A platform is making it possible to escape the real world with a virtual world recreated with the technology of Web 3.0.
Ethereum News
Ethereum launched in summer 2015 with the aim of expanding the use cases of blockchain and cryptocurrency to encompass all manner of decentralized applications beyond Bitcoin’s initial scope, from permissionless financial services and crowdfunding to new organizational structures.
Ethereum was envisioned as a “global computer” that would allow developers to publish and execute apps powered by smart contracts — programmable scripts that facilitate the flow of digital assets.
Ethereum’s native cryptocurrency, Ether (ETH), not only provides an incentive structure similar to Bitcoin (BTC) in securing and maintaining the network but is also used as “gas” to run transactions through smart contracts. This functions as a security measure to protect the network from inefficient code and attacks by malicious actors.
At Cointelegraph, we are chronicling the progress of the Ethereum space. Will it become essential infrastructure for a more open, freer internet? Or will it be surpassed by other smart contract (or traditional) platforms vying for mind and market share?
Stay tuned.
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ETH price recaptured the $3,800 level and derivatives data signals bulls are well-positioned for Friday's $385 million options expiry.
9938The solution recently joined forces with Etherscan to provide blockchain statistics to its native developers.
4545To address concerns around the simplicity of play-to-earn games, a GameFi metaverse aims to create interoperability with editable NFTs.
4864Bitcoin remains strong above its recent breakout level, but several major altcoins will be under pressure until BTC reveals its next move.
19900Hedge fund manager Mark Yusko believes cryptocurrencies will generate “untold wealth” by powering the Internet of Value.
10072ETH price is lagging behind BTC's recent gains, but data signals that traders are confident in the altcoin breaking through $4,000 in the short-term.
9421Speaking on Bitcoin: “In some ways, the number of critics matters much less than the strength of the supporters.”
12482ETH/BTC dropped below its 200-day exponential moving average for the first time since March 2020, raising risks of more downside.
14109A cross-chain DeFi and NFT farming project plans to release 400 collectible chimps as part of efforts to remove intermediaries and connect artists with audiences on the blockchain.
2638Analysts say Bitcoin has started its journey toward a new all-time high and the sideways action from altcoins suggests traders are shifting funds into BTC.
32044Following the competition, a replica of Carlsen’s NFT trophy was auctioned off to a fan for 6.88 ETH.
5696In order to sustain the growth of NFTs, it is important that new buyers aren’t deterred from purchasing NFTs due to high gas fees.
9618On the back of the incredible crypto market recovery and the boom in NFT markets, the DeFi market has grown 18% in October.
14066China’s wide-spanning crypto ban puts a hefty dent in token values, but the surge in DEX volumes and BTC’s pop above $55,000 suggest the move was a blessing in disguise.
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