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How Many Finney In Ethereum

Free Ethereum (ether, Eth)

Free Ethereum (ether, Eth)

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. In many ways Ethereum is how the Internet was supposed to work. Free, open and uncensored. To run application on the Ethereum network you need to have ether. Ether (ETH) is the currency that is distributed to the miners and contributors for upholding the network. So to get Ethereum you can always start mining with your computer or dedicated Ethereum mining hardware or Ethereum cloud mining services. However, there is other ways that you can acquire Ether (ETH). By adding you wallet address to Ethereum facuets you can start earning Ethereum today. You can also receive Ether by completing tasks such as visiting websites, downloading and playing games, watching videos and answering surveys. Ethereum wallets does not matter. Maybe the complicated installation of the local Ethereum Geth wallet is turning you off. If so, then you could always get an online wallet from BIT.AC, the wallet is easy to create and does not require to be downloaded and installed. With BIT.AC you can also convert your Ethereum to Bitcoin or other cryptocurrencies quickly. This can be found in your wallet software or your wallet page (if using an online wallet). The wallet address is usually very easy to find within the interface and is a Base58-encoded string similar to this one: 0x1c10a5aabc2555ee3027d5758c4b7b462605f972 A Computer and a Browser (or Mobile Device) Below you will find a selection of Ethereum faucet and earning websites. Follow the instruction on each site to complete the collection of your free Ether. Usually its as simple as copying and pasting in your Ethereum address in the wallet address fi Continue reading >>

The First Blockchain Smartphone Will Come Preloaded With Mobile Ethereum Client Status

The First Blockchain Smartphone Will Come Preloaded With Mobile Ethereum Client Status

The first blockchain smartphone will come preloaded with mobile Ethereum client Status Blockchain technologies arent limited to the virtual world. The foundation of decentralized cryptocurrencies such as Bitcoin and Ethereum is also being applied to hardware products. Sirin Labs the company that created the $14,000 Solarin smartphone earlier this year announced a smartphone named Finney, which it claims is the only smartphone in the world thats entirely secure. That means it is safe enough to hold cryptographic coins. Today, Sirin has announced that Finney will come preloaded with mobile Ethereum client Status . The integration will enable seamless use of both the Finney and Status tokens. Status, which successfully raised more than $100 million in less than 24 hours via its SNT token sale, is currently developing its solution an open source messaging platform and mobile browser that allows users to interact with decentralized applications (dApps) that run on the Ethereum network. That means Finney will come preloaded with the ability to access encrypted messages, smart contracts, digital currencies, and more. We have a commitment to the open source community to bring this technology to market, Status cofounder Carl Bennetts told VentureBeat. We will continue to partner with leaders in the space to drive the development of Ethereum-based innovation forward, and ensure it makes it to the smartphones of people around the world. The combination of a secure smartphone and the Status messaging and browser platform is certainly an intriguing one, as it places a fully decentralized solution in its users pockets. Our goal is to standardize blockchain technology while maintaining a simple and friendly user experience, Moshe Hogeg, founder and CEO of Sirin Labs, told VentureBeat Continue reading >>

A Gentle Introduction To Ethereum

A Gentle Introduction To Ethereum

Ethereum builds on blockchain and cryptocurrency concepts, so if you are not familiar with these, its worth reading a gentle introduction to bitcoin and a gentle introduction to blockchain technology first. This article assumes the reader has a basic familiarity with how Bitcoin works. Ethereum is software running on a network of computers that ensures that data and small computer programs called smart contracts are replicated and processed on all the computers on the network, without a central coordinator. The vision is to create an unstoppable censorship-resistant self-sustaining decentralised world computer. The officialwebsite is Itextends the blockchain concepts from Bitcoin which validates, stores, and replicates transaction data on many computers around the world (hence the term distributed ledger). Ethereum takes this one step further, and also runs computer code equivalently on many computers around the world. What Bitcoin does for distributed data storage, Ethereum does for distributed data storage plus computations. The small computer programsbeing run are called smart contracts, and the contractsare run by participants on their machines using asort ofoperating system called a Ethereum Virtual Machine. To run Ethereum, you can download (or write yourself if you have the patience) some software called an Ethereum client. Just like BitTorrent or Bitcoin, the Ethereum client will connect over the internet to other peoples computers running similar client softwareand start downloading the Ethereum blockchain from them to catch up. It will also independently validate that each block conforms to the Ethereum rules. What does the Ethereum client software do? You can use itto: Create new transactions and smart contracts Your computer becomes a node on the network, r Continue reading >>

