CryptoCoinsInfoClub.com

Real World Ethereum

Once The Cryptocurrency Bubble Bursts, There May Be Real Innovation And A Solid Valuation Case For Many Coins

Once The Cryptocurrency Bubble Bursts, There May Be Real Innovation And A Solid Valuation Case For Many Coins

Take a look at Ethereum . The company bills itself as a blockchain platform for others to build apps on. Blockchain is the underlying technology behind bitcoin and acts as a decentralized ledger of transactions. But its uses span far beyond bitcoin. Ethereum has its own blockchain which companies like Microsoft and J.P. Morgan are experimenting with. Ethereum is specifically designed for so-called "smart contracts" which are pieces of software that execute a contract once certain conditions are met by all parties involved. This removes the need for complex paperwork and errors. Ripple is another blockchain company that is working on cross-border payments across different currencies in seconds. The digital coin created by the company called XRP, acts as a bridging currency to help facilitate transactions. Both Ethereum and Ripple have seen stunning rallies this year, but both are in the early stages of their experiments. But in the future, valuing them could be easier. For example, if Ripple began to process a fraction of the trillions of dollars that is transacted across borders, we could start to put a price on one XRP. If Ethereum was responsible for a number of trade finance deals, we could use a similar valuation metric. Of course, this is all very simplistic, and the biggest risk is that people lose belief in these platforms and cryptocurrencies. They are also in danger of being replaced by something better. Cryptocurrencies or digital tokens are here to stay but it's unlikely they'll survive in their current form. One big plus of this current bubble bursting however could be that we get some real innovation across a number of industries, with valuations a little clearer to understand. For more insight from CNBC contributors, follow @CNBCopinion on Twitter. WATCH: Continue reading >>

Ethereum Developer Masterclass: Build Real World Projects

Ethereum Developer Masterclass: Build Real World Projects

Ethereum Developer Masterclass: Build Real World Projects Launch an Initial Coin Offering & Build a Decentralized Exchange on the Blockchain We want you to be happy with every course you purchase! If you're unsatisfied for any reason, we will issue a store credit refund within 15 days of purchase. This course is perfect for anyone who wants to start their journey with the blockchain, Solidity, and Ethereum whilst building something large and meaningful. You'll gain a step-by-step blueprint providing you with all the knowledge you need in order to successfully build a complex, real-world, Ethereum-based distributed application using Solidity. On top of that, you'll jumpstart your journey with working upon the Ethereum blockchain at an advanced level. Access 142 lectures & 9.5 hours of content 24/7 Detail every aspect of the Ethereum Blockchain Development Ecosystem Build complex decentralized applications using Solidity Go through a process to create & launch your own initial coin offering upon Ethereum Build your very own completely decentralized exchange, & deploy it to Rinkeby-Testnet Ravinder Deol is a Certified Bitcoin Professional. He has been involved in the cryptocurrency and blockchain space since 2013, and has seen it grow tremendously. However, he has noticed there's a lack of education so he has taken it upon himself to help you get up to speed. Initially he started out by teaching live classes, which led to the creation of B21 Block, where the goal is to bring high-quality, engaging, and practical cryptocurrency and blockchain education online. Whatever stage you're at on your cryptocurrency and blockchain journey, Ravinder will be your helpful guide. Length of time users can access this course: lifetime Access options: web streaming, mobile streaming Redem Continue reading >>

Real-world Crimes Involving Bitcoin And Ethereum Are On The Rise

Real-world Crimes Involving Bitcoin And Ethereum Are On The Rise

Real-World Crimes Involving Bitcoin and Ethereum Are on the Rise Most people think of cryptocurrency-related heists as incidents where crafty hackers compromise computers, steal victims Bitcoin wallet keys and transfer the funds away. This misconception is well-founded and is indeed exactly how many tech-savvy crooks have masterminded the most notorious theft campaigns in this domain. However, some malefactors go the old school route and coerce owners into parting with their digital cash literally at gunpoint. This tactic isnt too common so far, but it is gearing up for a rise. $1.8 million Worth of Ether Stolen via Armed Robbery A 35-year-old individual named Louis Meza robbed an acquaintance of about $1.8 million in ether . This incident took place in New York in November 2017. Meza arranged to meet the would-be victim outdoors and ordered a car service for him after the conversation. When the unsuspecting person was on his way home, the crooks armed accomplice who was hiding in the minivan took away his wallet, cell phone and keys to his apartment. After the felons got hold of the keys, Meza was able to enter the victims home and steal hardware containing his digital wallet. From there, he was quickly able to transfer the whopping amount to his account. Fortunately, the targeted person wasnt injured in the upshot of this mishap. The gang leader was later chased down and arrested for kidnapping, robbery, and computer tampering. Crooks Robbed Russian Couple of $100,000 in Bitcoin. Russian nationals Maxin Lasouka and Anna Nikulina fell victim to a Bitcoin-related armed robbery in Phuket province, Thailand. In January 2018, a group of foreigners most likely Russians as well violently broke into the couples place in Rawai village, stole their passports, several laptops, Continue reading >>

