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What is Ethereum?

Ethereum is the second-largest cryptocurrency platform by market capitalization, behind Bitcoin. It is a decentralized open source blockchain featuring smart contract functionality. Ether is the cryptocurrency generated by Ethereum miners as a reward for computations performed to secure the blockchain. Ethereum serves as the platform for over 260,000 different cryptocurrencies, including 47 of the top 100 cryptocurrencies by market capitalization.

Ethereum provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. The virtual machine’s instruction set, in contrast to others like Bitcoin Script, is Turing-complete. «Gas», an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.

Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Development was funded by an online crowdsale that took place between July and August 2014. The system then went live on 30 July 2015, with 72 million coins minted. This accounts for about 65 percent of the total circulating supply in April 2020.[non-primary source needed]

In 2016, as a result of an exploitation of a flaw in The DAO project’s smart contract software, and subsequent theft of $50 million worth of ether, Ethereum was split into two separate blockchains. The new separate version became Ethereum (ETH) with the theft reversed, and the original chain continued as Ethereum Classic (ETC).

Ethereum is currently developing and planning to implement a series of upgrades called Ethereum 2.0. Current specifications for Ethereum 2.0 include a transition to proof of stake and an increase in transaction throughput using sharding technology.

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What is Ethereum?

Ethereum is an open source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions.

History?

Ethereum was officially with an unusually long list of founders. Anthony Di Iorio wrote «Ethereum was founded by Vitalik Buterin, Myself, Charles Hoskinson, Mihai Alisie, & Amir Chetrit in December 2013. Joseph Lubin, Gavin Wood, & Jeffrey Wilke were added in early 2014 as founders.» Formal development of the Ethereum software project began in early 2014 through a Swiss company, Ethereum Switzerland GmbH . The basic idea of putting executable smart contracts in the blockchain needed to be specified before the software could be implemented; this work was done by Gavin Wood, then chief technology officer, in the Ethereum Yellow Paper that specified the Ethereum Virtual Machine. Subsequently, a Swiss non-profit foundation, the Ethereum Foundation , was created as well. Development was funded by an online public crowdsale during July–August 2014, with the participants buying the Ethereum value token with another digital currency, bitcoin.

Buy sell Ethereum?

Ethereum is the second largest cryptocurrency. Most crypto stock like coinbase,poloniex,binance support ethereum buy or sell with bitcoin or credit card. But don’t forget after you buy your ethereum you should know where you want to store your ethereum, detailed explain in the article below.

Storing your Ethereum?

Storing your Ethereum. If you want to buy Ethereum or you already have Ethereum, you have to find some safe place where you will hold it. You have a lot of option’s. It depends on your idea of what you want done with your Ethereum. Most common option is putting your Ethereum into a software wallet. This option is relatively safe but not very practical. Second most common variant is to put your Ethereum into some cryptocurrency stock, where your Ethereum is not secured as it would be in a software wallet. But, you have more options on what you can do with your Ethereum. You can sell your Ethereum. You can buy more Ethereum. You can exchange your Ethereum. Or, you can lend your Ethereum and make some profit off of them. It only depends on you. Newest way to storing your Ethereum, is to put your Ethereum into a hardware wallet. Be careful, because there are differences between hardware and software wallets. In a hardware wallet, your Ethereum is absolutely safe. No one could steal your Ethereum unless you lost your hardware wallet. Hardware wallets are technologically similar to a flash drive. If you damage or destroy this hardware wallet you will lose all of your Ethereum. Be careful as this option is not practical. If your main concern is to gain more Ethereum, we recommend you store it on your account here because you will earn yearly interest of 8%. But it only depends on what type of variant is best for you.

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Free Ethereum faucet — кран серии FREE раздающий ethereum

Free Ethereum faucet — кран, раздающий бесплатно криптовалюту ethereum (её составную часть) за посещение сайта и решение капчи. Начисление монет происходит за счет дохода от показа рекламы на сайте крана FreeEthereum и от дохода игры Multiply, как например на сайте freebitcoin, где этот инструмент является основным доходом и соответственно источником выплат для самого крана.

Официальный сайт:

На данном сайте доступно несколько возможностей для заработка криптовалюты Ethereum (ETH), перечислены ниже:

Сбор каждый час — бесплатное получение эфира каждые 60 минут за обращение к крану, пример выплат*:

*Сумма за каждый roll зависит от шанса и курса криптовалюты ETH/USD на данный момент, поэтому цифры могут меняться!

Multiply — азартная игра, где удача и везение определяют выигрыш и получение криптовалюты.

