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Ethereum 2.0 Price

Buterin Unveils Ethereum 2.0 Roadmap As Coin Nears $500

Buterin Unveils Ethereum 2.0 Roadmap As Coin Nears $500

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Ethereum 2.0 - What Can We Expect From The Update? - Cryptoticker

Ethereum 2.0 - What Can We Expect From The Update? - Cryptoticker

Ethereum was one of the big winners this week pinning down two major points. Their cryptocurrency rose from around $350 to an all-time high of $515 before settling around the $400 mark. But the much more interesting event was the announcement of the 2. generation of Ethereum at the BeyondBlock Taipei 2017 . Although there wont be one date where the platform launches, rather a series of updates, Vitalik Buterin, aka Lama Shirt, laid out the roadmap for the next years of the smart contract platform. The Ethereum killer is Ethereum, the Ethereum of China is Ethereum, the Ethereum of Taiwan is Ethereum 2.0 Vitalik Buterin. Big statements. Its true that it handles more transactions than all major blockchains combined. However since many of the popular dApps such as Storj, Augur, TenX etc. currently run on the Ethereum blockchain, its performance is of major importance. With only 4-8 transactions per seconds it has huge limitations for mainstream market adaption. How is the Ethereum foundation coping with theses challenges? Here are some of the solutions they are proposing. Imagine Ethereum as a huge block of data that has to be shared on all participants. Currently this involves sending/sharing big amounts of data with participants who can make no use of this data. This increases the amount of redundancy and is a major waster of electricity, which at the current moment is one of the main flaws of the system. The problem, according to Buterin, will be solved by sharding. Sharding means splitting the network into smaller components. Each node will only process a small amount of information and validate fewer transactions. This way the system will become more decentralized, Itll increase in speed and data size will be lowered. Successful implementation will lead to comparable Continue reading >>

Vitalik Maps Ethereum 2.0 Roadmap In Taiwan

Vitalik Maps Ethereum 2.0 Roadmap In Taiwan

Vitalik Maps Ethereum 2.0 Roadmap in Taiwan The co-founder of Ethereum Vitalik Buterin laid out at a conference in Taipei a blueprint for the blockchain technology-based platform that aims to address some of the significant problems in Ethereum and suggest some steps to shape up the future. Buterin provided more specific details following the previous substantial amount of information released before. Buterin started his declaration with a sort of tongue-in-cheek commentary on several Ethereum replacement that popped out on the market in the previous months. The young computer scientist said that The Ethereum killer is Ethereum, the Ethereum of China is Ethereum, the Ethereum of Taiwan is Ethereum 2.0. Moreover, Buterin described the four areas, namely privacy, consensus safety, smart contract safety, and scalability, on the latest Ethereum platform that needs to be developed . The Ethereum co-founder came up with a solution that is actively developing for each of the first three. Regarding privacy, Vitalik sees the continued implementation of the Byzantium hard fork as a viable solution as it was able to produce the ability for zk-SNARKs. For consensus safety, Casper is the latest development to provide solutions while Viper and formal verification for smart contract safety. The problem of scaling , on the other hand, is notable. Vitalik enumerated decentralization, scalability, and security as a complex trifecta that can bring pressing challenges in the future. It is easy to acquire any two of the three, however, obtaining all three is challenging. Buttering elaborated that the scalability on the Ethereum without supernodes and on-chain only requires thousands of transactions per second. That is to say that it must deal with all three of the problems. Vitalik shared Continue reading >>

