While the bitcoin block size is capped at 1MB, Ethereumâs expands and shrinks according to volume needs can you buy bitcoin on poloniex. Through the app, you can both buy and trade Bitcoins as well as store them. On the last day of the year, the value of Bitcoin was $14,129 per coin. Itâs free to deposit fiat currency to buy ethers, but a wire transfer attracts a flat rate fee of $10. After Vitalik published the white paper, he was joined by Charles Hoskinson, Anthony Di Iorio, and Mihai Alisieâamong other developersâto write the code for the platform. Nevertheless, it observes regulatory requirements expected of any financial institution and asks its users to provide identification documents. In addition to developers, thousands of startups using the Ethereum blockchain require traditional talentâsuch as lawyers, marketers, web designers, graphic designers, writers and accountantsâto reach their goals.