Vista Network provide no information on their website about who owns or runs the business. The Vista Network website domain (“vista.network”) was privately registered on May 29th, 2017. At the time of publication Alexa estimate that the US is the largest source of traffic to the Visa Network website.

Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain – the classic version preserving untampered history; free from external interference. Ethereum Classic (ETC). Combine this with a referral scheme which pays out commission to successful recruiters and you have the hallmarks of a ponzi scheme.

This suggests that whoever is running Vista Network is also likely based out of the US. Update 8th January 2018 – In a company web conference held on January 6th, in response to the recent regulatory crackdown on and, the CEO of Vista Network is revealed to be Armen Temurian. According to his Facebook profile, Temuian is based out of California in the US. Other MLM opportunities Temuian has been involved in include Amway,, (Master Distributor) and (Crown Diamond).

Why this information isn’t provided on the Vista Network website is unclear. /end update As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. Vista Network Products Visa Network has no retailable products or services, with affiliates only able to market Vista Network affiliate membership itself. The Vista Network Compensation Plan Vista Network affiliates invest 0.05 to 8 bitcoin and/or ethereum on the promise of a 200% ROI.

Double your Bitcoin and your Ethereum within 80 days or less through an automated Dual Coin Platform, with payments and deposits being encrypted automatically with the ultimate Vista Algorithms. Vista Network affiliate ROIs are paid out at a rate of 2.5% a day, meaning 200% is reached in 80 days. Referral commissions on invested funds are paid out via a binary compensation plan. A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right): The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions). Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow. Vista Network track new investment volume on both sides of the binary team.

At the end of each day new investment volume is tallied up, with affiliates paid a percentage of funds matched on both sides of their binary team. The owners very open about who they are and all available to talk to. No they aren’t, there’s zero information about them on the Vista Network website. You can google all of them. If there’s nothing to hide, why doesn’t Vista Network disclose information about company ownership on its website? You can also walk in and visit their office in L.A and watch them trade live like we have. Vista Network also fail to provide any address, in LA or otherwise, on their website.

But alright then, let’s play along. If you did visit Vista Network management at an LA office, did you ask them why they’re offering a security in the US and aren’t registered with the SEC? You’re full of shit son.

I am currently watching a whole group of people on Facebook being drug into this by the admin of a certain FB group. The post showed a picture of a generic PC graphics card with a headline that reads: “Revolutionary Crypto Mini-Mining Launch – To Mine $400-$800/mo with EACH UNIT”. So I commented on the post that, “Im sorry, but what does a picture of a generic graphics card have to do with Vista? I sure hope those aren’t what they are using because a real miner looks like this: (Posted a pic of an Antminer S9)”. The admin of the group commented back, “Lets not get too technical” LOL. I did not think I was getting too technical, as this post is saying that a generic graphics card will mine $400-$800 per month with each unit!

So already, misinformation was being posted to lure people into this and a whole bunch of people were commenting that they are “IN”, “just signed up”, etc, etc. Only a couple of people have so far stopped to wonder about this company because of my subtle “hint” in my post, questioning the pic of generic graphics card as opposed to a real mining machine. I declined to comment further. Hello Behind Mlm. Thank you for your article. I feel your article is very lopsided. You have a clear picture of my face and my name and my information is clearly available on every social media platform.

It wouldn’t be difficult to find me and do a real interview before jumping into conclusions. We are the first company in this space doing it right and practicing good business practices. (Ozedit: attempt to take discussion offsite removed) How many Crypto Compmay CEO’S or Co-Founders have you meet who approached you with open doors and open arms as I am doing so today? Would love to have you as a guest at VISTA to share our Vision and Mission as we emerge as the first and truly real bitcoin affiliate program play globally. Temurian, CEO CO-FOUNDER VISTA NETWORKS TECHNOLOGIES USA. You have a clear picture of my face and my name and my information is clearly available on every social media platform.

Why is it not provided on the Vista Network website itself? It wouldn’t be difficult to find me and do a real interview before jumping into conclusions. I publish reviews from the perspective of due-diligence based on publicly available information. I do not recommend anyone conducting MLM due-diligence interview the owner of a company for basic information.

