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.


Blockchain and the telecommunication industry

28 Nov 2019 2 minute read 1 comment starke_kunst

I want to continue a series of articles about new areas where blockchain can be used. Also, I want to highlight some startups that are trying to implement blockchain solutions in those new areas. Do not forget to check my previous articles “Blockchai...

The decentralised finance sector’s best kept secret…

7 Jun 2019 2 minute read 0 comments Optimist

When discussing ‘Decentralised Finance’ in the blockchain space a lot of people will instantly think of MKR and Dai, as they rightly should, with the platform accounting for just over 75% of the space according to https://defipulse.com/ at the time o...

Audit the Fed, On the Blockchain

7 Oct 2019 4 minute read 2 comments thunderboltkid

Ron Paul has championed the "Audit the Fed" line as a first step to getting rid of this privately held mechanism controlling the US money supply for its "Unknown" shareholders. US Citizens deserve it. They pay the bills and suffer the erosion of the...

Compound is a Great DeFi Solution on the Ethereum Ecosystem

24 Jan 2020 2 minute read 11 comments Chesatochi

Introduction Lately, we see a lot of innovation in the crypto space where you can make interest or borrow crypto. It is the replication of what the banks have been doing for centuries and made them a lot of money. You know people are looking to inves...

DeversiFi at Devcon5

17 Oct 2019 6 minute read 2 comments Ben

The DeversiFi team joined thousands of blockchain developers, enthusiasts and entrepreneurs among the neon lights of Osaka for the hotly anticipated event of the year - Devcon5. During our time there we talked tête-à-tête with partners and friends bu...

Options for the development of Dapss: Ethereum vs Fleta.

4 Jun 2019 11 minute read 6 comments daniejjimenez

A common skepticism of the blockchain space is that technology is still looking for use cases, in which exaggeration and speculation exceed applicability. For some, the lack of broad use by consumers of decentralized applications reflects that the in...

Ethereum Mining And If Mining Ethereum Is The Right Choice For You

7 Sep 2019 4 minute read 3 comments MintDice

Free Ethereum? Before we get too far into the discussion of whether or not Ethereum mining is right for you, please read our Ethereum Mining guide and learn how Ethereum mining works. With Ethereum Mining, there's a few ways you can start setting up...

Japan Is Fast Becoming The Gold Standard For Blockchain Adoption

2 Oct 2019 4 minute read 0 comments Sal Miah

Japan is among the leading blockchain hubs in Asia, and arguably, the world. Its embrace of blockchain technology is one to be emulated by any country wishing to adopt blockchain holistically. Blockchain technology enables the unlocking of digital va...

MakerDao needs a Treasury to provide Compensation to its Workers post foundation (focus on workers for now)

26 Jan 2020 7 minute read 1 comment Mitote

 I originally wrote this as a forum post at https://forum.makerdao.com/t/makerdao-needs-a-treasury-to-provide-compensation-to-its-workers-post-foundation-focus-on-workers-for-now/1091 This first section is a bit of a preamble. MakerDAO (Decentralized...

ETHEREUM MYETHERWALLET NEWBIES GUIDE HOW TO USE – TRANSACT

24 Oct 2019 5 minute read 2 comments Curexmy.com

Many wallets are now been used for storing crypto as ethereum and ERC-20 based tokens, Platform where you can store and transact your crypto balances digitally with sharing KYC details or without sharing KYC information with the platform administrati...