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.

Ethereum on the rise?

2 Jul 2020 1 minute read 0 comments Panzer

Ethereum is holding strong above the $225 support level against the US Dollar. Possibly it will continue slowly rising and continue higher towards $235 and $240. Ethereum is following a bullish path and it recently spiked above the $230 resistance le...

Ethereum Technical Analysis 04-14-21

15 Apr 2021 4 minute read 0 comments xuanling11

Technical Analysis Ethereum opens at $2.1K and goes up around to $2.3K and stable around $2.2K. The average transaction fee is $16.00 which is 16.53% increase from 04-13-21. Ideally, gas fee should below $10 and build up for another raise toward $2K...

RChain Cooperative and Blockchain Overview

14 Aug 2020 1 minute read 1 comment Crypto JBro

The RChain cooperative has been building their new type of blockchain since January, 2017.  Their mainnet recently went live after some delays!  Here's my video explaining their project: Brief Overview Their founder, Greg Meredith, is also the presi...

MinerGate what mining software is and how it works

21 Jun 2019 2 minute read 0 comments Roberto D.

In recent years we have seen how cryptocurrencies are spreading more and more. We are talking about equal, centralized and digital currencies that work based on the principles of cryptography to carry out transactions. Cryptomains use peer-to-peer (...

Did YOU Know??

15 Feb 2020 5 minute read 0 comments cwolfe211

Do you know what a $100 Bitcoin investment, made in 2011, would be worth, RIGHT NOW?  The answer to this question is pretty incredible.  In the beginning, I myself thought that the monster coin was worthless.  Why did I think that?  Because it WAS pr...

French Crypto Projects Part. 2

25 Jun 2020 2 minute read 0 comments FrenchLegalAspect

Hey folks,   New post today trying to etablish an overview of the french crypto-projects. All of them doesn’t have a native crypto-asset but all use blockchain or are related to. I will show 12 projects that seem interesting to me and looks like stro...

XETHER : a different Dapp

16 Jun 2020 3 minute read 0 comments Mattdapp

      Games make an important part of our lives matter how we want to deny it we always come to the fact that it’s a major source of entertainment.first and foremost i love games, yes some might call it an addiction but notwithstanding its great to...

Privacy vs Convenience

7 Aug 2020 11 minute read 0 comments Status Community Updates

Privacy is at the core of everything we do at Status and this permeates into every design decision of our Status messenger. In the previous two articles in this series, we talked about why privacy is important and how Status compares to other messeng...

Importance of cryptocurrencies in the modern world

3 Apr 2021 1 minute read 0 comments TheJuliocesar

Let's start at the beginning first, what are cryptocurrencies? A cryptocurrency is nothing more than a virtual currency, exactly virtual, which means that there are no physical coins or bills.but at the monetary level, they currently have a strastorp...

What is MakerDAO & DAI ecosystem? Who are the EcoDAO & DAI ecosystem development team?

5 Jun 2020 1 minute read 0 comments Lềm Thị Phiến

What are MakerDAO and DAI? Maker, also called MakerDAO, is a decentralized automated organization built on the Ethereum Blockchain. MakerDAO is a stablecoin issuance and management system called DAI - a type of stablecoin that is mortgaged by cryptoc...