Tag Archives: Ethereum News

Cornell Professor Claims Ethereum is More Distributed and Decentralized Than Bitcoin

According to a study led by Cornell professor Emin Gun Sirer, Cornell research professor Robbert van Renesse, and LinkedIn researcher Adem Efe Gencer, Ethereum’s nodes are better distributed than bitcoin, and thus the network is more decentralized than bitcoin. The paper entitled “Decentralization in Bitcoin and Ethereum” analyzed nodes in the (more…)

Ethereum Pioneer and Early Contributor Says ETH Could Triple in 2018

Ether, the cryptocurrency native to the Ethereum network, could triple in value in 2018 as businesses in various industries are beginning to recognize the potential of Ethereum. The surge in the number of projects being built on the platform, coupled with increasing public interest in the cryptocurrency market, could push (more…)

South Korean Police Did Not Raid Cryptocurrency Exchanges, FUD Triggers Market

This week, several Western mainstream media outlets have falsely reported that South Korean cryptocurrency exchanges were “raided” by local police and authorities. More inaccurate reports regarding the current state of the South Korean cryptocurrency exchange market led the entire cryptocurrency market to decline in value, demonstrating a similar effect to that (more…)

Crypto Craze: Towards A Bursting Bubble?

Cryptocurrencies had an incredible year in 2017: Bitcoin jumped more than 1,300%, Ethereum rallied 8,600%, and the overall cryptocurrency market rose to nearly US$650 billion by the end of the year, an astronomical 3,720% increase compared with January’s “tiny” US$17 billion market capitalization. 2017 was the year that smaller, lesser known (more…)

South Korean Cryptocurrency Mania: Exchanges are Adding More Employees Than Banks

South Korean cryptocurrency exchanges including Bithumb, Coinone, and Korbit are adding more employees than banks and financial institutions, local mainstream news networks have reported. YTN, one of South Korea’s largest mainstream media outlets, revealed that Bithumb, which processes more than $2.6 billion worth of cryptocurrency trades on a daily basis, has (more…)

As Ethereum Surpasses $100 Billion, Can Powerful Decentralized Applications Justify its Market Cap?

Ethereum, the smart contracts protocol that supports decentralized applications, has surpassed $100 billion in market valuation for the first time in its two-year history. Over the past three months, Ethereum has seen the emergence of some of the most popular decentralized applications in the market such as digital kitten breeding and (more…)

Ethereum Price Cracks $1,000 as Crypto Markets Surpass $750 Billion

Advertisement Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The cryptocurrency market cap achieved a new all-time high on Thursday, briefly rising above $770 billion amidst a widespread altcoin rally. The ethereum price rode this wave across the $1,000 threshold, while the ripple price appears determined to extend (more…)

Ethereum Creator Vitalik Buterin: Focus Less on Profit, More on Achievements

In late December, Ethereum creator Vitalik Buterin stated that if all the cryptocurrency community achieves is memes and immature puns, he will leave the sector for good. “If all that we accomplish is lambo memes and immature puns about ‘sharting’, then I WILL leave. Though I still have a lot of (more…)

Ripple Briefly Achieves $100 Billion Market Cap, Can it be Justified?

Advertisement Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Ripple, the cryptocurrency that was designed to handle large volumes of transactions for banks and financial institutions, recently surpassed Ethereum to achieve a staggering $100 billion market cap. Justification of Ripple’s Market Cap However, some experts including Ryan Selkis of ConsenSys… Read More »

Plasma Can Save Ethereum From CryptoKitty Level Congestion

Earlier this year, Ethereum co-founder Vitalik Buterin and Lightning co-author Joseph Poon announced Plasma, a second-layer scaling infrastructure for the Ethereum protocol. In a recent blog post, the development team behind Bankex, an Ethereum-based open-source digital asset exchange, noted that the implementation of Plasma could reduce the congestion of the Ethereum (more…)