Vitalik Buterin Reveals His Plans For Ethereum 2.0 - Cointelligence

Vitalik Buterin Reveals His Plans For Ethereum 2.0 - Cointelligence

Home News Roadmap for Ethereum 2.0 unveiled by Vitalik Buterin Roadmap for Ethereum 2.0 unveiled by Vitalik Buterin Buterin highlighted four of the major problems currentlyfaced by the network: privacy, smart contract safety, consensus safety, and scalability. Developers claim that Ethereum 2.0 will resolve these issues. Published onDec 01, 2017 20:25 By Danish Yasin Plans for Ethereums next-generation version, Ethereum 2.0, were revealed during the recent Beyond Block 2017 conference in Taiwan. Ethereum founder, Vitalik Buterin, acknowledged existing issues within the second largest cryptocurrency blockchain and presented some solutions for the future. Held on November 25th, the conferences main attraction was Vitalik Buterins statement regarding Ethereums plan to upgrade its blockchain. Buterin highlighted four of the major problems currently faced by the network: privacy, smart contract safety, consensus safety, and scalability. Developers claim that Ethereum 2.0 will resolve these issues. Scalability, being the main focus of Buterins talk, is the biggest issue among the four. To resolve this, a new architecture called sharding will be introduced. Buterin proposed sharding as a way to enable multiple transactions to take place in parallel within the blockchain in different "universes". In this case, safety will not be compromised, as all of these transactions will take place on the same chain. He further explained that these universes are not individual blockchains but rather interconnected systems. Most importantly, they share consensus. Buterin sees sharding as a way to overcome the difficulty of combining the three components of decentralization, scalability, and security. The topic has been touched on by developers in the past, but new details were provided duri Continue reading >>

Buterin Lays Out Ethereum's Next 3-5 Years, Explains Sharding

Buterin Lays Out Ethereum's Next 3-5 Years, Explains Sharding

Buterin Lays Out Ethereum's Next 3-5 Years, Explains Sharding Vitalik Buterin, the founder of the Ethereum blockchain, recently discussed the platforms three-to-five-year plan, highlighting the strategy of increasing privacy and boosting scalability through sharding. On November 25, Ethereum founder Vitalik Buterin addressed a crowd at the conference Beyond Block Taipei, where he discussed many of the blockchain platform's goals for the next three to five years and described some of the ways that he and his colleagues intend to achieve them. He began his talk, entitled "Ethereum 2.0," by noting that the term does not refer to a specific set of updates, but rather to ongoing efforts to improve the platform's performance in areas including privacy and scalability. "Blockchains are public ledgers," he explained, a format which is advantageous in the sense that, "you have lots of nodes verifying data, but on the other hand, blockchains have lots of nodes seeing data." Developers have identified many avenues through which to resolve this paradox and ensure privacy, including "mixers," " state channels," and "some kind of higher-tech cryptographic alternatives." The recent Byzantium hard fork, he reported, enhanced Ethereum's ability to support cryptographic algorithms like "zero-knowledge proofs [and] ring signatures that don't fully solve the privacy problem on their own, but give us some very powerful tools on top of which we can start building the solutions." According to Buterin, the privacy issue is "3/4 of the way to being solved" on the base layer, while more work remains to be done on second layer blockchains. Another Ethereum shortcoming that the young founder acknowledged was proof-of-work mining's stunningly inefficient use of energy. PoW bitcoin mining currently Continue reading >>

Ethereum Price Hits All-time High On Tuesday, January 2 - Business Insider

Ethereum Price Hits All-time High On Tuesday, January 2 - Business Insider

Ethereum's surge comes as bitcoin remains under pressure. LONDON Cryptocurrency ethereum posted a fresh all-time high on Tuesday morning, shaking off the troubles that have dragged down the price of its better established rival, bitcoin, in recent weeks. By 1.00 p.m. GMT (8.00 a.m. ET) on Tuesday, the price of ethereum has climbed more than 12% to trade at around $847. Earlier in the morning it climbed as high as $880, it's record high, as the chart below illustrates: Ethereum, which has been the second biggest cryptocurrency by market capitalisation for some time, saw that crown come under threat during the Christmas period after a huge surge in the price of XRP, a currency created by Ripple that is focused on bank transfers. As Business Insider's Frank Chaparro noted late in December, the cryptocurrency has been on a tear since Ripple's Asian subsidiary and a group of Japanese credit card companies announced a new consortium Wednesday . The consortium aims to identify how blockchain and distributed ledger technology can be deployed in credit card payments. Some in the crypto markets believe that because XRP is now backed by this consortum, it could be more successful in finding a successful practical application for blockchain. According to coinmarketcap.com, Ripple's total capitalisation is now around $91 billion, while ethereum's is roughly $85 billion. "A fierce battle is playing out in the crypto world at the moment between Ethereum and Ripple," Mati Greenspan, an analyst for eToro said in an email on Tuesday morning. "While Bitcoin has been declining in market share, Ripple was on a massive run. The logic is that if bitcoin fails to replace the banking system, the current institutions may just use the Ripple network to integrate blockchain technology, speed up t Continue reading >>

