autopilot. It is also user-friendly which is another condition for people with little experience to do their best in this world.
Customer Service
The software is backed up by a constant customer support. Marc Weston has provided an international support team so that global clients can rest assured there is always someone ready to answer their questions. You can reach them 24/7 through the provided points of contact.
Conclusion
The Ethereum Code is no scam. Mr. Marc Weston and his partners have created a reliable and trustworthy investment environment that operates on full autopilot. The software is free of charge and is suitable for both beginners and professionals. It can help you start trading regardless of your previous experience and level of skills. All you need in order to proceed is to claim a free license and secure your account with it.
BONUS: Get Risk Level Control Feature to set and minimize the risk of losing funds.
2 Responses to “Ethereum Code Review”
Original article and pictures take top10binarysignals.com site
Ethereum co-creator Steven Nerayoff says the cryptocurrency's value could triple in 2018
Ethereum co-creator Steven Nerayoff says increased projects built on the cryptocurrency could trigger a "flippening" in 2018, in which ethereum overtakes bitcoin.
"What you're seeing with ethereum is exponential increase in the number of projects — there are billions of dollars being poured into the ecosystem right now — maybe 10 times more projects this year than last year, which could easily lead to a doubling, probably a tripling in price by the end of the year," Nerayoff said Monday on CNBC's "Fast Money."
While bitcoin was designed to function as a peer to peer electronic payment system, ethereum was designed for smart contracts that execute when specific conditions are met. Nerayoff, who helped craft token sales for the ethereum project, said businesses in an increasingly wide variety of industries are starting to take note of what value Ethereum's protocol could offer them.
"You're seeing a tremendous amount of growth across a wide variety of industries. Fintech is actually the natural area, but now you're seeing it becoming increasingly more creative — you find projects in the oil and gas industry, you're finding government using it in their applications, you're seeing it in gaming, all kinds of different areas," Nerayoff said.
Beyond project building, Nerayoff said usage is increasing because ethereum can process transactions more quickly and cheaply than its rival.
"People are actually using it for currency, as well," he said. "Lower transactional costs are increasing usage of the entire network, and that's increasing the network effects of it. There are more users, more projects being built on there and more programmers," he said.
Despite his confidence, Nerayoff isn't discounting bitcoin and the interest in cryptocurrency it inspired in 2017.
"The entire space is increasing. There is huge interest by the public and there are more areas in which the public can invest, even in bitcoin, so you could just see an expansion in the entire space," he said.
Either way, when it comes to 2018, Nerayoff thinks ethereum is going to have a good year.
On the Luxembourg-based Bitstamp exchange, bitcoin closed down 8.73 percent at $14,766.86, with a market cap of $248 billion.
Ethereum had an estimated $110 billion market cap at close.
Original article and pictures take fm.cnbc.com site
Il prezzo di Ethereum Classic, dopo un discreto movimento al rialzo dei giorni precedenti, ha visto i venditori portare il mercato intorno al livello di $ 25 contro il dollaro USA.
La coppia si trova sul supporto principale di 25 dollari, che è ben sostenuto intorno al livello di 23,780. Crediamo che al momento il mercato possa rimbalzare e trovare una discreta quantità di acquirenti.
Dopo un importante movimento al rialzo sopra al livello dei 45,00 dollari USA, il prezzo di ETC ha affrontato un movimento ribassista molto pesante durante questi giorni. Il prezzo è arrivato fino a $ 47,29 per poi iniziare in seguito ha iniziato un dip al ribasso. Il prezzo ha raggiunto alcuni livelli di supporto chiave come $ 45,00 e $ 40,00.
C’è stata poi un’interruzione sul supporto di $ 38,00 e successivamente il prezzo è crollato nuovamente verso il livello di 25 dollari USA. Si tratta di un punto cruciale per il mercato.
Si tratta di una piattaforma autorizzata e regolamentata, quindi offre standard di sicurezza molto più elevati rispetto agli exchange di criptovalute. Inoltre è completamente gratuita e non applica commissioni. Tutti gli iscritti possono partecipare a corsi gratuiti molto completi e facili da seguire per capire come investire sulle criptovalute. E’ anche possibile ottenere il supporto gratuito al telefono da parte di un vero esperto.
Ethereum Classic (ETC), a fork of Ethereum (ETH), has been overlooked for a long time since most eyes were focused on the main Ethereum blockchain. However, this might come to an end quite soon as the number of ETH transactions are rising sharply and the network is starting to have difficulties to process them. As a result, the transaction fees are already spiking over $1. If this trend continues, the Ethereum network might reach a critical point before ‘Plasma’, a new technology that should massively increase the network throughput, is implemented.
