Search results “Ethereum network fee”
Ethereum, Gas, Fuel & Fees
Joseph Chow will explain Ethereum's gas in detail. This will include the relationship between Ether and gas, the gas price and gas limit, gas for storage and computation, who pays, what may change in the future, and more. This presentation is a great opportunity to understand the core of Ethereum. Slides of the talk http://tinyurl.com/ethereum-gas Silicon Valley Ethereum Meetup: http://www.meetup.com/EthereumSiliconValley/ Organised & Recorded by Christian Peel Music: Electrodoodle & RetroFuture Clean by Kevin MacLeod (incompetech.com)
Views: 8830 EtherCasts
Ethereum fees were wild yesterday and Ivan is live regarding the fact that he is at Almedalen
Views: 14289 Ivan on Tech
Ethereum Surpasses Bitcoin in Network Fees + Stellar Trumps Litecoin in Marketcap!
Views: 1155 Crypto Blood
Ethereum Fees Explode, Coinbase Courts Big Money, & BTC Mining - Bitcoin & Cryptocurrency News
Bitcoin and cryptocurrency news - Ethereum fees skyrocket as the network clogs up, Coinbase going big and putting out the sign for institutional investors to join the party, Bitcoin mining wars go next level, Finland flip flopping on crypto, and AMEX is the devil. GIVEAWAYS Crypto Giveaway 10,000 Adbank - 6 lucky winners Youtube - like and comment with address https://www.youtube.com/watch?v=2h5adtbrrCY Twitter - retweet https://twitter.com/TheCryptoLark/status/1012518481655263233 Facebook - like, comment, and share https://www.facebook.com/TheCryptoLark/videos/466121317165428/ Wallet Giveaway - $179 Value ECOMI wallet - 3 lucky winners Youtube - like and comment https://www.youtube.com/watch?v=LpiVuxPykvw Twitter - retweet https://twitter.com/TheCryptoLark/status/1012074405965549568 Facebook - like, comment, and share https://www.facebook.com/TheCryptoLark/videos/465959697181590/ Coinbase https://cointelegraph.com/news/coinbase-custody-targeting-institutional-investors-now-officially-open-for-business Coinbase Portland https://www.ccn.com/coinbase-opens-new-office-in-portland-bids-gdax-goodbye/ Ethereum https://chainstate.org/2018/07/02/ethereum-transaction-fees-increase-by-7000/ GMO https://news.bitcoin.com/japans-gmo-launches-upgraded-7nm-bitcoin-miner/ Satoshi Book https://www.coindesk.com/self-claimed-satoshi-nakamoto-says-bitcoin-book-in-the-works/ AMEX https://theintercept.com/2018/06/27/american-express-supreme-court-ruling/ Bank of Finland https://cointelegraph.com/news/bank-of-finland-releases-scathing-crypto-report-calls-digital-currency-a-fallacy Essentia https://news.bitcoin.com/pr-finland-government-and-essentia-one-reveal-plans-for-international-blockchain-logistics-hub/ NEM https://ambcrypto.com/nem-partners-pillar-says-sustainable-partnership-sustainable-products/ Cardano https://ethereumworldnews.com/cardano-ada-and-google-in-the-talk-for-a-possible-partnership/ Enigma https://www.coindesk.com/secret-contracts-developer-engima-launches-blockchain-testnet/ Blockchain Voting https://www.coindesk.com/crypto-valley-declares-blockchain-voting-trial-a-success/ Please note this is NOT a sponsored video. RECOMMENDED EXCHANGES BINANCE https://www.binance.com/?ref=10192350 KUCOIN https://www.kucoin.com/#/?r=18a8f HUOBI https://www.huobi.br.com/en-us/topic/invited/?invite_code=b5u43 CRYPTOCURRENCY HARDWARE WALLETS LEDGER NANO S https://www.ledgerwallet.com/r/6877 TREZOR https://shop.trezor.io?a=Aw902Rsted CERTIFIED CRYPTOCURRENCY BROKERAGE Looking to buy or liquidate a large amount of coin? Caleb & Brown is here to help. https://partners.calebandbrown.com/cryptolark SOCIAL MEDIA LINKS TWITTER https://twitter.com/TheCryptoLark FACEBOOK https://www.facebook.com/TheCryptoLark/ TELEGRAM https://t.me/thecryptolark MINDS https://www.minds.com/register?referr... STEEMIT https://steemit.com/@larksongbird PODCAST - find me on I-tunes "Crypto Waves" HOST- https://www.acast.com/thecryptolarkpodcast Telegram Podcast Notifications - https://t.me/CryptoLarkBot RSS - https://rss.acast.com/thecryptolarkpodcast CONTACT E-mail thecryptolark@gmail.com with business or event enquiries. DISCLAIMER Everything expressed here is my opinion and not official investment advice - please do your own research before risking your own money. This video may contain copyrighted material the use of which is not always specifically authorized by the copyright owner. Such material is made available for research or academic purposes. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, this video is distributed without profit, for research and educational purposes. Custom intro and tunes created by The Maker's Initiative - Auckland, NZ Thanks for watching; please like, subscribe, and share if you found this useful!
Views: 9437 The Crypto Lark
Matic Network | BlockchainBrad EXCLUSIVE Interview with MATIC COO | An Ethereum Scalability solution
BlockchainBrad chats with Sandeep Nailwal (COO) of Matic (@maticnetwork). Matic is all about making scalable and instant blockchain transactions. But how? Matic Network solves the blockchain trilemma by building a decentralized platform using an adapted version of Ethereum's Plasma framework that provides a solution for faster and extremely low cost transactions with finality on a main chain. Interviewee: Sandeep Nailwal. Co-founder & Chief Operating Officer (COO) More Info: Matic Network brings massive scale to Ethereum using an adapted version of Plasma with PoS based side chains. Scalability Scalability is implemented by using a decentralized Plasma operator mechanism with finality achieved on a main chain. High Transaction Throughput Can scale to millions of transactions on a sidechain tree architecture. 65k transactions/second on a single Matic chain. User Experience Smooth UX abstraction from mainchain to Matic chain. Native mobile apps and SDK with WalletConnect support. Security The Matic chain(s) operators are themselves Stakers and Delegates in a Proof-of-Stake system in the Matic Network. Asset Interoperability Assets in different sidechains across various blockchains will be made inter-operable by Matic Network in the near future. Matic Architecture Matic Network solves the above problems by building a decentralized platform using an adapted version of Plasma framework that provides a solution for faster and extremely low cost transactions with finality on a main chain. The system ensures liveliness using PoS checkpoints which are pushed to the Ethereum mainchain. This enables Matic to theoretically achieve 2 16 transactions per block on a single plasma chain, and possibly millions of transactions on multiple chains in the future. Toolkit for developers Matic helps you to scale your DApps massively. You can even use your own tokens as settlement fees to run the Network. It provides SDKs and APIs for faster and easy development. disclaimer: this is all purely for educational value and it not, in any way, financial advice. Investment disclaimer: I have not invested in this project. This was an entirely free VIDEO. no tokens, freebies or donations were issued in exchange for this content. This is for you, the people. Education is the real power of crypto.
Views: 198 BlockchainBrad
Ethereum Network Congestion Slowing Down Dapps
The Ethereum Network is running into congestion issues once again. The cryptokitties Dapp locked up the system a few months back, but now even Binance has increased fees in the wake of the new traffic jam. Solutions like Sharding and Casper are in the works, but they have no specific timeline and are arguably not proven to be possible. With Ethereum running at full capacity, Dapps may be forced to look for solutions to their problems before Ethereum's issues shut them down completely. I discuss a couple solutions and potential opportunities in the chaos. Happy Investing C# HODLCREW http://connorkenny.com https://youtube.com/c/ConnorKenny https://twitter.com/ConnorLKenny Find me on steem platforms, @investing https://steemit.com/@investing My Favorite Exchanges are: Binance- https://www.binance.com/?ref=10117792 KuCoin- https://www.kucoin.com/#/?r=1tcM7 5 steem giveaways! Sub and comment on YouTube video to win with your steem handle/name.
Views: 196 Connor Kenny
Ethereum Transaction Fees Hit $5 Record High as Network Clogs
This story is from https://bitcoinnews.com/, read the full story at https://bitcoinnews.com/ethereum-transaction-fees-hit-5-record-high-as-network-clogs/ Ethereum average transaction fees reached a record high of USD 5.53 on 2 July 2018, beating the previous record of USD 4.15 on 10 January 2018, far higher than the transaction fees between USD 1 and USD 2 during the CryptoKitties craze in December 2017 which caused a major backlog on the Ethereum network. The cause of the current spike in transaction fees, which is ongoing as of this writing on 4 July 2018, is FCoin’s voting process for listing new cryptocurrencies on their exchange.
Views: 7 BitcoinNews
Ethereum Vs. Bitcoin: What Sets Them Apart? | CNBC
Cryptocurrency Ether could potentially prove more lucrative than Bitcoin. It's been flying in Bitcoin's shadow, but investors are taking notice of its powerful financial technology. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Ethereum Vs. Bitcoin: What Sets Them Apart? | CNBC
Views: 746731 CNBC
Ethereum Weekly Video Review #1 ( Block reward reduction, Coinbase fees, Alphabay)
In this video I try summarizing all the important news about Ethereum ecosystem in one video and rate them according to their importance. Check it out! Telegram channel : http://telegram.me/cryptoportfolio My telegram BOT: http://telegram.me/cryptoportfoliobot My VK page : VK : https://vk.com/cryptoportfolio My presentation: https://www.slideshare.net/DanAntonov/weekly-eth-review-22-march Twitter : https://twitter.com/EthereumRussian Facebook: https://www.facebook.com/CryptoPortfolio-632434220281700 Donate ETH if you really like my videos : 0xcc32962e5CB388717C7034d1a4EE3Ae6dB42763a or BTC: 1JzpzAcQoTB2rF74H29D2eeE4xSUvNLv1z
Views: 1133 CryptoPortfolio
Is This The End For Ethereum (ETH)?