Vitalik Buterin Revealed His Plans For Ethereum 2.0. - Cointelligence

Vitalik Buterin Revealed His Plans For Ethereum 2.0. - Cointelligence

Home News Ethereum creator reveals Ethereum 2.0 roadmap as price soars Ethereum creator reveals Ethereum 2.0 roadmap as price soars During the last annual Beyond Block Taipei 2017 conference that was hosted by Taiwan, the Ethereum creator, Vitalik Buterin, revealed his future plans for the cryptocurrency. According to Buterin, Ethereum 2.0 will focus on attaining a scalability level that could rival that of VISA within the next five years. Published onNov 29, 2017 03:58 By Ali Raza The creator of Etherum, Vitalik Buterin, recently revealed his plans for Ethereum 2.0. During the last annual Beyond Block Taipei 2017 conference that was hosted by Taiwan, the Ethereum creator, Vitalik Buterin, revealed his future plans for the cryptocurrency. According to Buterin, Ethereum 2.0 will focus on attaining a scalability level that could rival that of VISA within the next five years. Buterin previously discussed his future plans for Ethereum during the cryptocurrencys annual Devcon3 conference, hosted in Mexico earlier this year. Buterin has finally made more details available regarding this project. In his conference address, Buterin once again laid emphasis on the many challenges faced by Ehtereum, including user privacy, scalability, and reliability of both smart contract and consensus. According to Buterin, he is already in the process of developing viable solutions to address issues of privacy. as well as smart contract and consensus reliability. In order to enhance Ethereum users transaction privacy, Buterin states that the Ethereum team will employ zk-SNARKs technology in their Byzantium fork. In terms of consensus reliability, the team is currently working on the Casper project, which will eventually replace the current proof-of-work system with proof-of-stake. In additio Continue reading >>

Vitalik Unveils Ethereum 2.0roadmap

Vitalik Unveils Ethereum 2.0roadmap

How Ethereum plans to address current problems in theprotocol Vitalik publicly reveals plans for Ethereum 2.0. Credits to the organizers of BeyondBlock Taipei 2017 for thephoto. On behalf of the entire team at COBINHOOD , we are honored to be part of Beyond Block Taipei 2017 , where we were able to stand alongside and exchange ideas with our peers in the Ethereum community. Most significant, perhaps, was the unveiling of the roadmap for Ethereum 2.0 by Vitalik Buterin, co-founder of Ethereum. Below is a short takeaway from his talk, followed by a short introduction to COBINHOOD (in case you dont know who we are yet ). During Vitaliks talk, who was the final speaker during the event, he started off by sharing the most significant problems Ethereum needs to solve and how these issues can be addressed with the introduction of Ethereum 2.0. He began by noting that Ethereum will be evolving over time, and 2.0 will lay the groundwork for what the protocol will look like in the future. In essence, Ethereum 2.0 will advance the core model of the protocol through sharding, which, to paraphrase his words, sharding is like creating a blockchain with a hundred different universes with different account spaces in each universe. But these universes are not just separate blockchains, according to Vitalik, they are systems that are interconnected with one another, which also share consensus. Sharding is also seen to provide quadratic scalability. Note that, the shards will create new address space and will not be affecting existing address space which gives us a unique opportunity to make many important (but backward incompatible!) changes to the protocol, stressed Vitalik. So, claimed Vitalik, in order to break one of these shards, you have to break the whole thing. Apart from this, Continue reading >>

