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.

How Crypto Investors Can Avoid Pump And Dump Schemes

31 Oct 2019 1 minute read 1 comment Alluva

The cryptocurrency market has matured beyond recognition in its ten years of existence. Regulation has gained ground in many jurisdictions around the world, encouraging individual and institutional investors to enter the market in droves. However, m...

Will Ethereum’s impending switch to Proof of Stake have a good effect on the cryptocurrency industry?

30 Oct 2019 2 minute read 5 comments starke_kunst

Not long ago, Binance published another report with a trend analysis of the crypto industry. The exchange experts agreed that the upcoming switch of Ethereum to Proof-of-Stake would seriously affect all other cryptocurrencies. Analysts also reviewed...

🌠 The 14th Global Blockchain Rankings is out! [Shocking] 🤯

30 Oct 2019 3 minute read 2 comments @cryptomandate

Every two months China's Center for Information and Industry Development releases its Global Public Blockchain Technology Assessment Index. This assessment focuses on the underlying technology powering the blockchains. The assessment is weighted as f...

Loopring Open Sources its zkSNARK Circuit Code

30 Oct 2019 2 minute read 0 comments Loopring

  Loopring has just open-sourced the circuit repository for protocol 3.0: protocol3-circuits. The repository contains the following circuits: Deposit, for handling (on-chain) deposit requests (including account creation and public key reset); Transf...

Ethereum: What do you need to know? [A Guide To Understanding Ethereum]

29 Oct 2019 10 minute read 3 comments DoRi

Image source Ethereum (ETH) is the second largest crypto currency after bitcoin. Although bitcoin gets the most attention in the mass media of all cryptocurrencies, Ethereum is growing rapidly. Experts expect Ethereum to dominate the market in the fu...

CryptantCrab 1 Year Anniversary

29 Oct 2019 1 minute read 2 comments CryptantCrab

It’s been a year since CryptantCrab’s pre-sale in Oct. 25, 2018. Thank you for sticking by us all this time! We couldn’t have made it this far without our amazing community’s involvement, feedback and passion. To celebrate our 1st Anniversary, we hav...

ETH may have just entered the bullish zone (TA Master)

29 Oct 2019 2 minute read 8 comments raven

Ether (ETH) is selling at a very low price at the moment, at about half (186 USD) of its 2-year average price (362 USD). This is illustrated by the thick light blue line below. ETH price is half the 2-year average The 26 (blue) week MA is still abov...

Update 27: Cats cryptocurrency prediction experiment!

29 Oct 2019 1 minute read 0 comments Piet246

After a week of the comeback of BTC and Friends. I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated...

Loopring’s Founder Interview on China National TV Recap

29 Oct 2019 1 minute read 0 comments Loopring

  “ China should accelerate the development of blockchain technology as the core for innovation.” Said by President of the People’s Republic of China, Xi Jinping Speaking as part of the 18th collective study of the Political Bureau of the Central C...

Loopring Grants 10 Million LRC to WeDEX

29 Oct 2019 1 minute read 0 comments Loopring

Loopring has decided to grant 10 million LRC from its Loopring Ecosystem Advancement Fund (LEAF) to WeDEX, a decentralized exchange founded by Loopring’s co-founder and former COO, Johnston Chen. WeDEX will build their product on top of Loopring 3.0,...