The World Of King Of The Ether

The World Of King Of The Ether

Thought King of the Ether was the only Throne? Well, there's a whole world out there - and if you like, you can create (fork?) your own alternative Kingdom where you make the rules and get a 50% share of the commission ... Important: This webpage is no longer being updated - the contract will continue to work on the blockchain but new Kingdoms will NOT be listed here - please do not send funds to the contract. Thank you to all the past Kings / Queens / Wiazards and for your interest in the world of King of the Ether. As of May 2017, these were the fine kingdoms that had been established ... Important: This webpage is no longer being updated - the contract will continue to work on the blockchain but new Kingdoms will NOT be listed here - please do not send funds to the contract. Instructions have been left here for historical interest (and in case any wizards want to withdraw their fees). Thank you to all the past Kings / Queens / Wiazards and for your interest in the world of King of the Ether. If you're using a recent version of the Ethereum Wallet, you can watch and interact with the World contract. The fee to create a kingdom was 1 ETHER (less than 10 US dollars at the time!). 1. Open your Ethereum Wallet. Choose 'Contracts' in the top-bar, then click 'Watch Contract'. 2. On the 'Watch Contract' pop-up, fill in the following details: [{"constant":false,"inputs":[{"name":"_kingdomName","type":"string"},{"name":"_startingClaimPriceWei","type":"uint256"},{"name":"_claimPriceAdjustPercent","type":"uint256"},{"name":"_curseIncubationDurationSeconds","type":"uint256"},{"name":"_commissionPerThousand","type":"uint256"}],"name":"createKingdom","outputs":[],"type":"function"}, {"constant":false,"inputs":[],"name":"withdrawFunds","outputs":[],"type":"function"}, {"constant":f Continue reading >>

Homestead-guide/ether.rst At Master Ethereum/homestead-guide Github

Homestead-guide/ether.rst At Master Ethereum/homestead-guide Github

Gas is supposed to be the constant cost of network resources/utilisation. You want the real cost of sending a transaction to always be the same, so you can't really expect Gas to be issued, currencies in general are volatile. So instead, we issue ether whose value is supposed to vary, but also implement a Gas Price in terms of Ether. If the price of ether goes up, the Gas Price in terms of ether should go down to keep the real cost of Gas the same. Gas has multiple associated terms with it: Gas Prices, Gas Cost, Gas Limit, and Gas Fees. The principle behind Gas is to have a stable value for how much a transaction or computation costs on the Ethereum network. Gas Cost is a static value for how much a computation costs in terms of Gas, and the intent is that the real value of the Gas never changes, so this cost should always stay stable over time. Gas Price is how much Gas costs in terms of another currency or token like Ether. To stabilise the value of gas, the Gas Price is a floating value such that if the cost of tokens or currency fluctuates, the Gas Price changes to keep the same real value. The Gas Price is set by the equilibrium price of how much users are willing to spend, and how much processing nodes are willing to accept. Gas Limit is the maximum amount of Gas that can be used per block, it is considered the maximum computational load, transaction volume, or block size of a block, and miners can slowly change this value over time. Gas Fee is effectively the amount of Gas needed to be paid to run a particular transaction or program (called a contract). The Gas Fees of a block can be used to imply the computational load, transaction volume, or size of a block. The gas fees are paid to the miners (or bonded contractors in PoS). Continue reading >>

The Psychology Of Fractional Ether : Ethtrader

The Psychology Of Fractional Ether : Ethtrader

Given the current price of Ether, and the hopeful future increase in price as adoption grows and the technology matures, the reality is we will be transacting in fractions of Ether on a day-to-day basis. What does this mean? I personally believe that people do not like fractions of things, but rather multiples. That's why we say "50 cents" instead of "1/2 a dollar". Multiplying is inherently easier than dividing, and from a psychological perspective, people like owning multiples of things instead of less than one of a thing. If Ether is at $1000, for example, newcomers may not even know that they can buy less than 1 Ether at a time, which would negatively impact their ability to invest or boost their investment own a recurring basis. We have seen this with Bitcoin already, with "Satoshis" and "mBTC". There are already names for fractional either, namely the "Finney". I personally find it....less than ideally named. But maybe I will get used to it if they catch on. 1 Finney = 1/1000 Ether. So we may have to get used to buying a coffee for 5 Finneys instead of 0.005 Ether. 1 ether = 1/1000 Ether (capitalized). This is how we refer to Calories when we eat food. A Calorie is actually a kilo-calorie. 1 eth = 1/1000 ether. Shorthand name is 1/1000 of the full name. This has potential, but we already shorten Ether to Eth regularly in conversations so it would take some re-learning to achieve mEth. 1000 milli-Eth = 1 Eth. Added this one as a joke :) What are your thoughts? How should we be referring to fractional Ether for day-to-day transactions as the technology catches on? Continue reading >>

