How To Issue Your Own Token On Ethereum In Less Than 20minutes.
Living The Crypto Future | Building Tenzorum | Making Blockchain Accessible to Everyone. The only way to survive a mad world, is to embrace the madness. How to issue your own token on Ethereum in less than 20minutes. Alright bro, are you telling me that I can issue my own Token, make an ICO, get gazilions of dollars and live the crypto-dream in less than 20 minutes? The answer is yes, but hopefully you will do better than that. With the latest news about the Blockchain, Bitcoin, Ethereum, cryptocurrencies, and ICO popping up left, right and center, this Blockchain business is garnering quite a lot of attention. So Ive put together a tutorial so that you can understand the technology much better and you can become a part of the booming crypto-economy! This is the first of a series of tutorials to help people better understand how to leverage Blockchain technologies and crypto-currencies to build meaningful applications and nurture the network. In this tutorial my objective is to walk you through the steps of setting up your account through to issuing your first token on the Ethereum network using a single smart contract and MyEtherWallet . The token will be a standard ERC20, it will have the main functions and can be used as a general base for more sophisticated applications than just transferring them (many half-serious ICOs have extremely similar contracts) WARNING: With great powers come great responsibilities. Im not responsible for you not being cautious with your ETH, or using these powers for the evil side of force. I truly hope you do good and feel empowered by the potential that this technology puts in the hands of people. There are a few different components you will need in order to build your own token. For this tutorial we will use a test network to issue t Continue reading >>
How To Invest In Ethereum (and Is It Too Late)
Home How To Invest In Ethereum (And Is It Too Late) How To Invest In Ethereum (And Is It Too Late) Ethereum has become a popular cryptocurrency alternative to Bitcoin over the last year. However, unlike Bitcoin and rival currency Litecoin, Ethereum has been adopted by many companies and startups as a way to transact (and more). In the cryptocurrency wars, I like to view Ethereum like the diamond of the currencies - it has both a intrinsic value and an industrial value. Compare this to Bitcoin, which operates like gold - not much industrial value, but people buy it and sell it based on it's intrinsic value to the holder. Given the popularity of Ethereum, many people are curious about what it actually is, how it's different than Bitcoin, and how to invest in it. It's also important to note the risks of investing, and the potential to mine it and create your own wealth of Ether (the actual monetary unit of Ethereum ). Before we dive in, it's important to note that to look at, use, and transact in Ethereum, you need a digital wallet. We recommend Coinbase because it's free, has a great app, and they give you a bonus for depositing $100 . Check it out. Ethereum is basically software that is decentralized and allows developers and programmers to run the code of any application. Wait, what? I thought Ethereum was money... well it has a monetary aspect. You see, Bitcoin uses a technology called blockchain specifically for conducting monetary transaction - it's a straight currency. Ethereum uses blockchain technology to allow the creation of applications that can be executed in the cloud, can be protected from manipulation, and much more (some stuff getting too technical for me here). However, a bi-product of this is that Ethereum uses a token called Ether, which is like Bitcoi Continue reading >>
How To Do An Ethereum Transaction, & Check Your Balance? | Cryptocompare.com
How to make an Ethereum Transaction, & check your balance? Once you have managed to set up an Ethereum Miner using either your GPU or your CPU its time to start checking your balance and start trading. Were going to show you how you can check your balance in Command Prompt, how to convert between all the different values of Ether , such as the base unit Wei, and how to make your first transaction! Once you have set up your miner via running the Geth program and Ethminer program (see our guide here on how to get started), you need to open up a third Command Prompt Window. Step 1: This can be done by right clicking on the command prompt in the taskbar at the bottom of your screen and then clicking on the command prompt that appears at the top of the menu. A third command prompt should now be open. Step 2: You now need to tell this Command Prompt where to look to get up and running. Usually the command Prompt window opens looking at your user profile. If this is the case you need to tell Command Prompt to go to wherever you installed geth. In our guide we installed it straight on the C Drive so we need to tell command prompt to get back to the C Drive which we do by typing in cd C:\ and pressing enter. Step 3: You then need to tell Command Prompt what to do. In this case you need to tell it to attach to Geth. So all you type in is geth attach which should look like this C:/>geth attach and then press enter. You now have a console up and running talking to geth so you can start asking it questions or telling it to do things. Remember for"geth attach" to work you need to have anotherCommand Prompt Window runningwith "geth --rpc". If you want to find out your address you type in eth.coinbase. This should look like this C:/>eth.coinbase. Press enter and you should see your ad Continue reading >>
What Is Ether?
