Posted on June 5th, 2014.
Development of the Ethereum project has gone very well over the months since inception. The core activity — development of the software platform — is on track and many developers around the world are starting to build small, exploratory distributed applications on the platform, even though we are still not yet in alpha release. The […]
Posted on May 15th, 2014.
The Necessity to Build and Launch an Ecosystem on Genesis Day Imagine if Microsoft released the Xbox and there were no games. On the day on which the Ethereum genesis block is created, many of the elements of the ecosystem — core infrastructure, mining network, user app browser and applications — will be in place. […]
Posted on May 14th, 2014.
What is Ethereum, the Project? The Ethereum Project is an open source, community-driven effort designed to create a next-generation distributed application platform intended to be maximally flexible and powerful in the possibilities that it enables. What is Ethereum, the Platform? The Ethereum Platform combines a generalized peer-to-peer networking platform with next-generation blockchain architecture to deliver […]
Posted on April 10th, 2014.
Ether (ETH), the cryptofuel that powers distributed applications on the Ethereum platform, will be issued at a constant annual linear rate via the block mining process. This rate is 0.3 times the total amount of ETH that will be purchased in the pre-sale. While the best metaphor for ETH is “fuel for running the contract […]