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.

DeFi Protocol Opyn hacked. More than $370,000 stolen from the smart contract.

5 Aug 2020 1 minute read 0 comments lioha369

Around 4 AM PT today Defi Protocol Opyn was hacked by means of a double-spend attack. This protocol offers options for ETH, DeFi tokens, and insurance on Compound deposits. The hacker found an exploit in Opyn protocol's options tokens (oTokens) and u...

Thinking of Buying $XRT? Here’s What You Should Know (Quick Guide)

7 Feb 2021 1 minute read 0 comments defidarby7

Robonomics Network is an open source platform which aims to connect cyber-physical systems (CSPs) to form a global network which is capable of delivering goods and services to end users. This network would be exponentially more efficient and scalable...

PLAZA SYSTEMS: A review for the world's fastest blockchain designed for E-Commerce.

25 Dec 2018 6 minute read 0 comments Mr. Decentralized

Good morning everyone as well as a Merry Christmas to all of us here on cryptospace. Happy holidays! I hope all of us are enjoying a hearty meal with our loved ones and family. This year has been really a fruitful year to all of us. Today guys, let...

Price analysis 2, July Bitcoin, ethereum, litecoin, XRP and BCH.

2 Jul 2020 1 minute read 0 comments haidernasir

Bitcoin and ethereum, while litecoin, XRP and BCH is on a uptrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $9,211.88 at 3:15 PM GMT, with a gain of 0.325124% in its price in the previous 24 hours. Bitcoin with its 24...

Was I hacked?

21 Feb 2021 3 minute read 0 comments kriptoevangelist

13th Februay. The BSC is popping. Not that Flowers are popping - It were the seeds of the Pump-Plants. Many DeFi Systems expanded to the Binance Smart Chain, because of the high gass fees on the Ethereum network. Thats the hipe now, thats whay im her...

unisock but EThersock($sox) - lowcap degen alts.

16 Apr 2021 1 minute read 0 comments HIBYEMY

A few days ago i found this fun little community project called ethersock that's basically the same as unisock but ethersock. this is basically just an wholesome community project. There won't be a unipool for the first 90 days. there will have a DOD...

Dogdata: The blockchain project dedicated to our beloved dogs and rewarding both the dogs and its owners accordingly with state-of-the art plans and services benefiting the entire dog ecosystem.

9 May 2020 9 minute read 0 comments Mr. Decentralized

Good morning to all of us here on Steemit and blockchain community! This is me your Mr. Decentralized again to talk about another interesting blockchain project built for our beloved dogs. You heard that correct! Blockchain projects are not just all...

Binance Blockchain smartphone On sale This Thursday..

4 Dec 2019 1 minute read 0 comments alberdioni8406

Binance Blockchain smartphone will be on sale this Thursday. The smartphone is manufactured by the Taiwanese Electronics Company HTC and will be in Limited Edition. The Binance Blockchain smartphone is a dubbet HTC Exodus 1 and run in Blockchain Tec...

Blockchain gaming; play to earn.

10 Jun 2020 1 minute read 0 comments kazi1995

Yeah here we talk about Blockchain gaming, the new era of gaming and play to earn system process. We live in a era where day by day, we are so close to use cryptocurrency as our main currency. If we look back few years how Crypto and Blockchain upgra...

Join the AMA of Satoshi Club x Liquifi & Mars Economy. Rewards: 500 USDT, May 20th.

19 May 2021 1 minute read 0 comments Satoshi Club

We are pleased to announce our next AMA on May 20th, 2021 at 11:00 AM UTC Time: Satoshi Club x Liquifi & Mars Economy ⚠️Total Reward pool:  $500 Requirements: 👉 Follow Satoshi Club Twitter 👉 Join Satoshi Club Telegram group👉 Join Liquifi & Mars Econo...