Ethereum (eth) Price Prediction For 2018 - The Blockchain 2.0

Ethereum (eth) Price Prediction For 2018 - The Blockchain 2.0

Ethereum (ETH) Price Prediction for 2018 - The Blockchain 2.0 In this video I am looking at possible scenarios of how the Ethereum price will progress in 2018. I will make those videos for all of the other major cryptocurriences so subscribe for more! :-) Telegram: t.me/joinchat/F2AEhRGvvSlFITzzGlY3OA You can support my channel by subscribing and sharing my videos. Kucoin referral: www.kucoin.com/#/signup?r=E2UdRc Hey guys. I recorded this video yesterday and since then Bitcoin Cash was listed on Coinbase but I think that it doesn't affect Ethereum in any way really. BCH is a direct competition to BTC and LTC - ETH is unique to the point where it shouldn't be affect by the BTC/BCH war. great prediction pal please could you research electronium and do a presentation. great stuff!!!! Regulation- I cant understand why so many people see regulation as a 'con'. regulation is much needed and will open the market up to a much broader group of investors. Thanks for the video. @cryptocoins Do you have a specific wallet you suggest holding eth in? Useful info as usualthese price prediction videos are great. How about Populous and Skycoin? Ethereum is way undervalued. It should be worth in the thousands because of its great security, far speed and cheap fees. Excellent video Hi guys!! I have an important falcet to win a good profit in ETH.. Buy Litecoin now ! there will be millions going into Litecoin over the holiday break as first time investors will buy 1 to 5 Litecoin wanting to get their feet wet in cryptos and its the cheapest on coinbase - once it recovers from Charlie Lees sell off and people are off work looking to invest in their time off - WATCH OUT ! get it now while its cheap ! 500 by new year minimum. Nice video as always bro! Would be awesome to see a video where y Continue reading >>

What Is Ubiq? Ethereum 2.0? Steemcreated With Sketch.

What Is Ubiq? Ethereum 2.0? Steemcreated With Sketch.

UBIQ is a decentralised platform which allows for the development and deployment of smart contracts and decentralised applications (Dapps). The UBIQ blockchain - which is a globally distributed ledger - is built upon an improved Ethereum codebase, allowing developers to automate thousands of tasks that are currently carried out by third party intermediaries. An example of a task is the listing of a house/apartment for rent or sale. Traditionally, the seller and the buyer would have to arrange a meeting where the contract is signed and the keys are handed over. The seller would have to trust that the buyer will adhere to the payment plan listed in the contract and if not, litigation would have to take place which could entail extortionate fees and the waste of valuable time. Secondly, the contract could be lost or covertly modified by either the buyer or the seller with bad intentions. In this case, It would be the buyer's word against the sellers. Alternatively, the seller could choose to hire a letting agent to deal with the handover of the keys and the signing of the contract. However, this incurs extra costs as the letting agent would have to be paid for their services. Smart contracts allow the automation of this complicated process. The seller would simply encode the agreements listed in the physical contract onto the UBIQ blockchain creating a smart contract. The seller would also deposit the digital access key to the apartment/house into the smart contract, the condition for release being the payment of 100,000 UBIQ tokens from the buyer. The exchange would occur instantly with the transaction and new ownership of the house recorded on the blockchain. There is no possibility of the contract being lost or modified as there are thousands of copies throughout the b Continue reading >>

Raiden Network Releases Raiden: Gateway For Ethereum 2.0 : Cryptocurrency

Raiden Network Releases Raiden: Gateway For Ethereum 2.0 : Cryptocurrency

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The Ethereum Killer Is Ethereum 2.0: Vitalik Buterins Roadmap

The Ethereum Killer Is Ethereum 2.0: Vitalik Buterins Roadmap

The Ethereum Killer Is Ethereum 2.0: Vitalik Buterins Roadmap Speaking on November 25 at BeyondBlock Taipei 2017 , Ethereum inventor andco-founder Vitalik Buterin outlined his vision for Ethereum 2.0. He described major changes in Ethereums architecture that are likely to be implemented over the next few years to improve Ethereum in terms of privacy, safety (consensus safety and smart contract safety) and, of course, scalability, which was the main focus of Buterins talk. Buterin doesnt seem worried about competitors. The Ethereum killer is Ethereum, the Ethereum of China is Ethereum, the Ethereum of Taiwan is Ethereum 2.0, he said. The fact that Ethereum is booming seems to confirm Buterins optimism. ETHs price has been relentlessly climbing, recently reaching almost $500, and Ethereum is handling more transactions than all other major blockchains combined. Decentralization, scalability and security are among the important properties that blockchain systems should have, but there are conflicts. Off-chain solutions are useful, but limited. According to Buterin, its very easy to have two of these properties but very hard to have all three. However, Ethereums ambitious goal should be that of achieving all three at the same time. We want to scale to thousands of transactions per second, on chain, without any supernodes, reads one of Buterins slides. Sharding dividing a blockchain network into several smaller component networks (called shards) capable of processing transactions in parallel is considered to be a promising way to achieve high throughputs comparable to the thousands of transactions per second of traditional payment networks such as Visa and MasterCard. You can think of [sharding] as, in a fairly simple version, creating a blockchain where you have, lets say, Continue reading >>

