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.


VECHAIN TARGETS CHINA W/ NEW PARTNER! - CHAINLINK UPDATE! - NO BULL RUN UNTIL THIS HAPPENS!

4 Dec 2019 1 minute read 0 comments CryptoBitcoinChris

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New acquisition for binance, the cryptocurrency exchange gets its hands on DappReview

4 Dec 2019 1 minute read 0 comments Roberto D.

The news came with a press release released yesterday, according to what has been reported, binance, among the first exchange on the market for traded volumes, acquired DappReview; it is a decentralized App which in turn provides information and revi...

Talking With Bill Ottman About Minds Pro

4 Dec 2019 1 minute read 4 comments Scott Cunningham

I recently had the chance to talk with Bill Ottman again who is the CEO of Minds and dive into what Minds Pro is all about, what you can expect to see from it and the various features it supports currently. Unfortunately, I had some video issues, so...

The Most Interesting Blockchain Applications Today Aside From Bitcoin

4 Dec 2019 6 minute read 4 comments cam_elica_24

With all the hype surrounding Bitcoin, Ethereum, Litecoin and other cryptocurrencies, casual observers tend to overlook the intriguing and revolutionary technology that underpins it -- blockchain. In fact, it’s often been said that although cryptocur...

The long path of Ethereum towards the POS protocol starts this week, waiting for the Istanbul fork

3 Dec 2019 2 minute read 12 comments Roberto D.

It has long been known that one of the main objectives for Vitalik Buterin, the creator of ethereum, is to lead this blockchain to use a POS protocol; however, it is always advisable to state this, it is Vitalik himself who believes that before he ca...

The Ethereum developer Virgil Griffith has been released pending trial

3 Dec 2019 1 minute read 0 comments Roberto D.

Arrested at Los Angeles Airport Last Thursday, Virgil Griffith will be released in a few weeks awaiting trial after a judge ruled that the evidence gathered by the US Department of Justice is sufficient to start the case; the accusation, we recall, i...

RandomX released, last update of monero's mining algorithm

3 Dec 2019 1 minute read 0 comments Roberto D.

the new update of the Monero network took place successfully on November 30th; with the release of RandomX, a new mining algorithm, the XMR network becomes even more resistant to mining with ASIC and, consequently, more decentralized and safer. The A...

Does This Story Paint The Picture Of Cryptos Future ?

3 Dec 2019 1 minute read 1 comment bitcoinflood

If you have not heard of a man named Virgil Griffith yet then you should do a google search for sure. Long story short he want to North Korea to give a speech on cryptocurrency and how to launder money through it. He landed in Los Angeles Internation...

The Latest BlockBurn (BURN) Listing Exchange.

3 Dec 2019 1 minute read 0 comments alberdioni8406

BlockBurn (BURN) is a Whole New environment in Deflationary Tokens that have the Total Supply of 2 Million That got depleted for every transaction occuring In the Main wallet. With Strong Community of 30,000 Proud Members that Support the Project and...

Ethereum: weekly market analysis (from November 27th to December 3rd 2019 on a BTC / ETH pair) - Price Prediction

3 Dec 2019 1 minute read 0 comments Roberto D.

This Tuesday things are still very similar to last week and there is really not much to say about ethereum except that we are still waiting for the release of the new version of the platform which, if everything goes as planned, should take place wit...