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.


Application of EDC in the Gaming Industry

23 Aug 2019 3 minute read 0 comments afif

   One of the most industries that will change rapidly in the near future is gaming, especially video-games or e-sports. Game giant development companies like NCSoft, Tencent, and Valve have been using their own digital currencies for some time now...

23/08/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, PVT (pivot coin), DAI, XRP, EOS

23 Aug 2019 1 minute read 0 comments Daniella Blog

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.NB: The prices of these cryptos are based on the time I posted this post. Only one of them is a stable coin which is DAI.Sources: Binance, Coinbase and Pivot app>COIN>PRI...

Security Tokens vs. Utility Tokens: What are the Differences?

23 Aug 2019 5 minute read 0 comments MintDice.com

Blockchains are proving to be incredibly useful, and are estimated to reach a market size of more than $7 billion by 2024 according to Grandview Research. They are also set to drive many operations that were seen as inefficient in the past. Although...

MasterCard is Looking to Hire its Own Crypto Team!

23 Aug 2019 1 minute read 1 comment nejibens

According to the report posted in the New York Post on Saturday ( Aug. 17), Mastercard announced it is in the midst of planning its own cryptocurrency team. Mastercard Senior Vice President Seth Eisen said Mastercard is always on the lookout to creat...

Unofficial Gods Unchained Weekly Recap (Aug 16th-22nd)

22 Aug 2019 3 minute read 0 comments CryptozNewb

Gods Unchained is an online, collectible card game with true ownership of your cards. The card information is stored on the Ethereum blockchain while the game runs off-chain, so there are no transaction fees involved when playing. The game is free t...

Quick Study Of Proof Of Work By Shadda

22 Aug 2019 2 minute read 0 comments arshad1214

Today I am going to discussed a very basic topic of blockchain and cryptocurrency that is called proof of work(POW). I will discuss at very basic level That will be very helpful for the beginners in blockchain and cryptocurrency Technology. So let's...

Authoreon: Protecting Authenticity and Trust

22 Aug 2019 1 minute read 0 comments nejibens

We are talking today about Authoreon, one of the most successful projects specialized in protecting authenticity and trust. Authoreon was founded in April 2017, and launched an ICO in the same year ( 19 Aug-31 Dec) which was successful and raised $1....

22/08/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, PVT (pivot coin), DAI, XRP, EOS.

22 Aug 2019 1 minute read 0 comments Daniella Blog

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.NB: The prices of these cryptos are based on the time I posted this post. Only one of them is a stable coin which is DAI.Sources: Binance, Coinbase and Pivot app>COIN>PRI...

BlockBurn: AMA conference at The BW Exchange TG Group..

22 Aug 2019 2 minute read 0 comments alberdioni8406

BlockBurn $BURN Token project will be in AMA conference at the Telegram channel group of BW Exchange on Friday 23 at 19:30 Hong-Kong Time,there is a reward of 30 $BURN Tokens for each approved question that will be sent to the Group that will be made...

Facebook is Dealing with Its Own News Administration

21 Aug 2019 1 minute read 0 comments goldenforex

Facebook is procuring a little group of writers to take a shot at its new area of the News Tab, which will start work not long from now. Albeit a large portion of the articles on the News tab will be made utilizing computer based intelligence, a grou...