Earn — депозит с 6% годовой ставкой, по сложной процентной системе начислений, когда на остаток баланса происходит ежедневное начисление и на наних так же выплачиваются дивиденты.

Lottery — еженедельная лотерея, где каждый пользователь принимает участие купив минимум 1 (один) лотерейный билет. Чем больше лотерейных билетов приобретаете, тем выше шанс выиграть, но это не точно, так как рандом определения победителя — штука непредсказуемая!

Регистрация на сайте Free Ethereum

Регистрация на сайте FreeEthereum осуществляется просто, не требуя особых знаний. Достаточно указать email адрес и придумать пароль, добавить ethereum кошелек (можно пропустить и добавить позже в профиле), куда в дальнейшем будите выводить криптовалюту. Будьте внимательны при заполнении полей и запишите в блокнотик: адрес крана, почту и пароль с которыми регистрировались. Это поможет в дальнейшем избежать потери аккаунта, если вдруг забудете.

Как зарабатывать криптовалюту на Ethereum faucet

После того как пройден этап регистрации, на главной странице (в меню значится как Free) решить CAPTCHA, нажать Roll и на Ваш баланс автоматически будут зачислены монеты ethereum. Размер суммы зависит от выпавшей цифры и может достигать 200$ за одно обращение к крану (faucet). На рисунке, в начале статьи, видно, в каком соответствии происходит оплата к выпавшее цифре. Собирать криптовалюту здесь можно каждый час.

Что бы заработать больше Ethereum (ETH), кроме постоянного посещения крана у нас есть ранее перечисленные инструменты. При максимальном и эффективном использовании их, любой способен хорошо приумножить монеты на своем балансе. При этом нужно помнить, что игра Multiply всегда является достаточно рискованной и легко приводит к потере всех накопленных средств. По этой причине следует избегать её, когда на балансе очень мало монет. Хотя, в данном случае мультиплэй достаточно честный.

А вот партнерская программа и депозитарий (Earn) будут отличными вариантами для существенного увеличения криптовалюты ethereum на балансе аккаунта. Рекламируя свою реферальную ссылку, доступна в разделе меню Referer, вы привлекаете партнеров и получаете 50% от заработка каждого реферала. Средства не вычитаются из дохода партнера, а являются бонусом за то, что вы пригласили активного пользователя (прим. автора: я сам являюсь чьим-то рефералом и не парюсь по этому поводу, это моя благодарность за данную возможность). О разделе депозит (Earn) стоит рассказать подробнее и с примером.

Earn — особый раздел Free Ethereum faucet, где нам ежедневно, на остаток баланса капают проценты по сложной 6% годовой ставке. Для понимания, что такое сложная процентная ставка — это начисление процентов на ранее полученные проценты. На примере покажем как это происходит, но для выполнения данного условия требуется иметь 0,01 ETH (можно накопить или вложить этот минимум) :

У нас есть 0,01 ETH и на следующий день будет начислено 0,00000160 ETH = 0,0100016 ETH и на следующий день к этой сумме будут применены проценты.

Калькулятор расчетов доступен на сайте криптовалютного крана в соответствующем разделе и вы можете самостоятельно посчитать доходность по этому направлению. И это очень классный способ получения криптовалюты эфира. Одно можно сказать точно, этот способ позволяет зарабатывать пассивно, даже если вы не заходили по каким-то причинам в аккаунт.

Разработчики этого проекта так же предлагают и другой подобный сайт, только с криптовалютой Litecoin.

Если у Вас возникают дополнительные вопросы по этому сервису, то вы возможно найдете их в разделе FAQ или пишите в комментариях.

Спасибо что читаете нас. Желаем вам хорошего заработка и выпадения цифры 1000 (200$)

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What is Ethereum

Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions.

Ether is a cryptocurrency whose blockchain is generated by the Ethereum platform. Ether can be transferred between accounts and used to compensate participant mining nodes for computations performed. Ethereum provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. “Gas”, an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.

Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Development was funded by an online crowdsale that took place between July and August 2014. The system went live on 30 July 2015, with 11.9 million coins “premined” for the crowdsale, This accounts for about 13 percent of the total circulating supply.

In 2016, as a result of the collapse of The DAO project, Ethereum was split into two separate blockchains – the new separate version became Ethereum (ETH), and the original continued as Ethereum Classic (ETC). The value of the Ethereum currency grew over 13,000 percent in 2

Ethereum History

Ethereum was initially described in a white paper by Vitalik Buterin, a programmer involved with Bitcoin Magazine, in late 2013 with a goal of building decentralized applications. Buterin had argued that Bitcoin needed a scripting language for application development. Failing to gain agreement, he proposed development of a new platform with a more general scripting language.

