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.


Top Things You Should Know About Ethereum (ETH)

7 Aug 2020 11 minute read 636 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for the leading open-source platform for decentralized applications – Ethereum (ETH). Ethereum is a decentralized smart contract computing platform that enables developers to build...

3 ways to easily move funds from one chain to another

1 Jun 2021 4 minute read 14 comments CryptoSorted

One challenge that comes with using multiple smart contracts chains is how to move funds from one chain to another, especially if you don't want to use a centralized exchange. In this post, I will be sharing with you the various ways I use to move fu...

My Next Bitcoin and Ethereum Venture

2 Jun 2021 4 minute read 15 comments johnwege

Throughout the last year I have been trying to put myself out into the cryptocurrency world more and more.  While initially I was mostly a lurker; I then began writing posts.  If you have been following me since I began writing; you will probably hav...

Ampleforth Explained

4 Jun 2021 5 minute read 14 comments RelyOnCrypto

Ampleforth is a cryptocurrency with a unique feature: its supply is elastic and can fluctuate on a daily basis, yet AMPL token ownership is never diluted. Let me clarify what this implies in terms of money: having an elastic supply allows you to prin...

My May Monthly Money Making - Publish0x leading the Harvest!

14 Jun 2021 4 minute read 47 comments PVMihalache

April's crypto income was a banger, thanks to the $FORTH airdrop, summing up $12,403 of crypto related income! May came with one of the biggest market correction in years, and I must admit I was seeing the 2017 crush again. My portfolio dropped by 65...

Ethereum 2.0: The Future of the Ethereum Network

18 May 2021 2 minute read 7 comments REKTimes

Ethereum in currently the queen of the cryptocurrency world, second only to Bitcoin in total market cap.  With an ever-growing market share of the cryptocurrency space, Ethereum has taken its place as the most dominant modern cryptocurrency network,...

Bitcoin Sold Off, But No Panic Selling

9 Jun 2021 2 minute read 9 comments AlucardLife

We recently endured another slight sell off in bitcoin. Instead of trading in the $36ks, we're now around the $31k range. But what we didn't see is the huge stupid money dumpage that usually accompanies these things. And I'm in some alts that have ac...

5 Ethereum alternative chains you should keep your eyes on

19 May 2021 4 minute read 14 comments CryptoSorted

Ethereum was the first smart contract blockchain that gave birth to a whole new world of crypto such as tokens, dApps (decentralized applications), and DeFi. However, due to its shortcomings (high transaction fees and slow transaction confirmation ti...

Ethereum Wallets and Gas Explained

12 Jun 2021 6 minute read 4 comments RelyOnCrypto

An Ethereum wallet, also known as a node, is a computer program that stores your private key, or "secret password," and allows you access over your coins. It also gives you a public Ethereum address, which others will use to send you Ether, Ethereum'...

Shiba Inu (SHIB), Nicknamed The DOGECOIN KILLER, A Real DOGECOIN Contestant?

18 May 2021 4 minute read 37 comments ben06x

Since the explosion of Dogecoin all over the social networks, a new coin, Shiba Inu (SHIB), nicknamed the "DOGECOIN KILLER", has come. But can this coin, also based on a meme token, really contest against DOGE?   What Is Shiba Inu (SHIB)? SHIB is th...