Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2013 as a way to expand the functionality of blockchain technology.
Ethereum’s native cryptocurrency, Ether (ETH), is used to pay for transaction fees and computational services on the network. Ethereum’s smart contract functionality allows developers to create self-executing contracts that can automate complex transactions and operations, such as the transfer of assets, voting systems, and more. Ethereum’s flexibility and community support have made it a popular choice for building decentralized applications and other blockchain-based projects.
TL;DR Vitalik Buterin and Josh Stark detailed Ethereum Foundation’s 2023 spending, providing a meticulous breakdown of expenses in each sector. Research and development in Layer-1 (L1)
TL;DR Bitcoin’s open interest has dropped by 7.5% due to market uncertainties, with BTC trading around $62,300 after a 2.50% decline in the last 24 hours. Altcoins
TL;DR Vitalik Buterin defends Polymarket: Ethereum co-founder Vitalik Buterin supports Polymarket, emphasizing its role as a “social epistemic tool” that provides public insights into significant events,
TL;DR Improved Consensus Mechanism: The “Pectra” update introduces a new consensus mechanism to reduce confirmation times and transaction costs, increasing speed without compromising security. Advances in
TL;DR Market expectations of a potential rate cut by the Federal Reserve have driven up the prices of several cryptocurrencies. The price of Bitcoin (BTC) rose
TL;DR U.S. Bitcoin ETFs reported net inflows of $64.91 million on August 22, extending their positive streak to six days. BlackRock’s ETF, IBIT, led with $75.49
TL;DR Steno Research predicts a resurgence in decentralized finance (DeFi) in 2024, potentially reaching all-time highs. Key drivers include anticipated lower interest rates, the rise of
TL;DR Sony Group and Startale Labs have launched Soneium, an Ethereum Layer-2 blockchain, to accelerate Web3 adoption and create a decentralized internet. Soneium leverages Ethereum’s security and decentralization
TL;DR Bitcoin and Ethereum Options Expiry: Bitcoin and Ethereum face a combined options expiry worth $1.5 billion on August 23, 2024, with Bitcoin’s max pain point
TL;DR Ethereum ETFs Face Record Outflows: Spot Ethereum ETFs in the U.S. saw their longest outflow streak since inception, with $92.2 million withdrawn from August 15
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