Ethereum

Ethereum blockchain's problems include cats and Tether

Ethereum blockchain’s problems include cats and Tether

Rejoice, Ethereum Community! Your blockchain has been chosen to tokenize the rewards by one of the world’s largest social media platforms, Reddit. Despite there being thousands of other projects in the cryptocurrency ecosystem, Reddit chose Ethereum’s blockchain to reward “positive behavior.” Recently, the platform also confirmed that its tokenized rewards will migrate onto the Ethereum …

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Ethereum, Stellar lose momentum while Decred sees bullish revival

Ethereum, Stellar lose momentum while Decred sees bullish revival

The cryptocurrency market underwent a decline which drove the collective market cap to $246 billion, at the time of writing. Following this, Bitcoin fell below $9,000-mark while its dominance also took a minor plunge to 65.6%. Source: CoinStats At press time, BTC was being traded at $8,797 after a slump of 5.06% over the past …

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Developers of Ethereum Privacy Tool Tornado Cash Smash Their Keys

Developers of Ethereum Privacy Tool Tornado Cash Smash Their Keys

Ethereum’s premier coin mixing service is now permissionless. Tornado Cash, a privacy tool for obfuscating the history of Ether (ETH) transactions, completed a cryptographic process known as a trusted setup ceremony on May 10 followed by a contract update on Monday to create perpetually self-executing code. “With a record 1,114 contributions this was by far …

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XRP may be emerging as a rebalancing asset for Ethereum users

XRP may be emerging as a rebalancing asset for Ethereum users

The cryptocurrency market has been tough on many of the market’s cryptos, largely owing to the constant fluctuation in prices. XRP has been one such coin whose price has been restricted under $0.20 since the market crash in March. However, its low trading price and low transaction fees have provided an alternative to many Ethereum …

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Ethereum faces inevitable drop to $187 with low re-test probability at $170

Ethereum faces inevitable drop to $187 with low re-test probability at $170

The last couple of days in the month of April laid down the foundation for Ethereum’s rally in May, but the world’s largest altcoin has been rather disappointing over the past week. After hiking by 15 percent on 30 April, ETH’s valuation plunged by over 5.66 percent over the last 6 days. With bullish momentum …

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Ethereum projects have received nearly $25 million in grant money to date

Ethereum projects have received nearly $25 million in grant money to date

More than 150 Ethereum projects have received nearly $25 million in total grant money to date. The Ethereum Foundation is the biggest donor, awarding over $21 million of the total amount, according to a study by The Block’s Steven Zheng. The foundation is followed by the Ethereum Community Fund, Aragon Foundation, ConsenSys and Protocol Labs. …

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‘Stateless Ethereum’ aims to tackle the blockchain’s growing data burden as ETH 2.0 development progresses

‘Stateless Ethereum’ aims to tackle the blockchain’s growing data burden as ETH 2.0 development progresses

Quick Take ETH 1.x researcher Alexey Akhunov is pushing to start implementing “Stateless Ethereum” – a project aimed to preserve the resilience of the ETH 1.0 network despite the continuous growth of the blockchain – before the end of 2020 The option to download a partial state would allow people to run nodes on cheaper …

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Reddit May Use Ethereum for a New Token-Based Points System

Reddit May Use Ethereum for a New Token-Based Points System

Reddit is experimenting with recording points and perks on a blockchain. According to a user post on the social media platform and confirmed by a company spokesperson, Reddit is experimenting with “Community Points” – a new system for subreddits (communities) that gives power users extra benefits. These Community Points are apparently stored using Ethereum’s ERC-20 …

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Ontology, Dash, Ethereum Classic Price: ETC outperforms Bitcoin with 11% returns

Ontology, Dash, Ethereum Classic Price: ETC outperforms Bitcoin with 11% returns

The cryptocurrency market has been noting a reversal in trend lately, with most cryptos trying to recover their lost gains. Among the many altcoins trying to do so, Ethereum Classic [ETC] managed to wrap a positive YTD, while others’ returns remained in the negative. Ethereum Classic [ETC] Source: ETC/USD on TradingView Ethereum Classic, ranked 21st …

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