March 6, 2023
Tron (TRX)
Tron is a proof of stake cryptocurrency that has been built on the Tron blockchain network.
Bright Ideas: Ethereum (ETH)
Ethereum, as described by its whitepaper, is "A Next-Generation Smart Contract and Decentralised Application Platform."
Price:
$1,578.67
Mkt Cap:
$193,142,986,476
View Coin Page
Project Fundamentals
- Ethereum is a technology allowing users to transfer and send cryptocurrency to anyone with minimal fees.
- Anyone can have access and use it, and no one can manipulate or take it down.
- It enables the use of digital money without intermediaries or banks, and can use various digital assets.
- It is used as a marketplace of financial services, applications and games that cannot steal data or censor the user.
Partnerships / Implementation
- The Ethereum Whitepaper was originally published by Vitalik Buterin in 2013, and the project was launched in 2015
- Ethereum is backed by some of the world’s biggest financial institutions and investment banks including Visa, Mastercard, UBS, and JP Morgan
- Some of the worlds biggest companies with valuations over $1b are integrating blockchain technology into their operations including Amazon, Microsoft, and Samsung
- Ethereum’s performance has seen exponential growth as a result.
Roadmap and Announcements
- As of December 2021, Ethereum 2.0 (Eth2) is being developed with the aim of making Ethereum more scalable, sustainable, and secure
- Some of the changes included in Eth2 include the Beacon Chain which allows Ethereum staking, it lays the foundation for future upgrades and will coordinate the new system
- On the 6th of September 2022 Ethereum successfully completed the Bellatrix upgrade which is an upgrade to the network’s consensus layer, otherwise known as the Beacon Chain.
- On the 13-15th it is expected that the Ethereum Total Terminal Difficulty threshold hits 58750000000000000000000 from which the Ethereum 2.0 merge will occur.
- In 2023, shard chains will aim to expand transaction and data processing for Ethereum and will be rolled out in stages.
Technical Analysis
More Bright Ideas
February 27, 2023
Polygon (MATIC)
Polygon was founded as a scaling solution for Ethereum and aims to be Ethereum’s internet of blockchains.
February 24, 2023
Fantom (FTM)
FTM powers the Fantom network, and is used for staking, on-chain governance, and as payment for network fees.
February 22, 2023
Polygon (MATIC)
Polygon was founded as a scaling solution for Ethereum and aims to be Ethereum’s internet of blockchains.
February 21, 2023
Cosmos (ATOM)
Cosmos is an interoperability platform operating as a “decentralised network of independent parallel blockchains"
February 20, 2023
Bitcoin (BTC)
Bitcoin is synonymous with cryptocurrency itself and has always been the largest by market capitalisation.
