Ethereum news highlight the latest developments of the world's largest platform for smart contracts and decentralized applications (dApps). The protocol, which was first envisioned by Vitalik Buterin in 2013, is rather versatile and offers many features which have earned the network many nicknames: the world computer, the DAO (Decentralized Autonomous Organization) platform, the network to tokenize everything, the Turing complete Bitcoin, the smart contracts machine, the ICO platform, and the bureaucracy replacer.
The current project which we refer to as "Ethereum" is the faction that forked from the original blockchain in 2016 after the DAO hack, when the decision of the community members was to roll back the blockchain to retrieve stolen funds. The other side is currently called Ethereum Classic and is committed to operate under a set of rules that makes it more similar to Bitcoin.
A few months after becoming the world's second biggest cryptocurrency in terms of market capital in March 2016, Ethereum news about scalability issues emerged. Correspondingly, developer teams across the world have decided to start working on improvements such as second layers (Plasma, Raiden) and fundamental changes (blockchain sharding and Casper Proof of Stake, which will eventually lead to Ethereum 2.0).
Though it hasn't managed to flippen Bitcoin and is being challenged by competitors such as EOS, NEO, Tezos, TRON, and Cardano, Ethereum manages to remain relevant in the cryptocurrency space thanks to its bold approach to innovation and willingness to take on risks. As opposed to Bitcoin, the governance of ETH is more centralized, with the Ethereum Foundation which has a lot of influence on the decision making and a well-documented precedent of being able to fork the blockchain in order to revert transactions.
Crypto Insider will bring you the freshest and most relevant Ethereum news, as our journalists will tackle both the protocol improvements and the price movements via technical analysis.
In the first Season 4 episode of "Silicon Valley," Richard drops a bomb: he wants to leverage the super video compression algorithm of Pied Piper to build a fully decentralized Internet powered by billions of cell phones. Is Silicon Valley Season 4 About Ethereum?
In ten minutes, the Gnosis ICO set a new record by raising $12.5 million in a token offering via a Dutch auction. The ICO proceeds will be used to further develop Gnosis' Ethereum-based platform for easy to deploy, easy to use prediction markets.
Initial Coin Offerings (ICOs) and crypto token sales are all the rage, as shown by the spectacular success of initiatives previously covered by Crypto Insider, which raised tens of millions of dollars with breathtaking speed. This is a roundup of recent success story in the ICO space. It's becoming evident that the ICO funding model is fast becoming a valid alternative to traditional VC models.
Gnosis announced a decentralized platform for prediction markets, built on Ethereum, which allows anyone to create a prediction market for any event. According to the company, the platform could power a more efficient information society.
Want to be paid for surfing the web? Brave believes you should be. The company is designing a blockchain-based digital advertising platform based on Ethereum. Brave's Basic Attention Token (BAT) is due to be released later this year.
Ethereum-based blockchain banking app Humaniq, offering financial inclusion solutions for the unbanked, launched its public crowdsale on April 6, 2017. The Humaniq ICO, which will continue through April 26, 2017, raised more than $2 million in its first day.
A next-generation Ethereum-based distributed cloud computing platform is coming. The project, called iExec (I Execute) is led by an innovative team of research scientists in France who will launch a crowdsale on 12 April.
When it comes to making changes to a cryptocurrency, RSK does not believe changes should be made at the base protocol level to fix an issue between users of the cryptocurrency. According to RSK, forks should only be included to fix bugs or to improve the platform to make it grow in the future - but never in a situation such as The DAO.