Etherum Price | Eth Usd | Chart | Etherum Us-dollar | Markets Insider

Etherum Price | Eth Usd | Chart | Etherum Us-dollar | Markets Insider

Just when you thought you had your head around bitcoin, along comes Ethereum. The word has been in a lot of headlines as the cryptocurrency world's new favorite thing soared in value. The ethereum price of something called an ether token grew in value up over 3,000% from 2016 - 2017. Bitcoin, which is far more widely known as an alternative 'currency', is up about 141% in that same time. But what exactly are ether tokens and Ethereum? And how is it different than bitcoin? We've broken it down for you. The reason you've been hearing about bitcoin for years, but Ethereum only recently, is that the latter was only developed two years ago while bitcoin's been around for almost eight years. Ethereum was created by Vitalik Buterin, a young programmer who was told about bitcoin by his father and decided to create a platform for smart contracts; which bitcoin is not designed to do. The Moscow native began working on Ethereum after he dropped out of college, according to CNBC. Ether tokens and bitcoin are called cryptocurrencies because they can be only be bought and sold digitally, are used to pay for things (including pre-school tuition), and because they fall outside of the control of central banks and other government entities that might control a national currency. They're built on a technology called blockchain. That's a kind of ledger that records and verifies transactions made on it. All transactions made on these so-called decentralized networks are public and not controlled by one governing entity. Lately, the idea that both sides of a party say two banks that buy and sell shares from each other can get an accurate and verifiable record of the transaction instantly, has gripped Wall Street and other institutions as something that can be used in lots of ways. There are Continue reading >>

What The F Is A Finney? Thomas Jay Rush Medium

What The F Is A Finney? Thomas Jay Rush Medium

Blockchain Enthusiast, Founder QuickBlocks.io and Philadelphia Ethereum Meetup, MS Computer Science UPenn When I was nine, my Dad took me to a Phillies baseball game for my birthday. I dont remember the game, but I do remember that he yelled at me for not being careful with my money. We were in the hot-dog line, and he asked me if I still had the money he gave me earlier, so I pulled four crumpled one-dollar bills out of my pocket. Two of the bills fell to the ground. Someone walking past accidentally kicked them, and I had to scramble to get them back. You dont know how to take care of money, he yelled. It was an overreaction I agree. Its the only thing I remember from that day. To make a blatant understatement money is important. As early as 15,000 years ago, people used Anatolian obsidian as money. Since then, people have used copper, silver, gold, grains of wheat, and even sheep and cattle as money. Early laws such as The Code of Hammurabi laid down rules for money such as the amount of interest one might charge, fines for wrongdoing, and even levels of compensation for various jobs. One culture even tried to use cow manure as money. An early (and unsuccessful) form ofmoney Certain materials obviously serve better as currency than others. One important attribute of ancient currencies was scarcity. Anatolian obsidian is harder to get your hands on than grains of wheat. Yes, you can pick them both up off of the ground (Dad!), but to get Anatolioan obsidian, you have to go to Anatolia. In other words, its an indistinguishably valuable division of an ether. A finney is one one-thousandths of an ether. There are four formal names for the sub-divisions of ether: the wei, the szabo, the finney, and, of course, the ether. A wei is the most basic unit in the ethereum world. Continue reading >>

What Is Ether? - Ethereum And Blockchain Resources

What Is Ether? - Ethereum And Blockchain Resources

Ether is the currency that fuels the Ethereum ecosystem. In order for any function to occur on the Ethereum blockchain, including the execution of EDCCs , Dapps ,and other transactions, there needs to be gas to push it along.Ether is the gas in this circumstance. If you want to utilize an EDCC or develop a Dapp, you will need to furnish Ether usually in a small denomination per transaction. Making changes or adding new entries to the Ethereum blockchain can require numerous small expenditures (microtransactions) of Ether tokens. In addition to serving as fuel for the Ethereum blockchain, Ether can be used as a token for Ethereum-platform-based utilities, as a currency to pay for goods and services, and also as an investment. How small of a microtransaction are we talking? Well, one full token of Ether breaks down into a quintillion Wei! Wei is the smallest denomination in which you can transact Ether, just as pennies are the smallest denomination in which you can transact the US dollar. (There are just a lot more Wei per Ether than there are pennies per dollar a LOT.)Other Ether denominations are a Finney (a thousandth of an Ether), a Szabo (a millionth of an Ether), and a Shannon (aka Gwei or Nano), which is a billionth of an Ether. Users can obtain Ether by mining or purchasing. Mining Ether is a resource-heavy endeavor that currently requires high-powered computing and draws an expensive amount of electrical power. Also, because of the way the Ethereum blockchain is designed, it becomes computationally more difficult to mine Ether as time goes on. As a result, the resource demands of mining become financially prohibitive for many individuals and often require that an individual miner join others in mining pools, or use third-party services. The second and easiest wa Continue reading >>

