Tag: ethereum

Payment solution BitPay will soon accept ethereum, the second-largest cryptocurrency by market capitalization, according to an announcement from the company today. With BitPay, subscribing businesses will be able to pay in bitcoin, bitcoin cash, and ether, along with a handful of stablecoins. Launched in 2011, BitPay settles both fiat and crypto payments in over 200 […]

After delays, Linzhi has ordered the first chips for its new E1400 Ethereum mining ASIC. Testing on the unit, which hopes to smash the current MH/s rates of top-end Ethash mining kit, will begin in mid-November. A new range of high-performance Ethereum mining equipment is apparently in the pipeline, and – should its ambitions be […]

Like many ideas in the blockchain industry, a general confusion shrouds so called ‘ Ethereum Smart Contract ’. A new technology made possible by public blockchains, smart contracts are difficult to understand because the term partly confuses the core interaction described. While a standard contract outlines the terms of a relationship (usually one enforceable by […]

Like other public blockchains, ethereum intends to support as many users as it can, but can Ethereum Scale? The problem is that, today, we don’t really know the limits of the platform. Because of a hard-coded limit on computation per block, the ethereum blockchain currently supports roughly 15 transactions per second compared to, say, the […]

Now that you know “How Ethereum Mining Works“, you may want to know how to compete in the race to mine ether yourself – How To Mine Ethereum? To recap, mining is the glue that holds ethereum’s ‘decentralized app store’ together by ensuring that it comes to consensus on each change to any of the […]

Today, miners play an important role in making sure ethereum works. How Ethereum Mining Works? This role isn’t immediately obvious, though. Many new users think that the sole purpose of mining is to generate ethers in a way that doesn’t require a central issuer (see our guide “What is Ether?“). This is true. Ethereum’s tokens […]

Is the World’s Second Most Popular Cryptocurrency Dying a Slow Death? Ethereum, the world’s second most cryptocurrency after Bitcoin, is gradually losing its foothold in the market. It’s market capitalization has almost halved since the end of June, and it is trading at just a fraction of its all-time high. Are all the crypto-flipping enthusiasts […]

Now that we’ve covered what ethereum is, let’s dive deeper into how the platform functions under the hood How Ethereum Works. Consider the online notebook application described in “What is Ethereum?” Using ethereum, the app doesn’t require one entity to store and control its data. To accomplish this, ethereum borrows heavily from bitcoin’s protocol and […]

Who Created Ethereum? In 2008, an unknown developer (or developer group) invented bitcoin as a new way to send value over the internet. Four years later, a 19-year-old dreamed up a new platform based off of this innovation in an effort to transform the internet entirely. Vitalik Buterin, a programmer from Toronto, first grew interested […]

The thought of using ethereum might sound intimidating, but it could be rewarding. If the ‘unstoppable world computer’ develops according to plan, it could provide alternatives to the Facebooks and Googles that many people use everyday (as explained in “What is Ethereum?“). Ethereum might not be as intuitive as the web as we know it […]

Ether As we explored in “What is Ethereum?“, ethereum aims to function both as a kind of decentralized internet and a decentralized app store, supporting a new type of application (a “dapp”) in the process. So What Is Ether? But while no one owns ethereum, the system that supports this functionality isn’t free. Rather, the […]

Before you can understand What is Ethereum, it helps to first understand the internet. Today, our personal data, passwords, and financial information are all largely stored on other people’s computers – in clouds and servers owned by companies like Amazon, Facebook, or Google. Even this TheCoinRise article is stored on a server controlled by a […]

EOS, Ethereum, and Litecoin Lead Massive Dump to $9,500 Yesterday’s Bitcoin carnage saw over $20 billion in USD value wiped out from the total crypto market capitalization. The Bitcoin Price Dump affected nearly all crypto assets, including Ethereum, EOS, and Litecoin – even Bitcoin, which has maintained support despite altcoins collapsing around it. But new […]