Ethereum (ETH) News, Price Predictions, Opinions and Analyses Created by Users

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.

Exploration Shows a Growing Need for Cryptocurrency! Reports of Stellar & Wirex

34 minutes ago 2 minute read 0 comments TheCryptoScientist

New exploration from Wirex and the Stellar Development Foundation recommends that non-easy to use global exchanges could drive individuals towards advanced monetary standards. A developing requirement for cross-line installments and a disappointment...

PolkaBridge - Get 50 PBR for free - Airdrex

38 minutes ago 1 minute read 0 comments Airdrex

$PBR is the native token of PolkaBridge ecosystem. PolkaBridge is a decentralized application platform. One of PolkaBridge’s most noticeable product is PolkaBridge DEX – a decentralized exchange that allows users to swap tokens on Polkadot to other o...

Cryptowriter: Is Cryptocurrency For Everyone?

55 minutes ago 4 minute read 0 comments Thomas Wolf

It has always been in my vision that cryptocurrency would be an asset available to everyone in the future, but now that I think about it... “Never underestimate the power of stupid people.” ― George Carlin We all have that special someone, if not mul...

Axion Auction Day 70 (22 Jan) 105M AXN, 21ETH, 5M AXN/ETH! BIG Plans and Axion Price Looks Bullish!

1 hour ago 2 minute read 0 comments Superman Hype

For Full Information Watch Todays Auction Summary Video: Axion Auction Day 70 (22 Jan) 105M AXN, 21ETH, 5M AXN/ETH! BIG Plans and Axion Price Looks Bullish! Get 10% Bonus Entering Auction 71 - MASSIVE 251 M...

Coinmarketcap 22/01/2021

5 hours ago 1 minute read 0 comments sevillaespino

Well my we arrive to next Friday with the weekend, I hope the market keeps up with us and we have a weekend of good news or stability as well as I wish all my supporters have a nice Saturday and Sunday. Today's market after 3 difficult days has achi...

Could EIP-1559 Make ETH Deflationary in 2021? (1/25/21 Forecast)

7 hours ago 3 minute read 0 comments Crypto Daily FX

Ethereum rallied on Friday, initially falling down to the $1,050 level before turning around and catching a bid, ending the trading session and week on a positive note around the $1,240 area. This is a neutral candle as ETH continues to find buyers,...

Are you buying the Bitcoin dip?

8 hours ago 1 minute read 0 comments Itech

Bitcoin correction may likely continue due to the $1.9trillion stimulus relief fund being awaited to be passed by the US Potential Treasury Secretary Janet Yellen to the  senate for immediate approval. Although, investors are looking at the possible...

CNY + IRS = Atomic Crypto Dump?

9 hours ago 2 minute read 1 comment AlucardLife

The Chinese New Year (CNY) historically corresponds with a dump in crypto. US tax season comes right after. This year is a bit different because of the Plague, however, so the question is will CNY and Uncle Sam make the market bleed in 2021? CNY corr...

Bitcoin less risky than Tesla?

9 hours ago 1 minute read 2 comments Fab G

That's the conclusion of a recent survey: 56% of 627 respondents surveyed by Deutsche Bank last week claimed that BTC price more likely to halve in a year, and 25% said it's more likely to double, according to a report by Marketwatch. Meanwhile, 62%...

How to avoid Cryptocurrency scams

10 hours ago 8 minute read 1 comment Gaelichymns

More and more people are getting interested in Cryptocurrency every day, and with that comes multiple issues that the cryptocurrency community must face. One of the major ones being people looking to take advantage of those less educated, and scammin...