News from the largest cryptocurrency project since Bitcoin. In this section, you'll find Ethereum news, information about Ethereum 2.0 staking, how the Ethereum blockchain works, and the current ETH price. Read the latest Ethereum cryptocurrency news on ForkNews.
Ethereum is the cryptocurrency with the second largest capitalization. It is preferred by ICO organizers and software developers, but, nevertheless, at the end of the first quarter, its price in percentage terms dropped significantly more than the price of competing cryptocurrencies.
Vitalik Buterin has written a new proposal that could solve the most basic question of the ethereum network: whether there will be a maximum number of Ether coins that can be created. In a new proposal to improve the Ethereum network, the creator of the cryptocurrency shared his thoughts with developers and users of the software on setting the maximum number of coins at 120,204,432. This is exactly twice as many as were sold during the ICO process in 2014.
The price of Ether, the cryptocurrency of the Ethereum network, fell below $500 for the first time this year. This comes days after an SEC commissioner reported dozens of open investigations into ICOs.
The GrosBill store announced that its customers will soon be able to pay for purchases using Ethereum. The management also said that other digital currencies will not be introduced as a means of payment for now.
Robert Opp, head of the UN World Food Program (WFP), announced the start of the development of a financial infrastructure that will allow for more efficient use of blockchain. According to CCN, the organization has already been able to save millions of dollars in banking fees using Ethereum.
The most loyal supporters of Ethereum are going to join forces to create a fund that will help improve the work of various projects on the second largest blockchain in the world.
Some cryptocurrencies are rising in price right now. Ethereum Classic is one of the coins whose rate is growing rapidly, although it is still significantly below its record level. After last week's decline, the situation has stabilized again. Currently the price is $24.
On January 19, at block number 4936270 in Ethereum, the EtherZero fork will take place. Users will receive 116 million ETZ tokens, each equal to one ETH.
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