The failure to provide this information is a reflection of management either deliberately keeping a low-profile or having no clue how to run a business. How many Crypto Compmay CEO’S or Co-Founders have you meet who approached you with open doors and open arms as I am doing so today?

Instead of posturing with meaningless gestures, how about you confirm whether you or Vista Network are registered to offer securities anywhere in the world? We have stoped offering these products to people. Instead we purchased the following platforms higher.org travelada.com created the VISTA mining pool launched indexcoin.com a federally licenced exchange in Mexico And we will launch our own poloniex style exchange in the US next month and created and now launching the first world’s “mini miner” dedicated to take mining to the homes of people where we can sell them a real super mining machine they can plug and play and mine on their own. We didn’t start perfect sir but we changed things and we made it right and compliant. We are the first to achieve this. You will be proud of what we have done here at VISTA. We are disappointed with these ponzi schemes and we will be the first company to try to change this and be the example.

Armen Temurian. You got your answer, Vista isnto offering securities and therefore SEC registration is N/A.

As at the time of publication of this review, Vista Network had or intended to launch a bitcoin Ponzi doubler. That was a securities offering and required SEC registration. Till I see a new business model, Vista Network is just another abandoned scheme due to the recent regulatory crackdown on crypto Ponzis in the US. Furthermore, your misguided focus relating to the CEO not publishing his extensive resume or putting his face on a website to prove ownership is absurd Nope.

Basic MLM due-diligence. Have you guys seen the mini mining machine they want to release. I had Armen, the CEO calling me names and all kinds of nonsense on one of my Live Facebook videos for calling him out on this nonsense.

He wants to fly me down to California to do an interview at their headquarters and prove me wrong about their mining machine. I highly doubt they are going to let me test their machine in the manner I would like. They have refused to send me one to test, but will fly me down first class and put me up in the Hilton. So they obviously want to control the testing conditions. I want to take one apart, format it, install linux, and check it’s real hash rates.

Not gonna let that happen. Their machine is a joke.

Basically it is a $45 Raspberry Pi that they are selling for $995 Seriously, hit up my link and watch that video if you want a good laugh. I have little against an MLM business model, but these guys are just swindling people that don’t have technical knowledge in computer hardware and crypto mining and it is sickening. Video: youtube.com/watch?v=KM0A0YAYDN0 Cheers guys 😉. Some of my thoughts about the article and the conversations that followed. I have been in companies that told you who was behind the company and product that turned out to be a scam and I have been in companies where you did not know who the founder and CEO was that were great companies. This is an easy way to discredit a company regardless of if they deserve it or not. Once the CEO was identified and even responded to your concerns, your response was basically that you do not have the time to correct the information here.

Many will not read the comments below and will nt see the responses. So you have plenty of time to reply to comments here (and I am sure on other pages on your site) but no time to correct errors. This seems as scammy as the issues you were questioning – You try to discredit them but have no time to correct your errors makes your articles without value and not worth reading more of them.

He will not send equipment to someone who admittedly wants to reverse engineer it – no brainer. The CEO takes the time to reply while while redesigning the website, the company and the product, but you do not have the time to take 10 to 15 minutes to correct a few lines in an article. Makes me wonder which one of you realy is the scammer. Some hate MLM and some are overzealous to protect us, but ethics demand that you correct the article or admin that you do not care if it is correct.

I have been in companies that told you who was behind the company and product that turned out to be a scam Nobody said knowing who’s behind the company guarantees it isn’t a scam. Basic MLM due-diligence: If the company isn’t upfront about who’s running the show that’s a major red flag. Anything you read further into that is on you. Once the CEO was identified and even responded to your concerns, your response was basically that you do not have the time to correct the information here. No, I said I’d flag the review for an update but it’d have to wait. Consequently I’ve visited the Vista Network website and there’s nothing to update.

