The announcement by the AlphaBay Market that they will be integrating Ethereum payments into their systems as of May 1st has elicited an array of mixed reactions from its users.The highly popular darknet market has reached similar altitudes as Silk Road I did during its heyday.Its adoption of a fairly controversial digital currency puts a cap on some of the problems the AlphaBay Market has recently been experiencing, particularly when it comes to payment methods.==> Click here for the AlphaBay Guide and AlphaBay URL <== On Ethereum’s part, this will be considered a monumental victory for a digital currency that has recently been struggling for a solid foothold in a niche dominated by the long-time cryptocurrency favorite Bitcoin and an upcoming rival currency Monero.A lot of the reactions point to a general displeasure at the adoption of what many see as a dysfunctional digital currency on a platform as authoritative as the AlphaBay Market.Concerns over whether the highly censored Ethereum chain is worthy of a darknet market that is fundamentally run by illicit drug and weapons trading are rife.

Many users see this move by the AlphaBay Market as the beginning of a horde of problems rather than the inception of a more efficient payment system.Bitcoin is Still the Leader, But Not for Long Undoubtedly, Ethereum has quite a distance to cover to reach the heights of Bitcoin.However, for the alternative currency to even dream of competing on an equal footing with Bitcoin, moves such as this are necessary.The recent hike in popularity and the price of the altcoin have a lot to do with the AlphaBay Market’s decision to start accepting it as a payment method on their marketplace.Ethereum had previously been suffering from an acute lack of real-life application, but it seems like the AlphaBay Market is determined to make that a thing of the past.Pundits, however, are not expecting it to get the same reception as privacy-centric blockchains such as Bitcoin and Monero.And it is for that same reason that Ethereum is unlikely to usurp Bitcoin from its position as the leading digital currency anytime soon.

That said, the future looks promising for the alternative currency.A Rocky Start Predicted for the AlphaBay Market’s New Payment System It is fairly clear that a lot of AlphaBay Market vendors are not happy with the integration of Ethereum payments.With a track record of at best unsavory hard forks—one particular fork was designed to return stolen money to their owners; not the best approach for a currency that is appealing to a largely criminal user base—not even the proposed Metropolis hard fork is enough to get people excited.Nevertheless, the AlphaBay Market has made a sound decision to finally introduce Ethereum payments.Going by its recent hike in value and popularity, the altcoin currency has finally gotten out of the rut it had previously been in and is looking healthier than ever.Currently, the AlphaBay Market team is in the process of setting up the payment functionality, which has a projected launch date of May 1, 2017.Vendors on the platform will be expected to manually enable the payments by going to the account settings.

The attitude surrounding Ethereum is unlikely to change soon, especially with its surprising lack of privacy in an industry dominated by privacy-centric competitors.Nevertheless, the AlphaBay Market users may be more accepting of the currency once the Metropolis hard fork is finally implemented.The hard fork currently has no official launch date as of yet, though.bitcoin difficulty highAlphaBay Market will set a Precedent for other Darknet Markets AlphaBay is currently being watched by other markets that are waiting to see how their move plays out in the long run.ethereal vs etherIf successful, the popular drug-fueled darknet market will be considered a trendsetter and will consolidate their position as the world’s most popular darknet market.litecoin 100 usd

If not, it will be clear that the power to make or break any large darknet market lies squarely in the hands of the consumer.A lot of their success is clearly dependent on Ethereum’s proposed privacy-enhanced hard fork.★ ★ ★ ★ ★ AlphaBay Market Announced They Will Accept Ethereum, / 5 (1 votes)preis pro bitcoin[I aim for a relatively comprehensive list of Ethereum sales, but make no warranty as to even whether they are legit; as such, I thus likewise warrant nothing about whether any will produce a satisfactory return.bitcoin gambling open sourceI have passed the CFA exams, but this is not investment advice.bitcoin tyranny  / instead of blog.status.im, it’s because Status takes OpSec quite seriously in advance of their token sale.Follow me on Twitter?best bitcoin ticker android

@evan_van_nessThis newsletter is supported by Status.im.But in case you still want to send Ether (or tokens?):  0x96d4F0E75ae86e4c46cD8e9D4AE2F2309bD6Ec45Did someone forward this email to you?Sign up to receive the weekly email.The distributed ledger technology (DLT), simply known as blockchain, is among the most intriguing technologies in recent times.bitcoin die presseWhile Bitcoin introduced the blockchain technology to the world, Ethereum that has been revolutionizing its enterprise use.Here we try to understand the amalgamation of the two—Enterprises and Ethereum.In 2014, Vitalik Buterin introduced Ethereum to the world as a decentralized platform that runs SmartContracts and Decentralized Applications, but without downtime, censorship, fraud, or third-party interference.bitcoin wie geld verdienenThe platform employs Ethereum Virtual Machine and the Solidity programming language, which enable secure and efficient transactions.Over the years, Ethereum has garnered admiration and evoked immense interest across enterprises.

Accenture observes, “Every self-respecting innovation lab is running and experimenting with Ethereum, including IBM, Microsoft, JP Morgan, and the R3 consortium.”Ethereum is supported by Microsoft Azure and Alibaba Cloud to encourage innovation and adoption of the technology.However, the efforts remained scattered until the formation of the Ethereum Enterprise Alliance (EEA) in 2017.The EEA brings together enterprises, startups, academics, technology vendors, and experts to work on Ethereum as an enterprise-grade technology.Its founding members include names like Microsoft, Credit Suisse, Intel, JP Morgan, UBS, Santander, ING, CME Group, BNY Mellon, Accenture, and Wipro.Some of these names (such as Microsoft, JP Morgan, and Santander) have been actively involved in exploring the blockchain technology in the recent years, while others are looking at becoming a part of the revolution that’s underway.Microsoft believes that Ethereum is “evolving to address the needs of enterprises globally.

Focusing on requirements like privacy, permissions and a pluggable architecture while retaining its public roots, Ethereum continues to widen the scope of what developers, businesses and consortiums can achieve.”During Consensus 2017, Ethereum Enterprise Alliance added another 86 members—taking the total count to 116.EEA now represents well-known names from across different regions and industries, such as Mitsubishi UFJ, DTCC, Deloitte, Samsung SDS, Infosys, Toyota Research Institute, National Bank of Canada and Merck KGaA, among others.In terms of specific use-cases, Toyota believes that the blockchain can help accelerate the development of autonomous driving, and even lower costs to customers.Meanwhile, Merck, the oldest chemical and pharmaceutical company in the world, is looking to equip itself for the future digital markets in health care and life sciences.Infosys finds “Ethereum to have an extremely promising architecture for smart contracts, scalability, and network security.” Deloitte’s Eric Piscini said, “We have been investing on the Ethereum platform for a while.

We are excited to actively contribute to the Enterprise Ethereum Alliance and drive blockchain adoption globally.”Overall, the Ethereum blockchain technology has the potential to increase transparency in supply chains, improve banking trade settlement latency and create peer-to-peer markets without centralized intermediation.Ethereum has seen a phenomenal surge in its price since the beginning of 2017, rising more than 2400% from about $8 to around $200 (at the time of publishing) taking its market capitalization to beyond $18 billion.“The Ethereum Enterprise Alliance is just the beginning.The world has woken up to the reality of crypto and its place in modern society.Bitcoin is finite, its ultimate allure.Ethereum is practical and efficient.Just wait and see what comes next,” said Chris Kline, COO, Bitcoin IRA.The firm launched the first self-directed Ethereum IRA in April 2017 and has already collected $3.3 million since then.Hundreds of projects are being built on Ethereum across diverse sectors of the economy.