Dapps - List Of Successfully Running Smart Contract Applications That Solve A Real World Problem? - Ethereum Stack Exchange

Dapps - List Of Successfully Running Smart Contract Applications That Solve A Real World Problem? - Ethereum Stack Exchange

List of successfully running smart contract applications that solve a real world problem? I'm still diving into smart contracts and learning the way it works, but what are some successfully running smart contracts applications that solve a real world problem? Is there a list of these projects? When I say successful, I mean something that either generates a profit to sustain itself or an dapp that is widely used with its source code open. The dapp needs to beable to run on its own interacting with the ethereum blockchain only and no 3rd party service/website. This would also qualify as a successful smart contract application where no one controls it. It's a platform for making bets on sports games. We are fully functional (no ICO) and running successfully on the Ethereum blockchain. We noticed that there were too many obstacles for traditional sportsbetting: shady bookies, complicated game mechanics, regional restrictions, etc. We solve these issues through simple game formats and leveraging smart contracts. All funds are handled autonomously, including payouts, and nobody can be restricted from entering. We sustain a modest profit through very low fees attached to each smart contract. Hopefully this can be a start to the list you're looking for! What is it that you need on the Ethereum blockchain that you cannot do with a centralized server? If you app still requires a trusted 3rd party, what is the point of the blockchain in your use case? Patoshi Feb 28 at 19:31 We don't require any third party! Ethereum blockchain allows us to provide the user important benefits: provably fair, we cannot alter the game or tamper with funds, anonymity. CryptoSportz Feb 28 at 21:31 You are the 3rd party. If you don't exist, how would your system stay up running? How do you provide spo Continue reading >>

Real World Utility Aiding Market Rebound

Real World Utility Aiding Market Rebound

This past week closed in the most dreadful way for cryptocurrency owners. Coinchecks $400 million loss reminded everyone of the increased risk involved with trading these digital tokens. Despite a continue fall in prices through Friday, the market bounced back on the weekend. Crypto-coins, both brand name and altcoins, are finding more practice usage each day. Dallas Mavericks owner Mark Cuban was one of the first this year to offer new life for turned-pessimist crypto-investors. The Texas-based basketball (NBA) franchise will host a cryptocurrency avenue where fans can purchase their tickets with tokens serving as valid tender. Cuban is one of technologys more progressive thinkers, and his support offers plenty of hope moving forward. When Dallas rolls out their starting five on week nights, they are promoting the faces of a $1.4 billion franchise (ninth in the league). However, the team fails in comparison to one of the worlds hottest companies, Starbucks. The international coffee sensation produces revenues of over $20 billion and holds assets of just under $15 billion. Corporate chairman Howard Schultz pushed Captain Ahabs chief mate into conversation late in the week following a statement with optimistic tones for cryptocurrency. Schultz, while keeping any potential claims at an arms length, mentioned the potential for this digital currency and the bright future it brings. Many investors leapt internally following his statement, and Schultz made it clear that while he sees tangible utility in the idea, but Bitcoin may not be the right coin for the job. Two of the United States most recognizable companies have publicly praised the potential for cryptocurrency in both the short- and long-term future. Investors target the retail market as the ultimate goal for digita Continue reading >>

Zastrin | Learn Ethereum Programming By Doing Real-world Projects

Zastrin | Learn Ethereum Programming By Doing Real-world Projects

We are excited to introduce our new Referral program! If you liked our courses, please share this coupon code with your friends. For every friend who buys a course using your code, they receive 25% off and you will be credited 25% of the course price in to your account that you can use for future purchases. Zastrin teaches you Ethereum blockchain programming through real-world projects. Our courses will help you learn the core concepts and introduces you to the key libraries and frameworks required to build production quality dapps. Our step-by-step guides help you build projects from the ground up. Overview of a generic blockchain, concepts and workings of the Ethereum blockchain and languages and frameworks required to build decentralized applications. Decentralized application development is unlike web/mobile development. There are many moving parts and you have to carefully consider various issues such as security, time/space complexity and so on. Our courses help you think and architect successful decentralized applications. Truffle is a dapp development framework that is used to make application development easy. It abstracts away many complexities of the Ethereum blockchain development and helps accelerate development. Our Dapps will be built using the Solidity programming language using the Truffle framework. The goal of these courses is to help you understand the concepts of the Ethereum blockchain and build real-world decentralized applications. By the end of this series of courses, you'll be able to build your own decentralized applications. This is a beginner course ideal for any one with very basic or no knowledge of the Ethereum blockchain. In this course, you will build a simple Decentralized Voting application. In this course, you will build a Dapp whic Continue reading >>

