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.


Ubisoft (A giant video game industry) is developing Ethereum based game

13 Jun 2019 1 minute read 2 comments Turtle_Girl

Ubisoft (Known for Assassin Creed and Farcry) is all set to develop games in where you would be able to buy in-game items using Eth as CEO of Ubisoft said "Blockchain technology is potentially revolutionary for video games in future. This is somethi...

Analyzing EOS, BNB, BAT, ETH, LTC and XRP: A Closer Look

13 Jun 2019 1 minute read 1 comment Workin

Like Bitcoin, many altcoins are looking ripe for a larger move. EOS is peeking it’s head up and out of a wedge it’s been consolidating in these past few days. Binance Coin (BNB) just broke out of the bullish, descending broadening wedge we discussed...

DABANKING IS THE FUTURE OF DAPPS AND THE GAMING SYSTEM

12 Jun 2019 4 minute read 0 comments Cjkalu

    The issue of digitization is no news in the world today. Digitization is made possible through the development of sophisticated technologies and gadgets, which has helped in a great number of ways, the activities of the global population.   An...

The Zombie Crypto Apocalypse and You!

12 Jun 2019 1 minute read 7 comments Crypto Pappy

YOU'VE BEEN WARNED! There comes a day in every Crypto-Citizens life when you just have no clue WTHeck is going on. I've heard the lament of many crypto-citizens as I strolled through the labarynth of blockchains. Until one day ... it happened! I seen...

DAI - A Solution for Uncertainity & Liquidity Demand - Technical Analysis?!

12 Jun 2019 1 minute read 11 comments chrispop

I want to start off by defining a stablecoin. I don't want to bore you with the Wikipedia definition so a stablecoin is a cryptocurrency that has low volatility by being backed up with fiat currencies, different assets like gold, silver, etc.  Our su...

Gods Unchained Open Beta is Now Available to Everyone

11 Jun 2019 1 minute read 0 comments egamersio

The highly anticipated TCG Ethereum based Blockchain game has finally allowed to everyone on the beta waiting list to join the early beta version of the game! Gods Unchained added 1200 users last week and after proceeding with bug fixes, the gates of...

Top 5 Enterprise-focused Blockchain Projects in 2019

11 Jun 2019 4 minute read 2 comments xaviercote

When it comes to Blockchain, Cryptocurrencies such as Bitcoin & Ethereum is what comes into mind, for the majority of us. But the reality is that this technology now extends beyond the Cryptocurrency world or its tight-knit community. It turns out th...

Update 10: Cats cryptocurrency prediction experiment!

10 Jun 2019 1 minute read 0 comments Piet246

After a week full of ups and downs I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated results so fa...

xDai and the Burner Wallet - demonstrating the power of blockchain

9 Jun 2019 2 minute read 3 comments Optimist

Most people within the crypto space will have already heard about Dai and MakerDAO – and hopefully this will even soon extend beyond just the crypto space! However, despite this amazing achievement, the user experience can sometimes still leave more...

ERC777 Token An Update From ERC20

9 Jun 2019 1 minute read 0 comments bitcoinflood

Ethereum has been one of the biggest token distriubutors outbeating any other cryptocurrency token system by ten fold. This is because of the amount of capital behind the ethereum token, developers working on ethereum and token based projects and num...