Ethereum is the next big technological step for humankind. From a comparative standpoint, if Bitcoin is decentralizing currency, Ethereum is decentralizing the Internet. Ethereum will change everything: the way we exchange value over the Internet, the way we use our computers, it will revolutionize the development of applications, communications, and ultimately our futures.
From a technical standpoint, the Internet is nothing but a set of systems and protocols made to interconnect us and enable us to share all kind of information.
Ethereum is the popular blockchain network that has been designed to allow any developer to code any decentralized application and launch it on the blockchain. Underlying the system is the use of tokens, also known as cryptocurrencies, which can be traded, bought and sold. The entire thing is powered by Ether, the native Ethereum token, and this token is used to pay for miner rewards, transaction fees and many other network services, such as powering smart contracts.
While Bitcoin requires advanced hardware to mine efficiently, Ethereum is still one of the better GPU mining algorithms out there. While several of the privacy focused coins like Monero are often more profitable, the Ethash algorithm used by Ethereum is also the driving algorithm behind other popular coins such as Ethereum Classic, Ubiq, Pirl, Metaverse, Musicoin, Ellaism and others that are forks of the original Ethereum code.
This guide will look into what’s needed for Ethereum (Ethash) mining, and will also delve into the coming ASIC Ethereum miners.
ChainLink has been around for some time, and is one of the top 100 coins by market cap, but many people haven’t heard of the project. They should though.
To those who have been in the blockchain industry for a while now, Ethereum’s name is synonymous with platform development, the creation of custom tokens, and the launch of crowdfunding campaigns through initial coin offerings (ICOs).
While that pretty much sums up Ethereum’s functionalities, it is still cryptic enough to confuse those that are new to this space, and thus could benefit from a descriptive guide about the famous platform and its associated cryptocurrency.
OmiseGo made a big splash in 2017, but the hype has died down a bit in 2018. The parent company of OmiseGo, called simply Omise, has plans to make OMG the transactional cryptocurrency in Asia first, and then across the globe.
With Omise itself a successful payment gateway we can’t talk about OmiseGo without also talking about its parent Omise.
Even though it originated in 2009 with the release of Bitcoin, the cryptocurrency industry has only recently seen a significant increase in its development activities, which has resulted in numerous solutions coming to surface in the last year itself.
From new platforms to innovative solutions, 2017 saw the release of several new ventures that allowed users to get the most out of using cryptocurrency based products and services – and one such solution was the Mist Wallet.
So what if cryptocurrency prices have been on a downward slope since the beginning of this year? It’s nowhere near bad enough to stall the ongoing growth of the crypto space, according to Ethereum co-founder Joseph Lubin who recently appeared on Bloomberg to talk about the current state of the global digital assets market, and the 2017 crypto “bubble”
Jeremy Allaire, CEO, and co-founder of FinTech company Circle believes blockchain and cryptocurrencies may someday be as widespread as the Internet is today, and he is certain Ethereum will be the industry’s primary driver.
Steve Wozniak, the Apple co-founder is a huge crypto and blockchain enthusiast. Despite suffering at the hands of suspected Bitcoin thieves at the start of the year, his belief in the emerging technology has dampened. Speaking at the “WeAreDevelopers” World Congress in Vienna, Austria, the man affectionately named “Woz” declared that Ethereum could be like Apple in terms of driving a new age of innovation.