Ethereum (ETH)

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Ethereum (ETH) is a decentralized computing platform founded by Vitalik ButerinCharles Hoskinson, and many others. Development began in 2014, with the official release occurring in mid-2015. Described by Buterin as a decentralized computing platform, Ethereum is a more wide-ranging application of the Decentralized Ledger Technology pioneered by Bitcoin

Ethereum was designed with the intention of having a scripting language for application development, which Bitcoin lacks. Dapps (decentralized apps)  are now some of the most intense research and development areas in the digital currency space. As mentioned by Buterin, Ethereum trades some security for versatility, though the development team is working extensively on improving security and scalability. 

Though it does take inspiration from Bitcoin, it differs in many ways. One notable difference is that the consensus mechanism algorithm gives ASICs less of an advantage. Block times range from 10 - 15 seconds as opposed to Bitcoin’s 10 minutes. One notable incident in Ethereum’s history occurred in 2016, when a smart contract flaw resulted in the theft of approximately $50 million worth of Ether. This subsequently resulted in a hard fork, splitting the Ethereum blockchain in Ethereum (ETH) and Ethereum Classic (ETC).

Ethereum itself, like Bitcoin, has inspired many projects, including rival platforms that seek to address the shortcomings of Ethereum. These platforms include EOS and Tron, which at the moment are its two closest competing platforms. Ethereum’s purpose of creating a platform for decentralized applications is its most vaunted aspect, as dapps are widely considered to bring the next era of adoption as specific, well-developed and user friendly crypto-based applications bring legitimacy to digital assets in the wider world.

In this tag, read Ethereum (ETH) news, price predictions, opinions and analyses created by users.


How many people have invested in crypto?

2 hours ago 2 minute read 0 comments ScreenTag

This is an important question, as it shows market share and whether the crypto potential has stagnated. To do this, we will take some data and do some back of the napkin calculations. First, we'll have to count out from the global population those wh...

The Alternatives To Ethereum – “ETH Killers”

6 hours ago 9 minute read 3 comments Scott Cunningham

I get asked all the time about cryptocurrencies that could be “ETH killers” like they are going to replace Ethereum or offer some solution that is way better. My usual two cents is that if all they are offering is better gas fees then we already have...

The second semester

11 hours ago 2 minute read 0 comments Alther

July 1, 2022, is the beginning of entering the second semester of this year. In semester 1, January 1 to June 30, 2022, the condition of a number of cryptocurrencies experienced a fairly large and severe decline in May 2022. Starting with the decline...

Possible Trade Setup - Day Chart - Polygon (Matic)

11 hours ago 1 minute read 0 comments Blue Face

Hey Folks. I got my eye on a possible trade setup for Polygon (Matic) on the Day Chart.  On the Day Chart below I have listed my current current Plan of Action, with a possible Long Entry on or near the Trendline (Support). I would like to see Price...

Bitcoin Poised to Drag Crypto Market Lower | RTWM 1.39

13 hours ago 8 minute read 1 comment Zacharias

RekTimes Weekly Markets Analyst: John N. Gettas 1 July 2022: This past week bitcoin closed the month of June below the 200 week moving average, below the realized price, and with the lowest RSI ever, at a price of $19,925. This equates to a 40% dr...

The Best Platform to Earn Crypto Interest in 2022

13 hours ago 4 minute read 0 comments rexngum

In the world of cryptocurrency, there are many ways to earn a return on your investment. One popular way to do so is by earning interest on your digital assets. Just like with traditional fiat currency, you can earn interest on your cryptocurrency by...

02 Jul: Weekend Recap

13 hours ago 2 minute read 3 comments TheCryptoCurator

“It has been my experience that folks who have no vices have very few virtues.”- Abraham Lincolnbrought to you by STRIKE- Get $10Buy $BTC and Use the Bitcoin Payments Network at Zero CostBetter than Venmo and PayPal combined Happy Saturday Folks! Ano...

Bitcoin's Worst Month Ever - June 2022

14 hours ago 2 minute read 3 comments Allen Taylor

In June, bitcoin had its worst month ever. Here are five reasons why. Some experts are saying the crypto winter will get worse. Is bitcoin a hedge against or the cause of inflation? Deutsche Bank analyst says it will recover to $28,000 by December. O...

Sarcasm Saturday #1 - How bad was the dip of the dip?

15 hours ago 4 minute read 9 comments PVMihalache

Welcome to Sarcasm Saturday!  I am ready for a new series, I am ready to start "Sarcasm Saturday"! I am being humble but I see myself as a Meme expert, or that is what people say. I create memes, I win memes competitions but I also appreciate good me...

DIGITAL MONEY: THE QUEST FOR UGANDA’S CRYPTO ADOPTION

16 hours ago 3 minute read 0 comments frednna

The after math of the bitcoin third halving came not only with the usual bull run but with also unusual crypto adoption that had not been experienced in the space. The strong presence of corporate bodies and institution rooting for bitcoin was the cl...