So you have plenty of time to reply to comments here (and I am sure on other pages on your site) but no time to correct errors. What errors would those be? This review is date-stamped and as at the time of publication Vista Network was an 80 doubler Ponzi scheme. I assume Armen thought he could quietly get away with Ponzi fraud but dropped the doubler model shortly after the review was published. That’s not on me. Those are the facts and this review won’t change. If I publish an update it’ll be a 2.0 review with a new date-stamp.

If Vista Network are going the mining pool route they’ll still need to register with the SEC, but as of yet I’ve seen nothing official since the Ponzi doubler model. He will not send equipment to someone who admittedly wants to reverse engineer it – no brainer. They said it is patent pending. A patent filing is public information. They will not give us the patent filing number, and say it’s all top secret which makes no sense. We don’t need to reverse engineer it, just need the patent filing number. Everything that is needed to know is in it I’m calling their bluff.

But Armen already admitted to me that it is in fact a Raspberry Pi 😉 They also say they have a patent pending compensation plan?? And 2 other big companies have this same compensation plan.??

My head hurts. Hey Im just gonna say sincere “Thank you” to Oz and Armen and jesse too. For all of you are here together because u are all looking out for the little guys.

Reaspects to Oz for retracting the statement calling our CEO a scam. Everything will become clear when its time. Thanks Armen especially for taking the time to defend Vista again. I enjoyed that faith was all it took for you to finally be finished with the impossible.

I cant wait to see how much more incredible this will eventually be. All these times I only wished Jessee was already a signed member in the chat.

Im sure he would make ken really happy every day. I don’t think we have anyone more passionate than that. Bro u got heart man. So if it turns out you were wrong please accept my invite to join us. I bet You will be tons of fun to have around. Oh BTW all’ya blowing smoke and shit out of ur asses. To be honest i cant believe what was being argued over.

Due diligence ma ass. As if anything can be proven these days lol boy do we all deserve a day in hell for being this stupd. Mining is not but those running companies do. Its all about greed and I do have high hopes with Vista wanting to be the first to show the world that not only it is possible to be fair. It is also possible to be generous. But that’s a big hat for any man to fill., no doubt Vista had its disappointing moments but that’s life. It affects some more than others.

I never believed the bullshit advices that are plastered in goodwill. Like diversify aor playing with money u can lose these are just the bullshit net leaders spins to protect their self interest. Team members aka assets, if only they could brand their team members most would. Hypocrites is what they are. I hope to see a day where they are cast aside along with those self proclaim mentos. I believe at this rate we are going the days will be sooner than i hoped.

Now finally Vista is launched but it is still not without issues, I am a fair person who do not take sides. I agree that many misunderstandings could have been avoided and better handled. I will update u guys again with regards to the mini miner as it is the one piece of equipment that warrants any attention which sets the company apart. Its not greed to believe in something good and not necessary that if its too good to be true it has to be fake. No venture u remain dosnt mean u cant gain by staying as you are. Its a simple life.

No reason for one to always be right about anything. I knew Bcc was a scam from the start simply because they never existed to being with. Who on earth would defy the hackers and retuen when hell broke loose only to do refunds? When everyone rushed in to sell I rushed in to buy, I Ki could not buy fast enough what most re selling it till the day she sinks.

I still hodling my coins and am waiting for it to hit the 1$ mark. I am also grateful for Laser. It took me out of a bad place when I needed the assistance.

Its sad that they chose to go but in life that’s how it is. We all change. Nothing is constant.

Silly questions are still questions asked by the ignorant, by the cynical, or simply as a form of rhetorical i enjoy silly questions more than the having the questions i have no answers to hahahahah. And to ur question. I rather go another round with Laser than to have another idiot walk up to ne asking e for my empty wallet so that he can hook me upo to his mining rig. I once string a guy for 2 weeks to hand over my wallet trying to understand the logic behind it.

I had to ask questions he had no answers to making upp answers for him as w go along well most of them simply shapeshift but i met 1 who changed his ways. It was a rewarding enough. If u enjoy silly questions i had tons of them alongside silly answers those 2 weeks lol. Let me rephrase.

I suspected BCC was a scam but was only sure the day they ran. But i have hopes to see them back. What im saying is it takes faith to join such companies. And its takes greed and selfishness to only join after seeing how others profits. Scammers do a lot of harm but no less them legit companies. But scammers i think are honest. They work so near the line i can hardly tell the difference.

