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Top ethereum holders, ethereum rich list

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The top 10 ethereum token holders are or The ethereum richlist is as follows

An open source, decentralized platform running smart contracts, Ethereum was initially founded in July 2015. They aim to run applications precisely as programmed without the scope of any system failure, fraud, third party intrusion etc. Running on a custom built blockchain system, it provides users the services to create markets, store logs of liabilities and move capital in accordance with long given instructions. Ether, a cryptocurrency which can be transferred between accounts, is used to recompense mining nodes for mathematical calculations executed. Worked upon by a worldwide team of dedicated and passionate developers, Ethereum is developed for the Ethereum Foundation which is a Swiss non-profit organisation. It is supported by Linux, Windows, MacOS, POSIX, Raspbian operating systems. Ethereum aims to be sort of a world computer that would not just decentralise but also democratise the current client-server model. It is working on returning the control of the data in numerous services such as Google Docs, Google Sheets etc, to its owner.

The Ethereum wallet, the digital wallet designed for users on the Ethereum blockchain helps one hold and secure Ether and/or other crypto assets which have been built on Ethereum. Not only is it just a digital wallet, it also helps one write, station and use smart contracts. With a total of 5,000,000.00 token supply of Ethereum tokens and a collective total of 2539 token holders, the top 10 token holders account for a total of 4,847,030.06 tokens. This means that almost 96.94% of the total Ethereum tokens are being held by the top 10 holders of Ethereum tokens collectively. Only a small fraction of Ethereum holders i.e. 0.39% make up for the largest chunk of token holders. Ethereum addresses or the addresses of the token holders are composed of the prefix ‘0x’, concatenated with the rightmost 20 bytes of the big endian hash of the ECDSA public key. These addresses belong to token holders who usually like to hold on to these tokens long enough for the network value to take over the conjectural value.

The top 10 ethereum token holders are or The ethereum richlist is as follows:

Rank Address Balance
1 0x281055afc982d96fab65b3a49cac8b878184cb16 1,538,422.801690288194846506 Ether
2 0x6f46cf5569aefa1acc1009290c8e043747172d89 1,510,065.606605753037298732 Ether
3 0x90e63c3d53e0ea496845b7a03ec7548b70014a91 1,507,810.416658365151596003 Ether
4 0x53d284357ec70ce289d6d64134dfac8e511c8a3d 1,378,754.093067888911481302 Ether
5  0xab7c74abc0c4d48d1bdad5dcb26153fc8780f83e 1,000,000.011363125364129408 Ether
6 0xfe9e8709d3215310075d67e3ed32a380ccf451c8 923,964.658275323114330778 Ether
7 0xe853c56864a2ebe4576a807d26fdc4a0ada51919 | Kraken_3 801,159.261933372094865 Ether
8  0x9937dbb2128b55c44d8af7bf36fd76796a814cf4 | EOS-Owner 775,764.614011410664714104 Ether
9  0x61edcdf5bb737adffe5043706e7c5bb1f1a56eea 725,000.00001 Ether
10 0xfbb1b73c4f0bda4f67dca266ce6ef42f520fbb98 | Bittrex 676,216.020648665787404457 Ether

 

A belief mostly based upon the long term scaling solutions provided by Ethereum, it has now been put forward as a wide held belief that in the near future Ethereum would have one of the largest market cap. Ethereum’s transition from proof of work to proof of stake mining will result in a significantly lower environmental footprint.

 

#Ethereum Price Analysis

Ethereum Price Weekly Analysis: ETH/USD negative zone.

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Ethereum price neglected to stay in a positive zone. ETH/USD settled beneath $300 and is confronting resistances close $311 and $320.

Ethereum Price Key Features

  • Ethereum price adjusted higher as of late and exchanged above $310 and $315 against the US Dollar.
  • There is a key associating bearish pattern line set up with current resistance at $311 on the 4-hour chart of ETH/USD (information feed by means of Kraken).
  • The match needs to break the $311 and the $320 resistance levels for more upsides in the close term.

Ethereum price neglected to stay in a positive zone versus the US Dollar and Bitcoin. ETH/USD settled beneath $300 and is confronting resistances close $311 and $320.

Ethereum Price Resistances

In the wake of shaping a base close to the $249-250 zone, Ethereum price began an upside amendment against the US Dollar. The ETH/USD match exchanged higher and broke the $275 and $300 resistance levels. It even moved over the $315 level and exchanged as high as $322. Afterwards, purchasers lost the control, bringing about a new decay. Ethereum price dipped under the 23.6% lie retracement level of the last wave from the $249 low to $322 high.

