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.


My Crypto Earnings (July)

2 Aug 2021 6 minute read 16 comments johnwege

Another month has come and gone and that means my favorite time has come again.  If your new, this is the time that I calculate my monthly earnings in crypto.  This is an on-going series of mine where I track my performance each month.  I do this not...

METAMASK SCAM YOU MUST AVOID!!

2 Aug 2021 4 minute read 12 comments Wonrey

The founder of an NFT game loses 16 CryptoPunks and a bunch of Ethereum to a scammer. This is over a million dollars worth of NFTs and Ethereum. And the sad part is that he's not getting it back and surprisingly, he's not a rookie, like we said, he i...

The 3 Types Of Crypto Users

1 Aug 2021 4 minute read 18 comments Absolute Unit

I was inspired to write this by the recent moon event we saw with FARM. Price shot up nearly 300% in a 7 day timespan due to a bevvy of updates from the devs and a surprise Coinbase listing that has brought all sorts of new eyes to the Harvest Financ...

Berlin And London Hard Forks: A Short Summary

1 Aug 2021 1 minute read 1 comment ChangeNOW

On April 15, 2021, Ethereum Berlin Hard fork went live. This is a step towards ETH 2.0 — a major Ethereum upgrade that will reduce gas fees, allow millions of transactions per second, and retain Ethereum’s leading positions among the DApp platforms....

KuCoin Weekly Technical Overview: Is The Current Bitcoin Bull Market Momentary? Technical Analysis Says Otherwise 

2 Aug 2021 3 minute read 2 comments KuCoin Blog

The trillion-dollar global crypto market is finally experiencing reliable bullishness for over a week or so. The illusion of the everlasting Bitcoin and altcoin bull run in early 2021 was put to an end with the major update from Tesla and the China c...

Which is Better: Bitcoin or Ethereum?

1 Aug 2021 5 minute read 8 comments MintDice.com

Cryptocurrency prices are once again on their way up. And if you aren’t in on the action just yet, it may be a good time to jump in. But if you are unfamiliar with how cryptocurrency works, this may leave you wondering just what you should purchase,...

These Three Improvements Can Make Ethereum Unstoppable

1 Aug 2021 3 minute read 2 comments paragism

Ethereum is the most popular blockchain for building DAPPs or decentralized applications. There have been numerous so-called Ethereum killers but the blockchain has remained a favourite for the developers due to its high composability. DeFi or decent...

All you need to know about - Algorand

1 Aug 2021 8 minute read 12 comments Mishal Alexander

The topic of this blog post is Algorand, a popular blockchain network and it's native cryptocurrency token - Algo. You may have many doubts regarding it. Some speculate it to be a sleeping giant whereas some see it as a strong contender against Carda...

How Shifting from Centralized to Decentralized Social Sharing Changes Reality

16 hours ago 6 minute read 1 comment Melusine

By Patricia deHemricourt Social Media platforms have done wonders to make the world a more connected place. Yet, centralized social media platforms tend to privilege revenue over users' interests, so maybe it is time to consider switching to a decent...

ZED.RUN is the next evolution in online gaming!

1 Aug 2021 4 minute read 0 comments McKayStevenson

Have you ever dreamed of owning a racehorse? I’m sure you, like most of us, have sat watching the Kentucky Derby thinking “that would be a cool world to live in”. And certainly, for most of us, that is as close as we’ll get to owning a racehorse :( I...