Some people think this might be the end for Ethereum (ETH). It's hard to say. What I can say is, it's not looking great for Ethereum. With a network routinely at full capacity, charging fees, and is years away from scaling; Ethereum seems to be in a rough place. All of this seems to be a perfect storm for EOS to slide into the number 1 blockchain for DAPPS in the world. In this video I wanted to share my thoughts on if this is the beginning of the end for Ethereum..... MY PRIVATE CRYPTOCURRENCY GROUP: https://goo.gl/Au4S7f 🤑 My Favorite Exchange Binance: https://www.binance.com/?ref=11238357 💰 Secure your Crypto with Hardware Wallets: Ledger: https://www.ledgerwallet.com/r/2dd1 👫👭👬Social: LinkedIn: https://www.linkedin.com/in/dallasrusing Instagram: https://www.instagram.com/dallasirushing Steemit: https://steemit.com/@dallasrushing Facebook: https://www.facebook.com/dallas.rushing LINKS TO SOURCES 1. https://www.coindesk.com/vitalik-wants-pay-stop-ethereums-runaway-growth/ 2. https://ethresear.ch/t/a-simple-and-principled-way-to-compute-rent-fees/1455
Views: 23050 Dallas Rushing
Tether Now Supported on the Ethereum Network
Tether has switched from the previously used Omni protocol to the Ethereum network, citing lower fees and faster confirmations for the switch.. “TETHERED” TO THE DOLLAR. Tethers are a very controversial product in the cryptocurrency space and have been for months on end.. They are a cryptocurrency that is backed by traditional fiat currencies, such as the United States Dollar or the Euro.. Many exchanges have adopted tethers, as they offer a method of implementing USD pairs without having to use dollars.. This loophole can allow exchanges to work with “dollars” without having to jump through regulatory hoops.. The old tether system used the Omni protocol, a system that allows for custom smart contracts using the Bitcoin network’s security. The switch to Ethereum is exciting, as they’ve already migrated USDT and EURT to the new network.. The company announced that the switch was due to high fees and slow confirmations, two problems that Ethereum offers a solution to.. Tether has launched the new contracts and is in the process of transferring value across the chains. It may take some time for a full roll out onto Ethereum.. CONCERNS ABOUT THE TOKEN. Tether has come under fire as of late for some questionable actions. Many are still awaiting a full third-party audit on the tether reserves.. The reserves are bank accounts that Tether claims have a matching number of dollars as the number of USDT in circulation.. More eyebrows were raised when it was discovered that tether has a clause in their ToS stating they have no obligation redeem the tethers at face value.. Tethers can only be purchased by institutional investors, not the public. So far, over $1.5 billion has been produced by Tether, which is currently being using in circulation by exchanges and individuals worldwide.. Do you think that Tether’s switch to the Ethereum blockchain was a smart move? Do you use tethers? Let us know in the comments down below!.
Ethereum Reduces Block Reward | ETH GPU Mining Will No Longer Be Profitable
While I was trying to enjoy my trip to Christopher Newport University I was saddened with the official confirmation that Ethereum developers simply do not care for their GPU mining community. Antminer E3 Ethereum Miner On Amazon - http://geni.us/QqQGUKB In the recent Ethereum developers livestream by the Ethereum Foundation it was officially confirmed that the ETH mining block reward will be reduced from 3 Ether to 2 Ether in their hopes to curb inflation and appeal their investors / stakeholders. With clear disinterest from the Ethereum team of developers to work on a new mining algorithm and their continued focus of developing their PoS Proof of Stake model.There is an extremely low probability of ETH adopting a new PoW Proof of Work algorithm especially one that is best for GPU mining such as ProgPOW. Several clips from the Ethereum Dev livestream were used under CC 3.0, you can view the original full stream here - http://bit.ly/2O3hhpJ 1080 TI Mining Rig eBay search - https://ebay.to/2McfxIY Ethereum Network hashrate graph chart - http://bit.ly/2MdZlXI ProgPoW ifdefelse official github - http://bit.ly/2wWKUmf Monero XMR hard fork countdown timer - http://bit.ly/2NvmucW Mining Rig Parts IN STOCK on Amazon - http://geni.us/WQd7cCs VoskCoin Patreon - https://www.patreon.com/VoskCoin VoskCoin Facebook - https://www.facebook.com/VoskCoin/ VoskCoin Reddit - https://www.reddit.com/r/voskcoin/ VoskCoin Discord Server Invite - https://discord.gg/FGGmS2z VoskCoin Twitter - https://twitter.com/VoskCoin VoskCoin Instagram - https://www.instagram.com/voskcoin/ VoskCoin Official Donation Addresses, support appreciated! BTC - 12PsgKuhcJrEqJbD3oMN7rcEcuyqyqRznL ETH - 0xDEe6A2ae293F8C58Ef71649658344BbF382b6e70 ZEC - t1ZoVF5t75NahSAfuwpcyHA8uzkPyocXpJZ ZEN - znb1iNFP6VctF2AhXLXtMsSjP7emvYDmeXR Loki - LScbLXmws9RA4SXVz5GhGm3N2YfKShw6MQGeyAjYc3bE5nYHUw3UUWxgKGN8kCnWQkfZEGN1PBxX7Zky3aVJSpGxTZTuDLB XMR - 484HoyS4h2fenvLKQkuUV7FwnJaGK8LMX43tiJ3UZdVU53d2MxFiQ1jbSfyorsXZVs1SvoPVh4nipjd7b4GVgFGmCgygdpV Doge - DHgX7vJjBsmYcB1GgubGtu3TVJkqQgCG6B We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to http://Amazon.com and affiliated sites. Track: Unknown Brain & Spce CadeX - Holding You (feat. Max Landry) [NCS Release] Music provided by NoCopyrightSounds. Watch: https://youtu.be/Nn2aXfUkJsc Free Download / Stream: http://ncs.io/HoldingYouYO #Ethereum #Cryptocurrency #VoskCoin
Views: 24855 VoskCoin
Will Vitalikcoin Add RENTAL FEES to Ethereum? - Users Revolt?
💰Get on the Waiting List ★ http://yen.io Will Vitalik add rental fees to ethereum? Will the community be okay with that? // GET THE APPS 💰 Social Exchange - http://yen.io 🚀 Market Cap - http://coinpuffs.com 💥 Stay Woke - http://cryptoyum.com 📚 Free Email Course - http://10daysofbitcoin.com // GET STARTED 🚀 Become a Cryptonaut - Support us on http://patreon.com/pub 💻 Join us at the PUB! - http://thebitcoin.pub 💰Get a Coinbase Wallet! - http://dctv.co/dctv-coinbase - Sign up! // WE DO SOCIAL 🔑 Decentralized Newsletter - https://dctv.co/dctv-news 📔 Twitter - https://dctv.co/dctv-twitter 💻 Google+ - https://dctv.co/dctv-googleplus ✏️ LinkedIn - https://dctv.co/dctv-linkedin 💻 Medium - https://dctv.co/dctv-medium Music by Charles Giovanniello, a Bitcoin Pub community member! Note: This is not financial advice as all investing is speculative. Have fun and good luck!
Views: 4748 Decentralized TV
What Is Tomochain? Better Than Ethereum? Zero Fees | Instant Payments | Social dApp | $TOMO
TomoChain (TOMO) is an innovative solution to the scalability problem with the Ethereum blockchain in particular and with all current blockchain network in general. TomoChain is envisioned to be a network of chains that supports instant confirmation, near zero transaction fee, and smart contracts which will be an ideal solution for decentralized apps, token issuances and token integrations for small and big businesses alike. 0:50 Tomochain overview and website 4:47 Roadmap 2:35 NEO APAC Tour 6:15 Key points from white paper 8:48 PoA (Proof of Authority) Consensus Mechanism 10:05 What makes the social app so special? 12:20 TomoApp Demo 13:24 Blockchain Comparisons: ETH, ICX, NEO, WAN, EOS, DRGN 18:03 Blockchain Brad Interview: https://youtu.be/Qye3bdNlOEo 18:24 https://medium.com/@FYIcryptoz/getting-to-understand-tomochain-tomocoin-digging-through-the-whitepaper-in-detail-423fd88d1f78 19:04 The Team Buy Bitcoin, Get $10 ►► http://Coinbase.kdub.co Buy Cryptos on Binance ►► http://Binance.kdub.co Buy Cryptos on KuCoin ►► http://KuCoin.kdub.co My #1 Hardware Wallet ►► http://Ledger.kdub.co Follow me on Twitter ►► http://twitter.com/TheCryptoZombie Join The Telegram ►► https://t.me/joinchat/E67b8w-hQrMsZebuCC6peg DISCLAIMER: I am not a financial advisor. This is not financial advice. This is just my opinion. Always do your own research before investing. I am not responsible for your trades… Crypto News: NEO APAC Tour | The Bitcoin KILLER? 🔪 | Porshe | TNC TRAC ACT NAV ACAT BNB WWB POLY https://youtu.be/BYY3azGi52g Watch this video again because it's awesome: https://youtu.be/FIrJpAY4wxs #cryptozombie #crypto #cryptocurrency #blockchain #dapp #bitcoin #btc #tomochain #tomocoin #tomoapp #tmc #tomo #ethereum #smartcontract #eth $ETH $TOMO $TMC
Views: 6678 Crypto Zombie
Rogue App Wreaks Havoc –Transaction Costs Soar as the Ethereum Network Slows - Bitcoin News
Rogue App Wreaks Havoc –Transaction Costs Soar as the Ethereum Network Slows - Bitcoin News Another month, another almighty congestion on the Ethereum network. Gas prices have soared this week, passing 500 gwai at one stage, before settling on a still-pretty-substantial 56 gwai. As a result, the average transaction cost is $0.49, making it more expensive to send crypto on Ethereum than on ... ► SUBSCRIBE FOR MORE VIDEOS: https://goo.gl/NYaHq2 ► Bitcoin News -Alt Coin news - coin telegraph - coindesk - coin market cap https://goo.gl/45UVFu ★★★ Thanks for watching! Please leave a like if you enjoyed and tell me what you think in the comments! Thanks ★★★
Views: 6 CoinKorea
Help! My Ethereum Transaction has Been Pending All Day!
