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.


How Not to Fall into Scams During the DeFi Hype 2020

5 Nov 2020 6 minute read 4 comments Chriss

As the cryptocurrency space is witnessing rapid growth disrupting various sectors, decentralized finance (DeFi) platforms have also displayed rapid growth. From $275M locked up in the DeFi sector in early 2019 to a whopping $8.9 billion or more curre...

Alts Booming - Weekend Market Update!

21 Nov 2020 1 minute read 1 comment Sapphire

Alts Beginning To Boom On the 17th of November I posted "Let's Explore The World Of Passive Crypto Income - Part 10", in which I addressed the fact that I believed it was time to start picking up some great staking altcoins. My belief and motivation...

Single-Sided AMM Staking on Bancor V2.1

26 Oct 2020 1 minute read 12 comments Bancor Network

Step 1: Go to https://app.bancor.network/eth/protection and click “Stake”   Step 2: Under the Single-Sided Protection option, click “Stake and Protect”:   … in the list that appears, search for the pool you want to contribute liquidity to. Here, we...

BTC & ETH Are Both Forming Double Tops - Prepare For Dump City?

1 Dec 2020 1 minute read 8 comments Sapphire

All Trading Positions Are Now Closed After opening new positions in ETH at approximately $500 after the recent mini dump, I subsequently decided to close all of these positions in profit after I saw the $600 mark fail once again. The same scenario is...

Everything fades into the Cloud

7 Nov 2020 2 minute read 2 comments alquimista1501

One of my first experiences within the world of cryptocurrencies, and more specifically within the world of mining, was precisely the income of Hash to be able to mine, something that is basically called cloud mining. This first experience was a fail...

Origin Dollar(OUSD) dropped to $0.14 after hack

19 Nov 2020 3 minute read 16 comments PVMihalache

The Origin block-chain e-commerce platform is backed by other stable-coins, not by fiat. Origin Dollar was promoted as the 1st first stable-coin that earns a yield while holding it in the personal wallet and the OUSD balance compounds multiple times...

Bitcoin, Ethereum and Ripple towards new highs!

1 Dec 2020 2 minute read 2 comments Roberto D.

Behind the Bitcoin boom, which has pushed within a whisker of all-time highs, there are multiple factors. Among the most significant ones at this end of 2020 there is certainly the expansion of the audience of potential buyers of cryptocurrencies wit...

What is Shitralization in Crypto?

28 Nov 2020 1 minute read 7 comments AlucardLife

Shitralization, n. — the unsustainable and unequal centralization of a decentralized system. Wait. How can you centralize a decentralized system? Easy. Ask Paypal. Ask Ethereum. Ask any number of projects that convenience government censorship and en...

Multiple reward programs are here! Get ready!

26 Nov 2020 1 minute read 0 comments Official Okex

Thanksgiving is all about being thankful and showing gratitude to our loved ones. Since OKEx announced the reopening of its withdrawal functions at 8:00 (UTC) on November 26, 2020, we are also launching multiple holiday rewards campaigns to express o...

Ethereum 2.0 is officially here!

29 Nov 2020 3 minute read 1 comment Roberto D.

The highly anticipated launch of Ethereum 2.0 is scheduled for next week. It has been confirmed that ETH 2.0's Proof-of-Stake blockchain, known as the “Beacon Chain”, will run parallel to the Ethereum network starting December 1st. Yes, there are onl...