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.


What is Sense Chat? - Airdrex

22 Apr 2020 1 minute read 0 comments Airdrex

Sense Chat allows you to safely chat and transact with your friends and family without third-parties spying on or storing your data. Within seconds, you can create an account then start chatting and sharing cryptocurrencies with the built-in digital...

Coronavirus Has Changed Everything. BIG Announcement For This Blog

22 Apr 2020 2 minute read 6 comments Cryptolohy

Hello Fellow cryptolohians!   I have something really important to tell you. As you undoubtedly know by now, coronavirus is trampling upon civilization in astounding ways, more evidence coming up every day about the seriousness of the situation, with...

DAI slowly recovering its peg but still lagging behind other stablecoins

22 Apr 2020 1 minute read 0 comments DefiMoon

DAI is finally starting to make its way back to the $1 mark. Since MakerDAO voters lowered the interest rates on vaults collateralized with ETH and BAT to 0%, the supply of DAI has steadily grown by about 10 million DAI. This growth shows confidence...

ALT COIN GOOD NEWS BUT EXIT SCAM AND HACKS TOO - REKT BY ALTCOINS #0015

22 Apr 2020 1 minute read 0 comments CRYPTOXICATE

-Its sad we still have this time of scams like what just happen on EOS, its not the blockchain fault its just bad actors deciding to use EOS, its very important to always avoid high "daily promised returns" without you doing nothing because its most...

2.5 Bitcoin can buy a whole Oil Tanker Cruise Ship After US Oil Stock fell below Zero

22 Apr 2020 1 minute read 3 comments CryptoPk

hello readers, after the oil Market of American crude Oil Stocks (WTI) Crashes and surpass the value of zero, now you can buy a whole cruise oil tanker ship with just 2.5 Bitcoins. That's the power of cryptocurrency nowadays with respect to oil. You...

HUGE News > Ethereum to join Neo with Chain and NFT Swaps On Phantasma Chain's World leading Blockchain 3.0

22 Apr 2020 1 minute read 1 comment Superman Hype

Phantasma Chain is a 3.0 Blockchain and has the world's most advanced NFTs and Chain Swaps. Chain swaps between NEO and Phantasma is already live, as it was a necessity to launch the blockchain. And now pre-annouce... The next blockchain to be intr...

COINBASE

22 Apr 2020 5 minute read 0 comments Marekiaro

Coinbase is an online platform, which allows you to safely buy, sell and transfer digital currency. Coinbase was founded in 2012 and operates in 32 countries, including Italy, allowing you to use the three most important cryptocurrencies in circulati...

Coinpass Featured in Leading London CityAM Newspaper

22 Apr 2020 2 minute read 0 comments coinpass Global

In 2017 the blockchain space wason fire. New technologies were being designed, created and deployed acrossmultiple different technologies. The future was bright, and opportunities wereeverywhere, but there were still major choke points in the Blockc...

coinpass Partner with Koodoo Global Crowdfunding Platform

22 Apr 2020 1 minute read 0 comments coinpass Global

SOURCE: https://blog.coinpass.com/blog/coinpass-partner-with-wework-blockchain-labs-as-a-mentor-partner Koodoo Global is a crowd equity funding platform for early and mid-stage companies to raise funding to expand their ventures. Koodoo has selected...

Imperial - The Most Ambitious Cryptocurrency Project

22 Apr 2020 3 minute read 6 comments boyka

      Imperial(UNIT) is an economy token based on the ERC20 token protocol (for now), but it plans to scale into its own privacy chain. While being a very recent project Imperial already has a staking mechanism implemented, offering high rewards for...