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.

Axie Infinity Gaming Platform & NFT Marketplace Review

9 Jul 2021 2 minute read 2 comments Heath Muchena

Axie Infinity was developed by Sky Mavis and built as an engaging, fun and educational way of introducing blockchain technology to the masses through a play-to-earn model. It is described as a trading and battling game which enables participants to e...

Bitcoin Is No More A - 'Get Rich Quick"

6 Jul 2021 2 minute read 3 comments Suny Ag

There is no doubt about the fact that everybody wants to be rich in a quick time. But the youth today is almost crazy to become rich by following the shortcuts to get rich quickly and ignore the risk. In fact, in the last few months, there has been a...

Why would Central Banks use a blockchain for CBDC's?

25 Jul 2021 2 minute read 2 comments Wonrey

Now I'm not saying that that's what they're going to, do but I can think of a number of reasons why a central bank would like to use a blockchain rather than a database, and the main reason is that the evidence is that central banks don't actually li...

In July, NFT BlackMarket will launch the First Practical NFT Platform on smart chain. you can mint NFT for free...

3 Jul 2021 1 minute read 11 comments NFTBlackMarket

  On NFT BlackMarket, you can tokenize anything you can imagine for FREE no more high gas fees. You can collect, and trade NFT Tokens and manage all of your digital assets in one place. NFT BlackMarket will become the premier destination for NFTs an...

Yes, Bitcoin And Crypto Are A Speculation. So Are Stocks And Commodities.

18 Jul 2021 5 minute read 3 comments razvantomegea

Originally posted on The first thing haters say about Bitcoin — and crypto — is that it is a speculative bubble, and it has no intrinsic value, and they are right. However, they are wrong when they say gold, stocks, or cash...

How Cradles: Origin Of Species is changing the narrative of blockchain gaming

24 Jul 2021 7 minute read 7 comments DRepublic

Cradles: Origin of Species is a new virtual reality game powered by blockchain that lets you use your VR device for an immersive experience, choosing from a wide range of species to play as and exploring the virtual world from your soul. In case you’...

Standardization of Token Contracts in Ethereum and other Smart Contract Systems

16 Jul 2021 3 minute read 1 comment Wonrey

Each of these contracts is subtly or not so subtly different from all the other ones, which means that if you really are paranoid you need to have some programming knowledge in order to be able to audit each of those contracts, and secondly, you need...

Owl met Badger - Index Coop to include BadgerDAO in DeFi Pulse ($DPI)

23 Jul 2021 3 minute read 1 comment PVMihalache

Some DeFi projects will trend even when the Cryptoverse is bleeding. Some project will keep evolving even when the bear market is chewing the investors confidence in cryptocurrencies. This is the story of the Wise Owl who met the Powerful Badger! Thi...

How to earn PASSIVELY with MUTE

2 Jul 2021 4 minute read 5 comments Dzoelx

I’m plugged in with MUTE. I mean; it’s literally the most impressive cryptocurrency project currently, not just for me, you’d say the same when you do your research. I’ve been stacking some MUTE and VOICE lately – the two tokens powering the Mute ec...

All you need to know about - Hyperleger

24 Jul 2021 13 minute read 0 comments Mishal Alexander

Have you often wondered what exactly is Hyperledger wherever you've heard of it? Or are you generally curious about it but no idea what is means or what it does? Well, you are in luck because today we will learn more about Hyperledger so that next ti...