Erc: Finalise Unit Names #33

Erc: Finalise Unit Names #33

My opinion is that while I support using only ether and wei for the end user (with SI extensions) and retiring the use of all other uses, I don't think removing them from web3.js is the solution. End users shouldn't be caring about variable inside the web3 object. You'll notice that on the wallet for example we don't even use SI units. The price of gas for example is defined as "X ether per million gas" In numismatic, the face of a person on a coin or a banknote is called "Effigy". So here's a compromise solution: officially the only units become ether and wei, and we call all others suggested effigies. This allows the names to be kept for historical reasons and niche discussions (for example, when deciding what would be the default gas price at launch, calling them "shannon" was very useful). So 0.000001 ether can be described using the unit micro ether while Szabo is just considered a suggested effigy. This is how it's currently described on the web3.js library: SI Short SI Full Effigy Other - kwei femtoether ada - mwei picoether babbage - gwei nanoether shannon nano - -- microether szabo micro - -- milliether finney milli - ether -- -- - kether einstein grand - mether - gether - tether frozeman changed the title fromfinalize unit namestoERC: finalise unit names Continue reading >>

Ether Ethereum Homestead 0.1 Documentation

Ether Ethereum Homestead 0.1 Documentation

The Ethereum Wallet supports sending ether via a graphical interface. Ether can also be transferred using the geth console. > var sender = eth.accounts[0];> var receiver = eth.accounts[1];> var amount = web3.toWei(0.01, "ether")> eth.sendTransaction({from:sender, to:receiver, value: amount}) For more information of ether transfer transactions, see Account Types, Gas, and Transactions . Ethereum is unique in the realm of cryptocurrencies in that ether has utility value as a cryptofuel, commonly referred to as gas. Beyond transaction fees, gas is a central part of every network request and requires the sender to pay for the computing resources consumed. The gas cost is dynamically calculated, based on the volume and complexity of the request and multiplied by the current gas price. Its value as a cryptofuel has the effect of increasing the stability and long-term demand for ether and Ethereum as a whole. For more information, see Account Types, Gas, and Transactions . Gas is supposed to be the constant cost of network resources/utilisation. You want the real cost of sending a transaction to always be the same, so you cant really expect Gas to be issued, currencies in general are volatile. So instead, we issue ether whose value is supposed to vary, but also implement a Gas Price in terms of Ether. If the price of ether goes up, the Gas Price in terms of ether should go down to keep the real cost of Gas the same. Gas has multiple associated terms with it: Gas Prices, Gas Cost, Gas Limit, and Gas Fees. The principle behind Gas is to have a stable value for how much a transaction or computation costs on the Ethereum network. Gas Cost is a static value for how much a computation costs in terms of Gas, and the intent is that the real value of the Gas never changes, so this cos Continue reading >>

Press Release: Live Player Games Announces The Release Of Uncle Finney's Poker, The World's First Ethereum Poker App For Android Devices, And The E4row Contribution Campaign

Press Release: Live Player Games Announces The Release Of Uncle Finney's Poker, The World's First Ethereum Poker App For Android Devices, And The E4row Contribution Campaign

TEL AVIV, Israel -- Live Player Games, a software developer with labs in Israel, announces the fully functional release of Uncle Finney's Poker, the world's first Ethereum poker app for Android devices. The release of Uncle Finney's Poker is the first live application of the E4ROW smart-contract, which enables players to bet and win Ether (ETH), the popular cryptocurrency. E4ROW will be launching a Contribution Campaign on May 2, 2017 at 12:00 A.M., GMT. Poker is the single most popular card game in the world, with over 100 million players worldwide and more than 250 poker apps appearing in the Google Play store alone. Virtually all of these Android apps require that players bet virtual coins, that have no real value outside of the game environment. By contrast, Uncle Finney's Poker enables Android users to bet and win actual Ether. There has been a lot of speculation about making 100% provably fair betting games on the Ethereum platform by programming the entire game into a smart-contract. However, challenges arise when trying to reconcile the Ethereum platform's slow block time (albeit faster than that of other cryptocurrencies) with the high speed required of a live poker match. The founder of Live Player Games, David B. Rosen, explains, "We chose a hybrid solution, wherein our back-end server adeptly manages the flow of the card game but all the actual bets are deposited directly to -- and paid out by -- the E4ROW smart-contract in real-time. Our servers and our company never touch the players' funds. This marks a major departure from the multitude of online casinos which typically require players to take a leap of faith by setting up accounts with foreign companies and depositing funds in advance of playing." By separating the card game from the bet management, Un Continue reading >>

