Here's a brief history of Ethereum ¹: - 2013: The concept of Ethereum was first described in a white paper by Vitalik Buterin. He argued that blockchain technology could be used for more than just money and that it required a more robust language for development. - 2014: Buterin announced Ethereum at the North American Bitcoin Conference in Miami. The project was crowdfunded and development began. - 2015: The Ethereum network went live on July 30th. - 2016: The DAO, a decentralized autonomous organization, was created on the Ethereum platform. However, it was hacked and $50 million was stolen, leading to a controversial hard fork that resulted in the creation of Ethereum Classic. - 2017: The Enterprise Ethereum Alliance (EEA) was formed, with over 150 members by the end of the year. - 2018: The ERC-721 standard for non-fungible tokens (NFTs) was introduced, and the CryptoKitties game was launched on Ethereum. - 2021: Visa began settling stablecoin transactions using Ethereum, and JP Morgan Chase, UBS, and MasterCard invested $65 million in ConsenSys, a software development firm that builds Ethereum-related infrastructure. - 2022: Ethereum transitioned its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS) in an upgrade known as "the Merge," which cut Ethereum's energy usage by 99%. - 2024: The "Dencun" or "Deneb-Cancun" upgrade was implemented, which lowered transaction fees on Layer 2 networks built on top of the Ethereum blockchain. #ethrium #BTC☀
Mt. Gox Bitcoin Distribution Begins in July. 😱🤯 Mt. Gox will distribute bitcoin and bitcoin cash to creditors starting in July. The exchange has finalized preparations to ensure secure repayments, beginning with verifying information with cryptocurrency exchanges. This follows a 2014 security breach where Mt. Gox lost 850,000 bitcoin. In September 2023, it was announced that creditors would receive 142,000 bitcoin, 143,000 bitcoin cash, and 69 billion yen ($510 million) by October 2024. #MtGox #btc #Bitcoin #btcdown
Cardano (ADA) is a decentralized public blockchain and cryptocurrency project that has garnered significant attention in the cryptocurrency space. Founded by Charles Hoskinson, one of the co-founders of Ethereum, Cardano aims to provide a more scalable, secure, and sustainable alternative to traditional cryptocurrencies.
What is Cardano (ADA)?
Cardano is a proof-of-stake blockchain platform that utilizes the Ouroboros consensus algorithm to secure its network. The platform's native cryptocurrency, ADA, is named after Ada Lovelace, a 19th-century mathematician often referred to as the world's first computer programmer.
Key Features
Some of the key features of Cardano (ADA) include:
- Scalability: Cardano's Ouroboros algorithm allows for faster transaction processing times than traditional proof-of-work blockchains. - Security: Cardano's proof-of-stake consensus algorithm is more energy-efficient and less vulnerable to 51% attacks. - Sustainability: Cardano's treasury system ensures that the network is funded and maintained for the long-term. - Smart Contracts: Cardano's platform supports the deployment of smart contracts, enabling decentralized applications (dApps) and decentralized finance (DeFi) use cases.
Use Cases
Cardano (ADA) has various use cases, including:
- Payments and Remittances - Decentralized Finance (DeFi) - Gaming and NFTs - Supply Chain Management
Conclusion
Cardano (ADA) offers a unique approach to blockchain and cryptocurrency, focusing on sustainability, scalability, and security. As the project continues to evolve and grow, it may prove to be a significant player in the cryptocurrency market.
Here are the step-by-step instructions to make a trade on Binance:
*Step 1: Create an account and log in*
- Go to (link unavailable) and register for an account if you haven't already. - Log in to your account using your email and password.
*Step 2: Navigate to the exchange platform*
- Click on the "Exchange" tab in the top menu bar. - Select the cryptocurrency pair you want to trade (e.g., BTC/USDT).
*Step 3: Choose your trade type*
- Decide whether you want to place a market order or limit order. - Market order: executes the trade at the current market price. - Limit order: executes the trade at a specific price you set.
*Step 4: Set your order details*
- Enter the amount of cryptocurrency you want to buy or sell. - Set your price (if placing a limit order).
*Step 5: Confirm your trade*
- Review your order details carefully. - Click the "Buy" or "Sell" button to confirm your trade.
*Step 6: Monitor your trade*
- Once your trade is executed, you can monitor it in your Binance account. - You can also set price alerts and other notifications to keep track of market movements.
Remember to always use caution and do your own research before making any trades! #btc73k
- Bitcoin was created by an individual or group of individuals using the pseudonym Satoshi Nakamoto. - The Bitcoin whitepaper was published on October 31st.
*2009*:
- Bitcoin's blockchain was launched on January 3rd. - The first block, known as the Genesis Block, was mined. - Bitcoin v0.1 was released.
*2010*:
- The first Bitcoin transaction took place on January 12th. - Bitcoin's value was around $0.0008.
*2011*:
- Bitcoin's value surged to $1. - The Silk Road marketplace began accepting Bitcoin.
*2012*:
- Bitcoin's value rose to $100.
*2013*:
- Bitcoin's value skyrocketed to $1,200. - The first Bitcoin conference was held.
*2014*:
- Mt. Gox, a prominent Bitcoin exchange, filed for bankruptcy.
*2015*:
- Bitcoin's value stabilized around $200.
*2016*:
- Bitcoin's value began to rise, reaching $700.
*2017*:
- Bitcoin's value skyrocketed to $20,000.
*2018*:
- Bitcoin's value fell to $3,000.
*2019*:
- Bitcoin's value stabilized around $10,000.
*2020*:
- Bitcoin's value rose to $64,000.
*2021*:
- Bitcoin's value reached an all-time high of $68,000.
DEEP DIVE: 64-65k on #BTC is crucial! Initially dropping on Monday, BTC now shows potential to hit $67K, with possible resistance. Surpassing this could target $69.5K, while $65K serves as crucial psychological support. Despite potential dips to $62K or $60K, sentiment is cautiously bullish. Keep an eye on $65K!