4 Real-world Applications Of Ethereum That Could Change The World We Live In

4 Real-world Applications Of Ethereum That Could Change The World We Live In

4 Real-World Applications of Ethereum that Could Change the World We Live In Ethereum is a name that inadvertently pops up in any discussion about cryptocurrencies. 4 Real-World Applications of Ethereum that Could Change the World We Live In 10.01.2018 Leave a comment But, Ethereum is really a platform. Ether is the cryptocurrency that powers it. Ethereum has a lot of other applications than being a cryptocoin. It derives its utility from the technology and its versatility. Ethereum is a big platform that can be used to create decentralized applications. In the world of Ethereum, they are called DAPPS, short for Decentralized APPS. There are many developers that are trying to build something amazing on this platform. Investors can see the ball rolling and they are putting in the money to keep it rolling faster. So, what are these applications that have the power to transform the world? Any technology that has the potential to improve the existing healthcare system is always welcome because it is such a basic need. Any small improvement in this domain impacts every person on the planet. So, it is a pretty big deal. Ethereum has the potential to become that next big thing in healthcare. Imagine that there is a traveler from the US in Germany. His luggage is stolen and so are his medicines. He needs a prescription refill. But, that cannot happen till the local doctor gives him a prescription. But, the new doctor may not be aware of all the conditions the patient is suffering from. So, how will he give a safe prescription? Such predicaments can be completely resolved when the Ethereum platform is used to store patient data. Hospitals will be able to save their patient records and share it will the world. So, the traveler can go into any hospital in the world, and the docto Continue reading >>

How Do Ethereum Smart Contracts Work?

How Do Ethereum Smart Contracts Work?

Like many ideas in the blockchain industry, a general confusion shrouds so called 'smart contracts'. A new technology made possible by public blockchains, smart contracts are difficult to understand because the term partly confuses the core interaction described. While a standard contractoutlines the terms of a relationship (usually one enforceable by law), a smart contract enforces a relationship with cryptographic code. Put differently, smart contracts are programs that execute exactly as they are set up to by their creators. First conceived in 1993, the idea was originally described by computer scientist and cryptographer Nick Szabo as a kind of digital vending machine. In his famous example , he described how users could input data or value, and receive a finite item from a machine, in this case a real-world snack or a soft drink. In a simple example, ethereum users can send 10 ether to a friend on a certain date using a smart contract (Seeour guide" What is Ether? "). In this case, the user would create a contract, and push the data to that contract so that it could execute the desired command. Ethereum is a platform thats built specifically for creating smart contracts. But these new tools arent intended to be used in isolation. It is believed that they can also form the building blocks for 'decentralized applications' (See: " What is a Dapp? ")and even whole decentralized autonomous companies (See:" What is a DAO? ') Its worth noting that bitcoin was the first to support basic smart contracts in the sense that the network can transfer value from one person to another. The network of nodes will only validate transactions if certain conditions are met. But, bitcoin is limited to the currency use case. By contrast, ethereum replaces bitcoin's more restrictive langu Continue reading >>

