Blockchain and Crypto Blog

Ivan on Tech Academy provides latest insights and reports about the blockchain industry.

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Understanding the ETH Hype and the Ethereum Bull Run 2021

Written By Ivan on Tech

Jan 10, 2021

The recent Ethereum bull run has caused quite a stir in the crypto space. Although the continuation of the 2020 Bitcoin bull run is still in full swing, eyes are turning to Ethereum as it approaches its previous all-time high. Some Ethereum predictions even suggest that we could see an Ethereum bull run in 2021 perform in a similar way to Bitcoin's atmospheric rise during late 2017. Many believe that it is only a matter of time before Ethereum embarks on a similarly explosive bull run. Moreover, as the roll-out of Ethereum 2.0 progresses, Ethereum’s infrastructure fundamentals are improving substantially.

In this article, we’re going to look at what is driving the recent price action of Ethereum. Also, we’re going to discuss the future of the Ethereum network, as well as go through some common Ethereum predictions for 2021.

Are you just coming across Ethereum for the first time and would like to gain a better understanding of how the Ethereum blockchain works? The...

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Talking About ETH Gas - Ethereum Gas Explained

Written By Ivan on Tech

Dec 19, 2020

If you’ve just entered the world of decentralized finance, you may be asking yourself: “What is Ethereum gas?” or “What is Gwei?”. Well, you’re not alone! Rarely is Ethereum gas explained to new users or understood properly. Gas is the fee paid to Ethereum nodes to mine transactions. Therefore, Ether gas price is the cost of an Ethereum transaction fee. This applies to any token transacted on the Ethereum network. The Ether gas price can fluctuate dramatically depending on network congestion. This is something that many newcomers fail to understand, and as a result, get "rekt" as a result.

In this article, we’re going to explain what happens when someone pays an Ethereum transaction fee. Also, we’ll explore the dynamics of Gwei and Ether gas price and the function it plays in the Ethereum ecosystem. 

Ethereum is the second-largest cryptocurrency following Bitcoin. Also, Ethereum is the backbone for decentralized finance, with over...

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