Ethereum

Ethereum

Ether Price Rockets over Weekend, Then Loses 16% in Profit Taking

The price of Ether, the proprietary cryptocurrency of the Ethereum project, skyrocketed over the weekend but then dropped 16.07% in obvious profit taking today Courtesy of CoinMarketCap.com The currency is still almost four times the value of its 2015 low back on October 21st. Yesterday, Ether (ETH) was only second...
BitcoinBlockchain DAppsEthereum

Block Chain Conference Program Announced

Next month sees the Block Chain Conference take place in San Francisco at the Mission Bay Conference Centre on February 10th. During the day, the conference aims to showcase blockchain use cases for industries such as securities, banking, payments, insurance, legal, accounting/audit, and energy and healthcare. In addition, it will...
BitcoinEthereum

Coinsilium Invests $100k of Bitcoin in Rootstock for 2% Equity

Coinsilium Group, a blockchain technology investment company, has invested and facilitated co-invested in smart contract platform Rootstock. The total amount invested in RSK Labs Ltd, the company operating Rootstock, is $100,000 and 28.6% of the initial seed round, representing approximately 2% of RSK. Rootstock is a smart contract platform built as a sidechain of the bitcoin...
EthereumMining

Genesis Begins Offering Ethereum Cloud Mining

Genesis Mining recently announced that it started offering mining of the Ethereum protocol's proprietary currency, Ether. Ethereum is an alternative cryptocurrency protocol developed by Vitalik Buterin, that many industry observers have called Bitcoin 2.0. The initial sale of Ethereum coins raised over $15 million and today has a total market...
AltcoinsEthereum

Creating Your Own Cryptocurrency With Ethereum

Alex Van de Sande, lead designer at the Ethereum Foundation, posted on the Ethereum blog yesterday to discuss recent developments in the Ethereum ecosystem and how they could benefit potential users in creating their own crypto tokens which have a number of different applications, from use as local currencies to...
Blockchain DAppsEthereum

Nick Szabo on the History of Blockchain

Last Friday, at the Devcon 1 conference in London, Nick Szabo took the stage to talk about blockchain, smart contracts and Ethereum. Szabo, a blockchain pioneer who some believe to be the man behind the creation of bitcoin (although he has denied this), gave a presentation on the history of...
Blockchain DAppsEthereum

Ethereum Sees Growing China Interest, Focuses on Four Major R&D Areas

Leading players in the Ethereum ecosystem spent time recently in China, visiting Hong Kong and Shanghai, where the Blockchain 2.0 protocol is gaining more interest.  Ethereum founder Vitalik Butterin on Sunday updated the community regarding the trip, and the significant research and development directions in the Ethereum ecosystem. The ecosystem's delegation to China was important strategically as the Ethereum Foundation nailed down capital there to boost its...
Blockchain DAppsEquities/DerivativesEthereum

Ethereum-Based WeiFund Positions as Web 3.0 Crowdfunding Pioneer

Nick Dodson, a software engineer working within ConsenSys' DApp production ecosystem, has developed a simple crowdfunding platform, called WeiFund, utilizing the Ethereum protocol. Building on Ethereum, Dodson was able to code the crowdfunding platform in under 150 lines of smart contract code. Dodson hopes that WeiFund will become the vanguard DApp of decentralized crowdfunding, making it...
EthereumWallets

ConsenSys Developing Identity-Linked Ethereum Wallet

Ethereum blockchain production studio ConsenSys is developing a personalized web-based wallet and identity management system, known as  uPort . Although the project is in its early stages, the developer has started to integrate identification and persona construct across all of its decentralized applications (decentralized application or DApp), and sees the uPort persona enabling access to any DApp that ConsenSys or...
AltcoinsBlockchain DAppsBlogEthereum

Ethereum Has Only $2.5 Million Cash, Limited Manpower, But Buterin Confident with $50m China VC Fund

Vitalik Buterin, the founder of Ethereum protocol, revealed this week that the Ethereum Foundation's finances were very limited, confirming speculation about the high profile blockchain project's financial health. The major reason for the foundation's limited funds is the failure to sell off its holdings in bitcoin before the price dropped to...
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