Disclaimer: EOS is currently under development, and some of what we do know about the project is probably subject to change. Furthermore, I am not an Ethereum developer, just someone who uses Google reasonably well. With those facts in mind, consider the following post to be thoughtful speculation, based on my current understanding of both projects.
Not long after the launch of Bitcoin, savvy individuals began to recognize that the technology behind Bitcoin has vastly greater potential than simply as the basis for a new electronic currency. In fact, within just a few years of Bitcoin's development, dozens of new decentralized applications have been built upon the same type of public ledger blockchain technology behind Bitcoin. Just a few of these decentralized applications include encrypted messaging (Bitmessage), decentralized e
As you know I've been a member here since May 2016! I wanted to make this short post as part of motivation to newcomers and also part of showing how being consistent paid off at the end.
I've been here grinding for over a year now, started out with nothing but a lot of time on my hands. I was lucky to stumble on the site before the big pump of last year up to $4/Steem and stayed around during the whole decline in price. While many were leaving and giving up on the platform because of it, I myself knew that it was only a matter of time until the price would pick up again.
I had seen this happen before in so many other cryptocurrency communities.
The volatility and constant decline in price are a big factor for people losing interest, but its not the biggest one. As many of you nowadays are aware of fake-news and propaganda, this didn't exclude crypto communities, I'd say it was even worse here because of the anonymous nature of payments. I saw it happening with Ethereum, the worst was after a
We will establish a process to credit customer accounts which experienced a margin call or stop loss order executed on the GDAX ETH-USD order book as a direct result of the rapid price movement at 12.30pm PT on June 21, 2017. This process will allow affected customers to restore the value of their ETH-USD account to the equivalent value of their ETH-USD account at the moment prior to the rapid price movement.
For customers who had buy orders filled — we are honoring all executed orders and no trades will be reversed.
For affected customers who had margin calls or stop loss orders executed — we
Congestion has subsided on Ethereum network, so we've re-enabled purchasing of ETH with other cryptocurrencies, including, of course, Steem and Steem-backed Dollars.
We've also re-processed all existing transactions where users purchased ETH but the ETH didn't arrive because the transactions failed to get incorporated into the Ethereum blockchain due to the congestion. If you were expecting ETH from us but had not yet received it, please check your Ethereum wallet and verify it has arrived.
Edit: for new users, our web site is: https://blocktrades.us
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I've been a believer of Eth for as long as I can remember. I'm not saying this cause I want you all to buy it up now for my own gain, there is plenty of proof on the internet of me believing it would at one point pass Bitcoins marketcap. That was not cause I hate Bitcoin, it is after all the currency that started everything with one of the biggest innovations, but its mainly cause I hate their development and the way they keep censoring people who are legitimately concerned about its future.
With that being said, Eth is not my favorite blockchain, I wouldn't be spending most of my time here on this platform if it was. The flippening has sure been interesting to follow, though. I'm glad a few of my friends have trusted my judgement and advice not to hold all their crypto assets in Bitcoin only over the past couple years. Wish others were open-minded about alternative currencies as well, thus I thought I'd start this news series where I bring up various news on differ
I published this video last week and it takes a look at the Ethereum platform. But I'm not taking the approach of an crypto-investor or just a financial markets guy, but rather from a sociological and spiritual perspective.
I think decentralized blockchain technology driven digital currency is going to be the long planned One World Economy, but it didn't happen the way we all thought it would. Nevertheless, the Rothschild banking elite seems to have planned this for decades (look at the 1988 cover on the magazine owned by the Rothschilds, The Economist...mentioned in the video).
So while I think in the short term, cryptocurrencies are going to fight, and eventually replace the fake fiat financial fraud that has enslaved humanity, ultimately, the tech is leading to something that was written down thousands of years ago a.k.a. the MARK OF THE BEAST.
And if you think this sort of thing is ridiculous, consider the fact that earlier this week, Microsoft announced a partnership with Accenture in a progr
Watch out for these expert's opinions to drive you out of bitcoin, they are the one's buying your bitcoins now and giving you altcoins. Well these experts did not see the ETH crash on Coinbase this week, that video was made earlier but they deliberately avoid talking about the fact that Bitcoin will have a fix for the scaling issues sooner or later. Maybe they will tell you once they have all your bitcoins in their wallets.
They quickly point out Bitcoin's rise percentage wise but they also ignore to point out the percentage rise of ETH! why is that?
Bitcoin is more volatile than ETH? give me a break.
The attacks on Bitcoin will increase in severity and there is a good reason for that, yes bitcoin has issues with fees and speed and and .... but none of these issues is unsolvable .... the reason it is not solved till now is simple, there are many solutions propose
I heard many people asking about how to use MEW for the EOS crowd sale, so I decided to try my best and create a (hopefully comprehensive) guide on how to do it. Be advised that I take no responsibility and recommend using MetaMask if you are not sure what you are doing!
To participate in the EOS Token distribution you will need to send ETH to the Ethereum smart contract address set forth below during a period of your choice. The EOS Tokens will be reserved for you to claim when the period is completed. The minimum contribution amount i
Earlier today I attempted to create a multisig account on the Ethereum blockchain only to discover that $85 dollars of ETH would be an insufficient fee. Shocked that fees could be so high I investigated only to discover that the STATUS ICO flooded the Ethereum blockchain with an unprecedented number of transactions.
Scanning the forums on reddit, user emanslpater made the claim that it doesn’t matter how good the network is, it will suffer from denial of service with these ICOs.
The problem with theserace conditionICOs is that it doesn't matter how good the network is--that just becomes the new race condition. Say the network can handle double the transactions--then people just cram all of their transaction attempts into half the time. Even if the network could ha