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.

FREE LITECOIN APP ,Earn up to 0.0100000 LTC Daily , proof inside post!!!!!

1 Jun 2020 1 minute read 1 comment Airdrop Radar

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Crypto race: the most profitable / unprofitable coins of the conflicting May. BTC and ETH continue to grow!

1 Jun 2020 2 minute read 1 comment World Crypto

The past month has been controversial. In April, it was difficult to find a red coin, but this time the lists do not look so clear. For example, in the top 10 coins in terms of market capitalization, only four coins rose in price in the last month of...

What is Ethereum 2.0 and What Will be Its Impact on Proof of Stake Coins?

1 Jun 2020 5 minute read 0 comments Chriss

  After Bitcoin's halving completed on 11st of May, the cryptocurrency industry's switch have now turned to Ethereum 2.0, which will change the consensus algorithm of the network from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Many prominent figure...

What is LoopRing? LRC

1 Jun 2020 5 minute read 3 comments Argentum

LoopRing is a decentralized exchange protocol that runs on top of the Ethereum blockchain, employing an open source protocol. However, the platform does not operate in itself as a decentralized exchange house, but rather offers its users the opportun...

Bitcoin Vs Ethereum PART 1 | Every thing you need to know

1 Jun 2020 3 minute read 0 comments Cryptohem

 In the world the cryptocurrency Bitcoin and Ethereum can be considered as the parent of all the cryptocurrency.For now both ETH and BTC works on proof of stake mechanism. But Ethereum will be change to Proof of stake consensus mechanism after some p...

CoinEx Exchange Celebration Event - 600,000 CET Giveaway.

1 Jun 2020 1 minute read 3 comments FreedomBuilder

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Discovering the Crypto: ETHEREUM

1 Jun 2020 2 minute read 0 comments Crypto Earning

In the last article we talked about bitcoin, what they are and what they are for. Here the link to read the article Today we speak instead of what has been confirmed sinc...

Long term 03/2020 (BTC vs ETH vs Chainlink vs CRO vs other cryptocurrencies)

1 Jun 2020 2 minute read 3 comments Savastano

Long term Crypto 03 / 2020 (period  1 May 2020 - 30 May 2020). BTC vs ETH vs Chainlink vs CRO vs Energi vs Tezos.At the beginning a small note - I was so distracted that on Saturday I already did this article (May 30), in total it turned out good, be...

PhoenixDAO Country Ambassador announcement!

1 Jun 2020 1 minute read 0 comments PhoenixDAO (PHNX)

We’re extremely excited to be sharing the news that we are growing! The PhoenixDAO ‘Country Ambassador’ positions have started being filled and we are excited to see how the team continues to grow!  As you know over the last several months we have b...

Lungprotocol (L2P) - New Round

1 Jun 2020 1 minute read 0 comments FreedomBuilder

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