Ethereum the Space Oddity of Cryptocurrencies

By June 17, 2016Bitcoin Business

In the land of crypto-trading Ethereum has crossed a pivotal point today with the price rising to over $20 USD per Ether. Many people within the cryptocurrency community are steadily watching the rise of the Ethereum network as it has a substantial $1.6 billion dollar market capitalization. But what about the astronaut developers and dApp-spacecraft projects happening on the front lines? There are lots of people who believe there is no altcoin under the sun with as much promise as Ethereum . As traditional markets worldwide are having very turbulent times, it seems citizens of the globe are focused on cryptocurrencies as the next safe-haven. But to many enthusiasts, Ethereum is more than just a hedge because it captivates its audience with smart contract applications, a wide variety of dApps , and its virtual machine is sparking ignitions of innovation. Enterprise businesses are also infatuated with these attributes, the digital currency holds, from companies like Microsoft to PricewaterCoopers and much more.

For instance, a new project announced called “Project Bletchley” that has been published on GitHub, using the Microsoft (NASDAQ:MSFT) Azure platform has got Ethereum supporters intrigued. The project states, “Bletchley is Microsoft’s architectural approach to building an Enterprise Consortium Blockchain Ecosystem. To be clear, this is not a new blockchain stack. It is Microsoft’s approach to bring distributed ledger (blockchain) platforms into the enterprise to build real solutions addressing real business problems while keeping the platform open.” The Bletchley news, alongside the announcement of Microsoft becoming a premiere sponsor of the next Devcon event has underlined the fact that the multinational tech corporation seems to really want to blast Ethereum off these days.

All kinds of exciting news still surround the Ethereum landscape. For instance, there currently is a $115,000 USD bounty for someone to create a Doge/Ether relay at […]

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