Analysis ETH

[irixo10]

It gets interesting, it looks like it will suber, we'll see where

[1715633686]

1715633686

[1715633686]

1715633686

[1715633686]

1715633686

[mjtrader]

I think there's still a future here. I mean, let's not forget that ETH is still the currency with the 2nd largest market cap after bitcoin.
there is still a big potential for growth, and potential to earn big on investments.
Of course there need to be some changed and eth needs to become more attractive and popular, but as the mainstream interest for crypto and blockchain rises, I think it will come naturally

[Red-Apple]

I think there's still a future here.

yes but not because of the reasons you said, only because it is a manipulated coin and whales aren't done with it yet.

I mean, let's not forget that ETH is still the currency with the 2nd largest market cap after bitcoin.

again it is a manipulation, because it is a fake marketcap. high amount of coins made the huge marketcap not a real thing.

there is still a big potential for growth, and potential to earn big on investments.

i agree. since now bitcoin price is going down once again ETH shills may take things into their hands and start spreading FUD and pump ETH so we can make some good profit.

Of course there need to be some changed and eth needs to become more attractive and popular, but as the mainstream interest for crypto and blockchain rises, I think it will come naturally

i doubt that any change can help ethereum. but i would certainly be interested to see how they can save it.

[ptcaffiliate]

Using Ethereum, ChronoBank Aims to Become Uber of Recruitment

The recruitment market model is broken, slowed down by intermediaries and recruiters who in many cases are not adding much value. It is time-consuming and costly for organizations to identify and hire short-term talent. Is it a market ready for disruption?

Cointelegraph caught up with Sergei Sergienko, CEO at ChronoBank, who is launching a next generation labor exchange platform (LaborX) built on Ethereum using smart contracts.

CT: So how will it work?

Sergei Sergienko: We are seeking to disrupt the short-term labour-hire sector, creating an exchange on which buyers and sellers can trade skills for time and money.

Organizations can spend more time and money securing an employee than they do on the work itself.

The LaborX exchange is built on Ethereum’s smart contracts platform, enabling workers and businesses to connect on a peer-to-peer basis. ChronoBank is a Blockchain initiative backed by Australian labor hire company Edway. We are seeking to revolutionize the short-term recruitment sector by creating decentralized mechanisms for employers to access and rank prospective employees.

By using LaborX, organizations can buy labor and acquire the skills they need directly – in much the same way that Uber connects drivers with those looking for a taxi, or the way Upwork works to allows freelancers to access work directly.

CT:  How are things progressing towards launch?

SS: The LaborX exchange platform is built on Ethereum’s ground-breaking smart contracts capabilities. Although ChronoBank’s crowdfunding is still under way, a significant proportion of the critical development work has already been completed.

The rewards contract, which handles automatic payment of dividends for token-holders, has been created, as has the exchange contract that will allow trading between different token types on LaborX.

The ChronoWallet allows users to view offered rates and make trades quickly and easily. It is also possible to view amounts of Labour Hour (LH) tokens to be transferred in fiat equivalents and to switch between different currencies.

It looks like ChronoBank crowdfunding is going well. We have already raised large amounts of Bitcoins (around 1,200 Bitcoins), and quantities of other cryptocurrencies (LTC, ETH, ETC, WAVES and NEM).

The project has also received $1.1 mln in venture capital funding from AXL Strategic Partners and has the backing of Edway, a major labor-hire organization based in Australia.

[ptcaffiliate]

If the split between Ethereum and Ethereum Classic wasn’t definitive before, it is now.

Ethereum Classic, the project born out of rejection of Ethereum’s reversal of The DAO, hard forked today. With that, Ethereum Classic has implemented the biggest protocol change yet, and furtherdifferentiated itself from the Ethereum project.

Most importantly, the hard fork — dubbed “Die Hard” — diffused the difficulty bomb, which was set to freeze the protocol later this year. Additionally, Ethereum Classic implemented replay protection, to ensure Ethereum transactions are no longer valid on the Ethereum Classic chain and vice versa. It also adjusted technical parameters to increase the cost of certain spam attacks.

“This protocol upgrade demonstrated growing maturity of Ethereum Classic, as it's starting to blaze its own path not only in terms of ideology, but also technical choices,” Ethereum Classic’s project coordinator, “Arvicco” toldBitcoin Magazine. “Such as a commitment to staying on proof-of-work consensus for a prolonged period.”

The Difficulty Bomb

The original Ethereum protocol, as implemented by the Ethereum Foundation, included a so-called “difficulty bomb.” Baked into the software, Ethereum’s mining difficulty is programmed to increase exponentially over time. This has been unnoticeable up till now, but by around April or May of this year, it is set to increase so rapidly that mining will necessarily become unprofitable. As a result, no more blocks will be found at all, and the protocol will effectively freeze, creating an “Ice Age.”

