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.


Harmony CTO Lan Rongjian: Based on FBFT consensus and fragmentation technology to create a real value chain

28 Oct 2019 9 minute read 0 comments extraz

The chain tea interview is a blockchain project report column opened by the chain teahouse. Each week, an interview will be conducted with a project team. The chain teahouse will explore the shining points of different projects and tell the story of...

Scientists have made smart skin for smart phones and computers

28 Oct 2019 1 minute read 1 comment extraz

  A group of scientists have created an artificial skin with censors. It can touch the skin and feel pressure. This artificial skin will be used in smart phones and computers, among other things, to provide additional features.Scientists at the Univ...

The unique challenge of a new reality show. Become a meat eater, vegetarian or eat your pet🥴

28 Oct 2019 1 minute read 0 comments extraz

  A unique reality show from next year will be featured on the UK TV channel, Channel Four. The show, Meat the Family, has already become quite controversial since its inception and has garnered a lot of attention on social media . In this...

Can "Quantum Speed ​​Reading" Really Have a Child Read and Remember a Million Words in Five Minutes?

28 Oct 2019 1 minute read 2 comments extraz

    A Chinese educational center claims that with their developed technique "quantum speed reading", children can allegedly close their eyes and read a million words in five minutes. This claim has sparked a new controversy in education ci...

CHINA PUMPING THIS MARKET! SEIZE THIS OPPORTUNITY! $16k BITCOIN PROPHECY! WECHAT: BITCOIN EXPLODES!

28 Oct 2019 1 minute read 0 comments CryptoBitcoinChris

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Get me out" Grandpa surprised everyone while he was buried in the tomb😵😵

28 Oct 2019 1 minute read 0 comments extraz

Attendees at the funeral of a man were surprised when the late in the tomb began to hand me out. At first people on the occasion were scared to hear these sounds but soon they started laughing about the late pre-made joke.  Mr Bradley died of cancer...

A person who rings nails for a year, gathers nails 😲😲

28 Oct 2019 1 minute read 0 comments extraz

  If you can't buy a diamond ring, we tell you how you can offer your loved ones special rings like this Japanese one. But it may take you a year to prepare this ring.Kyawami from Japan, Do At Yourself, keeps posting videos. In this video...

Decentralized exchange vs Centralized exchange

27 Oct 2019 1 minute read 1 comment iqram7970

There are two types of exchanges are available in crypto currency world. One is centralized exchange and another one is decentralized exchange. centralized exchanges are most popular than decentralized exchange. Because centralized exchanges are more...

🛸 Russell Westbrook is FLYING

27 Oct 2019 2 minute read 0 comments Etson0x

There are different kinds of players in NBA from the beginning. Some of them are tall and can grab good rebounds and they would play good in paint area because of their heights. Some of the players are shorter than them but they can use and the share...

Ethereum Istanbul Upgrade: bullish moment for ETH?

27 Oct 2019 2 minute read 7 comments raven

Ethereum is scheduled to launch a new hard fork (called Istanbul) on December 4th. Besides that, Ethereum 2.0, a totally revamped blockchain system for Ethereum is planned to launch in the first quarter of 2020. These are two different updates. Let's...