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.

BTC, ETH & Stablecoins have an overwhelming influence over the crypto ecosystem

13 Jul 2021 3 minute read 1 comment fklivestolearn

Digital assets are shaping up to be a diverse asset class with varying use cases — which is driving its growth Figure 1 Despite the current slump in crypto prices, the nascent digital assets class has come a long way in the year or so. A diversified...

It's a hot DeFi summer for Harvest Finance: June-July Updates

13 Jul 2021 3 minute read 22 comments PVMihalache

Harvest Finance automatically farms the highest yields in DeFi, creating #BreadForThePeople ! The DeFi summer has started and Chad leads the way in his tractor Binance Smart Chain When Chad opened a farm in CZ's town, I was happy! The fees on Binance...

What Is Ethereum Name Service & How It Changes The World Of DNS?

1 Jul 2021 5 minute read 1 comment CryptoWise

  Today we will explore one more awesome use case of Ethreum blockchain termed  ENS: A DNS like service On Top Of Ethereum Blockchain The blockchain use case is not limited to crypto, tokens, Defi, Dapps, DEXes, etc, it is also a way to give a nam...

An Overview of the DeFi Landscape in Q2 2021

16 Jul 2021 3 minute read 1 comment fklivestolearn

Although the second quarter saw a broad continuation of the momentum, things slowed down in June   Doesn’t feel like it was only a year ago that the nascent decentralized finance started to make waves in the digital assets space. Compound is one of t...

Uniswap (UNI) V3 Is A Huge Success! But How?!

8 Jul 2021 5 minute read 2 comments Michael @ CryptoEQ

    Uniswap V3 continues where V2 left off: leading the DEX space and showing continued growth. This should come as little surprise IF you understand what makes V3 even better than its predecessors. Below is a short explanation of exactly that and w...

BINANCE UPDATE: Stock Suspension and Threats

19 Jul 2021 3 minute read 7 comments Wonrey

Binance is under attack once again by the regulator. This is not fud, this is all factual information to keep you guys informed. The first thing that I want to clarify and get out of the way is that all of these attacks we have seen against Binance o...

Know Your Coin: Stability, Reimagined

15 Jul 2021 11 minute read 0 comments Thumbs Up Finance 🇨🇦

Hey friends 👋 Welcome to the first ever issue of Know Your Coin, the series where I'll explain the idea behind (and the potential value of) various cryptocurrency projects 👨‍🏫 At the time of writing there are over 4000 cryptocurrencies in circulatio...

Eth 1.0 and Beyond: Part 1

29 Jun 2021 4 minute read 0 comments Mark Anstead

The biggest change to Ethereum since its inception, the switch to a fully functional Eth 2.0, is planned for 2022. In part one of this non-technical, two part series we take a quick look at the problems that face Eth 1.0 and why Eth 2.0 is di...

So What Are You Doing With Your ETH?

20 Jul 2021 4 minute read 10 comments Sapphire

Market Under Pressure  The Crypto market continues to face heavy downward pressure, amidst an onslaught of multiple factors. Fearful and inexperienced investors begin to sell off in this type of climate, which is clearly the worst thing to do. If you...

Synthetix (SNX) Is Soon to Join the Layer 2 Club, Launching on Optimism THIS Month! What Does That Mean for the Existing Technology??

20 Jul 2021 8 minute read 0 comments Michael @ CryptoEQ

Overview Synthetix is an Ethereum-based DeFi project that serves as a decentralized exchange (DEX) and issuer of synthetic assets in an open, decentralized, and trust-minimized way. It accomplishes this through a staking-based incentive system,...