The Crypto Dad shows you how to overcome heavy network issues when trying to send Ethereum. The Crypto Dad shows you how to move Ethereum from your Ledger Nano S to the Bittrex exchange. The “Ledger Wallet Ethereum” (The Chrome-based app for accessing the Ledger Nano S) has been having trouble sending. I found a workaround utilizing the MyEtherWallet website. You can find the Ledger Nano S here: https://www.ledgerwallet.com/products/ledger-nano-s Related videos on my YouTube Channel How to Move Ethereum from Mist Wallet & Bittrex to Your Ledger Nano S: https://youtu.be/p7DbIpCOCS4 How to Buy Ethereum on Coinbase and Move it to Your Ledger Nano S: https://youtu.be/Bf5nxdS4ApI How to set up a Coinbase account: https://youtu.be/odV2XE0B6fo How to enable 2-factor authentication on a Coinbase account: https://youtu.be/EAnM3hOiZCg If you would like to get started buying Ethereum, one of the easiest ways is opening a Coinbase account. You can set up a set up a Coinbase account at: https://www.coinbase.com/ You can also download the Coinbase App: For IOS: https://itunes.apple.com/us/app/coinbase-buy-bitcoin-more/id886427730?mt=8 For Android: https://play.google.com/store/apps/details?id=com.coinbase.android&hl=en I highly recommend the Google Authenticator app for extra security on your online accounts: For IOS: https://itunes.apple.com/us/app/google-authenticator/id388497605?mt=8 For Android: https://play.google.com/store/apps/details?id=com.google.android.apps.authenticator2&hl=en New social Media links! Twitter: https://twitter.com/The_CryptoDad Facebook: https://www.facebook.com/TheCryptoDad Donate Bitcoin: 1JBxwXG8P6PYKKsrHKzQduM8s8RoV3dnjr
Views: 6746 Rex Kneisley
Bitcoin Transaction Fees Explained
What is a Bitcoin transaction fee? Who does it go to? How is it calculated? Why have fees been going up lately? This week I answer all these questions and more. SCALING DEBATE VIDEO: https://www.youtube.com/watch?v=RmGEuriu1u8&t LET'S TALK BITCOIN EPISODE: https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-333-on-consensus-and-all-kinds-of-forks MUSIC: https://www.youtube.com/watch?v=7qGdH4CKnLA TIPS: BITCOIN 1E74VZ8XQDKjEdovgH9tNWcynX1Nc6NTD LITECOIN LSPGEv5qyN7LH9euwouuPbSXUhrvZuSLYP ETHEREUM 0xB16bB3A76208AE22461B99D1048218FAe15E2A45 DASH XceZWrr3nN8jjrHxwxRGDcT461nEnncLxB
Views: 17921 BTC Sessions
How to Read an Ethereum Blockchain Explorer Receipt
In this video, BlockchainWTF's Jeremy Cogan explains how to read a receipt on a blockchain explorer. He'll cover the different capabilities of a blockchain explorer, how to read a receipt, and any associates fees that come with these transactions. KIN ICO or NO episode: https://blockchain.wtf/2017/09/series/ico-or-no/episode-11-kin/ Reach out and sign up for our mailing list at: https://blockchain.wtf/contact-us/ Don't worry, we don't bite! Let us know what you think below in the comments section below! * Twitter: https://twitter.com/blockchainwtf * Facebook: https://facebook.com/blockchainwtf * Website: https://blockchain.wtf Reach out and sign up for our mailing list at: https://blockchain.wtf/contact-us/
Views: 1670 Blockchain WTF
What is Ethereum? A Simple Explanation Anyone Can Understand
What is Ethereum? A Simple Explanation Anyone Can Understand You'll receive $10 in free bitcoin by signing up with this link http://bit.ly/2oesV41 Blockchain Revolution Book: http://amzn.to/2nXGGqY Buy Ethereum: http://bit.ly/2oesV41 Ethereum Course: http://courses.blockgeeks.com/ What is Ethereum for beginners? At its simplest, Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications. Is Ethereum similar to Bitcoin? Well, sort of, but not really. Like Bitcoin, Ethereum is a distributed public blockchain network. Although there are some significant technical differences between the two, the most important distinction to note is that Bitcoin and Ethereum differ substantially in purpose and capability. Bitcoin offers one particular application of blockchain technology, a peer to peer electronic cash system that enables online Bitcoin payments. While the bitcoin blockchain is used to track ownership of digital currency (bitcoins), the Ethereum blockchain focuses on running the programming code of any decentralized application. In the Ethereum blockchain, instead of mining for bitcoin, miners work to earn Ether, a type of crypto token that fuels the network. Beyond a tradeable cryptocurrency, Ether is also used by application developers to pay for transaction fees and services on the Ethereum network. “Bitcoin is first and foremost a currency; this is one particular application of a blockchain. However, it is far from the only application. To take a past example of a similar situation, e-mail is one particular use of the internet, and for sure helped popularise it, but there are many others.” Dr Gavin Wood, Ethereum Co-Founder What is a smart contract? Smart contract is just a phrase used to describe computer code that can facilitate the exchange of money, content, property, shares, or anything of value. When run on the blockchain a smart contract becomes like a self-operating computer program that automatically executes when specific conditions are met. Because smart contracts run on the blockchain, they run exactly as programmed without any possibility of censorship, downtime, fraud or third party interference. My name is Ameer Rosic, and I'm a serial entrepreneur, investor, marketing Strategist and Blockchain Evangelist Buy Bitcoin & Ethereum http://bit.ly/2oesV41 Get One-to-One Consulting https://clarity.fm/ameerrosic Blog http://www.Ameerrosic.com blockgeeks: http://www.blockgeeks.com Facebook http://www.Facebook.com/ameerrosic Twitter http://www.Twitter.com/ameerrosic InstaGram http://www.Instagram.com/ameerrosic
Views: 468137 Ameer Rosic
Bitcoin transaction fees EXPLAINED! Why are they so high?
There were more unconfirmed transactions in the Bitcoin network as never before just recently. Most of the known Bitcoin wallets estimate a reasonable fee to get a confirmation in within an acceptable timeframe. What do you think about the current fees in the Bitcoin network? 💎CLOUDMINING💎 Genesis Mining » 3% Discount Code: fBgniQ » Registration: https://www.genesis-mining.com/a/984316 Bitclub Network » Registration: http://bitclub.bz/investmentaccount Hashflare » Registration: https://hashflare.io/r/E2A5DDF9 🏦EXCHANGE🏦 Coinbase » Registration: https://goo.gl/aHLwbB 🔑HARDWARE WALLET🔑 Ledger » Purchase: https://www.ledgerwallet.com/r/f7c4 🌍SOCIAL MEDIA🌍 » twitter: https://twitter.com/sunnydecree » facebook: https://www.facebook.com/sunnydecree » steemit: https://steemit.com/@foodnature ✉️CONTACT ME✉️ » facebook: https://www.facebook.com/sunnydecree 💵DONATION💵 BTC » 12vg29zgveAqm31yiUrL9kM2ANmYMFaA93 ETH » 0x4CdF38B33696216f9fE21E706AA4ddf232831Aee LTC » LQWQwRHyk8KntXEDGCxtKDq9yByTyaTiqY
Views: 22303 sunny decree
ETH Gas Station Tutorial - Send Ethereum Transactions for Less!
EthGasStation is a great resource to help you send transactions via the Ethereum blockchain. Gas is the unit used to power the EVM, essentially acting as fuel for the network. Gas is not Ether, but gas has to be used to conduct ether transactions. EthGasStation allows users to estimate transaciton fees. They provide data that shows the network activity on the Ethereum network, and can help you save money in useless fees! If you enjoyed this video, please give us a “Like.” And don’t forget to subscribe to our channel so you don’t miss out on any of the blockchain buzz! Interact with us on social media, check out our site, and sign up for our mailing list for more great info on all things blockchain! * https://facebook.com/blockchainwtf * https://twitter.com/blockchainwtf * Website: https://blockchain.wtf * mailing list: https://blockchain.wtf/contact-us/
Views: 1798 Blockchain WTF
Claymore Ethereum Miner developer's fee removed - Live mining /monitoring
I have managed to remove developer's fee from Claymore miner few days ago. And I have tried to automate the removal process. I managed to do it yesterday and today it worked quite well so far. I was confronted with so many people who simply dont believe anyone and anything they think everything is lie. So I have verified my youtube account and I will start streaming today over night. In beggining of this stream I will show the program that does all magic, setup my miner and some monitoring software along with ethermine.org website which will be refreshed every minute. So you can see realtime performance of my mining rig and real mining statistic reported on ethermine.org. You can check realtime information shown in stream and compare it with this website online on this link : https://ethermine.org/miners/fBE110c592bA7A82DaBde3D31776004dc7D8BB6f Miner will show that it mines "developer fee" but when it mines it will be sent to my account on ethermine instead of Claymore's you can watch when miner submit shares under developer fee mode they will show up as "default" worker on my account. Also you can see in miner Claymore's worker adresses in red text. You can find them on ethermine too each should mine around 35Gh/s ! PS: You can see how many shares were mined durning developer's fee mining and compare it with how many shares my account received from default worker. It should always match. This program will be released within two days most likely. I want to test it more and add more checks to prevent any eventual crashes to ensure mining will be absolutely uninterupted. This stream will continue until I wake up or any technical problem happen. This is my first stream on youtube so it might not work well we will see... Download Link: https://mega.nz/#!hlMnQZAS!sx2csiozX3uRlsfpsxU45OfUqCWR6bNYE1Ni9QvD_fQ VirusTotal: https://www.virustotal.com/#/file/0221b376bd67486abe4a2cd20008327a3077723e384d86b7e16560f830020023/detection
Views: 85023 Tomas Sejkora
What the Hell is Ethereum & What Does it Do???
