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.

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...

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...

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...

Why Bitcoin Is The Ultimate Savings Mechanism

12 Jul 2021 4 minute read 3 comments Sapphire

Cash Is For Spending It is a logical assumption that one would want to spend a currency that is devaluing and save in one that is appreciating. No matter where you may find yourself in the world, your local currency is losing value at an accelerated...

Problems on the Ethereum Blockchain: Let the Anger Games Begin

21 Jul 2021 1 minute read 3 comments DailyCoin

Ethereum is facing network update delays that prelude its progression to the new Proof of Stake consensus mechanism. Miners are already protesting the upcoming EPI-1559 upgrade as it restructures their mining fee allocation. Transaction fees continu...

How close are we to a 'fiat-less' world?

23 Jul 2021 3 minute read 3 comments Dzoelx

Source I’ve come across numerous articles tipping bitcoin and cryptocurrencies over fiat currencies and a couple more insinuating the inferiority of traditional hard currencies and suggesting these currencies might become obsolete and deprecated in t...

Maker (MKR) Has Been Unseated as the Top DeFi Project... But Is It As Strong as Ever?!

28 Jun 2021 6 minute read 0 comments Michael @ CryptoEQ

    Maker Strengths Maker is one of the first DeFi projects and still currently boasts one of the highest total value “locked” (TVL) in a DeFi application at ~$6.5 billion. DAI is the leading decentralized, permissionless, trustless stablec...

My Experience Diving into the World of Crypto Gaming with Axie Infinity

15 Jul 2021 12 minute read 8 comments Sinistra

Disclaimer: Cryptocurrencies are still considered highly speculative. Please consult a qualified financial advisor before investing in them. This article is not a recommendation by Demystifying Crypto or the writer to invest in cryptocurrencies. As o...