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.


The Final Month Of Faucethub.io

13 Nov 2019 1 minute read 1 comment Necroclown

The End is near for Faucethub.io For those of you that don't know Faucethub is a cryptocurrency microwallet used to collect microtransactions of crypto from different faucets. A faucet is a website riddled with advertisement and you earn a fraction o...

Quube, World first Quantum Resistance Blockchain Ecosystem and Cryptocurrency Exchange.

13 Nov 2019 2 minute read 0 comments Sodaf

Introduction World first Quantum Resistance Blockchain Ecosystem and Cryptocurrency Exchange.IntroductionTechnology is growing at a very fast pace in this modern era. What really matters most is the practical benefits derivable from these technologi...

13/11/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

13 Nov 2019 1 minute read 0 comments Daniella Blog

Hello, How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 13/11/2019For crypto's bears vs bulls, the market is down with -0.95%, causing some coins to loose that which they managed to gain as at yesterday.Even though the m...

Loopring Starts zkSNARK Trusted Setup Multi-Party Computation Ceremony

13 Nov 2019 2 minute read 1 comment Loopring

  Headquarters for the ceremony is at https://loopring.org/#/ceremony, where participants and observers can keep up with the progress. This is the final step before the Loopring v3 beta will be used in production!   Why is the ceremony necessary? Loo...

Cryptocurrencies: Tunisia denies its intention to issue its own CBDC shortly

13 Nov 2019 1 minute read 0 comments Roberto D.

In the last few days, rumors had become more and more insistent that Tunisia was close to issuing its own CBDC (I talked about it in this article); these rumors had been confirmed in an article published by the Russian news agency Tass and had seemed...

China did 2 Huge Things For Bitcoin Now

13 Nov 2019 1 minute read 2 comments kingscrown

Damn this stuff looks amazing. Huge Article on the Frontpage of Chinese Media. Chinese state newspaper today (Xinhua) Bitcoin: The First Successful Application of Blockchain Technology Alibaba partners with Lolli If you never have better register t...

Ripple What do you need to know? [A Guide To Understanding Ripple]

12 Nov 2019 9 minute read 0 comments DoRi

Image source Ripple (XRP) is a cryptocurrency, but slightly different from most digital currencies. Ripple is in the hands of one company. This makes the currency more centralized than other cryptocurrencies. Although Ripple is getting better known,...

The War Riders Weapon Sale is Live

12 Nov 2019 1 minute read 1 comment egamersio

War Riders’ weapon sale is now available for everyone. The MMO blockchain game has made tremendous progress in the last months, and the alpha version of the game will begin shortly after the weapon sale. After completing some multiplayer action and t...

Road To Riches: The Ups and Downs Of Going All-In On Crypto

12 Nov 2019 2 minute read 0 comments salahchiva

The guarantee of a troublesome, developing innovation that could totally supplant cash as we probably am aware it, caused an advanced age dash for unheard of wealth of speculators planning to become quite wealthy by purchasing crypto resources. One b...

Analyst: Ethereum Still on Track for Move to $260 as Network Activity Spikes

12 Nov 2019 1 minute read 0 comments salahchiva

Ethereum has been intently following Bitcoin's value activity in the course of recent days and weeks, and this relationship has persevered when ETH dropped medium-term as BTC was met with critical selling pressure inside the lower-$9,000 locale, whic...