Ethereum
Market Capitalization
https://coinmarketcap.com/currencies/ethereum/
Description
Ethereum is a blockchain that works as a platform for creating decentralized applications.
The idea behind the Ethereum blockchain is to take a step beyond the Bitcoin, and act as a platform for building smart contracts and applications.
The emergence of Ethereum has facilitated the growth of the Initial Currency Offerings (ICOs), which is a fund-raising model to finance blockchain-based projects through the protocol named ECR-20.
Transactions that occur in the Ethereum blockchain use Ether, as its cryptocoin is called.
Type
Platform for Decentralized Applications and Currency (Ether)
Symbol
ETH
Currency Supply Limit
There is no supply limit for Ethers, but their emission is adjusted to an inflation rate determined by the difficulty of block processing
Official Project Website
https://www.ethereum.org/
Documentation
Original Whitepaper
Year of creation
2014
Created by
Vitalik Buterin
Transaction Validation Method
Proof-of-work
It is expected that in one of the future updates, Ethereum will switch to Proof-of-stake
Validation Cryptographic Protocol
Ethash
Code Type
Opensource (project on Github)
Blockchain Explorers
https://etherscan.io/
Forms of Acquisition
- Mining (Proof-of-work)
- Direct purchase in exchanges or third parties
- Faucets
Useful Websites
Wiki - https://theethereum.wiki/w/index.php/Main_Page
Statistics - https://bitinfocharts.com/ethereum/
Applications Developed on the Ethereum Network - https://www.stateofthedapps.com/
Transaction Cost and GAS Price Recommendation - https://ethgasstation.info/
Cryptkitties, one of the most famous Etheretum application - https://www.cryptokitties.co
History
End of 2013 - The whitepaper written by Vitalik Buterin is published
?? January 2014 - Ethereum is publicly announced and its development begins
July 2014 to August 2014 - Period of the crowdsale of Ethereum
November 2014 - The DEVCON-0 event takes place in Berlin, bringing together developers of Ethereum
July 2015 - Experimental launch of the Ethereum network, codenamed "Frontier"
November 2015 - The DEVCON-1 event takes place in London, bringing together developers of Ethereum
March 2016 - Launch of the stable version of the Ethereum network, codenamed "Homestead"
May 2016 - The collective sale for DAO ( Organization Decentralized Digital Autonomy ) raises 150 million dollars
June 2016 - In a DAO Attack, 3.6 Million Ethers were diverted to a "DAO son", resulting in a series of forks that culminated in the freezing of this Ether, and in the Ethereum (ETH) and Ethereum Classic (ETC)
March 2017 - Enterprise Ethereum Alliance (EEA) is created a non-profit organization with the participation of many large technology companies.
October 2017 - Launch of the "Metropolis" version of the Ethereum platform