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.


Decentralized Finance: What Is DeFi?

23 Jul 2021 2 minute read 1 comment Scott Cunningham

You’ve probably been hearing the word DeFi a lot. It stands for decentralized finance. We’ll discuss how it’s different from centralized finance, the benefits and drawbacks, and what you can do with it, and why it matters. Let’s dive in. Many of th...

Andre Cronje: A man called DeFi

21 Jul 2021 2 minute read 0 comments Dzoelx

Your definition of farming must have changed significantly from whatever it was about two years ago. ‘It ain't much, but it’s honest work’ Well, very honest…except if you are part of the rug pull gang, lol. With DeFi, blockchain developers are buildi...

Buying the dip: Few points to consider.

14 Jul 2021 4 minute read 2 comments Dzoelx

Source Buying a coin that has already made a tangible gain is always a scare for cryptocurrency investors. No one wish to buy at the top, done that a couple of times myself and was full of regrets…as usual. ‘The greens are amazing’, but that is only...

Managing crypto price dips; what’s your hack?

16 Jul 2021 5 minute read 0 comments Dzoelx

Source Altcoin markets are looking bloody once again. Déjà vu? Well, most likely. The crypto space is a very dramatic zone, quick succession of events. Each event is accompanied by a stream of emotions. Investors, likewise traders are caught in the t...

Crypto Misadventures: A Wallet By Any Other Name

17 Jul 2021 7 minute read 15 comments Thumbs Up Finance 🇨🇦

Hey friends 👋 I wanna tell you a story 📖 When I first started exploring the world of cryptocurrency I knew one thing for certain... I am about to make a lot of mistakes 😅 You know, we hear stories about people who got in early and made huge gains on...

Bitcoin Is No More A - 'Get Rich Quick"

6 Jul 2021 2 minute read 3 comments Suny Ag

There is no doubt about the fact that everybody wants to be rich in a quick time. But the youth today is almost crazy to become rich by following the shortcuts to get rich quickly and ignore the risk. In fact, in the last few months, there has been a...

Axie Infinity Gaming Platform & NFT Marketplace Review

9 Jul 2021 2 minute read 2 comments Heath Muchena

Axie Infinity was developed by Sky Mavis and built as an engaging, fun and educational way of introducing blockchain technology to the masses through a play-to-earn model. It is described as a trading and battling game which enables participants to e...

The History of Decentralized Finance

29 Jun 2021 8 minute read 1 comment RelyOnCrypto

Although there is no one agreed-upon date for the birth of decentralized finance, there were a few key events that paved the way for DeFi. The first of them was Satoshi Nakamoto's development of Bitcoin in 2009. Whether or not Bitcoin should be categ...

In July, NFT BlackMarket will launch the First Practical NFT Platform on smart chain. you can mint NFT for free...

3 Jul 2021 1 minute read 11 comments NFTBlackMarket

  On NFT BlackMarket, you can tokenize anything you can imagine for FREE no more high gas fees. You can collect, and trade NFT Tokens and manage all of your digital assets in one place. NFT BlackMarket will become the premier destination for NFTs an...

Yes, Bitcoin And Crypto Are A Speculation. So Are Stocks And Commodities.

18 Jul 2021 5 minute read 3 comments razvantomegea

Originally posted on lifestylemaniacs.com The first thing haters say about Bitcoin — and crypto — is that it is a speculative bubble, and it has no intrinsic value, and they are right. However, they are wrong when they say gold, stocks, or cash...