What is Ether?

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:

https://github.com/ethereum/mist/releases/latest

Cryptocurrency Watch : SmartCash

SmartCash (SMART)

SmartCash is a project born out of the desire to create a viable, fungible, fast, merchant oriented, user friendly and community driven cryptocurrency with a decentralized governance system. We aim to create the most nimble and fast growing cryptocurrency by aggressively prioritizing block rewards to growing our community, hiring developers, gaining merchant acceptance and via grassroots community outreach efforts and established marketing methods.

Current Price: $0.330210 USD
Website: https://smartcash.cc/
Type: Coin
Market Cap: $223,028,526 USD
Circulating Supply: 675,414,208 SMART
Total Supply: 1,276,458,487 SMART

Cryptocurrency Watch : Bitcoin Cash

Bitcoin Cash (BCH)

Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoin as “Peer-to-Peer Electronic Cash”. Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. All Bitcoin holders as of block 478558 are also owners of Bitcoin Cash. All are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world.

Current Price: $993.44 USD
Website: https://www.bitcoincash.org/
Type: Coin
Market Cap: $16,843,416,270 USD
Circulating Supply: 16,954,588 BCH
Total Supply: 21,000,000 BCH

Portfolio Investment – 02 for February, 2018

 

S. No. Symbol Buy Rates Amount Buy Total
1 BTC $8,691 1 $8691
2 DASH $605 15 $9075
3 XVG $0.05 100000 $5200
4 ARK $4.06 1000 $4060
5 GXS $4.81 1000 $4810
6 EMC $4.46 1000 $4460
7 SKY $17.96 300 $5388
8 NLG $0.16 25000 $3950
9 AEON $2.95 2000 $5900
10 FTC $0.19 25000 $4675
11 SBD $5.17 1000 $5170
12 XSH $0.05 100000 $5100
13 RISE $0.48 10000 $4830
14 ENRG $0.15 25000 $3850
15 NEOS $4.14 2000 $8280
16 PZM $0.88 10000 $8750
17 MUSIC $0.02 100000 $1900
18 CURE $0.45 10000 $4530
Total Cost $98619

 

Australia’s ‘Big Four’ Banks Will Not Prohibit Bitcoin Buy Transactions

Australia’s biggest banks have ruled out any notion of barring customers from buying cryptocurrencies like bitcoin. In marked contrast to a handful of US-based Wall Street banks and one major UK banking group, Australia’s traditional ‘big four’ banks won’t be withholding their customers from buying cryptocurrencies using their banks’ services, including credit cards, Australia’s ABC news reports. While Australia and New Zealand Banking Group (ANZ) rejects dealing with businesses operating as ‘issuers, dealers or exchanges’ of cryptocurrency due to their unregulated nature, the bank has no qualms about its customers buying cryptocurrencies with their money.

Reference: https://www.ccn.com/australias-big-four-banks-will-not-prohibit-bitcoin-buy-transactions/

Crypto Currency Market News