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.


5 Investments Ranked From Low-risk to High-Risk and How They Work

24 Jun 2020 2 minute read 8 comments jedryccc

A great way to earn more money is by investing. It's basically using your money to get more money. Things like stocks and mutual funds are some examples that people usually think of in investment. I'll be telling you about five types of investments....

Investing your Bitcoin on Ethereum

16 Apr 2020 6 minute read 24 comments fblauer

Introduction This article talks about how to invest your bitcoin while you are waiting for it to increase in value, which may take months-years. If you leave it on the Bitcoin chain it will not earn any income in the meantime. However, there are vari...

DeFi MetaMask's Favorite Ethereum Wallet Gets Version 8 Update, New Features

4 Jul 2020 1 minute read 2 comments PassionCryptodotcom

Non-depository opular wallet MetaMask has announced that it will roll out a version 8 update for the wallet in the coming weeks, promising increased privacy, a better user interface and other user-centric features. The wallet is popular on all DeFi e...

What Is a Smart Contract?

28 Jun 2020 4 minute read 4 comments The Part Time Economist

Smart contracts are a key component of Decentralized Finance and have numerous applications in non-cryptocurrency related businesses as well. But what is a smart contract? In this article, I want to provide a brief overview of what a smart contract i...

Ethereum Fees Extremely High, Miners set a Record for Revenue

9 Jul 2020 1 minute read 2 comments Abhi K

Ethereum network activity has surged since April 2020, and even more so following the release of new DeFi services like that of Compound Finance, Balancer and KyberDAO. Now, miners have set a new record for revenue generation, as June has seen nearly...

U.S. Government Issues Order To Freeze $100,000 On Ethereum

10 Jul 2020 2 minute read 5 comments Brennan

On June 16th, an Ethereum account holding $100,000 USD worth of USDC was blacklisted by Circle, after receiving a request from the U.S. government to have it suspended. The news marks the first time an account has been frozen by Circle since the Gold...

The Plus-Token Effect

26 Jun 2020 6 minute read 22 comments Zenthereum

A few thoughts you can skip. I've posted a similar article about Plus Token on read.cash a few days ago and got an astonishing eleven views! I reposted on Uptrennd and got just one comment. So I guess I was posting in the wrong place these articles a...

Decentralized Financial Systems (DeFi): It’s about time!

2 Jul 2020 5 minute read 1 comment Dzoelx

  If you live in the crypto space for a day, the acronym ‘DeFi’ comes your way almost twice per hour. No doubt, my statistics is right…or very close to it. The crypto space is a very dynamic environment and everything seems to be moving fast, we tend...

Cryptocurrency arbitrage trading: A ‘neglected’ billion dollar concept?

10 Jul 2020 2 minute read 7 comments Dzoelx

Probably you bought some crypto coins from an exchange, hoping the demand grows and as well the price. Price hike is good business!...if only you bought earlier. You could sell at a higher price and make some good gains depending on how high the...

DeFI-focused DApps appear to be crypto’s new catalyst for a greater bull market. Still, are they as fair to the user as they are cracked up to be?

9 Jul 2020 5 minute read 3 comments Elad

Defi Has a Governance Problem: How to Fix It DeFI-focused DApps appear to be crypto’s new catalyst for a greater bull market. Still, are they as fair to the user as they are cracked up to be? Yes, the DeFi market is currently valued at over $1.5 bill...