Blink and you might just miss it. Bitcoin and other cryptocurrencies have surged in value during the coronavirus outbreak.
Ethereum (ETH) is second only to bitcoin in terms of its network value.
Naturally, this has led to a lot of interest and cheerleading from investors, speculators and traders alike.
But this is not just another crypto caught up in the latest hype. And it’s not just a bitcoin clone.
In fact, it’s completely different. And it’s probably the most ambitious and exciting crypto project out there at the moment.
So, what is Ethereum?
Ethereum is a platform that’s built specifically for creating smart contracts.
A smart contract is code that executes code exactly as it has been set up by its creator. By combining this with blockchain technology it potentially automates a whole series of actions that previously required humans to check and verify first.
This could revolutionise all types of industries, from supply chain management to healthcare.
And beyond that it could even facilitate new types of business structures such as Decentralised Autonomous Organisations (DAO’s).
These are organisations with no top down management. But a series of community driven decisions that set rules on how the benefits are shared.
The possibilities are endless.
Advancements in technology no longer make our lives better. Instead, they waste our time and money. Just look at the tidal wave of distractions around us.
It’s hard to believe that it’s only been 10 years since bitcoin was introduced. But what’s happening in 2020 may be the most significant leap forward.
In December, we saw the value of cryptocurrencies take a nosedive. It’s all related to an incredible heist involving a Chinese company known as PlusToken.
Bitcoin is the undisputed king of the cryptocurrency world. But did you know that there’s a new contender for the crown? Here’s how you could benefit.
What if sending and receiving cryptocurrency payments could be as easy as using a credit card? That’s what BitPay offers.
If bitcoin is considered gold in the crypto world, this competitor might be considered silver. Here’s why you should pay attention…
We’re in the longest bull market in US history. Volatility is the new normal. You just have to get used to it.
Your stock holdings collapse. The currency tanks. Your gold is unreachable in vaults. What happens next?
On 14 January 2019, an unknown person or group of people successfully hacked the digital vault of a Christchurch-based cryptocurrency exchange, Cryptopia.
Bitcoin is the most famous cryptocurrency on the planet. So why are banks and governments so eager to kill it off? What’s the catch here?
Christine Lagarde, head of the IMF, has just issued an ominous challenge to cryptos: banks might soon start issuing their own digital currencies.
If cryptocurrencies are dead in the water, why haven’t they gone to zero?Why did the freefall stop around March? Maybe Ethereum’s founder, Vitalik Buterin, has the right idea…