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.

Would Ethereum 2.0 be only for 2021? Vitalik Buterin disagrees

1 hour ago 2 minute read 0 comments Shadow Crypto

Would Ethereum 2.0 be only for 2021? Vitalik Buterin disagrees Join LBRY and EARN 1$ just to signup, you can sell it on Bittrex:$/invite/@shadowcrypto:2   A researcher at the Ethereum Foundation said that Ethereum 2.0 might be postp...

The Next Big Crypto Match ups!

1 hour ago 10 minute read 0 comments thunderboltkid

Pick a side IN THE NUMBER #1 MATCHUP OF TODAY AND YEARS GONE BY?  No need anymore with BTC heading below 60% Market Dominance and ETH "Flat-lining" at under 10% Market cap Share. It's crypto "old school' posturing these days, picking sides that is, f...

The world's first virtual currency binary options! 2wayoption!

2 hours ago 1 minute read 0 comments dotstyle

The world's first virtual currency binary options! 2wayoption! Something is going on!  The developer of ICON (ICX), a famous virtual currency project in South Korea, is the operator of 2 Operation of wayoption He said it was related to High-low Aus...

Huobi Pool added NULS & GXChain (GXC) distribution to HPT holders

4 hours ago 1 minute read 0 comments Jakonfire

Huobi Pool added NULS & GXChain (GXC) distribution to HPT holders Houbi now distribute 20 different Cryptos to the HPT hodlers. Sorry if i repeat it again and againt but I can hardly believe how quickly it gets more and more. Since today you also get...

Quick news (NASDAQ,FATF,Binance,ETH2.0,WikiLeaks)

4 hours ago 1 minute read 0 comments lioha369

While Bitcoin is in the side trend, the stock market is growing. The S&P500 index added 30 points while NASDAQ Composite keeps setting new highs and closed this week at $10617. Another all-time high record set by the company Tesla, closing this we...

🗞 Daily Crypto News, July, 11th 💰

4 hours ago 4 minute read 0 comments Crypto_Lemon

This Exchange Crashed Bitcoin Price to $9K: Here’s Why That’s Bullish; DeFi Faces Multiple Challenges On Its Way To Dominate Crypto; Attempted 51% Attack on Bitcoin Gold Was Thwarted, Developers Say; South Korea Brings Blockchain to Healthcare, but...

Can ChainLink grow 80%?

5 hours ago 1 minute read 2 comments Roberto D.

LINK, an altcoin that powers Chainlink's decentralized network, is currently achieving better performance than its main rivals, including Bitcoin, in terms of exchange rates. Not only that: some analysts say they are so convinced that the strength of...

ETH is presenting an interesting "scenario"...

5 hours ago 1 minute read 0 comments toofasteddie

...for a quick short if this pattern finally evolves. I haven't entered yet, first I have to see if it crosses the triggering condition, breakout of the neckline and increase of the price action...The projected price establishes 224 USD as a target,...

Mining Pool Stats & Block Explorer

5 hours ago 1 minute read 0 comments ĒRDNA

List of known PoW mining pools with realtime pool hashrate distribution. TYPES OF CRYPTO MINING Proof-of-Work is a crypto mining protocol that defines an extensive mathematical computation that needs to be performed in order to create a new block f...

VeChain is a next-generation smart-contract

7 hours ago 1 minute read 1 comment ĒRDNA

VeChain is a next-generation smart-contract blockchain platform. Called the Ethereum for Business, combines smart contracts and blockchain technology with RFID (Radio Frequency Identification), NFC (Near-Field Contact), and other IoT devices. It has...