Tag Archives: Transactions

Ethereum Network Processes Over 1 Million Transactions Worth Almost 10% of the Market cap

Scalability is the talk of the town in the cryptocurrency world. Every network and blockchain are scrutinized based on their performance. Although the Ethereum network isn’t perfect, an interesting milestone has been reached. The network successfully processed 1 million transactions over the past 24 hours. With an average of 43,963 transactions per hour, things are […]

Ethereum Breaks One Million Transactions in a Single Day

Share Tweet Share Share Email Today, Ethereum made history by processing one million unique transactions in a 24-hour period. Ethereum is the first digital currency to pass this momentous threshold. The news comes after previous reports that the digital currency already processes more transactions than all other digital currencies […]

CryptoKitties craze slows down transactions on Ethereum

Image copyright www.cryptokitties.co A new craze for virtual kittens is slowing down trade in one of the largest crypto-currencies. CryptoKitties lets players buy and breed “crypto-pets” on Ethereum’s underlying blockchain network. The game’s developers told the Bloomberg news agency that CryptoKitties was a “key step” to making blockchains more accessible. But its popularity has underscored […]

Coinbase Halts Litecoin And Ethereum Transactions

Samuel Rae · December 12, 2017 · 2:45 pm Coinbase just halted Litecion and Ethereum buy and sell transactions, seemingly driven by the huge volume seen in each over the last twenty-four hours.  Digital wallet company Coinbase just announced on its status page, here, that as of 11:04 PST, Ethereum buys and sells are temporarily […]

Micro Raiden: Free Transactions on Ethereum Network Now Live

Micro Raiden, the Ethereum based, off-chain micropayments component of Raiden has just gone live. The aim of the project at the moment is to offer fast unidirectional payments. As it stands, it costs zero gas to transfer fees in this network. The people behind Micro Raiden describe it as an off the shelf payment channel […]

CryptoKitties craze slows down transactions on Ethereum

Image copyright www.cryptokitties.co A new craze for virtual kittens is slowing down trade in one of the largest crypto-currencies. CryptoKitties lets players buy and breed “crypto-pets” on Ethereum’s underlying blockchain network. The game’s developers told the Bloomberg news agency that CryptoKitties was a “key step” to making blockchains more accessible. But its popularity has underscored […]

Viral Cat Game Responsible for Huge Portion of Ethereum Transactions

Cute, cuddly kittens are taking over the Ethereum network, and are presently responsible for 4% of the transactions taking place on the so-called “world computer.” That’s right, the smart contract platform that could potentially disrupt multiple industries is now playing host to a viral cat game. The game, CryptoKitties, launched just a few days ago […]

Ethereum Network Leads in Transactions

Toward the end of 2017, the competition is on between cryptocurrencies to provide a number of transactions that could indeed install them as “the internet of tomorrow”. For now, most transactions in Bitcoin and some altcoins are related to payment systems.  But Ethereum goes a step further and handles more connections and transactions than all […]

Confidential Transactions Could Add Anonymity to Bitcoin and Litecoin

Privacy Privacy coins have rocketed this year, fueled by the increasing ease with which bitcoin transactions can be de-anonymized and traced to real world identities. Zcash, which was a $10 coin in January, peaked at $376 in June, while monero started the year at $12 before reaching $136 in August. Now, testing […]

Ethereum Process Approximately Twice More Transactions Than Bitcoin

The Ethereum network now processes twice the transactions than bitcoin on a daily basis, as it settles more than 520,000 transactions per day on average. Since the beginning of 2017, the Ethereum Foundation and the open-source development community of Ethereum have increasingly focused on developing innovative scaling solutions such as Plasma and sharding. Several hard […]

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