Disclosure: This is a Sponsored Article
Since Ethereum Classic provides the same functionality, it is very easy to switch from ETH to ETC if such an overload happens. This would lead to a huge transfer of capital from Ethereum to Ethereum Classic. Here we can take a look at Bitcoin Cash (BCH) as an analogous example. Since Bitcoin failed to implement the SegWit2x hard fork, hundreds of thousands of unconfirmed transactions started to accumulate in the network and transaction fees jumped to tens of dollars. This made Bitcoin Cash with 8MB blocks to be seen as a viable alternative with the same functionality, but much faster and with lower fees. As a result, its price peaked in November 2017 to more than 0.4 BTC in the BTC/BCH market. At the time of writing, the BCH price is around 0.16 BTC.
Although the analogy between ETC and BCH is clear, Ethereum Classic seems to be somehow forgotten and the exchange rate on the ETC / ETH market is as low as 0.032 ETH / ETC at the time of writing. Compared to BCH vs. BTC, the ratio is about 5 times lower.
Predicting something in the crypto world is always uncertain. But if Ethereum starts having problems with the transaction capacity, which is quite likely to happen in the following weeks, there are high odds that Ethereum Classic will gain big profits out of ETH problems.
Original article and pictures take themerkle.com site
Ethereum Cat Hipster T-Shirt Independent artist’s content may not match model depicted; RealView™ technology illustrates fit and usage only. Original article and pictures take www.zazzle.com site
Ethereum Breaks $1000 Ceiling for the First Time After Multi-Day Rally
Ethereum tokens (ethers) have reached an all-time high of over $1,000 USD. The record was reached on most major exchanges, the current price at the time of writing is $1,020 according to data from Coindesk. Ether is currently the third largest cryptocurrency by market cap, behind bitcoin and Ripple’s XRP token.
Ripple has seen outrageous growth in the last year increasing in value by 1300 percent since early December. Ether currently represents about 13 percent of all cryptocurrencies, with industry leader bitcoin capturing around 32.5 percent of the current market. In 2017 bitcoin, the most recognized cryptocurrency, became a household topic after its value increased from roughly $900 USD in January 2017 to peaks of over $20,000. In the last weeks, the coin has declined in value and has been hovering around the $12,000 to $15,000 mark for the last week.
Alt-coins lead the way in 2018
If the first few days of the year are anything to go by 2018 will be the year of alternative currencies or ‘alt-coins’.
Cryptocurrencies
Both Ripple and Ethereum were almost unknown by investors outside the close-knit cryptocurrency community but now these underdog tokens are proving their worth. While Ripple, Ethereum, and Bitcoin are all categorized as cryptocurrencies, each one has a distinct purpose and technology to them. Ether describes itself as a blockchain app platform where transactions are used to pay for decentralized computing power. While Ripple focuses on facilitating fast, cheap transactions, through a separate but related entity called Ripple Connect. Unlike Ethereum and bitcoin, Ripple can’t be mined.
Ether founder wants community to stay focused
The recent boom in Ether has certainly made its 23-year old founder Vitalik Buterin a rich man (at least on paper) but that hasn’t stopped the college dropout from being critical of the money hungry crypto community. In a tweet issued last week, the Thiel Fellowship recipient threatened to leave the cryptocurrency world if all the technology is achieving is a plethora of Lamborghini memes.
To be clear, the operative word here is "all". No, I won't stop or slow working on crypto just because price memes and stupid jokes exist - as long as there's also real social value that the ecosystem is working towards. https://t.co/9TuD6qjIP0
He later clarified his statement saying he won’t stop working in the sphere as long as "there's also real social value that the ecosystem is working towards." Buterin isn’t the only cryptocurrency founder to be worried about the intention of the community at large. Dogecoin founder Jackson Palmer is dismayed that the parody coin he founded in 2014 has just hit a market cap of $1billion USD. "The fact that most conversations happening in the media and between peers focus on the investment potential is worrying, as it draws attention away from the underlying technology and goals this movement was based [on]," he said. Palmer, who left the software team in 2015 went on to say, “I have a lot of faith in the Dogecoin Core development team to keep the software stable and secure, but I think it says a lot about the state of the cryptocurrency space in general that a currency with a dog on it which hasn't released a software update in over 2 years has a $1B+ market cap.”
Original article and pictures take static.interestingengineering.com site
Ethereum Blue – Blockchain Security For Cryptocurrency -VIDEO
I hate FUD, I hate to spread FUD, but this time I have to be open about what I think of a project, if its negative. I posted this also on Reddit:
I know you guys like the boys in BLUE and you like security, but I have to give this project a reality check. After following them for a while in Twitter, reading their whitepaper etc, I've come up to a quite shady conclusion of BLUE: It is that BLUE could be one of the most clever scam artists in the cryptosphere.