The Ethereum Foundation implemented this difficulty bomb to force its own hand — and that of the broader Ethereum community. As outlined in its release documents, the Ethereum Foundation planned to roll out the Ethereum project in several stages, each one requiring a hard fork. The difficulty bomb was implemented to ensure that developers and the community would have to switch to a new protocol this year; eventually working toward a proof-of-stake mining algorithm known as “Casper.”

As a continuation of the original Ethereum protocol, Ethereum Classic also included that difficulty bomb. The Ethereum Classic community, however, has decided it will not follow the Ethereum Foundation road map, most notably regarding Casper. As such, there is little need for Ethereum Classic to keep the difficulty bomb, and it was removed with the Die Hard hard fork.

This gives the project more time to work on further protocol development, Arvicco said.

“Now that the most critical technical issues such as difficulty bomb and replay protection are resolved, ETC dev team will start focusing more on longer-term changes, such as monetary policy and improved platform stability and security.”

The Split

With every hard fork, there exists a risk of not everyone switching to the new protocol, in effect creating two different networks and currencies. This is how the Ethereum Classic project itself started, of course, and could happen again.

So far, however, Die Hard seems to have gone through with few holdouts. While it is too early to tell with full certainty whether the ecosystem has fully switched to the new protocol, there didn’t appear to be much opposition beforehand. A vast majority of hash power has also made the switch — though at time of writing a small number of miners hadn’t yet.

“Even though we campaigned for two weeks for everyone to upgrade, about 0.5 percent of hash power kept mining on the old chain for a while,” Arvicco said. “That was to be expected, though; with our last fork in October that was about 3 to 5 percent. So, there is  progress.”

And the odds of these holdouts bootstrapping their own currency seems unlikely, Arvicco believes.

“Not unless there is a community ready to support it both in terms of participation and real money. And the prospects of such community is not good with the bomb blowing up pretty soon.”

[ptcaffiliate]

I'm waiting to buy ETH but fails to exceed 0.015 seems to stabilize

[Mihawk]

Is there a future for Ethereum? Will we see again the price of $ 21? ETC will die if it does, right? How will Ethereum deal with inflation? The future of Ethereum would actually be or is in the hands of projects that are under your platform?

[Kimpoiluiseta]

Hopefully ETH will be back to 0.025-0.03BTC , my main purchase at this level.

history ETH price can reach over 0.02 , this precision price maybe reach to 0.025 bitcoin
this now ETH price in level 0.0117
so is very long time can reach to 0.025 - 0.03 bitcoin

[ptcaffiliate]

If it reaches that price would again be upward trend, we hope it is so

[irixo10]

ETH remains above the bullish channel could be a good buy for this year.

[BTCLovingDude]

this current state after the dip, where you can see price is very stable seems both scary and good.
scary in a sense that we can't say which way it is going to be more possible for it to go since it is not yet a clear shaped thing.
and also good because it is a stable price with nice volume which may very well be an accumulation phase leading to a pump.

[ptcaffiliate]

If it seems that maintaining the price and with a high volume, possibly this will be a good year for ETH

[irixo10]

That exceeds 0. 015 will not be in a clear upward trend, we will see what it does.

[ptcaffiliate]

Is there a future for Ethereum? Will we see again the price of $ 21? ETC will die if it does, right? How will Ethereum deal with inflation? The future of Ethereum would actually be or is in the hands of projects that are under your platform?

I think we will see the 21, but between 2018 and 2019

[sotisoti]

Any Ethereum news lately? The price has increased more than 4%..

[dixasset]

Everything is the same, it is stagnant at 0.011

[GizmoHF]

Everything is the same, it is stagnant at 0.011

https://www.cryptocoinsnews.com/report-microsoft-among-tech-companies-creating-ethereum-blockchain-alliance/

I think this is kinda big news for ETH.

[ptcaffiliate]

Everything is the same, it is stagnant at 0.011

https://www.cryptocoinsnews.com/report-microsoft-among-tech-companies-creating-ethereum-blockchain-alliance/

I think this is kinda big news for ETH.

I believe that eth no longer moves no news is in maximos and as I fall I do not know where it will arrive

[Arcteryx]

Have been watching eth for a very long time and it has not moved in price much in that time.
News of anything involving the contracts do nothing to the price.
Ever since Coinbase started  offering to buy and sell directly on their site i haven't seen any thing worth of notice hence not wanting to purchase this offering versus buying bitcoin.

[JeffBrad12]

https://cryptowat.ch/coinbase/ethusd

With a new pair into the fiat currency and that gives a lot of the energy for ethereum. Another fiat pair will be coming soon. Although their update wasn't give anything but the newest pair it will more useful.