Ethereum explained: what's the Ethereum cryptocurrency & how does it differ from Bitcoin? Today I'll tell you all about the Ether altcoin, Ethereum mining, Vitalik Buterin, & more! Get ETH and BTC here: https://www.coinbase.com/join/5926bddfea359f083d018d81 Ethereum (aka the Ethereum Project) is a software platform that allows developers to create & launch decentralized applications aka “DApps.” It currently holds the world’s second-largest market cap behind Bitcoin. Ethereum’s poster child is Vitalik Buterin. He’s of Russian-Canadian descent who was responsible for founding the Ethereum Project in 2013 at just 19 years old! Like Bitcoin, Ethereum is based on blockchain technology. Bitcoin uses blockchain technology as simply a store of value & a means of exchanging these stores of value. While Bitcoin’s primary purpose is as a store of value, Ethereum’s purpose on the other hand is to run the programming code of any decentralized application. A smart contract is simply a fancy term for computer code that performs specific actions once certain conditions are met. We can carry out this transaction over the blockchain by you paying in the form of a cryptocurrency, which is held in limbo in a virtual contract. So in cases like these, think of smart contracts as a sort of automated form of escrow conducted over the blockchain that’s witnessed & verified by the many nodes within the network. This ensures a smooth, seamless transaction due to blockchain’s public & self-governing properties. The reason why I covered smart contracts is because at the heart of Ethereum lies its most innovative feature: the Ethereum Virtual Machine (or EVM for short). Using the Ethereum blockchain, programmers can create their own blockchain-based DApps, whose actions are self-governed & self-executed thanks to smart contracts, which are ultimately carried out by the EVM. Before Ethereum was conceived, most cryptocurrencies more or less served the same functions as Bitcoin, which is to act as a store of value that can be transferred peer-to-peer. Diversifying these functions had to be done by either expanding the Bitcoin blockchain’s capabilities or by building a completely new blockchain that covers all that & more...and that’s exactly what Vitalik Buterin did with the Ethereum Project. Thanks to the Ethereum Virtual machine, DApps (or blockchain-based decentralized apps) are easier to create than ever before. Most of the newer cryptocurrencies out there are being created on the Ethereum blockchain in the form of what’s called an ERC-20 token. 1 important characteristic behind the EVM that programmers find extremely valuable is that it’s a Turing-complete software, meaning it can operate by using a wide variety of programming languages like C++, JavaScript, & Python to name a few. This provides an entire world of simplicity to programmers looking to create new cryptocurrencies & DApps. Because each & every one of these Ethereum-based DApps is built on blockchain technology, they inherently carry all of the innovative benefits of a blockchain: like being decentralized, operating with an open ledger, being invulnerable to hacks, & functioning in an autonomous nature. Those of you watching this that already have an idea of what Ethereum is may have come across the terms Ether & Gas. Ether is simply Ethereum’s native token, while Gas is how much you pay for a transaction to take place. While there’s no actual token for it, Gas is a measurement unit paid in the form of Ether that’s used to reward Ethereum miners for verifying your transaction & adding it to the Ethereum blockchain; so essentially Gas is just a transaction fee. The total transaction fee you end up paying is determined by two things: Gas cost & Gas price. Think of Gas price as the hourly wage you’re willing to pay a miner, while gas cost can be thought of as the total number of hours the miner worked to process your transaction. While the gas cost is determined by how much computing power is required to process your transaction, the gas price is chosen by you & how much you’re willing to pay. You may be wondering why the Ethereum Project created such a complex method of determining your transaction fee, but once you know why, it’ll all make sense & seem more efficient in the long run. It’s because, like Bitcoin, Ether’s price is very volatile based on the market’s supply & demand. The genius minds behind Ethereum believed it would be more beneficial to everyone to make this transaction price completely separate (from the price of the Ether token) so that costs don’t have to change every time Ether’s market price moves up or down. Disclaimer: This is not financial advice. I absolve myself of all responsibility (directly or indirectly) for any damage, loss caused, alleged to be caused by, or in connection with the use of or reliance on any content, goods or services mentioned in this article. As usual, DYOR.
What is Ethereum Gas?
What is Ethereum Gas? To run your car, you need fuel. To run an application on Ethereum you need gas. The gas mechanism makes Ethereum extremely efficient at allocating scarce resources on the network. Everything on the Ethereum network costs a little bit of gas including transactions. Gas on Ethereum has a market price determined by demand for resources on the network. The amount of gas you need depends on how large of a contract you are trying to execute, and how fast you want it executed. If you are willing to wait longer, you can pay less gas. If you want your contract or transaction executed faster, you pay more gas. Many functional tokens today have taken efficiency ideas from the Ethereum gas market and applied them to problems in other industries. Many believe the future lies in this kind of very efficient use of decentralized resources, which benefits all participants.
Views: 1372 Ethos
Gas Limit ans Gas Price of Ethereum || Explained for Beginners in cryptocurrency world { Hindi }
Ethereum is the network, also known as the blockchain. Ether (ETH) is the fuel for that network. When you send tokens, interact with a contract, send ETH, or do anything else on the blockchain, you must pay for that computation. That payment is calculated in Gas and gas is paid in ETH. You are paying for the computation, regardless of whether your transaction succeeds or fails. Even if it fails, the miners must validate and execute your transaction (compute) and therefore you must pay for that computation just like you would pay for a successful transaction. You can see your TX fee (gas limit * gas price) in ETH & USD when you search for your transaction on etherscan.io. This is not a TX fee that MyEtherWallet, or any other service provider, receives. This fee is paid to miners for mining transactions, putting them into blocks, and securing the blockchain. Top Exchange referral linkTop Exchange referral link (Safe Link) 1) Binance https://www.binance.com/?ref=15177903 2) Cryptopia https://www.cryptopia.co.nz/Register?referrer=ritwikprasad 3) YoBit https://yobit.io/?bonus=GKYoo 4) Koinex https://koinex.in/?ref=26f412 5) Hitbtc https://hitbtc.com/?ref_id=5a47a9d43fa6b 6) Livecoin https://livecoin.net/?from=Livecoin-Gt5PzQUz 7) Kucoin https://www.kucoin.com/#/?r=1gude 8) Zebpay http://link.zebpay.com/ref/REF01283095 9) Unocoin https://goo.gl/JzYvtY Please use this referral code to support this channel U926291 10) Buyucoin https://www.buyucoin.com/referral?referral=buyucoin64100412 11) Coinexchange https://www.coinexchange.io/?r=561ede03
Views: 779 Money Mantra
The Cost of Mining Ethereum and its ROI
Learn everything you need to know and more about your personal computer at PC Turnaround! https://pcturnaround.com In this video we explore the cost of setting up a miner to mine ethereum or other cryptocurrencies. We also discuss the ROI or mining ethereum or other cryptocurrencies and how to calculate your return on investment. ----------------------------------------------------------------------------------------------- Ethereum: Ethereum is a new type of crypto currency similar to bitcoin but it has more uses than bitcoin which is why some users are dubbing it Bitcoin 2.0. Unique features 1. Ethereum can only be mined with GPUs Chinese ASIC miners used for bitcoin mining will not work! 2. Ethereum has the ability to create smart contracts Basically you can have multiple transactions in one block on the blockchain 3. Ethereum transactions are lighting quick compared to bitcoin sending money / receiving money is much faster 4. Ethereum can be used to create smart applications that can live forever on the blockchain No one can take your app down like (Google / Apple / Government) There's a lot more to ethereum but it seems to be a very promising technology for the future Depending on how popular this video gets, I may post more videos related to the subject. ----------------------------------------------------------------------------------------------- Donations donation are appreciated if this helped you out or you found it interesting! Ethereum Address: 0x86c49E7d15F10c75BFAd32B4E2a2179876ac8046 Bitcoin address: 1MrP6ju8k2FgutmaAhiLdYj1iaBgYHycps Litecoin address: LZPLjpxVvjKAgFLyzCtbtxuiBJSvrKAeK3 ----------------------------------------------------------------------------------------------- Used in the video Computer Setup Rosewill Computer case: http://amzn.to/1K3459K EVGA Supernova G3 1000Watt PSU: http://amzn.to/2ohHZl9 MSI 990FXA Gaming motherboard: http://amzn.to/2oHjREQ AMD FX 9590 Processor: http://amzn.to/1VMZJKT (TAKEN OUT) AMD FX 8320E Processor: http://amzn.to/2nro3s4 (REPLACED THE FX-9590) Thermaltake Water 3.0 Ultimate Heatsink: http://amzn.to/1Zt7oCC (TAKEN OUT) Arctix MX-4: http://amzn.to/2mW8wVc Crusial Ballistix Sport RAM: http://amzn.to/1K34A3D (REPLACED THE CORSAIR VENGEANCE RAM) New Sapphire R9 Fury X video card: http://amzn.to/1K34N79 ASUS STRIX RX480 x2: http://amzn.to/2oH5m3W PCIe 16x to 1x Risers: http://amzn.to/2ohIrQe AverMedia Capture card: http://amzn.to/1VMZxex (TAKEN OUT) Samsung 27" Monitor: http://amzn.to/1VN06oB Keyboard and mouse: http://amzn.to/1GDCRXg ----------------------------------------------------------------------------------------------- SPONSORS COINBASE Purchase Bitcoin / Ethereum / Litecoin with your debit / credit card! Purchase $100 of any crypto and get an extra $10 worth of bitcoin by using the code below https://www.coinbase.com/join/529daee814bd87441c00005b Ledger - Hardware cryptocurrency wallet Keep multiple cryptocurrencies safe on a NANO leger hardware wallet! https://www.ledgerwallet.com/r/db94?path=/products/1-ledger-nano Genesis Cloud Mining Use my code at checkout to save 3%: 8gIbXD https://www.genesis-mining.com AMAZON Support this channel by purchasing items on Amazon.com! http://amzn.to/2gHo1Zh NEWEGG Hot deals on Laptops and Desktops at Newegg https://goo.gl/scY67z Google - Project Fi Phone Service Pay only for the data you use and get the best coverage in the world! Get $20 off your first bill by using the link below https://g.co/fi/r/45A00V ----------------------------------------------------------------------------------------------------------- MUSIC Noble Dub - Silent Partner ----------------------------------------------------------------------------------------------------------- For other news, unboxings, reviews, tutorials, repairs and more visit: https://pcturaround.com Follow PC Turnaround on these social networks. FB: https://www.facebook.com/pcturnaround Twitter: https://www.twitter.com/pcturnaround G+: https://goo.gl/dF2jcR Instagram: https://www.instagram.com/PCturnaround Youtube: https://goo.gl/qEQDoF
Views: 168489 PC Turnaround
Article about the proposal: https://www.ethnews.com/vitalik-buterins-proposal-to-improve-transaction-fee-markets-explained
Views: 16919 Ivan on Tech
Bitcoin vs Litecoin vs Ethereum
New to the cryptocurrency scene and wondering how other coins compare to bitcoin? Welcome. Bitcoin: A digital form of gold. It allows you to store your wealth in a medium that is unaffected by inflation, governments and banks. Price driven by supply and demand. Litecoin: A digital form of silver. You can’t go around buying things with gold bars. A “lighter” version of bitcoin, litecoin is easier to spend and transact with. Price driven by supply and demand. Ethereum: A digital form of oil. (?) The Ethereum network is a global supercomputer that anyone can access. It differs to traditional systems in the fact that is publicly owned, and therefore decentralised. No party controls this network, so no one can “cheat”. Ether is the fuel that runs this network. Price is driven by the utility of this global supercomputer (similar to how the price of oil comes from its ability to power global infrastructure). The Ethereum analogy is admittedly the weakest. Though this is a sufficient, non-technical explanation. A lot of content circulating is too technical. Written by computer scientists – for computer scientists. Having this kind of documentation is of course very important. But it makes it prohibitly hard for the average person to get involved, a barrier that is delaying mainstream adoption. This video is a basic overview. What it lacks in comprehensiveness, it makes up for in accessibility. As with any analogy, there are imperfections. This video should be viewed of as a gateway into this field, not as an academic journal. There has been a huge influx of investors who do not have the slightest sense of the product they are buying, blindly following the price of bitcoin in the attempt to make a quick buck. This is worrying. In order to make informed decisions, an investor must have a basic understanding of the underlying asset. Cryptocurrency has become a uniquely craze driven speculative tool. No other commodities have this problem. Real estate, water, energy. Buying into these commodities without an understanding of the underlying utility is unheard of. Why should it be the same for cryptocurrencies? Coinbase sells these three cryptocurrencies. This exposure makes them the most questioned, hence this video was made. Coinbase then ruined this plan by adding Bitcoin Cash, mid-production. Video on Bitcoin Cash vs Bitcoin coming soon. ~~~ Buy bitcoin, ethereum and litecoin from Coinbase. Coinbase will give you free bitcoin for using this link: https://www.coinbase.com/join/59fdb27b8cf13000c7e82ad2 The only way to keep your bitcoin safe is with a hardware wallet: https://www.ledgerwallet.com/r/b0c2 ~~~ Arcane (adjective) "Mysterious and known only by a few people." Wharf (noun) "One of the UK's two financial districts, Canary Wharf hosts the world headquarters of numerous major banks, professional services firms, and media organisations." ~~~ BTC: 1LjZNkQFBat3doPJkJEAu5GK1Mca3NMrnC ETH: 0x84accC2F5D743264735aB07dd34a944d0918681C XMR: 4AWoqv2pPvt8cqQNJgRWTBc94nGiU67CnWjQZj3yG6FTUL2dhfGkenpeBFXnUt9RB2gNUxiC8ryT37h2ZFsmNaLfSA3XTFZ This is not investment advice.
