Answer the following questions: Format your paper consistent with APA guidelines. As a team, identify and discuss theaccounting activities involved in the case. Select the key accounting activity involved in the case.
Last updated November 29,1: Ethereum was first conceived in by its founder, Vitalik Buterin. With the first block being mined in JulyEthereum has since become the largest smart contract platform of its kind, and the second largest blockchain of all time as measured by market capitalization.
The rapid price increase of Ethereum has not only attracted investors but developers too. The appeal of Ethereum to developers is unique in that it was the first platform to allow anyone in the world to write and deploy code that would run without the risk of censorship.
The community of developers which have formed around these core principles have led to the creation of technologies that could not have existed without the inception of Ethereum, many of which were never predicted.
Some of the major use-cases of Ethereum so far have been: Initial Coin Offerings ICOs — crowdfunding through the sale of tokens Crypto-collectibles — non-fungible tokens NFTs whose scarcity Eth 376 enforced by the blockchain Stablecoins — fiat-pegged cryptocurrencies collateralized or fiat-backed with their stability enforced by smart contracts Decentralized exchange — the exchange of cryptoassets using Ethereum smart contracts, where the Ethereum blockchain acts as a trustless intermediary These are just a handful of the applications conceived for Ethereum; the most powerful use cases of this blockchain are yet to be imagined.
Read more about the Ethereum blockchain, mining and its surrounding ecosystem in our guide to What Is Ethereum? Ethereum Price History The price of Ethereum has fluctuated wildly in its short history. This dramatic volatility attracted global attention with the mainstream media running near-daily reports on the price of Ether.
The publicity generated has been a major boon for the ecosystem, attracting thousands of new developers and business ventures alike. While the price of Ethereum has faced extreme volatility over the years, it is this volatility which has driven interest. After every boom and bust cycle, Ethereum comes out the other side with a fundamentally stronger platform and a broader developer community backing it.
These fundamental improvements would suggest a positive long-term outlook on the price of Ethereum.
However, longer-term trends are easier to predict, with fundamental metrics such as the total number of developers, community discussion and GitHub pull requests indicating a more accurate future price trend.
Other methods to predict the price of Ethereum include metrics such as Network Value to Transaction ratio NVT ratio and the relative prices between coins. The method that we find most interesting is in that of the Ethereum-based prediction market, Augur.
A full list of the relevant Ethereum prediction markets can be found on our Ether price predictions page. Buying Ethereum has evolved from a niche and slightly cumbersome process to one which has been polished into simplicity.
There are myriad ways to buy the cryptocurrency Ethereum and there is no single correct way of doing so. For a detailed guide to not only the acquisition of Ethereum but the storage and securing of it as well, see our Buy Ethereum guide.
More recently, prediction data from Augur was also added to provide insight into the future price expectations of the Ether market. Price data is currently sourced from multiple exchanges with the weighted average price of these assets being calculated by CryptoCompare.
For more details on the weighted average calculation, see our FAQ. We are always looking for feedback on the platform and user suggestions are regularly included in future releases of this price tracking software.
The website is currently undergoing development to include price data from all ERC20 tokens as well order book data, blockchain usage data and more. We endeavour to keep the site simple to use with clear data visualizations that help investors stay abreast of the latest Ethereum price movements. We are determined to keep this webapp free from intrusive advertising; please share this website and its content!Welcome to r/Ethereum, the front page of the Web 3.
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