Ethereum (ETH)

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Ethereum (ETH) is a decentralized computing platform founded by Vitalik Buterin 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.


4 Very Interesting Things That Happened In Ethereum's Ecosystem Last Week

3 weeks ago 2 minute read kevW!ls0n $8.85 tipped

July is coming to a close and it’s been an interesting month for the market. Unfortunately, Bitcoin (BTC) is below $10,000 and people’s expectations of Bitcoin reaching $25,000 or $40,000 are a little shot now. Some people have downgraded their forec...

Can Ethereum Hit $500 by 2020?

2 weeks ago 2 minute read CryptoChartWizard91 $7.57 tipped

Ethereum has performed “pretty” well during 2019 (disregarding the month of July) after being able to reverse the previous bearish trend that was present during the entire period of 2018. During the course of the first few months of 2019, Ethereum ha...

The story of why Bitcoin and Ethereum forked; and why EOS can't.

6 days ago 9 minute read @cryptomandate $6.78 tipped

A time not long ago The year is 2009, and just as the year was starting Bitcoin is born on 3 January. Its inventor Satoshi Nakamoto mines the first block containing a reward of 50 bitcoins. This genesis block had a message embedded on it reading 'The...

Bitcoin Went Below $10K Because of this? IRS Is Chasing Mom and Pop Crypto Investors

3 weeks ago 1 minute read Adamic0 $6.23 tipped

So there’s one big bit of news that’s been worrying American crypto investors over the past week - the IRS is sending notices to investors asking them to pay for all of their back taxes for all the profits they’ve earned from investing in it. Notices...

This Bull Run is Fundamentally Different Than the Previous One. Here’s Why

3 weeks ago 9 minute read Mappo $5.36 tipped

This Bull Run is Fundamentally Different Than the Previous One. Here’s Why. Everyone knows about the time in 2017 and early 2018 when bitcoin hit over $20,000 USD and Ethereum was sitting nicely at $1,300+. In fact, the total market cap for coins a...

4 Important Crypto News You Might Have Missed in July

4 weeks ago 3 minute read Ed-california $5.17 tipped

The crypto news cycle operates at such a rapid pace that I thought it might help to round everything up neatly at the end of the month. So here’s a roundup of this month’s major crypto news for all of the biggest tokens.  Bitcoin (BTC) Bitcoin’s mos...

EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Nineteen - Down 75%

2 weeks ago 4 minute read starthere $5.12 tipped

The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalanci...

BTC, ETH, XRP, LTC, BCH Price Prediction for August 2019

3 weeks ago 6 minute read CryptoChartWizard91 $5.02 tipped

Finally, the cryptocurrency markets have started to show the initial signs that this period of recent consolidation may have come to a close. With August upon us, I felt it was time to update my last predictions so here are my price predictions for t...

First Look into Compound Finance

2 weeks ago 5 minute read TwiceCrypto $4.88 tipped

This will be the first product that I will be reviewing as it has established itself as a pioneer of Decentralized Finance. Compound Finance is an open-source money market protocol built on the Ethereum blockchain and has taken up a large market shar...

EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Seven - UP 74%

2 weeks ago 4 minute read starthere $4.78 tipped

The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. I then repeated the experiment on the 1st of January 2019. Think...