Ethereum Price - Coindesk

Ethereum Price - Coindesk

The vice president of the European Central Bank saidyesterday that investors are taking a risk buying bitcoin at current high prices. How many people do you think own bitcoin? I would like to receive the following emails: CoinDesk Weekly - Insights for the week ahead CoinDesk Daily - Our snapshot of the day's news Subscribe to our free newsletter and follow us Continue reading >>

Ethereum Price - Ethereum Price Chart & History In Usd

Ethereum Price - Ethereum Price Chart & History In Usd

Ethereum is a developer platform for the creation of decentralized applications running on blockchain, through the use of smart contracts. It was launched on June 30, 2015 by Vitalik Buterin and has been gaining popularity ever since. At the time of writing, Ethereums market cap is at $4,713,144,698 only second to Bitcoin. Just like Bitcoin, Ethereum is a platform based on blockchain technology. Blockchain as we know it has many applications that go beyond digital currencies. Today, Bitcoin is one of the several hundred of applications that use blockchain. In simplest terms Ethereum is an innovation based on the technologies and concepts that originally pioneered Bitcoin. Smart contract aka cryptocontract is a term used to describe a program that help you exchange money, property, shares, or anything of value in a transparent, conflict-free way. These are the programs that follow a series of steps every time they receive a message called a transaction. Think of a smart contract as a traditional contract between two parties. It can not only define the rules and penalties of the agreement, but also automatically enforce those obligations. Smart contracts achieve this by by taking in information as input, assigning value to that input through the rules set out in the contract, and executing the actions required by those contractual clauses. Ether is the currency or value token of the Ethereum blockchain. That means Ether is required by anyone wanting to build upon Ethereum platform. It is listed as ETH and traded on cryptocurrency exchanges like any other cryptocurrency. There are three ways you can get hold of Ethereum. Most popular exchanges to buy ETH with USD, EURO, Yuan and other currencies are Coinbase and Cex.io. You can also use Bitcoin to buy ETH from the trusted Continue reading >>

Is Ethereum Gearing Up For A Flippening 2.0?

Is Ethereum Gearing Up For A Flippening 2.0?

Is Ethereum Gearing Up For a Flippening 2.0? Ethereum continues its bullish run today, with the currency up another $200 to a new all-time high of almost $1,400 before currently settling at around $1,300. While its trading volumes are up now to around $10 billion, more than half of BTCs trading volumes for the past 24 hours. Ethereums market cap has also risen to more than 50% of bitcoins market cap, currently standing at $128 billion. With some suggesting ethereum is headed for $2,000, which would give it a market cap of around $200 billion, not far off from taking that top spot. But is that realistic? It is of course the case that no one knows with price being unpredictable by nature as future events could bring all sorts of news, but ethereum seems to have decoupled from bitcoin recently in an inverse correlation of sorts. While ethereums price has been rising, bitcoins price has been falling, down from some $17,000 to $13,000 before somewhat recovering to $14,000. After reaching a high of $20,000, then briefly halving to $10,000, bitcoin might have seen its peak, at least for now, so giving way to the show to Ripple first, which overtook eth in market cap, and now seemingly to ethereum, which stands at nearly twice the current market cap of XRP. Bithumb has returned to top position for eth, with the BTC pair following very closely, handling some $700 million in trading volumes. Considering the apparent inverse correlation in the past few days, most of that volume might be one way, from BTC to eth. Spring might have come early for ethereum. As can be seen above, the currency tends to start slowly moving up in around late January/early February. Then, it tends to move somewhat fast near summer. It almost overtook bitcoin in market cap last May, but a sell-off after a Continue reading >>

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