Ethereum (ETH) News, Price Predictions, Opinions and Analyses Created by Users

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.

Are you buying the Bitcoin dip?

1 hour ago 1 minute read 0 comments Itech

Bitcoin correction may likely continue due to the $1.9trillion stimulus relief fund being awaited to be passed by the US Potential Treasury Secretary Janet Yellen to the  senate for immediate approval. Although, investors are looking at the possible...

CNY + IRS = Atomic Crypto Dump?

1 hour ago 2 minute read 1 comment AlucardLife

The Chinese New Year (CNY) historically corresponds with a dump in crypto. US tax season comes right after. This year is a bit different because of the Plague, however, so the question is will CNY and Uncle Sam make the market bleed in 2021? CNY corr...

Bitcoin less risky than Tesla?

1 hour ago 1 minute read 2 comments Fab G

That's the conclusion of a recent survey: 56% of 627 respondents surveyed by Deutsche Bank last week claimed that BTC price more likely to halve in a year, and 25% said it's more likely to double, according to a report by Marketwatch. Meanwhile, 62%...

How to avoid Cryptocurrency scams

2 hours ago 8 minute read 1 comment Gaelichymns

More and more people are getting interested in Cryptocurrency every day, and with that comes multiple issues that the cryptocurrency community must face. One of the major ones being people looking to take advantage of those less educated, and scammin...

I am using Digital Gold for yourself!

2 hours ago 2 minute read 0 comments Carbodex

Digital gold is quite an amazing project that is developing smoothly in the world of cryptocurrencies. Several years ago, the team took the world gold standard as a basis and created their own, in my opinion, stable coin. The main distinguishing fea...

DailyCryptonews by cryptoborges - 22/01/2021

3 hours ago 2 minute read 2 comments Francisco Borges

Hi huys hope you enjoy your daily dose of crypto news. Harvard crypto skeptic calls Bitcoin a ‘hedge against dystopia’ The Harvard professor Kenneth Rogoff says that he doesn't see Bitcoin continue this sucess line we are all watching. "I can see Bi...

Today's Cryptocurrency Prices

3 hours ago 1 minute read 0 comments SelimKocak

In this article on daily coin analysis, we will discuss the values ​​of some coins. I want it to be both informing and guiding for investment. If you are a frequent follower of dips, January has been the month of those who expect declines. Coin value...

Ethereum Technical Analysis 01-22-21

3 hours ago 1 minute read 0 comments xuanling11

Technical Analysis Let's take a look at some key metrics. It opens at $1.2K and goes down around to $1.0K and stable around $1.1K. The average transaction fee is $9.36 which is 4.13% increase from 01-21-21. Ethereum is resilience at around $1.0K a...

What is this all about? An opinion about ETH blockchain gas prices

4 hours ago 4 minute read 6 comments Soneghet

  Holly hell, is there some light at the end of the tunnel? I am actually gobsmacked.. Specially after reading some of the comments around, I can see that I’m not alone in this world. I have to confess that I cannot hide my disappointment with the wh...

What 2020 was for Ethereum network and few 2021 predictions

4 hours ago 5 minute read 0 comments Heruvim78

Motto: ''Those who cannot learn from history are doomed to repeat it. Those who do not remember their past are condemned to repeat their mistakes.'' (George Santayana) The most notable thing in 2020 was the fees level, first time ever when Ethereum m...