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 Stolen From Upbit Exchange with Unknown Transaction

28 Nov 2019 1 minute read 0 comments HowToVids

Security issues are still to be resolved. Already many companies lost their assets in unknown transactions. Companies try their best to protect all that but hackers are more clever to steal these assets. This time a South Korean Company Upbit is a vi...

Upbit lost $50 million of ETH

27 Nov 2019 1 minute read 1 comment Queenosa

  At 17:56, November 27th, 2017, Upbit urgently announced that 342,000 ETHs have been moved out of its wallet and confirmed hackers did the transaction. A few minutes later, Upbit suspended withdrawal and deposit to maintain their server. Moreover, U...

Play Now Battle Racers Early Access

27 Nov 2019 1 minute read 1 comment egamersio

Battle Racer’s early access is available for everyone! Players can join now and fight in real-time PVP races by using car parts they own. Please note that this is a standalone, web version and it’s separate from the Decentraland build. As soon as,...

BlockBurn (BURN) DApp.

27 Nov 2019 1 minute read 0 comments alberdioni8406

BlockBurn (BURN) DApp The Native app of the Blockburn Project that will support wallet and stake function as a Main is being improved and will be released when all bug fixes and will have also play and read function. The Main purpose of the applicat...

Price analysis 27, Nov Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

27 Nov 2019 1 minute read 0 comments haidernasir

Bitcoin, ethereum, litecoin, XRP and BCH has lost more than 3% in its price in the previous 24 hours. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $6,874.78 with a loss of -4.08% in its price in the previous 24 hours. Bit...

Knight Story is now available on Google Play Store & Apple Store

26 Nov 2019 1 minute read 0 comments MultiNFT

Knight Story is an innovative mobile RPG available on (Play Store, Apple Store) powered by blockchain. The game is the second title of Biscuit; developed EOS Knights, the legendary blockchain game.  Knight Story App. Download free over (Play Store...

More fraud in regulated markets than in cryptocurrencies

26 Nov 2019 1 minute read 0 comments Roberto D.

The CFTC, an acronym for the Commodities Futures Trading Commission, today published its second annual report on fiscal year 2019; the document highlights the successes of the institution in countering the illicit conduct on the markets, which go fro...

Best exchanges with low fees

26 Nov 2019 2 minute read 1 comment jordanjnr

If you find this post educative, entertaining or relevant,kindly leave a tip below to support my work. Thanks. It's the easiest way to buy bitcoin, Ethereum and other crypto coins without that disgusting thing called human interaction. It's one of th...

After Cryptonomic launched Nautilus Cloud on Tezos, there is an opportunity to compare Tezos to Ethereum.

26 Nov 2019 2 minute read 1 comment Allen Walters

Just over a week ago, Cryptonomic (known from Galleon, Minimax and Arronax) launched Nautilus Cloud Beta. "A full suite of tools to develop and deploy Tezos applications." It enables rapid and simplified development on Tezos. "Nautilus Cloud is ultim...

What is Enjin (ENJ)? [A Comprehensive Guide to Enjin]

26 Nov 2019 8 minute read 6 comments Mr.CryptoWiki

If there is anything that Ethereum has told us, it is that there is a lot more possible with blockchain technology than we initially thought. Versatility through Turing-complete smart contracts was the name of Ethereum’s game, and it has spawned a wa...