Look at questra they would buy an entire building and hire trainers to setup the scam so what good is DD anyways? I JUST APPRECIATE THAT SOMETIMES THE ONES WITH A BIT OF HUMANITY DO DROP HINTS PIOR LEAVING. I once was so tired of them shit i went right up to one and ask out right when is he shutting down and how much should i put in in order not to be burnt he actually told me craZY SHIT PPL DO THESE DAYS. : Funny how people who admit they have a history of participation in Ponzi schemes are now looking at Vista Network.

Nothing suss. Any maybe if you bothered to ask more “silly questions” in the first place, you wouldn’t still be running around chasing Ponzi dreams from one scam to the next.

ICAME FROM A DIFFERENT PLACVE. GOT SCREWED AND INCURRED A HUGE NEVER ENDING DEBT., KLOST EVERYTHING and i did no wrong. Life just had too many lemons. U wont believe that thses shit can happen. Its not something i chose to do but it was an eye opener for me. Just say i have yet burnt anyone nor any company. Had oppunitirs i had to kck myself for turning down.

I have mypride and my interigty,, and i anser to no one. (Ozedit: solicitation for recruitment removed). My rule of thumb. Research their cost of invstment and go in fasdt like a good entrypoint is impt, ands ext fast. Hence when ever i ask nobody would join ab=nd by the tiem i am leaving ppl are signing up and blaming me for being selfish not letting them in.

I join many projects not simply for the gains alone. Else id be rich by now.

Its all self taught for me. I came into this world alone after getting screwed in RL even amazon screwed me if u know how i could counter sue please enlighten me. I am still too broke for an american lawyer as counsel. I had made many enemies and allies alike. U do tell it like it is, definately a pleasure hearing ur opinions thsts for sure esp the advice.

Well i do agree the machine is incredible but all u have is a speculation nothing concrete. I am also upset Armen not letting me in on it but i guess nobody would show ur cards til u called his bluff. Im also waiting and vista 2.0 did occur but in all honesty its not as great as i hoped for.

I will not accuse anyone without proof and you shouldn’t too. Calling it a hoax is as bad as convincing ppl its real.

All im saying is time will tell. And life has taught us enough that only if u are greedy u get burnt. Its true when i say scammers are honest. Usi did confront many trolls but left ethans report alone. Everyone has a past.

And thats what defines us. Until today they still stand, but for hoe long? Again time will tell. @whale but if its true.

Will you join then? But it’s not true, won’t be true, and is not possible to be true. I demonstrated all the evidence necessary, and Vista is no longer worth my breath.

All I can say is do your own research. People who do not understand hardware technology, or how mining really works, are going to be duped into thinking this device is actually mining, and people will make millions off that ignorance. Wish you luck in your road to riches, but I’m not interested in taking advantage of peoples’ lack of technical knowledge.

Ethereum Project's logo Denominations Ξ ETH Subunits 10 -9 Gwei 10 -18 Wei Coins Balances from accounts to be debited/credited, in Wei, non-UTXO scheme Development, Implementation(s) Various, Go reference implementation, Geth, Parity Initial release 30 July 2015 (2 years ago) ( 2015-07-30),, Non-specific. Clients available for,,,, Source model Open Source, 3, Website Ledger Issuance Block and Uncle reward Block reward 3 ETH (non-deterministic) Block time 14-15 seconds on average Block explorer Circulating supply Ξ96,939,025 (as of 12 January 2018 ) Valuation 1,003.65 (as of 23 January 2018 ) 97.46 billion (as of 23 January 2018 ). Ethereum is an, public, -based platform and featuring (scripting) functionality.

Along with, Ethereum is considered to be one of the pioneer platforms in and technology. Ether is a whose blockchain is generated by the Ethereum platform. Ether can be transferred between accounts and used to compensate participant mining nodes for computations performed. Ethereum provides a decentralized, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. 'Gas', an internal transaction pricing mechanism, is used to mitigate and allocate resources on the network.

