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.

zkTube's Ambition: In-depth Perspective on Layer 2 and Build a World-class Value System

28 Jul 2021 2 minute read 0 comments Aaron Wilson

From the outbreak of DeFi to NFT and the "Metaverse" ecological concept, the global blockchain industry has shown unprecedented kinetic energy effects. At the beginning of 2021, the price increase of various crypto assets is close to crazy, and insti...

Morning‌‌ ‌‌Update—July 29th—Macro and Crypto Markets

29 Jul 2021 1 minute read 0 comments Justin d'Anethan

Yesterday’s narrative was somewhat bittersweet: on one hand, Fed policies remain hyper accommodating which is positive but, on the other hand, the accommodating stance is based in lingering concerns about the economic recovery in the US -but also glo...

Binance Smart Chain Transactions Count 300% Up in Ten Days: Two Reasons Explained by GetBlock

29 Jul 2021 2 minute read 0 comments GetBlock

Yesterday, on Jul., 28, number of daily transactions handled by Binance Smart Chain smashed mid-May’s high and surged to new record. Why? Binance Smart Chain, Binance’s smart contract platform, witnesses an unparalleled growth in terms of network act...

GetBlock Comes To Polygon For Fast and Cost-Efficient dApps On-Boarding

5 hours ago 1 minute read 2 comments GetBlock

GetBlock adds Polygon shared and dedicated nodes to empower its clients with a seamless access to leading scaling solution. GetBlock, a top-league blockchain nodes provider, is going to expand into the Polygon full-stack scaling ecosystem. Both share...

Staying Safe in DeFi - Risks and Good Practices

29 Jul 2021 15 minute read 1 comment Mili DFS

DeFi started making its mark on the world, from being mentioned in the mainstream media, to attracting traditional investors as well as being seen as a serious contender in reshaping financial industry services. Most importantly, DeFi is slowly gaini...

Buying CAKE🥞 to play the rise of Crypto Gaming!

28 Jul 2021 1 minute read 0 comments Crypto_Lemon

Hello HODLers, It has been a while that I have been vocal about Crypto Gaming being the new hot trend that might take the crypto market higher. I will explain why I believe you can invest in $CAKE in order to play this theme. As usual this is NOT in...

Rug pull: Do you really know where you are investing?

29 Jul 2021 3 minute read 2 comments 1x0Fx0 - 100

Many investors, especially the younger ones - but not only them - are eager to recoup their losses, start investing in rotten tokens, which usually promise a lot and deliver nothing. As this is a normal movement in the financial world: asset recompos...

The Mystery of the Metaverse Gate: An Overview of NFT Evolutionary History and Trends

29 Jul 2021 13 minute read 1 comment LD Capital Research

  Author:LD Capital Research Edit: Noise z The full name of NFT, is Non-Fungible Token. It has the nature of being indivisible, non-interchangeable, and unique. At present, NFT is mainly used for cryptoart, game props, virtual goods, and tickets. I...

Sink or Swim - Where the Market is Headed

29 Jul 2021 3 minute read 0 comments Gongo

The past few weeks have been a crypto investor’s worst nightmare. While the individuals who have been involved in crypto for quite some time are still profiting heavily, the newcomers appear to be suffering the most. The hype generated around crypto...

Morning‌‌ ‌‌Update—July 30th—Macro and Crypto Markets

21 hours ago 1 minute read 0 comments Justin d'Anethan

Yesterday traded mixed. Early in the session, even with reports of economic slowdown in the US, traders were still buying -maybe thinking this solidifies accommodating Fed policies. Later in the session, the S&P which had reached record highs walked...