My line of reasoning:
-They act like teenagers in Twitter, they spam. This is a red flag.
-They claim MEW has blocked them at Twitter and claim they don't respond. Yet they have at least twice linked to @MyetherwaIlet (note the I with capiltal, not l, this is NOT a typo)
-They promote their own BLUE -wallet while claiming MEW is compromised.
-They have an useless erc20 token (except for profiting from dumps n dumps).
-They provide absolutely 0 proof that MEW is compromised. MEW has responded @ Reddit that MEW is not compromised.
-The most worrying bit: THEY ARE ANONYMOUS AND ARE NOT REVEALING THEIR IDENTITIES!
So why trust BLUE? Tell me one reason to trust them. I find zero reasons to trust em. They are just a bunch of people who nobody knows of. Nobody can werify if they are actually after a mission that they claim to be. And who gave em this badge anyway? At least I didn't vote for it…
So just think a bit. This what BLUE is spreading is called FUD (Fear Uncertainty and Doubt). It
is well known people have lost their funds through MEW because of improper actions and malware in their PC. BLUE is very clever in exploiting this. But still their FUD is with zero proof that the MEW ITSELF would be compromised.
What if. What if BLUE is a scam artist playing around with a police badge, pumping up their token while trying to get people to move their funds to their own wallet. What if. What if BLUE -wallet is THE phishing -site we should all be cautious about? What if this whole MEW vs BLUE is the OTHER WAY AROUND? How would you know? How would you? You don't even know these guys.
Just think. Unless the BLUE -team will reveal their identities and start providing proof for their claims and start being FULLY TRANSPARENT, there is no reason to believe anything else than this being a scam. Until then, at least I don't place any of my trust on them. The safest bet for now is to stay away.
Of course you guys can buy this coin and take profits. I have nothing against that. But be careful, please.
Use your brains. This is far from legit as it is seen now.
Original article and pictures take worldcontentsolutions.com site
Ethereum Blockchain Technology Will Revolutionise Digital Asset Value
Ethereum is a blockchain that creates a digital record of every transactions that then duplicates across thousands of computers. The blockchain technology is changing and advancing rapidly, and has enabled us to trust the ways we transfer and store value. On top of this though, blockchain is unlocking value.
A lot of the worlds assets are illiquid. Liquidity is about getting in and out of assets easily, and lengthy paper processes, complex fee structures and the ownership principles of current markets make exchanging assets for value inefficient, intimidating and often impossible. By tokenising assets on the Ethereum blockchain, it means that ownership can be divided and assets are free to move seamlessly between owners without physically having to move at all.
When you look at real estate for example, investments and ownership have been traditionally reserved for the wealthy. There are a lot of regulations for potential home buyers who are hoping to take out mortgages, and often, sellers are put off by large cuts which happen through the transaction cycle. Renters might not have the liquidity to make a down payment, which means that they are stuck paying a lot of money in rent.
This is the challenge that is being faced and solved through a blockchain platform for shared property ownership. A shared ownership model will empower users and align stakeholder’s incentives to drive the overall asset value.
The tokens can also be applied to energy markets. Grid+ for example is using blockchain technology to wholesale energy markets and facilitate energy trading between users. The world is slowly adapting to blockchain technology and is beginning to see the potential and advantages of having digital assets for everything. This will mean that in time, transactions will become frictionless. Blockchains will commoditise the cost of how society trusts while opening up previously hidden stores of value, in the same way that the internet commoditised communications.
Frances is the head writer for Crypto Daily, and she is responsible for bringing you the latest news on everything that is related to the Crypto world. She has a keen interest in Cryptocurrencies, and has many years of experience writing in all different roles. She is incredibly passionate about writing, and this combined with her interest into the finance, and virtual currency sector means that you are kept up to date with all of the latest news and information regarding all cryptocurrencies.
Original article and pictures take cryptodaily.co.uk site
Ethereum Blockchain has Processed more than $23bn in Transactions within last 24 Hours
Ethereum News
Comparing different blockchain-based ecosystems usually does not make any sense. In the cryptocurrency world, though, there are some interesting metrics worth keeping an eye on. Over the past 24 hours, it seems the Ethereum blockchain helped transfer just over $23bn. This is almost as much as Bitcoin, Bitcoin Cash, Litecoin, Dash, BTG, and ETC combined. An interesting development, although not all blockchains can be traded in this regard.