Ethereum Vs Bitcoin Infocoin

Ethereum Vs Bitcoin Infocoin

Its approaching an apparent battle between a new currency that promises to have so much strength (or even more, according to some of his followers) as the Bitcoin, which other crypto-currencies have not been able to match. But, on what is based this new technology that offers more than Bitcoin has to? What makes the Ethereum project so special that many miners and computer programmers direct their tools, towards this other crypto-currency? As well, according to Wikipedia The main purpose of the Ethereum project its decentralize the web The basic unit used as internal currency is the ether, which is divided into smaller units called finney, szabo, shannon, babbage, lovelace and wei. Each unit is equal to a thousand times the next lower unit, therefore 1000 finney is 1 ether, 1000 szabo is 1 finney But perhaps the most prominent is the smart contract implementation and its chain of blocks (blockchain) to register and validate decentralized operations. In recent days the Ether currency has been the protagonist of many news because of the boost that has had on the exchange markets, coming to a rise of up to 100% so far this year. The cryptocurrency has managed to move up to the 2nd place, positioning itself above Litecoin, with a price of 10.54 (for the time of development of this article) according with the cryptocompare portal. Meanwhile, on the contrary, the bitcoin has supposed a significant low in recent days, making its price set for today at $ 411 (03/09/2016) in relation to the higher price that has taken in so far this year in January of this year when it get to be in 445$. What has generated a debate on the possible positioning of the ETH on the Bitcoin as main crypto-currency. As for some these facts are not to be alarmed, according to newsBtc, there is so much Continue reading >>

The Ether Units Of Ethereum Of Languages And Numbers

The Ether Units Of Ethereum Of Languages And Numbers

If both euro and dollar have their cents, and the British pound its pence, the ether, the cryptographic currency of Ethereum, has many subdivisions, from the milliether or finney to the wei, 18 decimals after the decimal point. What are they? Where do their name come from? To keep it simple, we can say that Ethereum is a decentralized computer on which decentralized applications can run, the DApps. These programs, or smart contracts, are designed to run automatically when certain conditions are reached, whether internal to the blockchain (like an information about a transaction) or external (variable not registred in the blockchain, accessed through an oracle which forms a bridge between the blockchain and the rest of the world). Since they are written in the Ethereum blockchain, these applications are immutable (censorship, fraud or interference are impossible) and transparent (the code being public, everyone can read it and check it does what it is supposed to do). The most known types of applications are the ICOs (for Initial Coin Offering) that permit to raise funds for projects and to manage cryptographic currencies, and the DAOs (for Decentralized Autonomous Organization) that manage automatically the whole set of operating rules of an organization (membership, hierarchy, distribution). To make this distributed infrastructure work, some nodes of the network, which are called miners, validate the transactions and register them in the blockchain. These miners are rewarded in tokens denominated in ethers, the cryptocurrency of Ethereum. Other nodes are responsible for running the smart contracts in the Ethereum Virtual Machine (EVM), an isolated runtime environment. Once compiled, these programs are added to the chain of blocks via a transaction. This way, both mone Continue reading >>

Myetherwallet.com

Myetherwallet.com

Be safe & secure: We highly recommend that you read our guide on How to Prevent Loss & Theft for some recommendations on how to be proactive about your security. Always backup your keys: MyEtherWallet.com & MyEtherWallet CX are not "web wallets". You do not create an account or give us your funds to hold onto. No data leaves your computer / your browser. We make it easy for you to create, save, and access your information and interact with the blockchain. We are not responsible for any loss: Ethereum, MyEtherWallet.com & MyEtherWallet CX, and some of the underlying Javascript libraries we use are under active development. While we have thoroughly tested & tens of thousands of wallets have been successfully created by people all over the globe, there is always the possibility something unexpected happens that causes your funds to be lost. Please do not invest more than you are willing to lose, and please be careful. Translations of MyEtherWallet: The community has done an amazing job translating MyEtherWallet into a variety of languages. However, MyEtherWallet can only verify the validity and accuracy of the information provided in English and, because of this, the English version of our website is the official text. MIT License Copyright 2015-2017 MyEtherWallet LLC Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions: The above copyright notice and this permission notice shall be included in all c Continue reading >>

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