Ether is a necessary element a fuel for operating the distributed application platform Ethereum. It is a form of payment made by the clients of the platform to the machines executing the requested operations. To put it another way, ether is the incentive ensuring that developers write quality applications (wasteful code costs more), and that the network remains healthy (people are compensated for their contributed resources). If you just want to test the technology, you probably don't need real ether. Download the latest Wallet app and switch to the Test Network Check your ether presale balance safely here: The total supply of ether and its rate of issuance was decided by the donations gathered on the 2014 presale. The results were roughly: 60 million ether created to contributors of the presale 12 Million (20% of the above) were created to the development fund, most of it going to early contributors and developers and the remaining to the Ethereum Foundation 5 ethers are created every block (roughly 15 seconds) to the miner of the block 2-3 ethers are sometimes sent to another miner if they were also able to find a solution but his block wasn't included (called uncle/aunt reward) Note that after the Byzantium update is implemented, the mining and uncle reward is reduced to 3 ethers and 0.625-2.625 ethers, respectively. No. According to the terms agreed by all parties on the 2014 presale, issuance of ether is capped at 18 million ether per year (this number equals 25% of the initial supply). This means that while the absolute issuance is fixed, the relative inflation is decreased every year. In theory, if this issuance was kept indefinitely then at some point the rate of new tokens created every year would reach the average amount lost yearly (by misuse, accidental key Continue reading >>
How To Invest In Ethereum? Should You Invest In Ethereum?
The world of cryptocurrency is full of coins to invest in, and with so many to choose from, it can be hard to make a decision. Ill assume Ethereum is one of the coins youre most interested in throwing your money in to. But that comes with good reason the second largest cryptocurrency has proved to be an amazing investment over the years. So, what have I got in store for you today? Well, in this guide I am going to teach you about Ethereum, the pros and cons of an Ethereum investment and how to invest in Ethereum. And by the end of this guide, youll have a greater understanding of Ethereum and you will be able to answer the question Is Ethereum worth buying?. 7 How to Invest in Ethereum: So, Is Ethereum a Good Investment or Not? How to Invest in Ethereum: So, Is Ethereum a Good Investment? For many, investing in Ethereum has proven to be a great decision. Back in March 2017, the price of one Ether was $30. The price as of March 2018 is $750. In that one-year period, the value of ETH went up 25 times, or 2500%. So, if you had invested $1000 into Ethereum back in March 2017, right now you would have about $25,000 in ETH. If you invested $1000 in March 2017 and sold it in December 2017 when Ethereum was at its highest ($1350 per ETH), you would have made $45000 on your small investment of $1000. As you can see, Ether has been a good investment so far. Its favored by a lot of investors and has huge support from the crypto industry because it is used by other developers to start new blockchain projects. You can see the growth that Ethereum has experienced over the past few years in the chart below (taken from coinmarketcap.com ) To understand more about Ethereum, lets take a little look at some of Ethereums history. How to Invest in Ethereum: The History of Ethereum The idea Continue reading >>
How To Use Ethereum - Coindesk
The thought of using ethereum might sound intimidating, but it could be rewarding. If the 'unstoppable world computer' develops according to plan, it could provide alternatives to the Facebooks and Googles that many people use everyday(as explained in " What is Ethereum? "). Ethereummight not be as intuitive as the web as we know it today, but still, anyone with a computer or a smartphone can try the platformout as long as they own ' ether 'unique pieces of code that allow updates to the blockchain's ledger. First, you need a place to securely store your ether (or at least a place to store your private keys). This brings us to ethereum 'wallets'. One caveat is that losing your private key is a much bigger deal than misplacing a password: it means losing your ether, forever. Removing trusted partiesis a two-edged sword. While intermediaries are no longer needed to verify transactions, there's no help desk to turn to for help recovering your secret key. With that in mind, there are plenty of options for wallets to store cryptocurrency: desktop wallets, web wallets, hardware wallets and paper wallets. Choosing one depends on your preferences for convenience and security. Usually these two concepts are at odds with one another: the more convenient, the worse the security (and vice versa). Desktop wallets run on your PC or laptop. One option is to download an ethereum client (a copy of the entire ethereum blockchain). There are a few ethereum clients written in different programming languages and with different performance tradeoffs. This process can take up to a couple days, and will only increase as ethereum grows. The wallet then needs to stay in sync with the latest transactions on the blockchain. Mobile clients, or 'light' clients, require less data to be downloaded to Continue reading >>
