Ethereum Blockchain

American video game retailer GameStop has undertaken a significant transformation strategy. The company made waves in January after the WallStreetBets subreddit group coordinated a legendary short squeeze. Moreover, the effort managed to bankrupt some Wall Street giants. Subsequently, GameStop’s meme stock rose to the moon. The gaming retailer has since welcomed a new CEO, Chewy founder Ryan Cohen. Mr. Cohen sees the potential for GameStop to become the Amazon of gaming. The CEO is on a mission to revitalize GameStop’s image from a…

Ethics describes the moral principles that direct an individual’s behavior or how they perform an activity. It draws the line between what is morally good or bad and what is morally right or wrong. Therefore, it would be best to peruse the different cryptocurrency scenarios to determine whether cryptocurrencies and blockchain technology are ethical to society. The increase of 38.38% in cryptocurrency hacks from 2019 to 2020 is an excellent example of its unethical nature. In 2020 alone, there were…

The Ethereum (ETH) price rallied to a new all-time high of $2,544.30 following the implementation of the Berlin hard fork that went live on April 15 at block 12,244,000. ETH, the native cryptocurrency of the Ethereum network, has now logged gains of over 220% since the start of 2021. Over the past few months, the ETH price pump has resulted in increased demand for the network, resulting in ridiculous gas fees and sluggish transaction times.  The blockchain is now pretty…

What Does Ethereum Do That Other Platforms Can’t? Dapps, or decentralized applications, are a part of the whole Smart Contracts ecosystem. Running dapps on the general-purpose, multi-faceted Ethereum blockchain offers added security benefits. Since the transactions are distributed and encrypted across the Ethereum blockchain, there is no central place for a hacker to breach and gain access. It is unanimously considered that Ethereum is perhaps the best platform for building dApps. Thanks to its very own language, Solidity, this enables developers…