Tag: rewarded verifying transactions

How Many Nodes Does Ethereum Have

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum has a current total supply of 97,792,824 and a max supply of 120,000,000. Ethereum nodes are responsible for verifying and relaying transactions on the network. As of July 2018, Ethereum […]

What Happens To Ethereum After 2.0

What will happen to Ethereum after the switch to Casper? Casper is a proof-of-stake algorithm that is being developed as a replacement for the current proof-of-work algorithm used by Ethereum. The switch to Casper is expected to be made in late 2018 or early 2019. Casper is a more sustainable algorithm than proof-of-work. With proof-of-work, […]