How To Sell Ethereum For Usd | Beginners Guide
How to sell Ethereum for USD | Beginners Guide Whether youve earned Ethereum through mining or purchased ethereum , there may come a time where you want to cash out some of your stash for goodol fashioned U.S. dollars. I cant blame you. Sometimes you need to pay the bills, and most businesses dont accept crypto as currency (yet.) The easiest and cheapest way to sell Ethereum is by using an exchange with an ETH/USD pairing. In this brief article, Ill walk you through the selling process on three of the most popular exchanges used to sell Ethereum. Coinbase is the simplest platform to sell Ethereum on. They have web and mobile interfaces that you can use to sell, but Im only going to cover the web platform here. The steps to sell on the mobile app are almost identical. First, create a Coinbase account and enter your bank account information. After that, you need to send your Ethereum from its current wallet to your Coinbase wallet. Navigate to the Accounts tab and tap the Receive button for your Ethereum wallet. Youll be shown the public address to which you can send your funds. After sending your Ethereum to your Coinbase wallet, click on the Buy/Sell tab. Then, select the Sell option and make sure your currency is set to Ethereum. From there, you can set how much Ethereum youd like to sell and confirm your transaction. Coinbase charges 1.49% when selling into a U.S. bank account or USD Coinbase wallet. Sales to a PayPal account are hit with a 3.99% fee. Gemini is another exchange you can use to sell your Ethereum for USD. The platform is slightly more complicated than Coinbase and is only on the web. To sell Ethereum through Gemini , you first need to create a profile and attach a bank account.Next, navigate to the ETH deposit section of the platform via the TRANSFER F Continue reading >>
How Do I Buy Ethereum?
By Nathan Reiff | July 6, 2017 11:32 AM EDT In 2017, Ethereum has grown at an incredibly rapid pace . In fact, the second-largest cryptocurrency by market capitalization may be poised to take over the top of the list, displacing Bitcoin to become the most prominent cryptocurrency in the world in a phenomenon known as the "Flippening." (See also: "The Flippening": Will Ethereum Take Bitcoin's Place? ) Additionally, Ethereum's coin, ether, has grown in value by dozens of times since the beginning of the year, and some analysts believe the cryptocurrency market still has new heights to achieve in the weeks and months to come. For all of these reasons, more and more investors are becoming interested in adding Ethereum to their portfolios. Here is how you can incorporate Ethereum into your investments. Like other cryptocurrencies, Ethereum must be purchased and sold via an exchange online. There are a number of these services that are available and are considered highly reputable. Some of the most popular include Coinbase, Kraken, Bitstamp, and Gemini. Before you can get started trading Ethereum, you'll need to pick an exchange and create an account. Any reputable exchange will require that you verify your account in one or more ways. You'll likely need to upload a number of documents to verify your identity and ensure that your account passes regulatory muster. Verification will typically take a day or two, depending on how popular and busy the exchange you've selected is. You'll next need to deposit fiat currency into your account, typically via bank or wire transfer. This may take another few days in order to ensure that the money clears. With a verified account and money deposited into that account, you'll be able to begin purchasing Ethereum and other cryptocurrencies Continue reading >>
How To Trade Ethereum: The Beginners Guide To Ether Trading
Home Cryptocurrency Trading How to Trade Ethereum: The Beginners Guide to Ether Trading How to Trade Ethereum: The Beginners Guide to Ether Trading Ether is one of the hottest cryptocurrencies at the momentand for good reason. Aside from Bitcoin, Ethereum has the most promise to deliver short-term, real-world benefits. But if you are still trying to figure outhow to trade Ethereum, then this post will show you exactly what you need to know to get started. We will also give you an understanding of how the Ethereum Network works, the risks involved, different trading strategies and how to place your first trade. To learn more about cryptocurrencies in general, read this blog post before you continue. I think that the Ethereum website says is best Ether is the crypto-fuel for the Ethereum Network. In other words, Ether is the money that used for payment on the Ethereum Network. So you're not actually learning how to trade Ethereum, you are learning to trade Ether. What does this money buy, you ask? It can pay for software services on the network, in addition to being a real-world currency. Therefore, in order to understand the value of Ether and what can potentially make the price go up and down, we need to have a basic understanding of how it works. Ethereum is basically a software platform, like Microsoft Windows or macOS. But online. The goal of Ethereum is to allow people to build decentralized applications on top of the Ethereum platform. So it would be like when Dropbox builds an app on top of macOS. Dropbox hosts your files, in exchange for a monthly hosting fee. On the Ethereum network, the fee for a similar storage service is paid in Ether, instead of US Dollars or British Pounds. The difference between Ethereum and current web application solutions is that these Continue reading >>
