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.

Where Are the Big Geomines? A close look on XYO Network and their Geomining.

19 Jun 2020 1 minute read 0 comments OvermindSB

Walking 10 h a day... Before I start to flip out I’d like to admit that the XYO Geomining Network isn’t that bad, actually it reminds me of pokemon Go but without the freaking and nasty pokemon. Why they didn’t work together? Maybe they do in future...

Price analysis 9, July Bitcoin, ethereum, litecoin, XRP and BCH.

9 Jul 2020 1 minute read 0 comments haidernasir

Bitcoin, ethereum, litecoin, XRP and BCH is on a uptrend. Here a price chart of five cryptocurrencies. Bitcoin/USD Bitcoin is at $9,391.36 at 11:00 PM GMT, with a gain of 0.78% in its price in the previous 24 hours. Bitcoin with its 24 hours high wil...

Why Justin Sun will become most Successful Blockchain Co-founder and Business man.

9 Jun 2020 2 minute read 1 comment Kavi

    A 29 years old young man named Justin Sun had a great educational background and history of tech entrepreneur before entered in the market of Blockchain . Tron was his ambitious project started in 2017 with raising 70 million USD through ICO. T...

How to start the XOXO smart contract, step by step.

21 May 2020 4 minute read 0 comments Rearden

XOXO is a Smart Contract, that has been launched on May 21st, which allows the automatic redistribution of ETH transactions between members. The program works with a Powerline: registration of the members one after the other according to the payment...

Common Crypto Scams: stay safe be alert and protect your money!

23 Jun 2020 3 minute read 2 comments alberdioni8406

My latest article I released s list of the most successful active scams from the last month which shows how much money the criminals managed to steal from people using those schemes. Today I will present the common scams that are widely used for cybe...

Nicehash Pros and Cons

28 May 2020 1 minute read 0 comments yanis

Nicehash is a cloud mining company founded in 2014. Its partcularity are that we rent power that we can use at any stratum pool (there's a list of presets but we can add custom), and that other users sell power (Nicehash is just the marketplace).   N...

Austria to ease tax burden on workers

27 Apr 2020 1 minute read 0 comments PGInvest

The Austrian government, which has begun to ease the restrictions imposed due to the pandemic, will guarantee tax relief for low- and middle-income workers and pressure multinationals to pay more taxes, Chancellor Sebastian Kurz said on Monday. The A...

Weekly Crypto News Roundup - WEEK ENDING 21st March 2021

21 Mar 2021 1 minute read 0 comments Digital Currency Research

In this video we will be looking into the following stories from last week.   Cardano being added to Coinbase Pro Sotheby’s inroads into the NFTs space Deutsche Bank's stance on Bitcoin Rich Dad Poor Dad Author's solution to the weakening economy  ...

Huge News for iExec(RLC) as they join the Microsoft for startups program!

24 Apr 2020 1 minute read 0 comments Tejas19

iExec It is a decentralized cloud computing service that offers computational power to other institutions or users that require high computational power to run their tasks. Tasks that heavily rely on processing speed and high end graphics are Big Dat...

Luckyfish Crypto Gambling

12 Jan 2021 2 minute read 0 comments Danjel

Unlimited faucet on is a fascinating gambling club, most definitely. Its strategies for store and withdrawal are only crypto money, which is something that the network will acknowledge much more. As of now, 23 distinct sorts...