Views: 4437 Decrypted
[Decent.bet] How We Avoid Ethereum Confirmations/Fees
CEO Jedidiah Taylor explains the proprietary technology designed by the Decent.bet development team. The team has successfully implemented blockchain gambling that doesn't have the delays other solutions suffer. Watch this live demo to see how gameplay is fast and smooth to recreate the expected timing that gamblers have grown accustomed to. The ICO has been an incredible success and is open through 10/21/2017. Contribute to ICO https://www.decent.bet/ico Facebook https://www.facebook.com/decentbet/?ref=br_rs
Views: 2514 Decent Bet
Fixing Stuck Transactions on Ethereum Network | CryptoKitties Stuck Transactions
Here is how to fix it! Let me know if any questions and I will answer! Check out my subreddit for trading kitties! https://www.reddit.com/r/CryptoKittensTrade/ If this really helped you out feel free to send me some love! Bitcoin Cash: 1Fstdc3KgU382rzH5aHxqzVSGM2oieDdiw ETH: 0xEc916B7C4a0155Defd4192f71406431437dD76b0
Views: 11769 Truth Force
Genesis Mining code (QnCw0O) for 3% discount - https://www.genesis-mining.com/ Please enter promo code QnCw0O in the promo code box when paying. Thank you. Recommended Wallet: LEDGER NANO S Available here: https://www.ledgerwallet.com/r/ae80 List of code used: Z0DXce - 1mh/s ethereum LEDGER NANO S VS EXODUS WALLET BITCOIN FEE & GENESIS MINING ETHEREUM CONTRACT UPGRADE THANK YOU EVERYONE FOR THE SUPPORT. My personal email: tplusrd@gmail.com Jaxx wallet - https://jaxx.io KRAKEN - https://www.kraken.com Exodus wallet - https://www.exodus.io Crypto currency trading - https://poloniex.com Crypto mining calculator - http://www.coinwarz.com/calculators Buy/Sell bitcoin @ coinbase - https://www.coinbase.com/join/58bc8a6... If you use my Genesis Mining code please comment on the video and let me know and I will use your code back as soon as possible. Donate Bitcoin: 18hWAJanEFNvQ58KDufwopzvxDRNzMXW1E Dash: Xb58Xx66SYCEysuk35j9DhujUVG5jjSXvE Ethereum: 0xF64988665f42A96e306dDf58E7d1073fC8e6fcbc Litecoin: LZiZ9CvCVrKkzGmEL3he7q8GAw7u12aof8 Please like share and subscribe!
Views: 4018 crypto
ICO Review: Raiden Network (RDN) - Scalable Transfers for Ethereum
Raiden is an off-chain payment network built on top of the Ethereum network. Full report by Crush Crypto: https://crushcrypto.com/analysis-of-raiden-network/ Download the free ICO Guide which contains 6 simple steps for analyzing any ICOs to find the winning projects: https://crushcrypto.com/youtube/ Note: This is not a paid review. We do not offer promotional or advertising services. Our content is based on our own research, analysis and personal opinion. _______________________________________ What does the company/project do? Raiden is a payment network built on top of the Ethereum network. The goal of the Raiden project is to provide an easy to use conduit for off-chain (i.e. not on the Ethereum blockchain) payments without the need of trust among the involved parties. This is done by broadcasting transactions on the blockchain only during settlements, and not at each individual transaction between the two parties. It works similarly to a bar tab, in that you only pay the total to the bar when you are done for the day, instead of going through the whole payment process each time you purchase a drink. Each “bar tab” is called a channel. By using off-chain payment channels instead of settling on the blockchain for each transaction, parties in a channel can send money or tokens back and forth nearly instantly, in high volume, and without fees until settling the net amount on the Ethereum blockchain when the parties decide to close the channel. _______________________________________ What are the tokens used for and how can token holders make money? Protocol level fees are necessary to keep the payment channel network balanced. Nodes will use fees to prevent their channels from being depleted over time. These fees will be comparatively small and be denominated in the token that is transferred in the channel. Peripheral fees will be payable to services in the network that, for example, assist with finding a path with sufficient capacity or services that provide channel monitoring services for offline users. Users running these services themselves will not need to pay these fees but can earn them instead. The Raiden team expects that over 95% of all nodes on the network will be light-clients who are happy to pay tiny fees for the convenience of not having to run the full stack of services. It is expected that most dApps will use a light client, so Raiden transactions via those dApps will incur a fee that is payable in RDN tokens. As most users will not run a full node, they will need to pay RDN to participate in the Raiden network. Therefore, the more usage the Raiden network has, the more valuable RDN tokens should be. _______________________________________ Opportunities - Since it is a highly anticipated project, the Raiden Network will probably have large usage right off the bat. Very few ICOs can claim to do the same. - This project moves Ethereum forward in helping to solve the scaling issue. The use case of Ethereum can be greatly expanded with the introduction of Raiden. - Network effect is present. The more people use the Raiden Network, the more channels there are, and the more efficient the network will be. If the Raiden Network becomes very large, potentially the vast majority of the Ethereum transactions can be shifted off-chain, making Raiden Network very valuable. _______________________________________ Concerns - The project has been delayed by over half a year – we are not sure when it will actually be finished and rolled out. - Raiden Network is more useful in some cases than others. It is not intended to support large value transfers, for example. - If other similar scaling solutions are developed, users may prefer to use other solutions that don’t charge a fee. _______________________________________ Disclaimer The information in this video is for educational purposes only and is not investment advice. Please do your own research before making any investment decisions. Cryptocurrency investments are volatile and high risk in nature. Don't invest more than what you can afford to lose. Crush Crypto makes no representations, warranties, or assurances as to the accuracy, currency or completeness of the content contained in this video or any sites linked to or from this video.
Views: 9643 Crush Crypto
Today we are discussing how sidechains can be used to scale Ethereum and take a look at some examples such as Loom Network. Theoretically you can have infinite scaling. https://www.ccn.com/augur-platform-prepares-for-main-network-deployment/ https://news.bitcoin.com/ato-to-target-crypto-traders-using-international-data-agreements/ 🎓 BECOME BLOCKCHAIN BUSINESS LEADER http://business.ivanontech.com Good Morning Crypto! Thanks for watching guys 💝 JOIN VIP Facebook Group: https://www.facebook.com/groups/154642935214122/?source=create_flow 🎓 BECOME BLOCKCHAIN BUSINESS LEADER http://business.ivanontech.com 🎓 LEARN SMART CONTRACT PROGRAMMING http://coding.ivanontech.com 🎓 Join my online academy https://academy.ivanontech.com 👬 Join the crypto discussion forum - https://forum.toshitimes.com 📣 Join Telegram channel https://t.me/joinchat/AAAAAE2xJE4l8xhC8MU4cg 🎤 If you would like me to speak at your conference, book me here: https://ivanontech.com 👫👭👬Social: LinkedIn: http://linkedin.com/in/ivanliljeqvist/ Instagram: http://instagram.com/ivanontech/ Steemit: https://steemit.com/@ivanli Facebook: http://facebook.com/ivanontech/ Exclusive email list: http://eepurl.com/c0hyc9 💰 Secure your Crypto with Hardware Wallets: Ledger: https://www.ledgerwallet.com/r/4607 Trezor: https://trezor.io/?a=rvj3rqtje3ph DISCLAIMER: This is NOT financial advice. This is just my opinions. I am not responsible for any investment decisions that you choose to make. Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins. Ivan on Tech by Ivan Liljeqvist
Views: 14012 Ivan on Tech
6 Ethereum Gas, price, limit explained (demo)  - Ethereum from scratch
In this video I go through the entire concept of gas, and the link between gas and ether - and to show how transactions consume gas. I explain how each block has an upper limit on the total gas of all the transactions inside it.
