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.

One more central bank adventure in CBDC's and the Libra facing one more Quit in the association.

1 day ago 1 minute read alberdioni8406 $0.18 tipped

The week is just on the middle, and apparently the things are hot to the Blockchain Technology, the central bank of U.K is emerging into the CBDC's world and one more firm is leaving the association that backup the Libra global stablecoin. The Bank...

22/1//2020 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

1 day ago 1 minute read Danoskie $0.07 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 22/1/2020HAPPY NEW YEAR!Today is another good start for some cryptos as the bulls takes over again.Some cryptos like SBD have taken the lead with heavy increase in...

Voice Will Launch On EOSIO Private Chain

1 day ago 1 minute read Scottcbusiness.eth $1.44 tipped

Voice is releasing on February 14th but will need to use a private EOSIO chain to be able to support it. Though it doesn’t explicitly say so, it’s due to the high CPU consumption on the public blockchain. Let’s talk about it. This is where I first re...

Vodafone also withdraw from the Libra Project from Facebook.

1 day ago 1 minute read alberdioni8406 $0.07 tipped

It's seems the year is not starting good for the Libra crew, and one more headache for the project is knocking their doors. One more associate is leaving, and this time is the British Giant Company Vodafone, that's following the same road took by Pay...

The New Way to Earn Crypto for Free - Out with Mining, in with Staking

1 day ago 7 minute read Mappo $4.79 tipped

Airdrops are so 2017, free money was fun while it lasted but now when someone says free money in crypto, the first thoughts are scams and ponzi schemes. But in 2020, there is a way to earn free money, in a legitimate, common practice, and logica...

U.K Central Bank will explore sovereign digital currency.

2 days ago 1 minute read alberdioni8406 $0.07 tipped

Now it's official, the Bank of England (BoE), the United Kingdom Central Bank is planning to explore use cases of Sovereign digital currencies (CBDC), and already made associations with other Central banks, to work together in the project. England is...

Square Crypto: first product will be a developer kit for the Lighting Network.

2 days ago 1 minute read alberdioni8406 $0.10 tipped

The department of crypto, from the payment Firm Square, the Square Crypto announced their first Blockchain product: the Lighting Development Kit (LDK). The new product developed by the Square Crypto, will help devs to Lightning Network with their Bit...

3 Types of Blockchains

2 days ago 1 minute read 2gen $0.13 tipped

I'm going to write a set of 4 posts which includes the types of Blockchain, Crptocurrency, Crypto Wallet, Crypto Exchange. we should know them when coming into the crypto world for investing or using cryptocurrencies. This is the first part. The 3...

Sent Crypto To Incorrect Wallet Type

2 days ago 2 minute read Smoljanovic $0.25 tipped

Cryptocurrency Sent To Incorrect Wallet Type Be very careful when sending funds to your wallets. Ether cryptocurrency cannot be send to a Bitcoin wallet and vice versa. Funds will most likely be lost if you send the wrong crypto type to the wrong wal...

New Hydro Protocol Proposal: Foam

2 days ago 1 minute read Mark Anstead $4.59 tipped

Lots of work (and thought) has been put into this, and I am hoping to have this be a core protocol our team at Project Hydro develops at the open source layer throughout 2020.   I'm massively bullish on DeFi, and this is just a testament of where I s...