Ether is a necessary element — a fuel — for operating the distributed application platform Ethereum. It is a form of payment made by the clients of the platform to the machines executing the requested operations. To put it another way, ether is the incentive ensuring that developers write quality applications (wasteful code costs more), and that the network remains healthy (people are compensated for their contributed resources).
If you just want to test the technology, you probably don’t need real ether. Download the latest Wallet app and switch to the Test Network from the below link:
Bitcoin is recovering from its lower levels seen yesterday morning, while other crypto currencies are flat to negative. Some of them maybe losing capital to Bitcoin, because Bitcoin had fallen down to attractive rates of $7000-7500 yesterday.
Cryptocurrency Rates in Euro – 07Feb2018, 12:00 CET
Bitcoin: BTC-EUR 6216.10 € +697.50 (12.64%)
Ethereum: ETH-BTC 619.43 € +10.26 (1.68%)
Litecoin: LTC-BTC 99.40 € -8.64 (-8.00%)
Iota: IOT-BTC 1.31 € -0.05 (-3.49%)
Cryptokitties is the largest game launched on the blockchain, to date. It was built on the Ethereum blockchain and has made $19.5 million, to date. It was invented and launched by Vancouver’s, Axiom Zen. We got to sit down with their Director of Communications, Bryce Bladon, for an exclusive interview about the CryptoKitties expansion.
Cryptokitties saw Ethereum blow up in December reaching it’s highest peak at the time. The game features breedable and sellable cats or crypto kitties that vary in value. The most expensive kitty ever sold on CryptoKitties was worth $117,712 USD or 246.9255 ETH at the time of sale!
BitcoinTalk is a like a noticeboard where people take part in the technical details and the development of Bitcoin software and discuss with each other. Though, people who’ve passion in Bitcoin mining, trading with Bitcoin, and in the budgetary of Bitcoins can participate in this forum.
Reddit Bitcoin Community
Reddit Bitcoin community is one of the famous social website. A person called Atlas founded this community in September 9th 2010. However, it is the reliable place among several Bitcoin communities in terms of news, community feedback, and updated information about various companies.
CryptoCompare is basically founded in November 2014 and released to the public in late July 2015. This platform also provide best information in showing the most accurate live prices, charting and market analysis from the top cryptoexchanges globally.
Another community is most popular which is Cryptocurrency Talk. The major perception is to provide sufficient knowledge with the news, information, and discussions about the cryptocurrencies.
The Eastman Kodak Company announced Jan. 30 that the launch of their cryptocurrency KODAKCoin would be delayed in order to evaluate the status of potential investors. The delay was announced the day before the Initial Coin Offering (ICO) was set to start, according to the project’s Jan. 9 press release.
As explained in on the company’s website, Kodak intends to run an ICO that offers security tokens as an ‘exempt offering’ — this means the company does not have to register their security with the US Securities and Exchange Commission (SEC), but only “accredited investors” can participate in the ICO.