Views: 12645 Matt Thomas
How To Send Ethereum Transactions
How To Send Ethereum Transactions http:///www.Blockgeeks.com You can send transactions between any two accounts on Ethereum. Typically, these transactions occur in the production environment called the Mainnet but there’s also a few test networks available for us to use. Test networks are useful when you want to use Ethereum without having to pay real money. Some of the popular test nets today are Ropsten, Rinkeby and Kovan. Properly functioning test environments are a critical part of the DAPP development process. Ropsten, which is the main public network and uses proof of work has become prone to spammy transactions and slowness. In response to this, two separate community efforts led to the creation of new test nets, Rinkeby and Kovan. These networks require authenticating using your GitHub account and the transactions are validated using proof of authority meaning there are a small set of validators. Let’s try to send a transaction over the Rinkeby test net. We’ll use a Chrome plugin called MetaMask to connect to the network and make transactions. I highly recommend getting MetaMask since it makes interacting with the Ethereum blockchain extremely easy. First, we’ll change the network to Rinkeby to make sure we’re using test ether and not real ether. Let’s create two test accounts and label them. To get test ether into these accounts, we need to use a tool called a Faucet which is just a website where you enter your address and it sends you some test ether. Let’s copy the address for one of our accounts. When we click the buy button, we get redirected to the Faucet. Since we’re connected to Rinkeby, we need to use our GitHub credentials to get the test ether. To do this, go to gist.github.com, create a new Gist with a single line that contains the address you just copied and publish it. You then copy the Gist URL and paste it into the Faucet. In a few short moments, we can see that we have updated the balance in our account. The reason the balance took a few seconds to update is because we need to wait for the transaction to get mined on the Rinkeby network. Now, let’s move this test ether between our accounts. First, let’s copy the address of our receiving account. Then, we click the send button, paste the address, as well as the amount and hit submit. Once we submit the transaction, we’re provided a transaction hash which we can use to reference this transaction. If we use an Ethereum blockchain explorer like Etherscan, we can get more details about this transaction. Since we made the transaction on the Rinkeby network, we have to use rinkeby.etherscan.io and we can see that the transaction is still waiting to be mined. Once it is successfully mined, we’ll see a block number assigned to the transaction. We can then verify the updated account balances using MetaMask. To learn more about Ethereum, check out our online guides and courses at blockgeeks.com. Thanks for watching and see you next time.
Views: 4351 Blockgeeks
Ep. # 318- ETH Explodes! / Coinbase To Stop Paying User Transaction Fees / The Flippening BTC-ETH
Thank You For Watching! 🌐►Follow me on Steemit: https://steemit.com/@crypt0/ Coinbase Won't Pay User Blockchain Transaction Fees Anymore: http://www.newsbtc.com/2017/03/15/coinbase-will-no-longer-pay-network-transaction-fees-chain-transfers/ ►Donate Ether and Ethereum-Based Tokens 0x3124Dcd240b330945896b0cdfa8dD20ed400704c ►Donate Bitcoin 17nFpuYFBxjtGbXgoMbyFGFHemkC5ayz6D ►Donate Monero 463EDu2cqU4ASxLVVKYkVMbk1Nz6TQyy9Wt8b3D5CdJjZh9JukZNGUyLvbJnXoJNRXTN98cSpLSRVN2bYoDTmsxkJSUKtmy ►Donate Dash Xn1sUfFDkZAwArJ6mtJUYVLndnmXctxA1L ►Donate Tao TaSRBaySFxoicXNkX6gEdamkP3KzsLbXAp Want to start building a cryptocurrency mining rig? Here's a good start: https://www.amazon.com/Mining-1200w-Biostar-Risers-Ethereum/dp/B01ND0A2L9/ref=sr_1_fkmr0_4?ie=UTF8&qid=1486465810&sr=8-4-fkmr0&keywords=zcash+rig ___RECOMMENDED READING ►The Singularity Is Near: When Humans Transcend Biology https://www.amazon.com/Singularity-Near-Humans-Transcend-Biology/dp/0143037889/ref=as_sl_pc_qf_sp_asin_til?tag=obham001-20&linkCode=w00&linkId=0b1721e694347bab519455cddc0e15d3&creativeASIN=0143037889 ►Physics of the Future: How Science Will Shape Human Destiny and Our Daily Lives by the Year 2100 https://www.amazon.com/Physics-Future-Science-Shape-Destiny/dp/0307473333/ref=as_sl_pc_qf_sp_asin_til?tag=obham001-20&linkCode=w00&linkId=8af69a9df29aeb4ae2a663acadcf34e7&creativeASIN=0307473333 ►The Creature From Jekyll Island https://www.amazon.com/gp/product/091298645X/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=091298645X&linkCode=as2&tag=obham001-20&linkId=ee46ae4d76aba65c3186fe0236ad8966 __A MUST HAVE__ ►Ledger Nano S (Bitcoin+Ethereum+More Hardware Wallet) https://www.amazon.com/gp/product/B01J66NF46/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=B01J66NF46&linkCode=as2&tag=obham001-20&linkId=d694fa05a37750a8e570818f82a0c3ff Need your own website? Make one by clicking here: https://www.bluehost.com/track/obham001/promotion ►Crypt0's News Official Site: http://crypt0snews.com ►Crypt0's PC Gaming Channel: https://www.youtube.com/channel/UCwU0FQ64SN1AjLI5hik-MZQ -~-~~-~~~-~~-~- Please watch: "Visa Hiring Ethereum Devs / ICN Public Launch / SNGLS Release / Gox Coins Found / Steemit Soaring" https://www.youtube.com/watch?v=lkzKqn5iErU -~-~~-~~~-~~-~-
Views: 18696 Crypt0
The other day, I noticed something strange happening on the Ethereum network. It all started when I was using Etherscan to explore some historical transaction data. I saw something interesting when I compared different data that sent me down the rabbit hole to do some more research. By now many of you know about the rise and fall of daily ETH transactions, at one point hitting 1.3 million transactions per day in January of this year and now back down to about 650,000 - which is a 50% decline. But then I saw another chart and found that the Gas being used each day on the Ethereum network didn’t correlate to the number of transactions. Gas usage per day was down 10% from record highs in January, while transactions per day were down 50%. Now let’s dive into what this all means. But first, for those who don’t know, Gas is required to run any transaction on Ethereum, think of it as the fuel you put in your car to drive around. No fuel, no driving. No gas, no Ethereum transactions. And for a simple monetary transaction, for example me sending you 1 ETH you need only 21000 gas. More complex ones which call specific smart contract functions (like when you’re using a dApp such as Cryptokitties) might run into hundreds of thousands or even millions of gas per transaction. So I pulled those two charts and divided the Gas used per day by the number of transactions per day to find that there was something going on here. Ethereum transactions have been going way up in Gas per tx since January from a low of about 35,000 gas/tx to around 60,000 Gas/tx. Then I looked back to the entire history of Ethereum and found that gas/tx saw a significant increase in 2017, and up until the big price jumps at the end of 2017, Gas/tx remained pretty stable at about 50,000 gas/tx. So here’s what I think. Because 2017 was the year of the ICO, we saw new tokens being issued every day on Ethereum as ERC-20 tokens, driving the Gas/tx up into that 50,000 range throughout the year. Then when Ethereum shot up over $1000 in late 2017, the traders started to flood in, performing lots of simple buying and selling which drove the gas/tx down much closer to the baseline 21,000 gas/tx for a simple transaction. And now that prices are back down, the people building and using dApps and smart contracts are once again dominating the network bringing gas/tx up to about 60,000. This is great news. The success of Ethereum depends on people doing things that aren’t just simple person-to-person payments. We already have Bitcoin and all the other payment coins for that. If Ethereum is going to become this global computing platform, we need people to start computing things. And now we’re seeing some differentiation for Ethereum. Cryptokitties took over the network in December and now dApp browsers like Toshi by Coinbase are starting to pop up. I think Toshi will be the first dApp browser to popularize the idea of actually using decentralized apps for more than breeding digital cats. Either way, this rise in gas/tx is a major bullish signal to me, and I expect to see people using Ethereum for more and more complex transactions in 2018, and hopefully we start to see more actual use cases develop that differentiate platforms like Ethereum from payment coins like Bitcoin. Let me know what you guys think of these numbers in the comments down below. And as always, give this video a thumbs up and hit that subscribe button.
Views: 574 CRYPTO
Tomochain Project Review - Ethereum Sidechain solution for Instant Confirmations and Near Zero Fees!
Tomochain Project Review. A scaling blockchain for Ethereum that utilizes a sidechain for Instant Confirmations and Near Zero Fees! Please like & subscribe to my Social Networks :) YouTube Channel: Click subscribe above! Twitter: https://twitter.com/NYCryptoTalk Steem: https://steemit.com/@nycryptotalk 💲 Buy Bitcoin (Free $10 with $100 or more initial purchase) 💲 https://www.coinbase.com/join/542d451... 💱 My favorite Exchanges - Kucoin & Binance 💱 https://www.kucoin.com/#/?r=1Kuf4 https://www.binance.com/?ref=11679736 https://accounts.qryptos.com/sign-up?... 🏦 My favorite Crypto Wallet - The secure Ledger Nano S 🏦 https://goo.gl/dZL5Ui ☁️Best Browser that prevents ads and helps pays content creators ☁️ http://brave.com/nyc795 ☁️ Crypto Taxes ☁️ Get Started here: https://bitcoin.tax/r/qGKCxwoH ☁️ Get a FREE stock from Robinhood! ☁️ Get Started here: https://share.robinhood.com/matthes4552 Disclaimer: I AM NOT A FINANCIAL ADVISER. MY VIEWS ARE GENERAL IN NATURE AND SHOULD NOT BE TAKEN AS FINANCIAL ADVICE. ALWAYS DO YOUR OWN RESEARCH BEFORE INVESTING ANY MONEY.
