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.


Torum - Get Paid For Your Content & Social Media Engagements

15 Sep 2020 1 minute read 18 comments Sapphire

The Shift Blockchain powered social media platforms seem to be gaining a lot of attention in 2020! Publish0x, LBRY, Uptrennd and Read.cash have all been growing significantly and the concept of blockchain alternatives to the corporate giants are fast...

This Is Why TRX Will Be A Dominating Force This Super Cycle

13 Sep 2020 2 minute read 13 comments Sapphire

The 2017 Darling If you were in the Crypto space during the last bull run you will remember how Tron basically rose to fame in a matter of weeks. I picked up my first TRX at a fraction of a cent. Tron went on to become one of the best performing alts...

Will Ethereum Hold These Supports???

7 Sep 2020 3 minute read 2 comments moon333

Hi friends, hope you are well and welcome to the new update on Ethereum coin. For the people who are not following my articles on Ethereum they can also follow my complete series of videos on Ethereum on the Cointelegraph below is the link: https://w...

🗞 Daily Crypto News, September, 26th💰

26 Sep 2020 4 minute read 0 comments Crypto_Lemon

Welcome to the Daily Crypto News: A complete News Review, Coin Calendar and Analysis. Enjoy!   On the weekend I decided not to make my Daily Crypto News Video but I will upload a video later on about a cool project ! Stay tuned 😃 Here is yesterday's...

AESwap Series: Three Major Breakthroughs in DeFi and the Decentralized Revolution

4 Sep 2020 3 minute read 2 comments aelf_blockchain

  After a sluggish year in 2019, the blockchain industry has been revived this year by DeFi, a highly innovative financial model. 2020 will no doubt go down as a very special year, as the coronavirus has plunged the global economy into recession and...

What is "Gas" - Crypto Whiteboard 101

31 Aug 2020 3 minute read 9 comments The Part Time Economist

Over the past few months, one of the most popular phrases in the cryptocurrency world is that "gas prices are so high." If you're new to cryptocurrency, you might be confused as to what "gas" actually is, and why it matters. In this article, I will b...

Why aelf will be the DeFi leader among major public chains

18 Sep 2020 5 minute read 5 comments aelf_blockchain

aelf has in fact been making its own plans and strategies for DeFi quite early on. aelf has clearly sensed the status quo and future of DeFi. Based on this, aelf is striving to be the most thorough innovator and leader in the industry: In the fi...

There is Now $1B Worth of Bitcoin on Ethereum

18 Sep 2020 1 minute read 2 comments Abhi K

The total number of Bitcoin (BTC) on Ethereum (ETH) has crossed over $1 billion, as wrapped Bitcoin and other forms of tokenized Bitcoin increase in popularity with the advent of DeFi goldrush. There is currently 99,347 BTC on Ethereum as of Septemb...

GOOD NEWS: UNIFI DeFi has REDUCED staking requirement!

21 Sep 2020 1 minute read 5 comments Deficat

We hear what our community wants, and we truly appreciate the underdog – the small bag holders – and in a show of respect for that, we’ve reduced the amount of UNIFI DeFi tokens needed to stake! At UNIFI DeFi we listen to our community, what our Uni...

Best Practises and strategies for Managing Defi Risks - latest update on Sept 4/2020.

2 Sep 2020 6 minute read 4 comments fblauer

Introduction There is a lot of excitement over the current state of the market. Its easy to get carried away with the hype. Most people in the crypto space tend to focus their attention on trading, since that is what they hear about most, and it work...