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.

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6 Dec 2019 1 minute read 2 comments kingscrown

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ShakePay Crypto Exchange - New Features, Limit Orders & 2FA Authenticator

5 Dec 2019 3 minute read 2 comments d00k13

You might be thinking “Are you serious? That’s available on nearly every exchange!” and your right but how many of those exchanges are available to Canadians in our native currency and have mobile apps with push notifications? Honestly I have no idea...

Blockchain and Crypto: British Virgin Islands Launch Own Digital Coin.

5 Dec 2019 1 minute read 0 comments alberdioni8406

British Virgin Islands Launch their Digital Currency in Partnership with  The Digital Currency will substitute the US Dollar that has been used In the Country for the last 60 years, and when it goes live will be pegged 1:1 with the US D...

European Central Bank could Launch their Digital Coin.

5 Dec 2019 1 minute read 0 comments alberdioni8406

The World is changing exponentially and also the old methods of Payments are getting ready to embrace the Blockchain and  their benefits.  The European Central Bank could Launch their own digital coin (CBDC) if the private sector fail to provide che...

The Bitfinex cryptocurrency exchange in partnership with Bitrefill to allow users of the exchange to buy online

5 Dec 2019 1 minute read 0 comments Roberto D.

We all know Bitfinex, it is one of the biggest exchanges on the market and also one of the most talked about, the site in question is Bitrefill, it is a site that allows you to make online purchases in bitcoin and that includes gift cards in its vast...

State cryptocurrencies, now it is France's turn, but a joint European action would be needed

5 Dec 2019 1 minute read 0 comments Roberto D.

During a conference between the French Prudential Supervision and Authority and the Autorité des marchés financiers, held just in recent days, François Villeroy de Galhau, current governor of the Bank of France, announced the launch of a project aime...

France will Test their Digital Coin in 2020.

5 Dec 2019 1 minute read 0 comments alberdioni8406

France is the First European Country to announce that will Test their CBDC in 2020. European Union is not favourable to the Facebook Libra Project that will also be launched in 2020 and to compete with it plans to release a EuroCoin but seems that...

Month of November Update: Growth stats and News

5 Dec 2019 1 minute read 0 comments pheonixdown-dee

Hi Crowdholders! Welcome to the monthly update where we will go over growth stats and recent news.  Keep in mind from our last update, dividend stats will happen every two months now. This will be showcased in the month of December update.  Let's beg...

EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Eleven - UP 10%

5 Dec 2019 5 minute read 6 comments starthere

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