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.


Market Niches for Blockchain Ecosystems

4 Dec 2019 5 minute read 0 comments xaviercote

Blockchains depend heavily on network effects, i.e. the notion that networks such as telecommunication services, the Internet, or social networks become more valuable when their number of users grows. This is why ecosystem building is one of the main...

Chess Coin Tokenomics

4 Dec 2019 1 minute read 2 comments manilpwn

Distribution There are 300,000,000 CHESS tokens The distribution will be done as such : 60% for the airdrop and bounty 20% for marketing and project development 15% for team 5% in reserve     Usecase Chess Coin will be used to facilitate the ‘eco-sys...

Top 3 Cryptocurrency Marketplaces

4 Dec 2019 4 minute read 0 comments pheonixdown-dee

Before you jump into the article, Sidekick App are holding a Giveaway where you have the chance to win 1 of 5 Trezor Wallets. You can read up my article on it here, or you can go to the competition page  and take part in the giveaway to have a chance...

Price analysis 4, Dec Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

4 Dec 2019 1 minute read 0 comments haidernasir

Bitcoin, ethereum, XRP and BCH has almost lost 2% in their price, while litecoin has almost gained 1% in its price. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $7,212.37 with a loss of -1.10% in its price in the previous...

VECHAIN TARGETS CHINA W/ NEW PARTNER! - CHAINLINK UPDATE! - NO BULL RUN UNTIL THIS HAPPENS!

4 Dec 2019 1 minute read 0 comments CryptoBitcoinChris

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New acquisition for binance, the cryptocurrency exchange gets its hands on DappReview

4 Dec 2019 1 minute read 0 comments Roberto D.

The news came with a press release released yesterday, according to what has been reported, binance, among the first exchange on the market for traded volumes, acquired DappReview; it is a decentralized App which in turn provides information and revi...

Talking With Bill Ottman About Minds Pro

4 Dec 2019 1 minute read 4 comments Scott Cunningham

I recently had the chance to talk with Bill Ottman again who is the CEO of Minds and dive into what Minds Pro is all about, what you can expect to see from it and the various features it supports currently. Unfortunately, I had some video issues, so...

The Most Interesting Blockchain Applications Today Aside From Bitcoin

4 Dec 2019 6 minute read 4 comments cam_elica_24

With all the hype surrounding Bitcoin, Ethereum, Litecoin and other cryptocurrencies, casual observers tend to overlook the intriguing and revolutionary technology that underpins it -- blockchain. In fact, it’s often been said that although cryptocur...

The long path of Ethereum towards the POS protocol starts this week, waiting for the Istanbul fork

3 Dec 2019 2 minute read 12 comments Roberto D.

It has long been known that one of the main objectives for Vitalik Buterin, the creator of ethereum, is to lead this blockchain to use a POS protocol; however, it is always advisable to state this, it is Vitalik himself who believes that before he ca...

The Ethereum developer Virgil Griffith has been released pending trial

3 Dec 2019 1 minute read 0 comments Roberto D.

Arrested at Los Angeles Airport Last Thursday, Virgil Griffith will be released in a few weeks awaiting trial after a judge ruled that the evidence gathered by the US Department of Justice is sufficient to start the case; the accusation, we recall, i...