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.

BlockFi Will Allow More of Your Crypto to Earn 6.2% Compound Interest

28 Nov 2019 1 minute read 0 comments CryptoWordsmith

I wrote previously about my experience with BlockFi, and have successfully received compound interest on the Bitcoin that I deposited.  The BTC that I received from their earlier promotion was also a nice bonus!  To show the crypto community they are...

What is PlatON Network?

28 Nov 2019 2 minute read 0 comments Nikita

The success of blockchain in the future is very predictable. To describe all this huge blockchain success, the terms are endless. His achievements are confirmed by the existence of the cryptocurrency Bitcoin, which slowly contributes to technological...

ETH/USD - (Post-)apocalyptic review

28 Nov 2019 2 minute read 0 comments BlessPatrick

I'm directly referring to the first article today for introduction. For the first time I wrote about BTC before ETH, sorry for the crime ! As I am preparing myself for a long term investment and not an intraday, I'll start my analyse of the current s...

Blockchain and the telecommunication industry

28 Nov 2019 2 minute read 1 comment starke_kunst

I want to continue a series of articles about new areas where blockchain can be used. Also, I want to highlight some startups that are trying to implement blockchain solutions in those new areas. Do not forget to check my previous articles “Blockchai...

GPM CARBON - Financing The Launch of Innovative Production To Solve Environmental Problems

28 Nov 2019 6 minute read 0 comments Cryptoholical

PREAMBLE A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gain...

What is a Multi-Currency Crypto Wallet?

28 Nov 2019 4 minute read 2 comments pheonixdown-dee

Before you jump into the article, Sidekick App are holding a Giveaway where you have the chance to win 1 of 5 Trezor Wallets. You can read up my article on it here, or you can go to the competition page  and take part in the giveaway to have a chance...

$ 50 million robbery on the upbit crypto money exchange!

28 Nov 2019 1 minute read 0 comments Hero crypto

The allegations of hacking about the popular crypto currency exchange Upbit, which was suspected to have been attacked in the morning, came true! The stock exchange just confirmed the loss of 342,000 Ether, worth around $ 50 million. In the morning,...

Ethereum Stolen From Upbit Exchange with Unknown Transaction

28 Nov 2019 1 minute read 0 comments HowToVids

Security issues are still to be resolved. Already many companies lost their assets in unknown transactions. Companies try their best to protect all that but hackers are more clever to steal these assets. This time a South Korean Company Upbit is a vi...

Upbit lost $50 million of ETH

27 Nov 2019 1 minute read 1 comment cryptonaito

  At 17:56, November 27th, 2017, Upbit urgently announced that 342,000 ETHs have been moved out of its wallet and confirmed hackers did the transaction. A few minutes later, Upbit suspended withdrawal and deposit to maintain their server. Moreover, U...

Play Now Battle Racers Early Access

27 Nov 2019 1 minute read 1 comment egamersio

Battle Racer’s early access is available for everyone! Players can join now and fight in real-time PVP races by using car parts they own. Please note that this is a standalone, web version and it’s separate from the Decentraland build. As soon as,...