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March 2, 2018
What happens if I sent Ethereum to wrong address? Can I reverse the transaction?
Unfortunately, you cannot reverse a transaction of Ether tokens. Once the tokens are sent to a wrong address, it is impossible to retrieve them unless you know the owner of the wallet. There is no safety measures for Ether transact...
March 2, 2018
Can I send Bitcoin to Ethereum wallet?
No, you cannot send BTC to Ethereum Wallet, or send Ether to Bitcoin wallet. Bitcoin and Ethereum are 2 different blockchain and wallets are not connected. If you wish to exchange Bitcoin and Ethereum, you need to buy and sell the ...
March 2, 2018
Are Bitcoin and Ethereum blockchain connected?
No, they are 2 different network and not connected. Thus, you cannot send Bitcoin to Ethereum wallet or Ethereum to Bitcoin wallet. Transactions between Bitcoin and Ethereum need to be done by exchanging(Buy and Sell). There are...
March 2, 2018
Who created Ethereum?
"Ethereum Project" was first proposed by Vitalik Buterin in a white paper. Since then many people have contributed work to the project since 2013. Starting with presale and mining, recently(2018 March) the organization is working t...
March 2, 2018
What is the difference between Ethereum and Ether?
"Ethereum" refers to the decentralized platform that runs smart contracts for "Ether". On the other hand, "Ether" is a Token used within the network and is created by computerized mining. Users can send and receive Ether and it has...
February 27, 2018
What is the connection/difference between Bitcoin and Ethereum?
Both Bitcoin and Ethereum are Cryotocurrencies. They use almost the same Blockchain technology and decentralized market. They are mined the same way, as users(or so called miners) dedicate their computational power to help processi...
February 26, 2018
Is the mining process of Ethereum same as the Bitcoin's?
Yes, just like Bitcoin's mining, Miners of Ether will be rewarded the tokens for helping the blockchain running. It is called "Mining", but it isn't really like mining Golds, but it's a reward system for users who: Secure the com...
February 26, 2018
How the Mining of Ethereum works?
The mining of Ether works like Bitcoin's mining. Miners get rewarded with new tokens when they help processing transactions, securing the community and connecting all users. Just like Bitcoin, Ethereum community and market is kept ...
February 26, 2018
What is Casper? Is it a new Ethereum?
"Casper" is still under development by the Ethereum Foundation. (February 2018) It is expected to be more efficient and require less mining subsidy. Through the process, the main protocol will be switched from Proof of Work to a ne...
February 26, 2018
When the mining of Ethereum will be finished? How many ETH will there be?
Technically, mining of Ethereum will continue as long as the Blockchain exists. According to the terms agreed by all parties on the 2014 presale, Ether can be mined up to 18 million every year and the yearly issuance if fixed. Abou...
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