Ether madness?


❄️ ❄️ January 9, 2018 ❄️ ❄️

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THE FEATURE

Ethereum Highs Overshadow New Wave of Tech Issues

The price of ether is shattering all-time highs.

Rising to more than $1,000 for the first time ever last week, the cryptocurrency has reclaimed its place as the second-largest blockchain by total value, days after being temporarily surpassed by Ripple's XRP token. However, as with that controversial market move, the massive uptick in value bears a deeper look from more novice or potential investors.

Indeed, ether's price rise has masked a wave of technical problems – issues that went so far as to cause the cryptocurrency to be taken off a major exchange this weekend. Largely discussed on internal developer channels, reports of the problems to the public have been unusually quiet, scarcely touching Reddit, Twitter and other active ethereum forums.

But what may be most of note is not the scant reaction, but the fairly fundamental nature of the issues, as most relate directly to the most basic operations of blockchains.

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BTC: $14,439.68-3.54% 
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