Views: 502 NYCryptoTalk
Watch How To Buy/Sell Bitcoin, Ethereum, And Litecoin Without Any Fees Or Commission - Bitcoin
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Co-Founder Says Ethereum Price 📈 Could Triple In 2018
Subscribe to my DTube channel at: https://d.tube/#!/c/marketingmonk Click on a video and then click 'subscribe'. In today's video: 1. Yesterday’s price crash could have been triggered by a misunderstanding over price data 2. Ethereum co-creator Steven Nervayoff weighs in on how 2018 could be Ethereum’s big year despite China getting sour on miners Today’s episode is brought you to by the DADA Success Academy that I have partnered with to run 2 live cryptocurrency events in London this February. Check out those events if you want to meet me in person by clicking the link below: https://dadasuccessacademy.com/realtalk-evening/ **Story - Market Crash Triggered By A Misunderstanding?** https://www.coinigy.com/main/markets/BITF/BTC/USD Let’s first revisit the technical analysis we did each day last week. Last week we were doing really well, and the last time we spoke about this Bitcoin had broken above $16,500 and the price was testing it for support. Then on Sunday the 7th, support failed and then yesterday we broke the low of Sunday to end up with this bearish engulfing pattern that went down to a low of $13,760. As you know my current short term position started at $12,500 but if it hadn’t this crash would have been a buying of the dip for me. By the end of the day yesterday we came back above the 38% fib level which is at 14,375. This may well just have been normal market movements and a failing of support but there’s a possibility the market got spooked. If we head back to coinmarket cap and click on the price of Bitcoin, this is how coinmarketcap determines the price to display. My understanding is that they take an average of all these price feeds, from all these difference exchanges and that’s what they show on the home page. But notice that sometimes they display this asterisk next to the price. If you scroll right down to the bottom of the page you’ll see this means they are excluding that price from their calculation. It’s no surprise to me that the price they have chosen to exclude is Bitcoin against the Korean Won because as you can see here, it’s several thousand dollars higher than everywhere else. If they included this in the average it would artificially pull the average up. Apparently yesterday they decided to suddenly begin excluding this price from the calculation which made it look like the average price had suddenly dropped, which at that time it hadn’t. That may have triggered some selling which then fed on itself to cause a price crash. This is to be expected in a market that has a high population of amateaur investors. With so many people relying on coinmarketcap for price data means that if there’s a discrepancy it has far reaching consequences. https://www.coinigy.com/main/markets/BITF/BTC/USD This is why I much prefer to use Coinigy and get price feeds directly from the largest exchanges like Bitfinex. You can sign up for a free 30 day trial of Coinigy at the link in the video description. It is a referral link so if you decide to upgrade to a paid account, I’ll be paid some commission for that. https://www.coinigy.com/?r=16171fe8 **Story - 2018 Could Be The Year Of Ethereum** https://coinjournal.net/ethereum-pioneer-early-contributor-says-eth-triple-2018/ I was originally going to criticise this headline because they don’t provide evidence that Steven actually said the price would triple, however… https://www.youtube.com/watch?v=lTcB64bnnn0 After watching just 40 seconds of this recording of the CNBC clip, yes he does say “we could see a tripling of the price before the end of the year”. And this guy was on the founding team of Ethereum which is no doubt why CBNC had him on their Fast Money show. So why would Ethereum potentially triple this year? Well Steven says this in the context of what he sees as an exponential increase in the number of projects being built on Ethereum. The way I think about it is that demand for the Ethereum token primarily comes from applications that want to run on the Ethereum network. In order to use the Ethereum networks resources you have to pay a fee in Ether. The more transactions, the more Ether people will have to buy to pay those fees. So the more apps that are built on Ethereum, the more everyone will need to buy and hold some Ether to run their programs. That is the fundamental value of the Ethereum token. Yes there’s speculation on top of that to reach the current price, however the floor on how far the ethereum price can fall gets higher and higher every time a sustainable app is launched. So that’s my long form interpretation of what Steven is saying. And we know that there are dozens if not hundreds of apps that are going to launch on Ethereum because most of them have done their ICO in 2017 and are now busy building their apps and moving towards a full release. If just a fraction of the apps that did an ICO last year become large scale apps, that means a significant spike in demand for Ether to run those apps.
Views: 21211 The Cryptoverse
Ethereum & Blockchain DApps needs more users
In today's crypto weekly video, we take a look at the Bitcoin and cryptocurrency market fundamentals, before diving into some data around Bitcoin and Ethereum Network performance. We take a look at Bitcoins transaction volume, and then we look at DApp radar, which provides a unique window into how much traffic is being experienced on the top decentralised applications built on Ethereum. Following that, we take a look at the latest cryptocurrency news. ✅ My top rated Cryptocurrency Investment Fundamentals course http://cryptocurrencyaus.com/Fundamentals-course ✌🏼 Social Media Twitter https://twitter.com/Cryptos_Aus Instagram https://instagram.com/cryptocurrency_australia Reddit https://www.reddit.com/r/Crypto_Australia/ 🐨 Cryptocurrency Australia Official Site https://cryptocurrencyaus.com/ 💰 The main exchange I use in Australia to buy Cryptocurrencies http://cryptocurrencyaus.com/CoinSpot 💎 I use the Binance exchange for certain altcoins http://cryptocurrencyaus.com/Binance 📈 I use Independent Reserve to sell Bitcoin & Ethereum http://cryptocurrencyaus.com/independent-reserve 🔐 My hardware wallet is a Nano Ledger S http://cryptocurrencyaus.com/ledger 🔑 I also use the Trezor Hardware Wallet http://cryptocurrencyaus.com/Trezor 📩 For business enquiries, please contact us at https://cryptocurrencyaus.com/contact/ 📜 Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Cryptocurrency Australia Media, Crypto Accounts, or the author, may have holdings in the cryptocurrencies discussed. Liability limited by a Scheme Approved Under Professional Standards Legislation.Referrals and affiliate links do earn us commissions but they are products or services we personally use and would not endorse if we did not believe in them :) #Cryptocurrency #ethereum #blockchain
Bitcoin and Crypto NEWS ☕ Is The Ethereum Network About To Slow Down ? (Live @ 9:30am EST)
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Views: 66 Bitcoin and Coffee
CRYPTO TIP: How To Send Bitcoin For Free (No Network Transaction Fee)
FREE cryptocurrency training guide: http://www.stacksilvergetgoldbuybitcoin.com This quick video will show you how to send bitcoin for free without paying any network transaction fees. Set up your COINBASE account and get $10 of free Bitcoin (BTC) using this special link: http://www.stacksilvergetgold.com/coinbase After you create your coinbase account, log in to it and open a new tab in your browser. Then create a free account at http://www.gdax.com Follow the steps in the video to send bitcoin for free to any wallet you want. If you would like an in depth, step by step video training course on how to safely buy, sell secure and secretly store gold, silver and cryptocurrencies like bitcoin and ethereum check out the Stack Silver Get Gold Buy Bitcoin online training program at: https://www.stacksilvergetgoldbuybitcoin.com/store/BSUwQSpV
Ethereum Tutorial - Ethereum Explained | What is Ethereum? | Ethereum Explained Simply | Simplilearn
This Ethereum tutorial video will help you understand what is Ethereum, Ethereum features which includes cryptocurrency, smart contracts, Ethereum virtual machine, decentralized application, decentralized autonomous organization, applications of Ethereum and at the end you will see a demo on smart contract. Ethereum is a blockchain based distributed computing platform that enables developers to build and deploy their decentralized applications. Ether(ETH) is a cryptocurrency that runs on Ethereum network. It is used to pay for the computational resources and transaction fees on the Ethereum network. Ether can be utilized for building decentralized applications, smart contracts and making standard peer to peer payments. Now, lets deep dive into this video and understand what is Ethereum and how does it work. Below topics are explained in this Ethereum tutorial: 1. What is Ethereum? ( 00:33 ) 2. Ethereum features ( 01:03 ) - Cryptocurrency ( 01:35 ) - Smart contract ( 02:31 ) - Ethereum virtual machine ( 06:56 ) - Decentralized application ( 15:05 ) - Decentralized autonomous organization ( 17:15 ) 3. Applications of Ethereum ( 18:42 ) 4. Demo - Smart contract ( 05:54 ) Resources for the demo are provided below: 1. Install Ganache-CLI - https://github.com/trufflesuite/ganache/releases 2. Install Node - https://nodejs.org/en/download/ 3. Greeter File - https://github.com/simplilearn-github/greeter/blob/master/contracts/greeter.txt 4. Truffle Framework - https://truffleframework.com/docs/advanced/configuration To learn more about Blockchain, subscribe to our YouTube channel: https://www.youtube.com/user/Simplilearn?sub_confirmation=1 You can also go through the slides here: https://goo.gl/SeipLT Watch more videos on Blockchain: https://www.youtube.com/playlist?list=PLEiEAq2VkUUKmhU6SO2P73pTdMZnHOsDB #Whatisblockchain #Blockchain #Blockchaintutorial #Bitcoin #Blockchainonlinetraining #Blockchainforbeginners #BlockchainTechnology #Simplilearn Simplilearn’s Blockchain Certification Training has been designed for developers who want to decipher the global craze surrounding Blockchain, Bitcoin and cryptocurrencies. You’ll learn the core structure and technical mechanisms of Bitcoin, Ethereum, Hyperledger and Multichain Blockchain platforms, use the latest tools to build Blockchain applications, set up your own private Blockchain, deploy smart contracts on Ethereum and gain practical experience with real-world projects. Why learn Blockchain? Blockchain technology is the brainchild of Satoshi Nakamoto, which enables digital information to be distributed. A network of computing nodes makes up the Blockchain. Durability, robustness, success rate, transparency, incorruptibility are some of the enticing characteristics of Blockchain. By design, Blockchain is a decentralized technology which is used by a global network of the computer to manage Bitcoin transactions easily. Many new business applications will result in the usage of Blockchain such as Crowdfunding, smart contracts, supply chain