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.

The Digital Dollar Whitepaper is Here - The US CBDC Project Evovles in the Face of COVID19 and Riots

1 Jun 2020 8 minute read 9 comments bettercallpaul

Hey Everyone!  Probably one of the most important developments in cryptocurrencies, blockchain technology, and economic policy as a whole just occurred on May 28, 2020 with the publication (by the Digital Dollar Foundation, the thinktank tasked with...

🗞 Daily Crypto News, June, 1st💰

1 Jun 2020 4 minute read 0 comments Crypto_Lemon

$10,000 Bull Trap? Why Bitcoin Price Is Now Likely to Pull Back; Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like; The Battle for the Future of Money, Feat. Lawrence Summers, CZ, Michelle Phan, the Winklevo...

Do Cryptocurrencies Look Like Fake Money?

1 Jun 2020 1 minute read 0 comments PassionCryptodotcom

While this may sound like the success of crypto, there are still many concerns regarding decentralized currencies that are not regulated by government institutions. A recent article by a researcher at the Stanford Graduate School of Business reveals...

South Korea to start taxing profits on cryptocurrencies?

1 Jun 2020 1 minute read 0 comments Panzer

As already in many countries a tax on cryptocurrencies might soon be a reality in South Korea.  The taxation will apply not only to profits made from trading but also to bitcoin mining operations and income from initial coin offerings.  But the new l...

The Pi Network & Mining Pi Coins on your Smartphone or Running a Node on your PC

1 Jun 2020 1 minute read 5 comments WhaleTailMining

If you'd like to earn some cryptocurrency using your Smartphone, I recommend checking out the free app called Pi Network. Pi is a digital asset that may be earned by running a light weight application on your smartphone that will not compromise the p...

Discover ERC-721 Collectible Tokens Ξ

1 Jun 2020 1 minute read 3 comments renangeographia

Have you encountered some unknown tokens when accessing your ethereum address through then, I have also come across some of them that suddenly appeared in my wallet, like the 32.000 MNE (Minereum) evaluated in. 32.000 x 0,06 = 1920...

What is a cryptocurrency? | A clear and easy to understand guide for beginners

1 Jun 2020 3 minute read 2 comments NassiroV

  Image Source Defining a cryptocurrency is both simple and complex. Simple, because a cryptocurrency is defined above all as a digital currency that can be exchanged in peer-to-peer on a blockchain or on other public DLT. Complicated, because it co...

How to Get More Money To Invest into Crypto

1 Jun 2020 4 minute read 12 comments johnwege

As I’m sure you’re already aware, we are living in crazy times.  Regardless of your political stance this has been a historic year.  From world wide political tensions, Corona Virus, to the current USA riots. The governments are printing unprecedente...

What is Zerion?

1 Jun 2020 2 minute read 2 comments Alvin Brian Vlogs

Zerion is a non-custodial DeFi Dashboard designed for simplicity, clarity, and user-friendliness. Amongst a sea of competitors, Zerion sets itself apart with its clean and clear interface, its support of top DeFi applications, and its minimally-invas...

Advantages and disadvantages of Cardano cryptocurrency (ADA)

31 May 2020 1 minute read 1 comment Lềm Thị Phiến

1.Advantages: Has a strong development team. The founder has experience collaborating on other successful projects like Ethereum and BitShares. The first blockchain has more than one layer (settlement layer and computing layer).There is no limit on s...