Home / Ethereum / Ethereum reaches market capitalization of $ 11.14 billion (ETH)

Ethereum reaches market capitalization of $ 11.14 billion (ETH)

Ethereum (CURRENCY: ETH) sold 6.4% against the US dollar during the 24-hour period ending at 0:00 AM on 4 November. An Ethereum coin can now be purchased for around $ 107.67 or 0.02840396 BTC on popular exchanges including Liqui, xBTCe, LATOKEN and IDAX. Ethereum has a total market capitalization of $ 11.14 billion and about $ 2.19 billion of Ethereum were traded on the stock exchange on the last day. In the last seven days, Ethereum has recorded a decrease of 24.7% compared to the US dollar.

Here's how similar cryptocurrencies took place on the last day:

  • Ethereum Classic (ETC) sold 9% less than the dollar and now trades at $ 4.33 or 0.00114201 BTC.
  • Callisto Network (CLO) reported a 10.6% decline against the dollar and is now trading at $ 0.0043 or 0.00000112 BTC.
  • Musicoin (MUSIC) sold 4% less than the dollar and now trades at $ 0.0013 or 0.00000034 BTC.
  • Akroma (AKA) sold 3.3% less than the dollar and is now trading at $ 0.0279 or 0.00000736 BTC.
  • The bow head (AHT) has contracted against the dollar and is now trading at $ 0.0244 or 0.00000377 BTC.
  • Ellaism (ELLA) sold 4.3% against the dollar and is now trading at $ 0.0146 or 0.00000385 BTC.
  • Elementrem (ELE) sold 5.4% less than the dollar and now trades at $ 0.0057 or 0.00000151 BTC.
  • WhaleCoin (WHL) sold 4.1% against the dollar and now trades at $ 0.0070 or 0.00000184 BTC.
  • DaxxCoin (DAXX) sold 29% less than the dollar and is now trading at $ 0.0001 or 0.00000003 BTC.
  • Ether Zero (ETZ) fell 17.3% against the dollar and is now trading at $ 0.10 or 0.00002766 BTC.

About Ethereum

Ethereum (ETH) is a proof-of-work currency (PoW) that uses the Ethash hashing algorithm. It was launched on 30 July 2015. The total offer of Ethereum is 103.449.999 coins. The official Twitter account of Ethereum is @ethereumproject and his Facebook page is accessible here. The Reddit community for Ethereum is / r / ethereum and the currency Github account can be viewed here. The official Ethereum website is www.ethereum.org. The official Ethereum bulletin board is forum.ethereum.org.

According to CryptoCompare, "Sandwich complexity model: the lower-level architecture of Ethereum should be as simple as possible and the interfaces of Ethereum (including the high-level programming languages ​​for developers and the user interface for users) should be as comprehensible as possible.While complexity is unavoidable, it should be included in the protocol "middle layers", which are not part of the basic consensus but are not seen by end users – high-level language compilers, topic serialization and deserialization scripts, data structure model storage, leveldb storage interface and thread protocol, etc. However, this preference is not absolute Freedom: users should not be restricted to regarding their use of the Ethereum protocol and we should not attempt to preferentially favor or discourage det enduring types of contracts or Ethereum transactions based on the nature of their purpose. This is similar to the guiding principle behind the concept of "net neutrality". An example of this principle that is not followed is the situation in the Bitcoin transaction protocol in which the use of blockchain for "off-label" purposes (eg data storage, meta-protocols) is discouraged, and in some explicit changes to the quasi-protocol (eg 40-byte OP_RETURN restriction) are made to attempt to attack applications using blockchain in "unauthorized" ways. In Ethereum, on the other hand, we strongly prefer the approach of setting up transaction fees in such a way as to be approximately incentivable, so that users who use blockchain in productive ways magnify the cost of their activities (for example, Pigovian taxation ). Generalization: protocol features and opcodes in Ethereum should incorporate low-level concepts to the maximum, so that they can be combined in arbitrary ways, including ways that may not seem useful today but could become useful later, and therefore a set Low-level concepts can be made more efficient by eliminating some of its functionality when it is not needed. An example of this principle that follows is our choice of an opcode LOG as a way to provide information to clients first (in particular light clients), instead of simply recording all the transactions and messages as suggested internally earlier – the concept of "message" is actually the agglomeration of multiple concepts, including "function call" and "interesting event for external observers", and it is worth separating the two. No feature: as a corollary to the generalization, the development team often refuses to build even high-level use cases also very common as intrinsic parts of the protocol, with the knowledge that if people really want to do so they can always create a subtitle -protocol (eg undercorrected ether, bitcoin / litecoin / dogecoin sidechain, etc.) within a contract. An example of this is the lack of a "locktime" feature similar to Bitcoin in Ethereum, as this function can be simulated through a protocol in which users send "signed data packets" and such data packets can be inserted into a specialized contract that processes them and performs some corresponding functions if the data package is in some sense specific to the valid contract. No risk aversion: the development team is okay with higher risk levels if a risk-increasing change provides very substantial benefits (for example, generalized state transitions, 50x faster turnaround times, consensus efficiency , etc.) "

Purchase and sale of Ethereum

Ethereum can be traded on the following cryptocurrency platforms: BTC Markets, Indodax, Mercatox, Coindeal, OEX, Coinone, Kraken, Gemini, Liqui, Rfinex, Bitfinex, Allcoin, LocalTrade, BtcTrade.im, BitForex, CoinEgg, Cryptonex, MBAex, TDAX , RightBTC, LBank, Allbit, BX Thailand, CPDAX, Bitstamp, ABCC, xBTCe, Fatbtc, CoinBene, Sistemkoin, ZB.COM, IDEX, GOPAX, Exmo, Bit-Z, OKEx, DOBI trade, Gate.io, HitBTC, EXX , Liquid, BCEX, ChaoEX, Bigone, CoinTiger, Hotbit, DigiFinex, Bittrex, Huobi, BitMart, Neraex, Livecoin, Bitsane, Poloniex, OOOBTC, Bitlish, Coinbase Pro, OasisDEX, Bibox, DragonEX, Upbit, BtcTurk, Coinhub, Instant Bitex , BiteBTC, Bancor Network, Cobinhood, B2BX, HADAX, Vebitcoin, DDEX, Coinsuper, FCoin, IDCM, Korbit, YoBit, Simex, Bitbank, TOPBTC, CoinEx, LATOKEN, C2CX, IDAX, Coinsquare, BTC-Alpha, Bithumb, Binance, Exit, Uex, Kryptono, CEX.IO and Kucoin. Investors seeking to negotiate directly with Ethereum US dollars can do so using GDAX, Coinbase or Changelly.

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