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.


Update 11: Cats cryptocurrency prediction experiment!

17 Jun 2019 1 minute read 1 comment Piet246

After a week that was mostly positive I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated results so...

Ethereum 2.0 Gets A Launch Date

16 Jun 2019 1 minute read 1 comment bitcoinflood

We thought maybe we would get it this year however sadly that will not be the case. Ethereum 2.0 was originally thought to be released towards the end of this year. However as you can see we are already half way through the year (where the heck that...

使用 Etherscan 追蹤某個地址的交易紀錄並獲取通知

16 Jun 2019 1 minute read 0 comments trleee

Etherscan 有個很實用的功能 Watch List ,訂閱某個地址後,每當有任何交易,就會寄 Email 通知。 首先登入帳號後來這裡,點擊 Add New Address ,輸入地址、描述及通知方式,完成後再點擊 Edit 設定細項。       Disable Email Notifications關閉 Email 通知Notify...

Synthetix for Dummies

15 Jun 2019 8 minute read 12 comments TwiceCrypto

I was researching about decentralized finance when I first came across Synthetix from a tweet from @DegenSpartan. (Learned a lot from his views/knowledge about DeFi & Synthetix - definitely worth the follow!) It was really difficult to comprehend the...

Ethereum to Partner with Amazon- A Long Awaited Cryprocurrency Catalyst

14 Jun 2019 1 minute read 4 comments BitcoinCrazy

Ethereum to Partner with Amazon- A Long Awaited Cryprocurrency Catalyst Ethereum has had an amazing year.  While Bitcoin has surged 50%, Ethereum has more than doubled to $260, and has retaken the #2 cryptocurrency spot from Ripple's XRP.  Ethereum m...

DeepCloud AI New Era in the Cloud Computing System Powered on the BlockChain Network

14 Jun 2019 3 minute read 0 comments Cletus Habila

Cloud computing is a process that entails accessing of services, including, storage, applications and servers through the Internet, making use of another company's remote services for a fee. This enables a company to store and access data or programs...

TokenWarriors - All about the Market-System and "how to make money" with your Warriors

14 Jun 2019 4 minute read 6 comments casp0or

Hey, TokenWarriors are back with some neat information about our Market-System and how to make money with your Warriors. Also, I want to show you how you can buy a "Buff" or a "Potion" for your Warrior to have an advantage over your enemy in PvE, PvP...

Ubisoft (A giant video game industry) is developing Ethereum based game

13 Jun 2019 1 minute read 2 comments Turtle_Girl

Ubisoft (Known for Assassin Creed and Farcry) is all set to develop games in where you would be able to buy in-game items using Eth as CEO of Ubisoft said "Blockchain technology is potentially revolutionary for video games in future. This is somethi...

Analyzing EOS, BNB, BAT, ETH, LTC and XRP: A Closer Look

13 Jun 2019 1 minute read 1 comment Workin

Like Bitcoin, many altcoins are looking ripe for a larger move. EOS is peeking it’s head up and out of a wedge it’s been consolidating in these past few days. Binance Coin (BNB) just broke out of the bullish, descending broadening wedge we discussed...

DABANKING IS THE FUTURE OF DAPPS AND THE GAMING SYSTEM

12 Jun 2019 4 minute read 0 comments Cjkalu

    The issue of digitization is no news in the world today. Digitization is made possible through the development of sophisticated technologies and gadgets, which has helped in a great number of ways, the activities of the global population.   An...