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In-depth Analysis: DAO Hack and the split of Ethereum

In June 2016 the Ethereum DAO was hacked and $55 million worth of the cryptocurrency Ether began draining from its account holders. In the days that followed the attack frantic efforts were made to save the tens of millions of dollars at risk. Different options were offered, arguments took place…. tensions within the Ethereum community ran high.

Crypto Investing Tips

Whether you’re just starting out or consider yourself somewhat of a high roller, everyone needs a few tips to help them along the way of their crypto trading journey. Here are some of the best 15 tips that could help you increase your profits and broaden your knowledge.

TRON

Tron was launched in 2017 and is a decentralized blockchain-based cryptocurrency that is open-source. Tron is a platform created, to enable content creators to get rewarded for sharing their own content. Tron’s technology grants access to users looking for entertainment-related content from around the world. The platform (Tron Protocol) also allows users to own, store and publish data.

Monero

Monero is an open-source cryptocurrency that is privacy oriented, untraceable and secure. Monero was originally launched in 2014 by someone under the pseudonym “thankful_for_today” who was a user of the Bitcointalk forum. The currency was formally called “BitMonero”, the name was changed 5 days after the launch to Monero.

IOTA

In Crypto world, where new cryptocurrencies are competing against each other to become 3rd generation blockchain, IOTA follows the totally different Approach. IOTA was launched in 2014 and this Cryptocurrency doesn’t have blockchain, instead, IOTA follows the totally different and unique approach “Tangle”.

Litecoin

Litecoin is one of the first cryptocurrencies and it was created in 2011. Litecoin is the fifth most valuable Cryptocurrency in the world. Litecoin was founded by Charlie Lee who is a former Google Employee. Charlie held some volume of Litecoin which he sold later in 2017 after the allegations that he deliberately use his holding to influence the market.

Dash

Dash is one of those cryptocurrencies which try to overcome the limitations of Bitcoin and offers some additional features. Dash was launched in 2014 with the name of “XCoin” which later became “Darkcoin and now we know it with the name of “Dash”. Dash is a unique fully-incentivized peer-to-peer network which offers some unique features like instant and private transactions.

Ethereum Classic

Ethereum Classic (ETC) is a distributed computing system that is open source, blockchain-based and public, it also has the smart contract feature. The Ethereum Classic name came about from a Hard fork after the DAO hack in 2016. The original Ethereum currency became Ethereum Classic while the new currency took the name Ethereum.