Ethereum: Real-world Applications - Ethereum Noobs

Ethereum: Real-world Applications - Ethereum Noobs

Ethereum: Real-World Applications - Ethereum Noobs Ethereum creator Vitalik Buterin recently revealed a new long-term plan for the future of the blockchain network at Devcon3 , Ethereums flagship conference. During his presentation, Buterin said that the amount of activity on the blockchain is orders of magnitude larger than it was just a couple of years ago, which can be attributed to the growing number of real-world applications of Ethereum. In this article, we examine the most significant of these applications, paying special attention to those with high disruptive potential. On its official website , Ethereum is presented as a decentralized platform that runs smart contracts. Compare this to the official website of Bitcoin , which presents the worlds most popular cryptocurrency as an innovative payment network and a new kind of money, and it immediately becomes obvious how different the aspirations of the two projects are. But in light of Bitcoins extremely high transaction fees and frequent network congestions , many are turning to Ethereum, the second largest cryptocurrency by market capitalization, as a possible alternative to Bitcoin and a cryptocurrency payment system without any scalability issues. Ethereum people have often tended to tip-toe around its usefulness for payments; many cut their crypto teeth on Bitcoin, and they are generally uninterested in picking a fight. But Im going to argue that Ethereum is not just capable of doing online payments, but actually seriously great, writes Edmund Edgar, the founder of Social Minds. Unlike Bitcoin, Edgar argues, Ethereum has an established governance procedure for capacity increases, allowing the Ethereum blockchain to naturally grow as the total number of users rises. At Devcon3, Buterin proposed a new type of Continue reading >>

These Are 8 Real World Uses For Ethereum

These Are 8 Real World Uses For Ethereum

You are at: Home Knowledge These are 8 real world uses for Ethereum Lets talk today about some real-life applications of ethereum. First of all, Ethereum is a huge platform that is used to build decentralizedservices, also called dapps (decentralized apps).However, just like a large container ship or an airplane, Ethereum also needs fuel to work. This fueliscalled Ether and is traded publicly on several cryptocurrency exchanges. So,very important, Ethereum is NOT the same as Ether.We wrote a very detailed post about that topic some while ago, just click here if you want toknow more. Anyways, now that you know that Ethereum is not the same as Ether,lets talk about what it can be used for. As mentioned before, Ethereum is a huge network. This network is formed of thousands of computers all around the world. This is also called a decentralized network. The main benefit of this is that the computers that form it cannot be shut down, or controlled, by a single entity. And well, a secure and decentralized network has unlimited applications. Ethereum will completely revolutionize the health-care system. All hospitals around the world can store, access and sharetheir patients records. This isa key factor in developing new vaccines for viral outbreaks, or even preventing them in the first hand. You can go toa doctor in Thailand for a check up when you are on holidays and to ahospital in New York when you are back home again, and both will have the same information about you. But thats not all. Remember the whole wearables craze a couple years ago? Well, like it or not, those devices are here to stay. Now imagine that the data your smart watch records every day are automatically shared with every hospital in the world. This way, patterns could be found in medical conditions like Continue reading >>

What Are Ethereum's Real-world Use Cases?

What Are Ethereum's Real-world Use Cases?

What are Ethereum's real-world use cases? So Ethereum has a plethora of real-world use cases! Anything that can benefit from trustless interactions is a good place to start. So specifically from an organisational perspective: If you'd like to have a look at some companies already building on top of Ethereum, check out: Airlock - a IoT (Internet of Things) company implementing a decentralised generalist locking system. CubeSpawn - a FMS (flexible manufacturing system) offering big factory automation to small shops. Crypto Swartz - A tag-based backend reputation system for online content. Also IBM/Samsung's Adept (Internet of Things) is a fork of an early Ethereum Proof of Concept release. Is this answer still relevant and up to date? Heres an example within the insurance industry: Blockchain will change Insurance as we know it, the administrative burdens that the insurance industry has to deal with is both unproductive and uneconomical for both the insured and the insurer. Blockchain will drastically improve the efficiency and reliability of contract and service within the Insurance industry. Whether a person or a business, Insurers are required to verify the identity of those seeking insurance. This is to comply with anti-money laundering acts, regulatory acts and internal procedures to ensure that the person / business has an insurable interest. By using blockchain technology, an insurance company can verify the legal existence of a company via a smart contract that can be coded to search government official websites such as Companies House, which is the UK company registry. This can be instantly done on a global scale, and reduces this administrative task that humans currently do. This contract can also monitor these companies and automatically update their registere Continue reading >>

Ethereum: A Real Buying Opportunity?

Ethereum: A Real Buying Opportunity?

