Ethereum (ETH) News, Price Predictions, Opinions and Analyses Created by Users

Ethereum (ETH)

5,917 Articles 3188 Followers

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.

zkRollups Explained - Slashing fees to $0.003 per trade with Loopring

12 May 2020 2 minute read 5 comments Li_KungFu

The latest scaling innovation to be realized on Ethereum 1.0 is zkRollups, a sophisticated layer-2 scaling solution that increases scalability through the bundling of transfers into a single transaction. zkRollups, (‘Zero-Knowledge’ Rollups), increas...

Cartesi May Development Recap — Expansion!

15 May 2020 2 minute read 3 comments Cartesi

As part of our external efforts to communicate what’s brewing behind Cartesi’s closed doors, we’re shining new lights on the tremendous efforts in Cartesi’s development department for this month, with an objective-based list and some other exciting...

Difficult Path For Ethereum

23 May 2020 2 minute read 8 comments Cryptonite

    Hello everyone, today I want to talk about Ethereum as the second most capitalized cryptocurrency is in a key level for a further move, we will see if this movement will be bullish or bearish, before start the analysis is good to know that the cr...

0xe41d2489571d322189246dafa5ebde1f4699f498: 0x Token

15 May 2020 5 minute read 5 comments M87

During the times when regulations were beginning to crack down on centralized exchanges, it became more clear that Decentralized Exchanges (DEXs) was necessary for the future of the cryptocurrency and the blockchain ecosystem. Early blockchains such...

Blockchain is Empowering Creators

14 May 2020 5 minute read 11 comments brucethegoose.eth

   If you've not take the time to dive deeper into the seemingly endless maze of rabbit holes that exist within the crypto ecosystem, you may not be aware of NFT's. More likely, you've heard the term but aren't certain of it's meaning, or possibly si...

Should Compound add Tether?

27 Apr 2020 1 minute read 0 comments DefiMoon

In August of 2019, Compound users were given a vote on which new coins should be added to the protocol. Tether (USDT) and MakerDAO's MKR coin won the vote by a wide margin. And in April 2020, Compound launched their governance token COMP, with an in...

Samsung reveals a blockchain linked smartphone

15 May 2020 2 minute read 9 comments McAlex7

It is now official Samsung stated that their brand new phone the Galaxy A Quantum will be launch on May 22. If this news seems to be anodyne it's actually a huge change in the phone and electronic devices business, first because it's the first phone...

How I Created A Crypto Onboarding Platform, And How You Can Too

24 May 2020 5 minute read 6 comments alexroan

Buy Crypto Without The Fuss Using Web3 And Ramp Network. Buying Crypto is painful If you’re not uploading your passport or driving license for tedious KYC checks, or waiting for your bank account to be approved, you’re waiting days to withdraw your c...

/r/Cryptocurrency Introduces Moons! A Reddit Token!

14 May 2020 1 minute read 5 comments FarewelltoMinds

  As a part of Reddit’s new ERC-20 point system, /r/cryptocurrency has introduced it’s own 'token' called Moons. Each community on reddit has its own variant of community points, represented on the Ethereum blockchain. Community Points represent owne...

Weiss Ratings sees signs of a repeat rally of 2017

24 May 2020 1 minute read 3 comments World Crypto

Recently, bitcoin is increasingly showing signs resembling a cryptocurrency rally 2017, according to an analytical agency. Bitcoin has recorded the highest level of positive sentiment since 2017, the Weiss Ratings analytical agency reported. Accordin...