Every blockchain is capable of processing transactions and moving financial value from one user to the next. In the cryptocurrency world, that is a requirement to ensure the network has any value at all. Ethereum has suddenly become a very popular solution to transfer value. So much even that it processes almost as much value as six other top cryptocurrencies combined. Whereas many people assume Bitcoin is the king of the hill, that is not the case in this regard. An interesting development, although it’s important to put things into perspective.
Another Good day for the Ethereum Blockchain
Actually, Ethereum’s value transfer doesn’t concern just to ETH transactions. It also includes all of the ERC20 tokens issued on this blockchain. That means the numbers are skewed a bit, although not by all that much. The key factor is how this blockchain handles $24bn worth of volume over a 24-hour period without too many problems. Bitcoin, on the other hand, is still more expensive and a lot slower, even though it remains very popular. Ethereum’s value transferred in the past 24 hours is bigger than Bitcoin’s, which is not all that common.
Though, when adding the value transferred by other blockchains on top of Bitcoin’s, it’s not much higher than Ethereum’s throughput. For most of the people, this is a key indicator of how Ethereum will overtake Bitcoin at some point. Such a situation is not completely impossible, although it may not happen anytime soon either. Comparing the value transferred over individual blockchains is always a snapshot at an opportune time. These statistics can look very different a day or week from right now, for all we know.
So, it is difficult to form any determination based on this fortunate picture. The demand for Ethereum-based value transfer solutions is absolutely there. It is less expensive, works better, and is faster. At the same time, it also includes a lot of tokens rather than Ether itself. How all of this will play out in the future is impossible to predict right now. With the proper scaling, this blockchain will absolutely become even more popular in the coming years.
Original article and pictures take coindelite.com site
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Ethereum and bitcoin price plummets ahead of south Korea decides on total crypto shutdown
THE value of two of the world’s most popular cryptocurrencies, bitcoin and Ethereum, has fallen off a cliff after South Korea announced curbs on speculation ahead of a decision on a full shutdown, figures reveal.
Ethereum markets rally during the Friday session, as it looks like we are trying to break above the $1300 level again. With this bounce it looks likely that we will not only reach that level, but perhaps reach towards the fresh, new high. The volume is drifting a bit lower though, so I think that pullbacks will happen. Keep in mind that Monday as Martin Luther King Jr. day in America, so once the Americans take over, things probably get quiet.
ETH/BTC
Ethereum has rallied slightly against Bitcoin, looking likely to continue to reach towards the 0.10 level as we have formed a bit of an ascending triangle. The 20 SMA looks to be supportive as well, so I believe that the buyers will get involved. It will be a grind to the 0.10 level though, which of course will be rather resistive.
It may not have had the most growth in 2017, but Ethereum has regained its place behind Bitcoin as the second-biggest cryptocurrency by market capitalization.
Not to be outdone by Bitcoin’s 1,000 percent rise in value in 2017, Ethereum also moved from $10 per Ether to $1,000 in the space of 12 months.
The two cryptocurrencies enjoyed similar success, but their underlying Blockchain technology is contrastingly different.
Ethereum’s flagship smart contract system sets it apart from Bitcoin and has led to it becoming the leading platform for ICOs, allowing developers to use the underlying code for their own applications - commonly known as decentralized applications (dapp).
This is in essence Ethereum’s raison d’étre, providing a monetized Blockchain solution for developers to create applications as described by Investopedia.
Speaking to CNBC this week, Ethereum advisor Steven Nerayoff says the open-source functionality of Ethereum’s protocol could well lead to mass adoption for a wide variety of Blockchain applications.
"You're seeing a tremendous amount of growth across a wide variety of industries. Fintech is actually the natural area, but now you're seeing it becoming increasingly more creative — you find projects in the oil and gas industry, you're finding government using it in their applications, you're seeing it in gaming, all kinds of different areas.”
The success of CryptoKitties is a prime example of how developers can use the Ethereum software to create innovative applications. The popular online game was so successful that it placed a massive strain on the Ethereum network in 2017 as it became the biggest dapp.
Inevitably, the increasing use of Ethereum will see it’s price soar, according to Nerayoff.
“What you're seeing with Ethereum is an exponential increase in the number of projects. There are billions of dollars being poured into the ecosystem right now, maybe 10 times more projects this year than last year, which could easily lead to a doubling, probably a tripling in price by the end of the year.”
Expanding market
While Nerayoff expressed bullish sentiments towards Ethereum’s growth this year, he didn’t write off the potential growth of other cryptocurrencies this year.
"The entire space is increasing. There is huge interest by the public and there are more areas in which the public can invest, even in Bitcoin, so you could just see an expansion in the entire space,"
At the time of writing, Ethereum’s total market cap was sitting at $116 bln.