How Many Eth Do You Have To Own To Be Considered A Whale? : Ethtrader
Welcome to /r/EthTrader | Foundation Tip Jar | Rules | Policy | Mod Logs | Vote Tracking | News Timeline | Education | Comments RECDAO is a meta-community that seeks to provide Ethereum-based tools for improving how we use Reddit. Pre-register and then register your Reddit username on the Ethereum blockchain, vote in the dao, and be awarded community tokens based on your karma in community subs. Please see the FAQ for more details. TECHNICAL ANALYSIS FUNDAMENTAL ANALYSIS DISCUSSIONS DAPP DISCUSSIONS NEWS DAPP NEWS SCAMS WARNINGS TOKEN WARNINGS SECURITY RELEASE DAPP RELEASE EXCHANGES ADOPTION DAPP ADOPTION SENTIMENT STRATEGY METRICS MINING EDUCATIONAL MEDIA LEGACY DAPP ERC20 TOKEN AUGUR ALTETH ALTCOINS COMEDY SUPPORT TOOL You can correct inaccurate link-flair assignments by typing "[AutoMod]" along with the flair name in a top-level comment, e.g. [AutoMod] DAPP-NEWS. All flair names are capitalized, e.g. use [AutoMod] EXCHANGE instead of [AutoMod] Exchange. Two word flairs require a hyphen in between them. Requires 100 comment karma and 1-month account age. If this feature doesn't work, please message the modmail . Continue reading >>
A Beginner's Guide To Ethereum: Buy Ether Now Or Wait?
// -- Discuss and ask questions in our community on Workplace . Ethereum is a very important crypto in the sense that competition is always good for business. Ethereum was introduced in 2013 by a crypto researcher and developer Vitalik Buterin. It is currently the second most popular Cryptocurrency, following Bitcoin and is said to be the next Bitcoin. Ethereum differs from Bitcoin in the sense that it introduced smart contracts to the industry. It has relatively the same qualities as Bitcoin it is open-source and built on Blockchain, which defines its abilities and characteristics. Enabled by Ethereum, a smart contract is a computer algorithm that allows users to build or develop innovative tools and systems to perform various tasks. These smart contracts run on Blockchain and eliminate the need for third parties. It can save one a lot of time and money. The market is very much split in two as the majority of investors put their money in both Bitcoin and Ethereum. Ethereums token that you can trade with on exchanges is called an ether and can be bought or sold not only for Bitcoin, but also for any popular fiat currency like USD or EUR. Some cryptocurrency exchanges even offer an option of converting ETH to GBP , which can now bring you around 340 per coin. Ethereum was forked in 2016, and Ethereum Classic (ETC) was introduced to the market. There are currently talks of another fork for Ethereum Classic that is expected to happen sometime in December 2017. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // In order to determine whether or not it is a good time to invest in a Cryptocurrency, one should keep an eye on the news. News greatly affects whether a coins pric Continue reading >>
What Is An Ethereum Token: The Ultimate Beginners Guide
What is An Ethereum Token: The Ultimate Beginners Guide Angel Investors, Startups & Blockchain developers... To a beginner, the entire concept of Ethereum and Ethereum token can get very confusing very fast. The idea that Ethereum not only has its own currency (Ether) but also has tokens on top of that which can act as currency themselves, can be a little mind-boggling. Before we even begin understanding what Ethereum tokens are all about, its important to grasp some basic concepts. The entire Ethereum network is a giant mass of nodes (computers) connected to one another. In fact, the entire network can be visualized as a single entity called the Ethereum Virtual Machine or EVM for short. All the transactions that have happened and will ever happen in this network are automatically updated and recorded in an open and distributed ledger. So what is the advantage of this? Before we explain that it is important to know what a smart contract is. Smart contracts are how things get done in the Ethereum ecosystem. When someone wants to get a particular task done in Ethereum they initiate a smart contract with one or more people. Smart contracts are a series of instructions, written using the programming language solidity , which work on the basis of the IFTTT logic aka the IF-THIS-THEN-THAT logic. Basically, if the first set of instructions are done then execute the next function and after that the next and keep on repeating until you reach the end of the contract. The best way to understand that is by imagining a vending machine. Each and every step that you take acts like a trigger for the next step to execute itself. It is kinda like the domino effect. So, lets examine the steps that you will take while interacting with the vending machine: Step 1: You give the vending mac Continue reading >>
How To Buy Ripple
