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Category: Ethereum 101

What Is Cryptokitties?

Cryptokitties is simultaneously a game/a trading platform and the name of the token of this platform. The original idea of Cryptokitties was to give beginners a practical experience of how cryptocurrencies, especially Ethereum, work. However, the game has developed into a speculative and profitable ‘business’. How to Start The platform runs on the website […]

Ethereum Classic (ETC) Token Review

  • By CoinRevolution
  • November 28, 2018
What is Ethereum Classic? If you’ve been digging into the literature on Ethereum, then you’ve no doubt come across something called Ethereum Classic. Rather than being the original Ethereum, as the name implies, Ethereum Classic is an off-shoot from the original Ethereum. In short, Ethereum Classic is an alternative cryptocurrency more or less separate from […]

The Best Ethereum Debit Cards

Why get an Ethereum debit card? It’s nice to own your very own Ether tokens — but being able to spend them is even better. If you get an Ethereum debit card, you’re able to spend Ether in stores, online, and withdraw cash from ATMs. Sounds too good to be true? Then read on. The […]

How To Store Ethereum: A Guide To Ethereum Wallets

How To Store Ethereum: A Guide To Ethereum Wallets You will need a cryptocurrency wallet to hold your Ether tokens. The concept is no different from how you store Bitcoins (Read: “How To Store Bitcoin”). There are some different wallets you can store your Ether tokens in. These include: Online wallet Mobile wallets Desktop wallets […]

What Are Ethereum Smart Contracts?

  • By CoinRevolution
  • November 27, 2018
  • 1 Comment
What Are Ethereum Smart Contracts? Let’s be honest: blockchain technology isn’t accessible to wrap your head around. Unless you’re a cryptography expert or software developer, the concept of smart contracts can be deceptive. The term invokes thoughts of legally binding contracts between two parties. Although smart contracts can be used for that exact purpose, it’s […]

Can Ethereum Scale?

  • By CoinRevolution
  • November 27, 2018
You may have read about The Bitcoin Scalability Problem, but can Ethereum scale? The main issue facing making blockchain networks is that the future is uncertain. Everything seems to work fine with the current level of usage. But what happens if everyone gets on-board? All major tech firms, from Facebook to Amazon, have had to […]

How Ethereum Mining Works

Ever wondered how Ethereum mining works? The process is not a whole lot different from Bitcoin mining (Read: “How Bitcoin Mining Works“). Contrary to popular belief, blockchain miners aren’t just people who dig up cryptocurrency tokens from the ether. Instead, miners fill the function of the intermediary which is absent on decentralized systems. To understand […]

How Ethereum Works

  • By CoinRevolution
  • November 27, 2018
How Ethereum Works You understand how Ethereum works on the surface. Now it’s time to look under the hood of the decentralized vehicle. Think of an app — any app. It could be your Google Calendar app or your iCloud storage. Your data will be stored in one of Google or Apple’s many data centers […]

Who Created Ethereum?

Who created Ethereum? Ethereum was created by the Russian-Canadian programmer Vitalik Buterin. He started writing for Bitcoin Magazine back in 2011, and wrote the white paper for Ethereum just two years later. Ethereum is today worth $65 billion and is the second highest rated cryptocurrency in the world. Vitalik Buterin’s childhood  Buterin was born in […]

How To Accept Ethereum Payments

  • By CoinRevolution
  • November 26, 2018
Accept Ethereum payments to your wallet The most straightforward way to accept Ethereum payments for your business is direct to your Ethereum wallet. You can display your Ethereum wallet address on your website, or even have it on a sign in your brick-and-mortar store. You can also display the QR code to make life easier […]
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