Category: Ethereum

 After 2 years of development, Ethereum main net has finally seen the launch of one of its initial projects. A beta version of the Golem app went live, announced on April 10th. The development team is said to be currently working on the improvement of its decentralized structure. Upon being announced in 2016, the project garnered a tremendous amount of hype and attention, selling all of the GNT tokens in…

 The innovative co-founder of Ethereum, Vitalik Buterin has proposed something, what seemed to be a shock to the cryptocurrency world – to limit Ethereum’s production. The proposed number was 120,204,432, twice the amount originally sold in 2014, which was exactly 60,102,216. Vitalik made the announcement on GitHub, a forum for developers on April 1. This updated Ethereum improvement proposal (EIP) sets the cap on the supply of Ethereum to 120 million.…

 Recently, rumours on ASIC or an Application Specific Integrated Circuit have been floating around the Ethereum scene. There have been talks that the mining hardware developer Bitmain is planning to release the ASIC, specifically dedicated to mining Ethereum, in the second quarter of 2018. This news was responsible for the price of ETH dropping to its one week low value and sparked debate among the crypto community. As the name…

On February 16, 2018, OmiseGo, Cosmos, Golem, Maker, and Raiden, along with Global Brain, a Japanese venture capital firm, have established the Ethereum Community Fund (ECF). The aim of this fund is to finance projects and businesses in the Ethereum ecosystem. The Ethereum Community Fund will start off with $100 mln., presumably produced by the six Blockchain projects. Select members of the Ethereum Foundation including Vitalik Buterin, the creator of…