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's Impact on Online Gaming!

2 Jun 2020 7 minute read 3 comments Sirt33

Blockchain's Impact on Online Gaming   If you’re a gamer, you know how rewarding it can be to unlock levels, acquire skills, and earn tools and weapons as you explore virtual worlds and win challenges. Many players find their favorite games so engagi...

Which one is a better investment and which one is a better safe haven? Bitcoin or Tether (USDT)

2 Jun 2020 1 minute read 1 comment Mabla

Bitcoin is the ancient crypto currency and it has been around for over a decade. It was created and that time its cost per coin was $0.02 and now it costs more than $9000. The majority now wont be able to access a full bitcoin, they can buy fractions...

Ethereum and Bitcoin at Critical Bullish Levels - Crypto & Coffee #0099

2 Jun 2020 1 minute read 0 comments CRYPTOXICATE

@CRYPTOXICATE #CRYPTOXICATE $CRYPTOXICATEeVerything is building up and both Ethereum and Bitcoin look very bullish at the momenth although to be honest Im still worried of what could happen to all markets across the board talking about crypto and tra...

Ontology (ONT) added on Bitpanda

2 Jun 2020 1 minute read 0 comments Jakonfire

Ontology (ONT) added on Bitpanda Today I had an eye on the EOS price all day and by chance I also looked at the other price stickers in BItpanda and a new symbol suddenly appeared.One of the tokens that were already at the last community vote was add...

Price analysis 2, June Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

2 Jun 2020 1 minute read 0 comments haidernasir

Bitcoin, ethereum and XRP is on a uptrend, while Litecoin and BCH is on a downtrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $9,536.13 at 2:00 PM GMT, with a gain of 0.353305% in its price in the previous 24 hours. B...

Bitcoin Smashes $10.000, again.

2 Jun 2020 1 minute read 2 comments Panzer

I think one of the big reasons for people to invest in Bitcoin the past few months has been the introduction of negative interest rates into economies in Europe and Asia. It is only logic that if you have to pay banks to hold your money, It is time t...

Bitmain introduces next-generation Antminer T19 hardware: Features and innovations

2 Jun 2020 1 minute read 0 comments radiationkayser

Bitcoin mining hardware manufacturer giant Bitmain launches the sale of ASIC-based SHA-256 Antminer T19. According to the official announcement of Bitmain, Antminer T19 is the third model of the latest generation Antminers developed by the company. A...

Thundercore (TT)

2 Jun 2020 1 minute read 0 comments yanis

Thundercore is an EVM-compatible blockchain that is very scalable. So any ethereum smart-contract can run on it.   How does it run ? For that, it uses a masternode comitee (like Tron), but also a standard system (a MN highway and a "standard" slow wa...

Cryptocurrency Updates - 02/06/2020

2 Jun 2020 1 minute read 0 comments Gamer Boy1110

BitcoinCore Released Version0.20.0-Final Version Tree-SHA512: 00d03cb9913a7fe3fe90b12a866e88e08c79fdfdb05fcf043d77623b2d30cadd56557db1f225b428fd03d4b4bc4f24f66205d8330d025ed015d3a12dffd5222e   Update Here:   Join AMA With MeasurableData in the Binan...

Graph on the American economy

2 Jun 2020 1 minute read 0 comments cryptage9

  The first graph shows the savings rate of the Americans. It is on the rise, which explains why Americans are saving more and more.And the second one at the bottom represents the expenses of American households, which are in total decline, unheard o...