BTC price trims $1,600 in under two hours thanks to pressure from sellers near $20,000, while Ether also tanks below $600.
Ethereum launched in summer 2015 with the aim of expanding the use cases of blockchain and cryptocurrency to encompass all manner of decentralized applications beyond Bitcoin’s initial scope, from permissionless financial services and crowdfunding to new organizational structures.
Ethereum was envisioned as a “global computer” that would allow developers to publish and execute apps powered by smart contracts — programmable scripts that facilitate the flow of digital assets.
Ethereum’s native cryptocurrency, Ether (ETH), not only provides an incentive structure similar to Bitcoin (BTC) in securing and maintaining the network but is also used as “gas” to run transactions through smart contracts. This functions as a security measure to protect the network from inefficient code and attacks by malicious actors.
At Cointelegraph, we are chronicling the progress of the Ethereum space. Will it become essential infrastructure for a more open, freer internet? Or will it be surpassed by other smart contract (or traditional) platforms vying for mind and market share?
Ethereum’s proof-of-stake transition takes another step toward completion.7161
YFI token holders will vote on some aspects of the integration.1884
A surge of validators awaiting Eth2 staking has pushed Ethereum’s node count to 11,259 — surpassing Bitcoin by more than 100.20996
Bitcoin broke out to secure a new 2020 high at $19,863 and altcoins look ready to follow BTC higher.19669
Despite some “unanticipated consequences,” the testnets were instrumental in stress-testing Eth2.14150
The U.S. exchange plans to roll out support in early 2021.32996
Akropolis says calling it a merger “is a bit of a misnomer.”4631
Mia the djungarian 'gamble hamster' will power high-stakes marble races with her trusty hamster wheel.18314
The Uniswap rival manages to fend off an attack in a matter of hours.13995
Bitcoin and a few altcoins have seen aggressive buying at lower levels, which could result in a retest of their recent highs.33729
Everyone from the Wall Street Journal to the Queen of England has an eye for Bitcoin in this week's Bad Crypto podcast.11260
"That's how shit gets done here," says one team member14892
According to macro investor Raoul Pal, the latest Bitcoin rally is just the beginning of an institutional-investor-led bull market.43797
Bitcoin’s recent correction is healthy, but several altcoins have lost momentum and could remain range-bound for a few days.45679