All the more imperatively, it declined back underneath the $300 level, which is definitely not a decent sign. Be that as it may, the drawback move was ensured by the $285 support. It speaks to the half-lie retracement level of the last wave from the $249 low to $322 high. Ethereum price is at present solidifying over the $285 level and is planning for the following move. In the event that merchants drive Ethereum price underneath $285, it could build offering weight. The following supports are $279, $275 and $262. On the upside, there is a key associating bearish pattern line set up with current resistance at $311 on the 4-hour chart of ETH/USD.

ETHUSD Weekly Price Chart 19 August

ETHUSD Weekly Price Chart 19 August

The above chart shows that Ethereum price must break the pattern line and $320 to pick up energy. The following resistance is close to $340 and the 100 basic moving normal (4-hours).

4-hours MACD – The MACD is hinting at shortcoming in the bearish zone.

4-hours RSI – The RSI is right now just underneath the 50 level.

Real Support Level – $285

Real Resistance Level – $320

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#Blockchain

Ethereum Name Service. How to buy Ethereum Domains Explained

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Using Ethereum Name Service, One can send Ether to anyone by using their Ethereum name instead of the complex and ambiguous hexadecimal address.

How to avail an Ethereum name through the Ethereum Name Service.

Opening remarks

The blockchain technology has developed cryptocurrencies along with many and other industrial domains. The cryptocurrencies are secured with the amazing cryptographic principles, which in turn contains sets of confusing strings that need to be remembered in the form of public or private keys. Therefore, recalling those public addresses each and every time, while initiating any kind of transaction is highly challenging. Especially, in the case of the Ethereum network, as there are provisions available even for the Decentralized Applications and Smart Contracts. The complexities, in this case, are increased by a number of folds and therefore needs special attention. Intelligently, the experts are trying to attach domain names to each and every address through a decentralized initiative discussed below. Let’s understand Ethereum Name Service and its usage.

 

The Ethereum name service Dapp

Widely popular as Ethereum name service is the paradigm incorporated by the experts in order to eliminate the need of remembering long hexadecimal addresses. By utilizing the amazing functionalities provided by the service, one can send Ether to anyone across the world by using their Ethereum name instead of the complex and ambiguous hexadecimal address. For example instead of remembering the address, ‘0x4cbe5826c0480…’ one can easily replace it with ‘tonystark.eth’. This link establishment between two entities is nothing but Ethereum name service and one needs to buy Ethereum names for their respective addresses, as there might be a lot of competition for the same Ethereum name.

 

What is Ethereum name service actually?

ENS is nothing but an Ethereum based Decentralized applications which launched its main net in May 2017. The decentralized applications offer Ethereum name service which absolutely functions with the assistance of smart contracts.  In brief, the ENS, abbreviation of Ethereum name service, has similar goals to that of the Domain name service of the internet but is completely blockchain-based with a different set of capabilities and requirements.

 

Understanding the process of Ethereum name service

Series of steps must be followed by a cryptocurrency enthusiast, in order to obtain the Ethereum name for the wallet or Smart contract. Ethereum name service is obtained by the users through an auction process. The auction process applied, in this case, is a Vickrey auction process. It is nothing but a variant of sealed bid options where the bidders bid a certain amount on a particular Ethereum name without actually knowing the bid amount of other bidders. In this way, the users are open for an opportunity to bid and avail a precise value of the commodity. The steps to avail Ethereum name service is explained below.

1. The first step of the auction, the user bids a certain amount on an Ethereum name that he/she wishes to buy. This process triggers a three-day window time frame. The Other bidders within the community can bid their respective amount on a number of Ethereum names of their choice within this three day period. It is worth mentioning here that none of the bidders knows about each other, the amount, and the Ethereum names they are betting on. In simple words, the process is completely anonymous.

2. After the first step of obtaining an Ethereum name service is completed reveal period of 2 days is put forth before the bidders when they need to reveal their respective biddings. It is important to reveal their biddings and if they fail to do so, it would result in the complete loss of their amount.

3. After a waiting period of 2 days, the highest bid wins the competition and has to pay the second highest amount, and all the remaining bidders who had revealed their biddings would receive back their amount with a deducted fee of 0.5%. As the whole system is powered by Smart contracts, the funds of the winner are stored in a smart contract until he/she is under the control of that particular Ethereum name.

