Open main menu

TheCryptoWiki β

Ethereum

Ethereum’s meteoric rise came about due to the hype over Smart Contracts. It recently had a very large amount of ICOs on its platform and a lot of interest from the developer community. It is a Turing Complete language meaning that pretty much any kind of program can be written on it. It aims to be a platform on top of which Dapps and Smart Contracts can be written. It uses its own programming language, Solidity.

Ethereum
Ethereum logo 2014.svg
Ethereum logo
Information
Purpose Smart contracts, Dapps, ICO platform
Tech Currently PoW. Planned PoS
Supply 38,739,144,847 XRP (as of 29 December 2017)
Price $91.3462362301 USD (5 minutes update)
Whitepaper Ethereum: Homestead documentation

Contents

Pros

  • Turing Complete allows a very broad range of Dapps to be programmed on the platform
  • Largest following amongst blockchain developers
  • Arguably the best developer tools
  • Large corporate support through the Ethereum Enterprise Alliance (EEA)
  • Concise programming language suitable for blockchain

Cons

  • A repeat of the DAO hack on other software developed on the platform due to the room for error and unfamiliar programming language
  • Slower uptake due to unfamiliar programming language
  • Superior tech may overtake it
  • Uncertainty surrounding PoS shift

History

Developers

Technology

Partnerships

Upcoming events

Scandals

External links

  1. Siluk, Shirley (2 June 2013). "June 2 "M Day" promotes millibitcoin as unit of choice". CoinDesk. Archived from the original on 7 August 2017. Retrieved 25 May 2017.