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.


KuCoin Registration | KuCoin Sign Up | Create An Account At KuCoin Exchange

22 May 2020 3 minute read 0 comments cryptodabbin

  New Registered Users Earn 5 USDT, Sign Up Here! KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has...

New Ethereum fork doesn't have enough support and worries community

22 May 2020 1 minute read 0 comments Shadow Crypto

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22 May 2020 2 minute read 5 comments jiggasaw

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22 May 2020 2 minute read 0 comments NEi364

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How to stack crypto to the moon (Pt 1) [Bitsler]

22 May 2020 1 minute read 2 comments jiggasaw

There are some days where I fear that that Bitsler will stop being so generous and I will stop making such huge profits on this site, but that has not happened yet. Bitsler has come a really long way since it first launched and now runs circles arou...

DAILY CRYPTO NEWS AND RECAP On 21st May 2020

22 May 2020 1 minute read 0 comments Creativeboy

Coin news   Bitcoin Market Wrap: Traders ‘Buy the Dip’ as Bitcoin Hovers at $9,000! by coindesk.comBitcoin fell for a second day as sentiment grew bearish, though some traders say they’ll buy the dip. ... Bitcoin News Roundup for May 21, 2020! by coi...

How BlockFi is Compensating SOME Users For The Personal Data Breach - And Not Others

21 May 2020 3 minute read 25 comments Wantandable

For those who aren't in the know when it comes to BlockFi. They are a custodial platform whereby users can store their cryptocurrency and receive interest on crypto-assets, as well as borrow against crypto on the platform to achieve favorable interes...

Open finance for crypto beginners

21 May 2020 13 minute read 0 comments Kris Urbas

This article is not financial advice. Always do your research and decide yourself what is best for you. You take all responsibility for your actions. I’ve been researching open finance since its origins in early 2019. I’ve been reading, learning, te...

Rise of Social "Money"

21 May 2020 4 minute read 2 comments Market Militia

Opinions expressed in this article are not financial advice. Please always do your own research before making a significant investment.   If you visit one of the many websites providing data on cryptocurrency markets you will notice that there are th...

Ethereum is not DeFi but DeFi is Ethereum

21 May 2020 3 minute read 1 comment paragism

Cover Image source DeFi or decentralized finance is the latest buzzword in the crypto world. DeFi was non-existent a few years back and today it is literally a revolution in making. Some defiant individuals with common mindset came up together in the...