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Ethereum Classic's native Ether token is a cryptocurrency traded on digital currency exchanges under the currency code ETC. [3] Ether is created as a reward to network nodes for a process known as "mining", which validates computations performed on Ethereum Classic's EVM.
Ether (abbreviation: ETH [a]) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. [2] [3] It is open-source software. Ethereum was conceived in 2013 by programmer Vitalik Buterin. [4] Other founders include Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph ...
A higher hashrate signifies a stronger and more secure blockchain network. Increased computational power dedicated to mining operations acts as a defense mechanism, making it more challenging for malicious entities to disrupt network operations. It serves as a barrier against potential attacks, particularly the significant concern of a 51% ...
Buterin is the inventor of Ethereum, described as a "decentralised mining network and software development platform rolled into one" [24] that facilitates the creation of new cryptocurrencies and programs that share a single blockchain (a cryptographic transaction ledger). [25] [26] [27]
NiceHash is a cryptocurrency broker and exchange with an open marketplace for buyers and sellers of hashing power. The company provides software for cryptocurrency mining.The company was founded in 2014 by two Slovenian university students, Marko Kobal and Matjaž Škorjanc. [1]
Badger is a message authentication code (MAC) based on the idea of universal hashing and was developed [when?] by Boesgaard, Scavenius, Pedersen, Christensen, and Zenner. [1] It is constructed by strengthening the ∆-universal hash family MMH using an ϵ-almost strongly universal (ASU) hash function family after the application of ENH (see below), where the value of ϵ is / (). [2]
Executor is a software application that allows Motorola 68000-based classic Mac OS programs to be run on various x86-based operating systems. Executor was created by ARDI (Abacus Research and Development, Inc.). As of 2005, Executor development has been indefinitely postponed. As of 2008, it was published as open source software. [1]
The DAO was a digital decentralized autonomous organization [5] and a form of investor-directed venture capital fund. [6] After launching in April 2016 via a token sale, it became one of the largest crowdfunding campaigns in history, [6] but it ceased activity after much of its funds - in the form of US$ exchanged for "Ether-crypto coins" - were taken in a hack in June 2016.