auditing, Internet of Things(IoT), etc. This Blockchain Certification course offers a hands-on training covering relevant topics in cryptocurrency and the wider Blockchain space. From a technological standpoint, you will develop a strong grasp of core Blockchain platforms, understand what Bitcoin is and how it works, learn key vocabulary and concepts commonly used when discussing Blockchain and understand why engineers are motivated to create an app with Ethereum. Hands-on exercises and projects will give you practical experience in real-world Blockchain development scenarios. After completing this course, you will be able to: 1. Apply Bitcoin and Blockchain concepts in business situations 2. Build compelling Blockchain applications using the Ethereum Blockchain 3. Design, test and deploy secure Smart Contracts 4. Use the latest version of Ethereum development tools (Web3 v1.0) 5. Develop Hyperledger Blockchain applications using Composer Framework The Blockchain Certification Training Course is recommended for: 1. Developers 2. Technologists interested in learning Ethereum, Hyperledger and Blockchain 3. Technology architects wanting to expand their skills to Blockchain technology 4. Professionals curious to learn how Blockchain technology can change the way we do business Learn more at: https://www.simplilearn.com/blockchain-certification-training?utm_campaign=Ethereum-Tutorial-EYAwz0Jp1Og&utm_medium=Tutorials&utm_source=youtube For more updates on courses and tips follow us on: - Facebook: https://www.facebook.com/Simplilearn - Twitter: https://twitter.com/simplilearn - LinkedIn: https://www.linkedin.com/company/simplilearn - Website: https://www.simplilearn.com Get the Android app: http://bit.ly/1WlVo4u Get the iOS app: http://apple.co/1HIO5J0
Views: 1372 Simplilearn
Should You Invest in Ethereum
Should You Invest in Ethereum You'll receive $10 in free bitcoin by signing up with this link http://bit.ly/2oesV41 Bitcoin & Etherum Storage Wallet: http://bit.ly/2o7BmgW Exchange cryptocurrency at the best rate: http://bit.ly/2yOUg1U Book Recommendations: http://amzn.to/2pv7kF4 Get One-to-One Consulting https://clarity.fm/ameerrosic Blockchain Training: http://bit.ly/2nGhdn0 My name is Ameer Rosic, and I'm a serial entrepreneur, investor, marketing Strategist and Blockchain Evangelist What is Ethereum? As one can tell, Ethereum is a cryptocurrency that is based on blockchain technology. Like Bitcoin, it is a cryptographically signed record of a transaction and store of value. Ethereum was first launched in mid-2015. This means it is still a relatively new technology but it is indeed taking the world by storm. Like Bitcoin, Ethereum is also built on a public blockchain. Think of the blockchain as a public ledger of all the transactions that are taking place. The central idea behind the Ethereum protocol is that of “smart contracts”. It is also a piece of blockchain technology that enables developers to build and deploy decentralized applications. On the Ethereum network, miners work to earn “Ether”. This is also used by application developers to pay for transaction fees on the entire network. Blog http://www.Ameerrosic.com Blockgeeks: http://www.blockgeeks.com Facebook http://www.Facebook.com/ameerrosic Twitter http://www.Twitter.com/ameerrosic InstaGram http://www.Instagram.com/ameerrosic
Views: 160438 Ameer Rosic
The History of Ethereum
The History of Ethereum - https://www.blockgeeks.com After Satoshi released Bitcoin to the world in 2008, a community of blockchain developers and researchers started to take shape around it. Many developers contributed to the open-source development of Bitcoin. Several magazines and online blogs also started to appear, writing about interesting projects and new ideas in the space. One of the members of this community was a Canadian teenager named Vitalik Buterin who worked as a writer for a publication called Bitcoin Magazine. As he was watching the ecosystem take shape, he noticed a common problem among projects: that many of them needed to start their own blockchain. This got Vitalik wondering: wouldn’t it be nice to have one single blockchain that everyone could build their applications on, just like we have one single internet that everyone can build their websites on. Instead of figuring out how to start a blockchain, developers would then be able to focus on building their own applications. So in late 2013, Vitalik published the Ethereum whitepaper which built on many concepts from Bitcoin. The whitepaper is available today on the Ethereum Github page. In the paper, he outlined the limitations of the Bitcoin blockchain and proposed a new general-purpose blockchain that could be used as a decentralized application platform. Ethereum would be able to do everything Bitcoin could, like sending transactions between accounts, and a whole lot more. The main issue with Bitcoin was the lack of a general-purpose programming language that would allow you to create any sort of application on top of its blockchain. Bitcoin scripts are not Turing-complete, meaning you cant write simple structures like loops, and they are also limited in capability because they cant store state. These scripts are also referred to as simple versions of smart contracts. The Ethereum whitepaper described its own native currency called ether and a new runtime environment for smart contracts, called the Ethereum Virtual Machine, or EVM. A subsequent yellowpaper was released in mid-2014 by collaborator Gavin Wood that would define the technical specification of the EVM and how it would work. The yellowpaper was used to create several open-source implementations in different languages, the most popular one being the Go language client, also known as geth. The second most popular implementation was written in the Rust language and is called the Parity client. Anyone running a client is a node in the Ethereum network, which currently has over 25 thousand nodes around the world. Smart contracts are just application logic that can be expressed using the operations defined in the EVM, and they can also store data on the blockchain. EVM opcodes are low-level machine language which isn’t very human-readable, so developers write smart contracts in high-level languages that compile down to EVM opcodes. Several high-level languages exist like Serpent and Viper, but the most popular one today is called Solidity and it has a syntax similar to Javascript. Smart contracts can contain some data as well as code that manipulates that data. You can think of a smart contract like a class that has fields and methods. Anyone can use Solidity to write a smart contract and deploy it to the Ethereum blockchain using a simple transaction. You would do this by compiling your Solidity smart contract down to EVM bytecode, and then sending the bytecode as part of a transaction to the Ethereum network. Once the transaction gets mined, the smart contract is deployed to the blockchain and given a public address. Anyone can then interact with the smart contract by sending transactions to its address and specifying which method they want to invoke. The result of the method call is written to the blockchain after the transaction is mined. There is also a cost associated with invoking a smart contract method called gas. Gas is just a unit of measurement that determines how much computation an EVM opcode requires. The price of one unit of gas is set in ether, and is known as the gas price. The gas price is used to calculate the total transaction fee for invoking a method call based on how much gas it requires, and it must be paid by the sender of the transaction. An interesting thing to note is that any transaction that invokes a smart contract method gets executed on every single Ethereum node. This means that in order to mine a transaction into a block, you have to invoke any smart contract methods for it as well. In this sense, Ethereum can be thought of as a decentralized world computer where you pay for computation using ether. To read more, be sure to visit us at www.blockgeeks.com
Views: 868 Blockgeeks
Сможет ли Ethereum достичь 10000$ | Ethereum 2018
Сможет ли Ethereum достичь 10000$ в 2018 году? Какие проблемы на данный момент есть у платформы Ethereum и сможет ли Ethereum справится с огромной конкуренцией на рынке? Криптовалюта Ethereum используется на одноименной платформе как топливо для проведения транзакций, размещения смарт-контрактов и других операций. На данный момент Ethereum является самой популярной платформой для создания децентрализованных приложений и размещения смарт-контрактов. Однако рынок растет, и конкурентов становится все больше и больше. Например, платформа EOS недавно запустила свою сеть и как заверяют разработчики, скорость транзакций в сети EOS будет достигать 1000000 в секунду. У платформы Ethereum есть три основные проблемы, которые отметил сам создатель - Виталик Бутерин: - Масштабируемость сети Ethereum очень мала. Сеть Ethereum способна обрабатывать 20-30 транзакций в секунду. Решением этой проблемы станет введение технологий Plasma и Sharding. - Проблем алгоритма Proof of Work. Из-за использования алгоритма Proof of Work сеть Ethereum тратит колоссальное количество энергии, а также подвержена атаке 51%. В 2018 году, Виталик Бутерин планирует перенести сеть Ethereum на алгоритм Proof of Stake. - Низкая защита данных. Отследить транзакцию в блокчейне ethereum ☑️Наш канал в Telegram: https://t-do.ru/crypt0inside ☑️Самый безопасный кошелек Trezor - https://goo.gl/RNZt2X ☑️Наш Twitter: https://twitter.com/Crypt0_Inside ⏪Купить Ethereum можно на биржах ⏩ ★Биржа Binance - Лучшая биржа с самой низкой комиссией за внутренние переводы. На бирже очень легко получить верификацию и начать торговать. https://goo.gl/aqDesF ★Биржа Bittrex - Довольно удобная и надежная биржа с огромным количеством валютных пар. Однако комиссия за внутренние обмены и переводы довольно велика. https://goo.gl/uMppfQ ★Поддержать проект: BTC - 18UHcCUkqrj79iLkhsrSPqaKWvSpPBvGCm ETH - 0x70a7034efC9ca7Dc80F34cF1cd4dBC1Aed6c49C0 LTC - LTG9PbDzgo8f1ffpteyhuqpDP3GogWUfjK DASH - XsbuaakPYqp6v8fhxUM83vKbUXoTQsjxZ7 BCH - 1AnKfdu9M7vKT97bskkfubAyEH2hsqy9L3
Views: 2333 CryptoInside
Chinese Exchange FCoin Accused of Crippling Ethereum Network for Cheap Publicity
Chinese Exchange FCoin Accused of Crippling Ethereum Network for Cheap Publicity A little-known Chinese crypto exchange is allegedly responsible for the unusually high Ethereum network congestion and gas fees recorded over the past few days. FCoin, founded by Zhang Jian, formerly of Huobi, is accused of deliberately encouraging a rash of Sybil attacks so as to temporarily crippl... ► SUBSCRIBE FOR MORE VIDEOS: https://goo.gl/NYaHq2 ► Bitcoin News -Alt Coin news - coin telegraph - coindesk - coin market cap https://goo.gl/45UVFu ★★★ Thanks for watching! Please leave a like if you enjoyed and tell me what you think in the comments! Thanks ★★★
Views: 20 CoinKorea
How to change gas price and limit on MyEtherWallet.com | Ethereum transaction
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Views: 3395 Sagar S
Lightning Network Reduces BTC Fees!
https://lnmainnet.gaben.win/ https://bitinfocharts.com/comparison/bitcoin-transactionfees.html#6m
Views: 114 Ethereum Update