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.

Ethereum Technical & Sentimental Analysis 08-03-21

1 hour ago 3 minute read 0 comments xuanling11

Technical Analysis Ethereum opens at $2.6K. It hits lowest at $2.4K and highest at $2.6K and stable around $2.5K. The average transaction fee is $8.47 which is 6.54% increase from 08-02-21. Fear and Greed level is at 55. Here are some highlights to...

Rollercoin: The new era arrived

2 hours ago 1 minute read 2 comments milo70VA

The new era of Rollercoin just got anounced and it´s getting implemented in the webpage at this moment. With it comes a lot of new thing that we were not expecting at all, this different features would help the players to gain more power. They anounc...

Polygon on your Trust Wallet

2 hours ago 1 minute read 0 comments Lucasgaio

Those who follow me know that I am a fan and a user of Trust Wallet and today a news came out that I particularly appreciated. Finally, support for the Polygon network has also been added to Trust! The news was anticipated by a tweet from the officia...

Into the Ether with EIP-1559

2 hours ago 7 minute read 0 comments hifi.crypto

Do you want a chance to win $25 USD worth of Bitcoin, paid straight into your wallet? Click here to read the full rules. Our world has undergone significant change over the past several decades as a result of the ever-accelerating pace of technologic...

Next Olympics should be held in El Salvador and end to the gold standard; Bitcoin for 1st, Ethereum for 2nd and UniSwap for 3rd place

4 hours ago 1 minute read 0 comments Kovichni

Yes yes I'm just joking, but the point of this is to highlight scarcity. Did you know that the "gold" medals athletes win nowadays aren't actually real gold? Due to the scarcity, price and other factors the Olympics of 1912 were the last where the aw...

What to Mine After EIP-1559?

5 hours ago 1 minute read 0 comments Kepters

Effect of EIP-1559 on Ethereum Mining EIP-1559 will be implemented on August 5th according to EIP-1559 aims to change the way gas (transaction) fees work on the Ethereum network. Currently, the more you spend on gas, th...

Ethereum's "London" Hardfork Is Coming Thursday Morning, Here Is Everything To Expect.

5 hours ago 1 minute read 0 comments Justin Horneker

Ethereum's London Hardfork, or backwards incompatible upgrade, is planned to take effect Thursday morning at 7 AM. (you can find the countdown here) At exected block 12,965,000, the London Hard Fork will go live on the Ethereum mainnet after a series...

ZED.RUN; the next evolution in online gaming, Part III — breeding

6 hours ago 4 minute read 0 comments McKayStevenson

If you’re going to play the game and have any sense of success, you’ll have to have at least some idea of what goes into the breeding of horses. But just like in real life, not everything goes as planned. There are four(4) designated types of...

The London Hard Fork is Here: Ethereum Rising

8 hours ago 1 minute read 4 comments The Lynx

What is the London Hard Fork and how will it benefit Ethereum? According to Blockworks, “In software parlance, a hard fork is a split in the underlying base code of the software that takes it a different direction than before. Common in the blockchai...

🐳 Who Is The Most Profitable Ethereum NFT Whale? 🤔 What NFTs Is He Investing in?

8 hours ago 2 minute read 1 comment

  Last week, a 12-year-old England made over $160,000 in Ethereum on NFTs in just 1 day. There is obviously so much potential value in the NFT market for digital art collectors to dig. As a collector, you may want to devise a personal strategy for N...