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Ethereum (ETH) is a decentralized computing platform founded by Vitalik Buterin, Charles 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.
4 days ago 7 minute read CryptoBoomer $6.42 tipped
OmiseGo is a payment network ecosystem that tries to make a “free and open” financial system and combine it with the decentralization concept of the blockchain. OmiseGo is building its network on top of its own Plasma implementation of the Ethereum...
5 days ago 5 minute read starthere $5.96 tipped
Interested in earning cryptocurrency for publishing and reading articles? Join us at Publish0x!** Ready to invest in crypto? Coinbase is a good place to start. Sign up using this link***, buy or sell $100 or more of crypto, and you'll receive $10 wor...
6 days ago 3 minute read starke_kunst $4.06 tipped
There are four stages in the development of the Ethereum network: Frontier, Homestead, Metropolis, and Serenity. Serenity (Ethereum 2.0) should be the final system upgrade as the entire network moves from Proof-of-Work to Proof-of-Stake. Today the ne...
23 minutes ago 1 minute read Danoskie $0.03 tipped
Hello, How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 18/11/2019For crypto's bears vs bulls, the bulls were in control throughout yesterday with +0.13% influence (and most coins gained) but the game just changed some h...
11 hours ago 1 minute read Everythingcrypto $0.09 tipped
Learn How To Claim Free MargiX Tokens Upcoming Airdrops - Learn How To Claim Free MargiX Tokens? Description MargiX is an online system integrated with AI and Bigdata Technologies to provide indexes on demand trading and general-market trading...
11 hours ago 1 minute read Everythingcrypto $0.03 tipped
Learn How To Claim Free PayRue Tokens Upcoming Airdrops -Learn How To Claim Free PayRue Tokens? Description PayRue is a European-based wallet that focuses on cryptocurrencies trading, transfer, and processing. Their mission is to promote the ma...
11 hours ago 1 minute read cryptoscity $0.02 tipped
According to DeFi Pulse, Compound has nearly $103 million worth of crypto locked up in its automated system, which can generate returns for users comparable to interest. Today’s announcement of the Series A follows Compound’s $8.2 million seed round...
13 hours ago 1 minute read cryptoscity $0.03 tipped
Soon the MakerDAO community will be able to issue stable cryptocurrencies backed by various financial assets, in addition to ether (ETH) the Ethereum token. The network developers have launched a new token, the multicolateral DAI (MCD). read more......
22 hours ago 1 minute read OneHashCoin $0.38 tipped
Hello , Today I want to introduce a new upcoming project that is a Fork of Ethereum , it's called 2 Ether. Let's start and see what they can offer for us : Here I present the problems and solutions that they can offer for us : Like we see the probl...
23 hours ago 1 minute read Danoskie $0.20 tipped
Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 17/11/2019For crypto's bears vs bulls, the bulls have taken the market up with +0.13% in the past 24 hours. It's time for the bulls.NB: The prices of these cryptos...
1 day ago 1 minute read Roberto D. $0.14 tipped
These days there was BlockShow Asia, an event dedicated to the blockchain industry that represents one of the reference points for the sector; during one of the last panels also Ciprian Pungila, aBey Foundation Co-founder, who presented a novelty tha...
1 day ago 1 minute read VonMitch $0.05 tipped
Kindom Karnage (awesome early acces in december whoohoo) cool game. If you panning to buy in presale I give casback (up to 9%) if you sing up under me. ask me the reflink in a private message. More cards/items for you—> stronger deck —-> earning tons...
1 day ago 1 minute read Markelele $0.00 tipped
Following our previous blog post where we revealed that one of our GPL Auditors had stepped down from their role we can now reveal the identity of the new GPL Auditor: CyberGrinder We are delighted to have Cybergrinder join up with IDON and get invol...
