Monday, July 30, 2018

Latest Development of Ethereum (ETH)



Ethereum (ETH), the number two cryptocurrency by market cap, announce a wave of new developments this week. Here’s a glance at the highlights.

Constantinople is returning

 Ethereum’s developers are gearing up to launch the platform’s next hard fork, constantinople. Its activation is scheduled to take place by Oct 30th. Constantinople is designed to extend potency and lower transaction fees.

Skrill Adds Ethereum

 Ethereum has been added to the London-based cryptocurrency exchange Skrill, that presently has regarding twenty five million customers.

Presidential Hopeful Accepts Ethereum

For the first time, a US presidential candidate is accepting Ethereum, ERC20 tokens and Bitcoin. Supporters will donate to the the “Humanity First” candidate Andrew Yang through his Yang 2020 web site.

‘Dream City’ Building on Ethereum

Government leaders trying to make a digital “dream city” in China are partnering with Ethereum development studio ConsenSys. The partnership will use the Ethereum blockchain to assist China “establish Xiongan as a next-generation smart city and a leading blockchain innovation hub.”

MyEtherWallet Reveals New App

The most popular on-line Ethereum wallet is returning to iOS and android. MyEtherWallet, that lets users store Ethereum and ERC20 tokens, plans to launch MEWconnect in September. In addition, MyEtherWallet is now selling Ethereum on its web site for the first time, thanks to a third-party partnership with SimplexCC.

Ethereum returning to Google Cloud

 Google is launching a full-stack software system developer kit (SDK) on its Google Cloud platform that features support for Ethereum. The kit can remove some of the technical barriers involved in making DApps on the Ethereum blockchain.

Spend Ethereum on Amazon

You can currently spend Ethereum on Amazon within the US and Germany, thanks to Bitrefill. The company currently lets its customers purchase Amazon gift cards using Ethereum, Bitcoin, Litecoin, Dash and Dogecoin.

The Numbers

After rising from $465 to a high of $483 in the past week, Ethereum’s price is currently back at about $465, according to the newest information from CoinMarketCap. The number two cryptocurrency by market cap witnessed a surprise surge in volume in the last 24 hours, but the value remains primarily unchanged.

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