Ripple is one of the hottest new cryptocurrencies and it only costs a bit over $2 per coin. It's a bit harder to buy than bitcoin, however, since it's not available in popular apps such as Coinbase. We'll walk you through how to buy some, by first buying ethereum and then using that to buy ripple on an exchange called Bitsane. Update: Bitsane has been experiencing server overload problems. You can also try using Binance . If you thought bitcoin was hot, maybe you should learn about ripple. It's another crytocurrency that's been rocketing in popularity lately. While it was trading at around $0.20 a few months ago, it's now worth more than $2.25 per coin. Ripple is a little different than many other popular cryptocurrencies because it was created by a private, for-profit company that is still the biggest individual owner of the currency. But ripple isn't as easy to buy as bitcoin or other popular cryptocurrencies, since it isn't available in popular apps such as Coinbase. That means you need to jump through a few hoops to buy it. I tried several methods and think I've come up with the easiest: Only some of ripple's recommended exchanges include support for buying Ripple with the U.S. dollar, which would be the easiest way. Unfortunately, after trying several and running into technical issues or login problems, I settled on an exchange called Bitsane . (Update: Bitsane has been experiencing server overload problems. You can also try using Binance .) Setting up an account is easy, and the main page has all sorts of information on current exchange prices for trading between various cryptocurrencies. It also lets you send and receive currency from other apps, such as Coinbase, which we'll get to in a moment. Now you'll need to buy another cryptocurrency: either bitcoin or et Continue reading >>
What Is Ethereum? Here's Everything You Need To Know | Digital Trends
Posted on January 31, 2018 - 12:00PM 1.31.18 - 12:00PM With more than 1,300 cryptocurrencies out there, Ethereum has risen to the top of the pile, with its name often mentioned in the same breath as bitcoin. Although its value is no way near that of the flagship cryptocurrency, its great for trading and some of its more advanced features give it some exciting potential for the future. But what is Ethereum, and what does it mean for the future of cryptocurrency (and maybe society)? Heres the rundown. If youd rather not learn everything there is to know about Ethereum and just want to buy some, heres our guide on how to do so . Although it does have its differences, on the surface at least, Ethereum functions as a cryptocurrency much like most others. Ethereums token, Ether, works in a similar manner tobitcoin . You can buy and sell it, with confirmations for transactions handled over the blockchain . Its entirely decentralized, with no banks providing the confirmations needed to validate transactions. Instead, miners around the world fulfill that role by running powerful computational algorithms. Completing them rewards Ether, much like mining bitcoin rewards bitcoin. In that way, the broad strokes of Ethereum are similar to bitcoin and other cryptocurrencies. It means owners can use Ether for conducting transactions online, or save it and potentially make money from its growing value it grew fromaround $10 per Ether at the start of 2017, to more than $1,100 at the start of the next. As much as Ethereum and bitcoin do share some similarities though, the two platforms have different goals. Where bitcoin is strictly a digital currency, designed to function as a means of payment or a store of value, Ethereum takes a grander approach. Ethereum functions as a platform throug Continue reading >>
Should You Buy Bitcoin? Or Ethereum? Or Dash? Or Just ... Boring Old Stocks?
Should you buy bitcoin? Or Ethereum? Or Dash? Or just ... boring old stocks? A visual representation of the digital cryptocurrency, bitcoin alongside U.S. dollars on Dec. 07, 2017 in London, England.-Dan Kitwood/Getty Images So many cryptocurrencies. So much money to be made or lost. Youre a would-be investor, deciding whether to put your money in bitcoin . Or Dash .(It's digital cash. See what they did there?) Or Ripple .(Though I have a personal rule about never investing in a currency that could be mistaken for an ice cream.) Where do you put your money? Well, besides scanning Reddit threads, starting Wednesday, there will be official financial ratings in the mix. Weiss Ratings is going to assign letter grades think A through Fto cryptocurrencies. Interested parties can subscribe to the ratings for $39 a month to find out the grades. Though, because of the volatile nature of cryptocurrencies, those grades could change daily. Marketplace Tech host Molly Wood spoke with Martin Weiss, whos behind the ratings. Molly Wood: Youre creating a rating for cryptocurrencies. Why? Martin Weiss: As you've seen in the news, the market for cryptocurrencies is wild. It's one of the few places we've seen so much fear, greed and panic. So we felt that this is exactly when individual investors and consumers need some rational guidance that's based on fact and not fiction. Wood: Given the newness and complexity, and the wildness overall, how on earth could you possibly come up with what you think is a reliable rating? Weiss: Well, reliable ratings are based on four things in our model. The first is what we call the risk index, to give you a sense of how much price risk there is in each cryptocurrency, and there's a lot of variability there. Some are not as volatile as others. The second Continue reading >>