At the time of public announcement in January 2014, the core Ethereum team was Vitalik Buterin, Mihai Alisie, Anthony Di Iorio, and Charles Hoskinson. Formal development of the Ethereum software project began in early 2014 through a Swiss company, Ethereum Switzerland GmbH (EthSuisse). Subsequently, a Swiss non-profit foundation, the Ethereum Foundation (Stiftung Ethereum), was created as well. Development was funded by an online public crowdsale during July–August 2014, with the participants buying the Ethereum value token (ether) with another digital currency, bitcoin. While there was early praise for the technical innovations of Ethereum, questions were also raised about its security and scalability.

Several codenamed prototypes of the Ethereum platform were developed by the Foundation, as part of their Proof-of-Concept series, prior to the official launch of the Frontier network. “Olympic” was the last of these prototypes, and public beta pre-release. The Olympic network provided users with a bug bounty of 25,000 ether for stress testing the limits of the Ethereum blockchain. “Frontier” marked the tentative experimental release of the Ethereum platform in July 2015.

Ethereum Milestones

Since the initial launch, Ethereum has undergone several planned protocol upgrades, which are important changes affecting the underlying functionality and/or incentive structures of the platform. Protocol upgrades are accomplished by means of a soft fork of the open source code base.

“Homestead” was the first to be considered stable. It included improvements to transaction processing, gas pricing, and security and the soft fork occurred on 31 July 2015.

The “Metropolis Part 1: Byzantium” soft fork took effect on 16 October 2017, and included changes to reduce the complexity of the EVM and provide more flexibility for smart contract developers. Byzantium also adds supports for zk-SNARKs (from Zcash); with the first zk-SNARK transaction occurring on testnet on September 19, 2017.

There are at least two other protocol upgrades planned in the future: “Metropolis Part 2: Constantinople” will lay the foundations for the transition to proof-of-stake (Casper).

Ether

Ether is a fundamental cryptocurrency for operation of Ethereum, which thereby provides a public distributed ledger for transactions. It is used to pay for gas, a unit of computation used in transactions and other state transitions. Mistakenly, this currency is also referred to as Ethereum. It is listed under the code ETH and traded on cryptocurrency exchanges, and the Greek uppercase Xi character (Ξ) is generally used for its currency symbol. It is also used to pay for transaction fees and computational services on the Ethereum network.

Ethereum Addresses

Ethereum addresses are composed of the prefix “0x”, a common identifier for hexadecimal, concatenated with the rightmost 20 bytes of the Keccak-256 hash (big endian) of the ECDSA public key. In hexadecimal, 2 digits represents a byte, meaning addresses contain 40 hexadecimal digits. One example is 0xb794F5eA0ba39494cE839613fffBA74279579268, the Poloniex ColdWallet. Contract addresses are in the same format, however they are determined by sender and creation transaction nonce. User accounts are indistinguishable from contract accounts given only an address for each and no blockchain data. Any valid Keccak-256 hash put into the described format is valid, even if it does not correspond to an account with a private key or a contract. This is unlike Bitcoin, which uses base58check to ensure that addresses are properly typed.

Ethereum Comparison to Bitcoin

Ether is different from Bitcoin (the cryptocurrency with the largest market capitalization as of June 2018) in several aspects:

Its block time is 14 to 15 seconds, compared with 10 minutes for bitcoin.

Mining of ether generates new coins at a usually consistent rate, occasionally changing during hard forks, while for bitcoin the rate halves every 4 years.

For proof-of-work, it uses the Ethash algorithm which reduces the advantage of specialized ASICs in mining.

Transaction fees differ by computational complexity, bandwidth use and storage needs (in a system known as gas), while bitcoin transactions compete by means of transaction size, in bytes.

Ethereum gas units each have a price that can be specified in a transaction. This is typically measured in Gwei. Bitcoin transactions usually have fees specified in satoshis per byte.

Transaction fees are generally considerably lower for ether than for Bitcoin. In December 2017, the median transaction fee for ether corresponded to $0.33, while for bitcoin it corresponded to $23.

Ethereum uses an account system where values in Wei are debited from accounts and credited to another, as opposed to Bitcoin’s UTXO system, which is more analogous to spending cash and receiving change in return. Both systems have their pros and cons; in terms of storage space, complexity, and security/anonymity.

Ethereum Supply

The total supply of ether was Ξ100 million as of June 2018. In 2017, mining generated 9.2 million new ether, corresponding to a 10% increase in its total supply. Casper FFG and CBC are expected to reduce the inflation rate to between 0.5% to 2%. There is no currently implemented hard cap on the total supply of ETH, but it is expected to end at a certain point, and become deflationary.

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