In 2017, 1,090 decentralized applications (DApps) and more than 700 tokens have been deployed on the Ethereum (ETH) network, Finance Magnates reports May 28. According to Christian Crowley, business analyst of Etherium analytics firm Alethio, an average of around 100,000 new users join Ethereum ecosystem every day. Moreover, Ethereum network processes one million transactions daily, Crowley claimed speaking May 28 at ‘ConsenSys Community Day’ that seeks to promote ETH development in Israel. As per Crowley, there are 29.2 mln unique ETH addresses at the moment. Vanessa Grellet, executive director of ConsenSys, a New York-based Ethereum software company, provided a positive …

Disclaimer: The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com Today, anyone can create a smart contract based on the Ethereum blockchain and release their own tokens. Until recently, the implementation of a particular coin was entirely entrusted to the developer of that coin, and it had rather an experimental nature often accompanied by a number of related problems - including the freezing of investors' funds, hacking of contracts or unpredictable network operation. In this ‘Wild West’ atmosphere, new Ethereum protocols are being created - which are designed to correct the errors …

Line Plus, the mobile platform subsidiary of Japan’s most popular messaging app Line, has launched a joint blockchain initiative - Unchain - with crypto platform Icon, Cointelegraph Japan reports today, May 16. In the beginning of April, Line Plus had also released its blockchain affiliate Unblock in South Korea, in order to integrate blockchain tech into Line’s cross-market system. Line is itself a subsidiary of South Korean search engine giant Naver, but is based in Tokyo to avoid competition from Kakao. Line’s press release notes that Unchain will work with Unblock to bring Line’s blockchain mainnet and its DApps closer …

Decentralized Applications Fund general partner, Sam Yilmaz, warns that the crypto sector is approaching a lean period of lower interest and investment, heightening the importance of VC capital. Speaking to Cointelegraph ahead of his speech at the free International Virtual Crypto Summit on February 26-27, Sam Yilmaz discusses where he sees Bitcoin 2.0 heading in 2015 and the investment climate in the sector. Following 2014's record US$335 million of VC investment into Bitcoin businesses, the first two months of 2015 have seen an even higher rate, which already resulted in US$105.84 million being raised. For many, this VC investment is …