Archive for the ‘General Info’ Category

An increasing number of people see Bitcoin’s disruptive power every day. If Bitcoin technology is about a rupture in the old centralized database model to a new decentralized database model – where third party interference is not possible – Ethereum’s technology (Blockchain 2.0) can go even further.

Ethereum enables you to create any software/app in a decentralized way, where downtimes, censoring, and arbitrariness are not possible. Metaphorically speaking, if Bitcoin will replace credit cards and money remittance companies, Ethereum will replace entities that provide support to today’s contracts, like notary public offices, who solely exist for this purpose.

The Ethereum technology platform development gets faster every day. A few weeks ago, Augur crowdfunding raised over $5 million, becoming one of the most funded Ethereum companies in the world. Additionally, Mist wallet was launched, which will enable you to store your Ethers and make smart-contracts as well.

Ethereum has already proven to be a highly profitable project for investors. Those who invested in early Ethers’ crowdsales – currency used for payments in Ethereum code – made up to 10x their investment’s value.

This technology’s early investors have everything to gain. That is why bnktothefuture.com created #EMBS – Ethereum Mining Backed Security Fund.

What is the Ether Mining Backed Security?
Ether Mining Backed Security (EMBS) was created by BnktToTheFuture as a niche investment product for investors that want to invest in Ether cryptocurrency. It is an investment product that combines daily income denominated in Ether with the potential for high return capital growth. It utilizes new alternative financial innovations like mining and cryptocurrency (Ether) to create an expected high risk, high return investment opportunity.

If you wish to join this opportunity, there are only a few days left, learn more about EMBS…

bitcoin-price-increase

The last few days the exchange rate of Bitcoin (BTC) has been steadily going up and today it has surpassed the $270 USD mark and that may not be the highest point it may reach this time. So you might want to keep a closer look at how things progress, though unfortunately it seems that the peak in price of BTC is not affecting much other coins as Litecoin this time. LTC has been keeping a steady exchange rate for a while now at a little above $3 USD. The exchange rate for ETH/BTC is going down, but due to the increase of the price per BTC the USD/EUR rate for Ethereum is still keeping relatively stable, but low level. This market situation is resulting in miners looking for some alternative coins to try mining and maybe get a better profit instead of the more established or popular ones in the last few days. The results is clearly seen in some altcoins having temporary spikes like DGB or GeoCoin among others, so you might want to keep an eye on the altcoin market for other not so popular names as well.

ethereum-unique-address-growth-chart

Ethereum (ETH) is still relatively new alternative crypto currency, even though it has been in development for quite a while, the formal launch of the mining phase happened just about two and a half months. For all that time the total mined Ether coins is roughly a little bit over 2 Million with another 72 Million already available from the crowdsale and various other rewards and incentives. We are keeping a close eye on the development of Ethereum and another reason why we are seeing a decline in the value of a single Ether coins could be due to the still relatively small user base when compared to the total number of coins available. Looking at the number of unique wallet addresses that have left a trace in the Ethereum blockchain shows a bit disappointing number, a bit less than 25 thousand. With less than 4 thousand new ones being added in the last 30 days, growing steadily, but slowly with just about 100-200 average new ones every day. That does not mean that the total number of users or actually generated wallet is this small, it is larger in reality as addresses that have not sent or received any transaction are not listed, but then again you cannot say these are active Ethereum users either. So what Ethereum desperately needs is to increase the rate of growth with more new users that it is currently getting and that includes not only miners…


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