Ethereum was proposed in late 2013 by, a researcher and programmer. Development was funded by an online that took place between July and August 2014. The system went live on 30 July 2015, with 11.9 million coins 'premined' for the crowdsale. This accounts for approximately 13 percent of the total circulating supply. In 2016, as a result of the collapse of project, Ethereum was split into two separate blockchains – the new separate version became Ethereum (ETH), and the original continued as (ETC). The value of the Ethereum currency grew over 13,000 percent in 2017.

Vitalik Buterin at in 2015. Ethereum was initially described in a white paper by, a programmer involved with, in late 2013 with a goal of building decentralized applications. Buterin had argued that Bitcoin needed a for application development. Failing to gain agreement, he proposed development of a new platform with a more general scripting language.: 88 At the time of public announcement in January 2014, the core Ethereum team was Vitalik Buterin, Mihai Alisie, Anthony Di Iorio, and Charles Hoskinson. Formal development of the Ethereum software project began in early 2014 through a company, ( EthSuisse). Subsequently, a Swiss non-profit foundation, the Ethereum Foundation ( Stiftung Ethereum), was created as well. Development was funded by an online public during July–August 2014, with the participants buying the Ethereum value token (ether) with another digital currency,.

While there was early praise for the technical innovations of Ethereum, questions were also raised about its security and scalability. Enterprise Ethereum Alliance (EEA) [ ] In March 2017, various blockchain start-ups, research groups, and Fortune 500 companies announced the creation of the Enterprise Ethereum Alliance (EEA) with 30 founding members. By May, the nonprofit organization had 116 enterprise members—including,,,,,,,,,,,,,,,, and. By July 2017, there were over 150 members in the alliance, including recent additions,, and. Milestones [ ] Version Code name Release date Old version, no longer supported: 0 Olympic May, 2015 Old version, no longer supported: 1 Frontier 30 July 2015 Old version, no longer supported: 2 Homestead 14 March 2016 Current stable version: 3 Metropolis (vByzantium) 16 October 2017 Future release: 3.5 Metropolis (vConstantinople) TBA Future release: 4 Serenity TBA.

Several codenamed prototypes of the Ethereum platform were developed by the Foundation, as part of their Proof-of-Concept series, prior to the official launch of the Frontier network. 'Olympic' was the last of these prototypes, and public beta pre-release. The Olympic network provided users with a of 25,000 ether for stress testing the limits of the Ethereum blockchain. 'Frontier' marked the tentative experimental release of the Ethereum platform in July 2015.

'Homestead' was the first to be considered. It includes improvements to transaction processing, gas pricing, and security. Since the initial launch, Ethereum has undergone several planned protocol upgrades, which are important changes affecting the underlying functionality and/or of the platform. There are at least two other protocol upgrades planned in the future: 'Metropolis' is intended to reduce the complexity of the EVM and provide more flexibility for smart contract developers.

Metropolis also adds supports for zkSnarks (from ); with the first zksnarks transaction occurring on testnet on September 19, 2017. 'Serenity' should include a fundamental change to Ethereum's consensus algorithm to enable a basic transition from hardware mining () to virtual mining (). Improvements to, specifically, are also said to be a key objective on the development roadmap. The DAO event [ ] In 2016 a called, a set of developed on the platform, raised a record US$150 million in a to fund the project. The DAO was exploited in June when US$50 million in ether were claimed by an anonymous entity.

The event sparked a debate in the crypto-community about whether Ethereum should perform a contentious 'hard fork' to reappropriate the affected funds. As a result of the dispute, the network split in two.

Ethereum (the subject of this article) continued on the forked blockchain, while continued on the original blockchain. The hard fork created a rivalry between the two networks. After the hard fork related to The DAO, Ethereum subsequently forked twice in the fourth quarter of 2016 to deal with other attacks. By the end of November 2016, Ethereum had increased its protection, de-bloated the blockchain, and thwarted further spam attacks by hackers. Further information: As with other cryptocurrencies, the validity of each ether is provided by a, which is a continuously growing list of, called blocks, which are linked and secured using.