Interestingly, the winner can hold the Ethereum name under the control and when released back to the ecosystem can avail their complete amount refunded back.

Interfaces offering the Ethereum name service

In order to facilitate, the ease of using the Ethereum name service a number of initiatives have been proposed which can be approached to obtain Ethereum names. Some of the most popular ones which assist the users in utilizing the Ethereum name services are as follows.  

  1. registrar.ens.domains
  2. My Ether Wallet
  3. ETHTools’ ENS integration, etc

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#Blockchain

How to Smartly invest in Ethereum? Explained.

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There are a number of strategies that are applied by professionals in order to invest in Ethereum which would indirectly maximize the return on investment.

Comprehending best tactics to invest in Ethereum

Intro

The decentralized applications, as well as smart contracts, were some of the new functionalities that came into the picture with the initiation of Ethereum Blockchain. These features have opened up opportunities for many cryptocurrency enthusiasts, in order to make the best use of these applications for a better financial system. Although the cryptocurrency market is highly fluctuating in nature, the Investments are estimated to be rising as the time passes by. Invariably it is the investments in the cryptocurrency space itself which would assist the market in gaining maturity. But with keeping regulatory concerns in mind, one must be watchful with their investments based on the geographical location. Let’s see how to smartly invest in Ethereum.

Invest in Ethereum

The world’s second largest cryptocurrency coin, Ethereum has proven to be the most reliable option for the cryptocurrency investment for both the long as well as short-term purposes. The cryptocurrency project is fuelled by the visionary, Vitalik Buterin with an ambition of democratizing the development and sustainment of the decentralized form of apps through the smart contract functionalities. Therefore if one chooses to invest in ethereum then he or she is certainly betting on the decentralized cryptocurrency platform of the future.  

There are a number of strategies that are applied by the cryptocurrency professionals in order to invest in Ethereum which would indirectly maximize the return on investment. There are a number of methods available in the cryptocurrency space in order to invest in Ethereum, by buying them through the broker exchanges or peer to peer exchanges.

 

Broker exchanges to invest in Ethereum

A Broker exchange is a professional cryptocurrency marketplace where the users can effectively invest in ethereum bye buying Ethereum with their traditional Fiat currency. One of the most predominant broker exchange which is most commonly used by the Crypto community is Coinbase. It follows a series of seamless steps in order to invest in Ethereum.

The users need to register themselves with the exchange, verify the identity, deposit funds into their account through the traditional wire transfer method and finally, they would be enabled to buy Ethereum through these funds. Choosing this way to invest in Ethereum is highly preferred as the exchanges are highly experienced, reliable, as well as user-friendly in nature. Therefore, it is one of the perfect places for the beginners to invest in Ethereum.

 

Invest in Ethereum through peer-to-peer exchanges

On the other hand, we have peer-to-peer exchanges which can be opted to invest in Ethereum cryptocurrency. This kind of a marketplace is completely end to end encrypted in nature, as the exchange itself is not involved in the process to invest in Ethereum. In this case, both the buyers and the sellers use the peer to peer exchange, in order to undertake the transaction. Major advantages of this method of invest in Ethereum is that there is no identity verification procedure required, unlike the broker exchanges.

 

Invest in Ethereum little by little at dips

Nevertheless, one of the best strategies ever applied and is also a closely guarded secret by some of the most professional Ethereum investors, is to invest in Ethereum in bits and pieces. According to the experts, the users must not invest in ethereum at once but should be carefully looking out for opportunities to invest in Ethereum. The best situation that one can choose to invest in Ethereum is buying Ethereum at its dips.

The readers are recommended to invest in Ethereum during its fall as the cryptocurrency market would certainly recover over time. Now how am I able to say that with such confidence? It is because Ethereum is the second largest cryptocurrency and whose use case would continue to rise, due to its amazing decentralized applications as well as smart contract facilities.

 

Pro top – decentralized exchanges to invest in Ethereum

There are also decentralized cryptocurrency exchanges which can which can be applied in order to invest in Ethereum. They are usually 100% automated as they completely depend on the smart contract functionalities for all of its uses. It is worth mentioning that, Blockonix is one of the most reliable and safest decentralized Crypto exchange that one can count on.

 

Disclaimer

All the investments are subjected to the market risks. As the crypto market is highly volatile, one must invariably conduct an extensive background check and must be taking only the amount of funds they are willing to lose.

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