Ethereum is a decentralized blockchain platform, enabling smart contracts and distributed applications (DApps). The Ether token is the platform's cryptographic fuel. It is a source of payment for transactions and services performed within the Ethereum ecosystem.
In the month of January, a group of scientist revealed a major security vulnerability called ‘Eclipse attack‘, wherein virtually anyone with the internet connection can modify individual users access to publicly accessible ledger. The study was led by the researchers Ethal Heilman and Sharon Goldberg of the University of Boston,...
Garrett Camp, the co-founder of Uber announced the launch of the new cryptocurrency ‘Eco‘. For around six months the proposal was undergoing simulations to test the usability of services and payments. As reported in Fortune, Garrett is in views that Resuscitate the original promise of the digital currency: an instant,...
During 2017, the sale of more than 3 million graphic cards bought for cryptocurrency mining. An estimated investment of some USD $ 776 million, indicative of the great demand of these equipment within the mining sector of cryptocurrencies. Last time we have seen that New York to be part of ever...
Cardano said recently that due to the fact that they started their own technology from scratch, they will soon be ahead of cryptocurrency’s like Bitcoin and Ethereum. Currently, Cardano is the 7th in the global cryptocurrency market with a capitalization of almost US $ 8 billion, far from its targets....
Right now biggest challenge faced by cryptocurrency community backed by Blockchain technology are scalability issues. With respect to this, Ethereum developers will soon begin testing its new scaling tech known as sharding. Talking about Bitcoin, the slowness of the network and high transaction fees have led to the emergence of...
