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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.


Polygon (MATIC) and Blockchain Bridges: What You Need to Know

11 hours ago 2 minute read 0 comments Fazal_Hakim

Polygon (MATIC) has joined the Blockchain Bridges program to explore new opportunities for this asset-backed cryptocurrency. This can be an exciting and profitable partnership. Let’s dig into what you need to know about the Blockchain Bridges projec...

Some Thoughts On The Security Budget: Can It Destroy Bitcoin?

12 hours ago 2 minute read 1 comment ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

The event that brought ETH from Proof Of Work to Proof Of Stake will be remembered for the next 10 years. Bitcoin maximalists have criticized this step as harmful for ETH, due to greater centralization with possible censorship of transactions.In addi...

Crypto Twitter Mad Because Lark Davis Sold?

12 hours ago 1 minute read 1 comment Alucard0x

You idiots are actually mad because someone sold something before you did? Let's take a look at what happened here. A guy who you KNOW is paid to shill projects shilled you some projects. You made the decision to buy. You were watching his damn pocke...

Mining profitability trends toward zero, but miners ramp up production

13 hours ago 1 minute read 0 comments Stormgain

On 2 October, Bitcoin's hashrate reached a record 272 EH/s. As miners continue to introduce new capacity, mining difficulty is increasing. With the coin's price low, that's leading to a drop in mining profitability. The cost of production is close to...

What do you invest in: Coffee, Cigarettes or Bitcoin? | Part 2

14 hours ago 1 minute read 1 comment My life My rules

Coffee, Cigarettes or Bitcoin... which will you choose? Some people smoke cigarettes... Some people drink coffee... and that costs money (about 3 - 6 dollars a day). Before I quit smoking, I used to buy cigarettes every day and often pleased myself w...

Should I DCA? An Introduction To Dollar Cost Averaging

15 hours ago 1 minute read 0 comments Alpharious86

Dollar Cost Averaging  Yes you most definitely should here's why and how to do it. DCA, or Dollar cost averaging is buying smaller amounts of an asset at regular intervals regardless of the price is a popular and well-tested trading strategy that wor...

ETHEREUM HISTORICAL MONTHLY CHART - October 1st, 2022

21 hours ago 2 minute read 0 comments TrevorBalthrop

Helloooooo out there in the world of Crypto! My name is Trevor and today we look at another addition to Ethereum's Historical Monthly Chart for October1st, 2022! If you are looking at this chart for the first time and are a little bit confused, do n...

How and Why You Should Start Paying Salaries with Cryptocurrency

22 hours ago 5 minute read 2 comments Blockchain Dude

Cryptocurrencies have become a global phenomenon over the past few years, with many businesses and individuals getting on board as a way to transact without depending on banks or government institutions. It’s not surprising, then, that more and more...

What Happens To L1 Tokens Today? (06 Oct 2022, Thursday)

22 hours ago 10 minute read 0 comments quantdoge

"What happens to L1 Tokens today?" is a crypto news curator that curates high-quality and insightful Layer-1 Token news for you daily. Here are the news for you today. Recently, we have just launched a news sentiment analysis tool that utilizes mac...

How to earn on cryptocurrency - without losing time and money | Part 1

5 Oct 2022 1 minute read 3 comments My life My rules

  "Money from the air." In 2015, after learning about Bitcoin and learning about blockchain technology, I tried every possible way to accumulate my first Bitcoin. Days were replaced by months, and collecting satoshes from free Bitcoins from cranes br...