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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...
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
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
How many Ethereums will be issued/mined? Is there a limitation?
There is no limitation of issuance of Ether itself. At the beginning, 60 million ether created to contributors of the presale and 12 Million were created to the development fund. Now, up to 18 million ether can be mined every year....
February 26, 2018
When was Ethereum's ICO? How much ETH was issued at first?
Ethereum was first issued in 2014 after the donations gathered as its pre-sale. *There was no recorded ICO like many other Cryptocurrencies. At first, 60 million Ether were created for contributors and 12 million Ethers to the developm...
February 22, 2018
Is Bitcoin secure? Is there a vulnerability to this Cryptocurrency market?
Bitcoin's Protocol and Cryptography is very secure, and the reason of that is because it is the biggest distributed computing project in the world. In Bitcoin market: No one can manipulate On one can reverse transactions No...
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