By design, the blockchain is inherently resistant to modification of the data. It is an open, that records transactions between two parties efficiently and in a verifiable and permanent way.

A stores the or 'addresses' which can be used to receive or spend Ether. With the private key, it is possible to write in the blockchain, effectively making an ether transaction. To send ether to an account, you need the public key of that account. Ether accounts are pseudonymous in that they are not linked to individual persons, but rather to one or more specific addresses. Owners can store these addresses in software, on paper and possibly in memory ('brain wallet'). Addresses [ ] Ethereum addresses are composed of the prefix '0x', followed by a string of 40 numbers and letters, corresponding to a certain public address.

Like the following example: 0x4DC1bce8Ca44bf34fdE0b26A0ecd5a. Comparison to bitcoin [ ] Ether is different from (the with the largest as of January 2018) in several aspects: • Its is 14 to 15 seconds, compared with 10 minutes for bitcoin. • of ether generates new coins at a usually consistent rate, occasionally changing during hard forks, while for bitcoin the rate halves every 4 years. • Transaction fees differ by computational complexity, bandwidth use and storage needs (in a system known as gas), while bitcoin transactions compete by means of transaction size, in bytes. • Ethereum gas units each have a price that can be specified in a transaction. This is typically measured in Gwei. Bitcoin transactions usually have fees specified in satoshis per byte.

• Transaction fees are generally considerably lower for ether than for Bitcoin. In December 2017, the median transaction fee for ether corresponded to $0.33, while for bitcoin it corresponded to $23.

• Ethereum uses an account system where values in Wei are debited from accounts and credited to another, as opposed to Bitcoin's UTXO system, which is more analogous to spending cash and receiving change in return. Both systems have their pros and cons; in terms of storage space, complexity, and security/anonymity. • Ethereum is planned to transfer to full, currently it is a hybrid between Proof-of-Work and Proof-of-Stake. This scheme is commonly known as Casper Friendly Finality Gadget (FFG), whereas the pure Proof-of-Stake system is known as Casper Correct-by-Construction (CBC). Mining becomes obsolete during Casper CBC, via an exponential difficulty bomb in Ethash.

Cryptocurrency as of 27 January 2018, in billions of. The total supply of ether was Ξ98 million as of January 2018. In 2017, mining generated 9.2 million new ether, corresponding to a 10% increase in its total supply. Casper FFG and CBC are expected to reduce the inflation rate to between 0.5% to 2%. There is no currently implemented hard cap on the total supply of ETH, but it is expected to end at a certain point, and become deflationary.

Markets and stores [ ] Ether can be traded by regular currency,, as well as many online. As of January 2018, at least 150 stores accept ether. Platform [ ] Virtual Machine [ ] The Ethereum Virtual Machine (EVM) is the runtime environment for smart contracts in Ethereum. It is a 256-bit register stack, designed to run the same code exactly as intended. It is the fundamental consensus mechanism for Ethereum. The formal definition of the EVM is specified in the Ethereum Yellow Paper, original version.

[ ] It is sandboxed and also completely isolated from the network, filesystem or other processes of the host computer system. Every Ethereum node in the network runs an EVM implementation and executes the same instructions. In February 1, 2018, there were 27,500 nodes in the main Ethereum network. Ethereum Virtual Machines have been implemented in,,,,,,,, and (currently under development). The Ethereum-flavoured WebAssembly (dubbed 'e-WASM') is expected to become a major component of the 'Web 3.0', a where smart contract and interact with users through a browser. Smart contracts [ ] Ethereum's are based on computer language, which developers use to program their own functionalities. Smart contracts are programming that are compiled down to EVM and deployed to the Ethereum blockchain for execution.

They can be written in (a language library with similarities to and ), Serpent (similar to, but deprecated), LLL (a -like language), and Mutan (-based, but deprecated). There is also a research-oriented language under development called Viper (a -derived ). Smart contracts can be public, which opens up the possibility to prove functionality, e.g. Self-contained casinos. One issue related to using smart contracts on a public blockchain is that bugs, including security holes, are visible to all but cannot be fixed quickly. One example of this is the 17 June 2016 attack on The DAO, which could not be quickly stopped or reversed. There is ongoing research on how to use formal verification to express and prove non-trivial properties.