With the second largest market cap in the cryptocurrency world, Ethereum has drawn a lot of attention from investors and crypto enthusiasts alike. Its garnered even more attention recently after posting a 3,784.26% run in 2017. After a run to above $1,400 the price of Ethereum has dropped considerably along with all of the other cryptocurrencies to start off 2018. After the broad market correction Ethereum now presents a real buying opportunity. It is currently trading at $730, and most analysts have Ethereum above $1500 (conservatively) to finish the year. What the media and press dont seem to understand is that the market didnt crash. Cryptocurrencies were already overpriced, then came the regulatory issues, ban news and a healthy dose of FUD which caused the market to correct better than 60%. Even with this massive selloff, Ethereum is up over 145% in the past 6 months. Thats why its important to look at the big picture. This crypto crash as the media would have you believe, has happened several times before, historically in the first few months of the year and all followed by massive rallies. Remember, the media was the one telling you to buy with Bitcoin at 19,000. Theyre a glorified bunch of halfwits who are clueless when it comes to cryptocurrency. What we are saying is that Ethereum right now presents a very real buying opportunity to get in at a price we may never see again in our lifetimes. The Media Is Clueless and not working for your benefit. Remember the coverage on Jamie Dimon of JP Morgan commenting that cryptocurrencies were a scam and all of the media coverage following about Bitcoin being a fraud? Well after calling them a fraud, and watching the market dump.. JP Morgan bought the shit out of Bitcoin. So.. Dont Trust What Comes Out of Their Mouthes, Continue reading >>

Blockchain: A Very Short History Of Ethereum Everyone Should Read

Blockchain: A Very Short History Of Ethereum Everyone Should Read

Blockchain: A Very Short History Of Ethereum Everyone Should Read Opinions expressed by Forbes Contributors are their own. Even those who are not familiar with blockchain are likely to have heard about Bitcoin, the cryptocurrency and payment system that uses the technology. Another platform called Ethereum, that also uses blockchain, is predicted by some experts to overtake Bitcoin this year. Ethereum is an open-source public service that uses blockchain technology to facilitate smart contracts and cryptocurrency trading securely without a third party. There are two accounts available through Ethereum: externally owned accounts (controlled by private keys influenced by human users) and contract accounts. Ethereum allows developers to deploy all kinds of decentralized apps. Even though Bitcoin remains the most popular cryptocurrency, its Ethereums aggressive growth that has many speculating it will soon overtake Bitcoin in usage. While there are many similarities between Ethereum and Bitcoin, there are also significant differences. Here are a few : Bitcoin trades in cryptocurrency, while Ethereum offers several methods of exchange, including cryptocurrency (Ethereums is called Ether), smart contracts and the Ethereum Virtual Machine (EVM). They are based on different security protocols : Ethereum uses a "proof of stake" system as opposed the "proof of work" system used by Bitcoin. Bitcoin allows only public (permissionless or censor-proof) transactions to take place; Ethereum allows both permissioned and permissionless transactions. The average block time for Ethereum is significantly less than Bitcoins: 12 seconds versus 10 minutes. This translates into more block confirmations, which allows Ethereums miners to complete more blocks and receive more Ether. It is estimat Continue reading >>

Real World Use Cases For Ethereum

Real World Use Cases For Ethereum

In addition to being a great investment coin, Ethereum is a platform that enables what has come to be known as web 3.0. Web 2.0 (the internet as we know it) is basedoncentralized servers; to have access to the internet and most of the services therein, we have to rely on third-party servers. These servers charge us fees and collect our data (often against our will). With Ethereum, there are no centralized servers. Instead, Ethereum runs on blockchain technology, a kind of distributed ledger technology that is upheld by a network of thousands of different computers, called nodes. In exchange for performing the duties that secure the network and verify the transactions that take place on it, the nodes receive rewards in the form of ETH tokens. Ethereum was the first cryptocurrency that was built to function primarily as a settlement layer. This means that it was designed as a platform for other things to be developed on. In contrast, Bitcoin was designed initiallyto transact as a form of digital cash (though,over time, Bitcoin has become more of a settlement layer itself). One aspect of Ethereums suitability as a settlement layer is its capability for creating and executing smart contracts . What are Smart Contracts? How Ethereum Works Ethereums smart contracts have been famously explained by Nick Szabo as being similar to a vending machine. When you use a vending machine, you put money in, press a button, and receive your candy. Its all automated; there is no third-party that needs to come and make sure that you inserted your coin or unlock the door to give the candy to you. Smart contracts operate similarly, except they usually have nothing to do with candy; rather, they can be applied to tons of different scenarios across different industries. Smart contracts take the Continue reading >>

Enterprise Ethereum Alliance

Enterprise Ethereum Alliance

Ethereum's intrinsically trusted system is the most promising solution for enterprise Blockchain adoption, given its maturity and multi-purpose design. Privacy and Performance improvements will be mandatory to achieve enterprise-ready status and will be the focus of Enterprise Ethereums roadmap. In partnership with the dedicated and robust Ethereum community, Enterprises are coming together to produce the industry standard, open source, free to use blockchain solutions that will be the foundation for businesses going forward. This form needs Javascript to display, which your browser doesn't support. Sign up here instead Continue reading >>

More in ethereum