Ethereum Max is a new hard fork of the Ethereum blockchain that promises to offer improved scalability and privacy features. The fork is scheduled to occur on January 16, 2020 at block height 9,069,000. Ethereum Max will use the same ERC20 token standard as Ethereum, but will implement a new proof-of-stake consensus algorithm called Tendermint. This will allow Ethereum Max to process transactions faster and with more privacy than the current Ethereum blockchain.
NOTE: WARNING: ‘What’s Ethereum Max?’ is a cryptocurrency investment platform that is not officially endorsed or regulated by any government or regulatory body. It is highly speculative and may involve a high degree of risk. Potential investors should research the platform before investing, including researching the team behind it and any legal or regulatory implications of using the platform. There is no guarantee of any return on investment, and users should not invest more than they are willing to lose.
In addition, Ethereum Max will have a built-in decentralized exchange called Etherdex. The team behind Ethereum Max is led by former Ethereum Foundation member Vlad Zamfir.
8 Related Question Answers Found
Hex is a new Ethereum smart contract that allows users to stake their ETH in return for a HEX token. The HEX token can then be used to earn interest on your staked ETH, or traded on exchanges. The Hex project is the brainchild of Richard Heart, a well-known figure in the cryptocurrency space.
Ethereum Goerli is a public blockchain that is based on the Ethereum network. It is a Proof of Work (PoW) blockchain that uses the Goerli consensus algorithm. The main purpose of Ethereum Goerli is to provide a testnet for Ethereum developers.
In simple terms, Ethereum Mev is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.
As of September 2018, the max supply of Ethereum is not yet known. The reason for this is that the Ethereum blockchain is still in its early stages of development and has not yet reached its full potential. However, the current max supply of Ethereum is approximately 100 million ETH.
sETH is an abbreviation for “synthetized Ethereum”. It is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. sETH is a synthetic asset, meaning it is backed by a real asset, in this case ETH.
An Ethereum Dapp is a decentralized application that runs on the Ethereum network. It is an open source, peer-to-peer platform that allows developers to build and deploy decentralized applications. A Dapp can be written in any programming language that compiles to Ethereum’s virtual machine code.
Ethereum Virtual Machine is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. In 2014, Vitalik Buterin, the creator of Ethereum, proposed building a general purpose blockchain that would be the “world computer”. The EVM would provide a way to create trustless applications, where code could be ran exactly as written and guaranteed to produce the same results for everyone.
Mev is a decentralized platform that allows for the creation, management, and exchange of digital assets. Mev uses the Ethereum blockchain to facilitate these transactions, and as such, is often referred to as an “Ethereum dApp” (decentralized application). Mev was created in 2017 by a team of experienced developers and entrepreneurs with a shared vision of building a better way to manage digital assets.