A report noted that writing solid smart contracts can be extremely difficult in practice, using The DAO hack to illustrate this problem. The report discussed tools that Microsoft had developed for verifying contracts, and noted that a large-scale analysis of published contracts is likely to uncover widespread vulnerabilities. The report also stated that it is possible to verify the equivalence of a Solidity program and the EVM code. Applications [ ] Ethereum blockchain applications are usually referred to as DApps (), since they are based on the decentralized Ethereum Virtual Machine, and its smart contracts. Many uses have been proposed for Ethereum platform, including ones that are impossible or unfeasible. Use case proposals have included finance, the, produce,, and.

Ethereum is (as of 2017) the leading platform for projects, with over 50% market share. As of January 2018, there are more than 250 live DApps, with hundreds more under development. Project applications listed in this section are not exhaustive and may be outdated. • that ensure authenticity and proof of existence of documents: the has developed such a system • Slock.It is developing • Digital tokens to: Dai, stablecoin pegged to US dollar. Decentralized Capital. Spanish bank is also involved in such a project.

• Digital tokens to: Digix • Improved for music: used the technology • Platforms for:, Gnosis Stox • Platforms for: the DAO • Social media platforms with economic incentives: Backfeed, Akasha • Decentralized marketplaces: FreeMyVunk, Etheropt, TransActive Grid • Remittance: Everex • Online: CoinPoker, Etheroll • management: • Secure for the Internet: uPort •: Blocklancer, Ethlance •: popularity in December 2017 caused the Ethereum network to slow down. Enterprise software [ ] Ethereum-based customized software and networks, independent from the public Ethereum chain, are being tested by companies. Interested parties include,,,,,, (cross-border payments prototype). Barclays, UBS and Credit Suisse are experimenting with Ethereum blockchain to automate Markets in Financial Instruments Directive (MiFID) II requirements. Permissioned ledgers [ ] Ethereum-based variants are used and being investigated for various projects. • is developing a permissioned-variant of Ethereum blockchain dubbed 'Quorum.'

It's designed to toe the line between private and public in the realm of shuffling derivatives and payments. The idea is to satisfy regulators who need seamless access to financial goings-on, while protecting the privacy of parties that don't wish to reveal their identities nor the details of their transactions to the general public. • has announced that it has built a Clearing and Settlement Mechanism (CSM) based on the Ethereum distributed ledger and smart contract platform. Performance [ ] In Ethereum all smart contracts are stored publicly on every node of the blockchain, which has costs. Ethereum Classic ETC Mining Pool Server. Being a means it is and is an example of a distributed computing system with high. The downside is that performance issues arise in that every node is calculating all the smart contracts in real time, resulting in lower speeds. As of January 2016, the Ethereum protocol could process 25 transactions per second.

On 19 December 2016, Ethereum exceeded one million transactions in a single day for the first time. • Micro Raiden was launched November 2017. • Buterin and Joseph Poon (a co-author of 's lightning network whitepaper) announced in 2017 their plan to launch a scaling solution called Plasma which creates 'child' blockchains to the 'main' parent blockchain. The plasma project is not without skeptics, specifically Vlad Zamfir (Ethereum's lead researcher on proof of stake) has publicly questioned the plasma project's viability.

• Ethereum engineers have been working on the calculations, and the next step (called Ethereum 2) was presented at Devcon 3. Ethereum's blockchain uses, for security reasons, to improve scalability, and to optimize transaction hashing. As with any Merkle tree implementation, it allows for storage savings, set membership proofs (called 'Merkle proofs'), and light client synchronization. Criticisms [ ] A finance blogger on has pointed out that criminals are using Ethereum to run and other forms of investment fraud. The article was based on a paper from the, which placed the number of Ethereum smart contracts which facilitate Ponzi schemes at nearly 10% of 1384 smart contracts examined. However, it also estimated that only 0.05% of the transactions on the network were related to such contracts.

References [ ].