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.


Microsoft Azure will allow to create business blockchains with Quorum

3 May 2019 1 minute read 0 comments Exe8422

  A new platform that will offer a managed business service for the formation, management and governance of blockchain networks, integrated into the Quorum platform of JP Morgan, was announced this May 2 by the Microsoft Azure cloud computing company...

This service managed by Amazon already allows companies to create blockchains

1 May 2019 1 minute read 0 comments Exe8422

  The new service blockchains service or managed block chains of Amazon Web Services (AWS) is now available. The new Amazon Managed Blockchain is aimed at companies interested in maintaining, managing and managing information about their companies th...

Blockchain Games (Dapps) That Earn You Ethereum

1 May 2019 3 minute read 12 comments BinaryAssets

Blockchain based games bring the best of both worlds...games and money. So even if you're "only" a gamer or "only" a crypto enthusiast you want to do yourself a favor and look into some dapps. I'm going to cover a couple popular games and how you can...

The Biggest 92 Crypto-Money Price Rises

1 May 2019 1 minute read 0 comments mazlumyk

The Biggest 92 Crypto-Money Price Rises Bitcoin, the determinant of the market consisting of 2,141 crypto currencies, increased by 3.0 percent to $ 5,389 in the last 24 hours and accounted for 54.3 percent of the market with a market volume of 95 bi...

Explaining Crypto Risk (Important!)

1 May 2019 7 minute read 1 comment D man

  Every investment is a risk of you losing it all.Every.However, there are various categories and levels of risk. The goal of investor/speculator versus of a gambler is to have the risk in your favor.I woke up knowing I have to write this message....

Ethereum developers approve funding for ProgPow audit

30 Apr 2019 1 minute read 0 comments Exe8422

  During Ethererum's weekly main developer meeting held on April 26, Hudson Jameson, a member of the Ethereum Foundation, announced that the funding for the audit of the Programming Work Test algorithm (ProgPoW) was approved. At the meeting of the te...

Gate.io Exchange

29 Apr 2019 1 minute read 0 comments allojr

Gate.io Exchange Another interesting project is Gate.io,It is true that it is another exchange, as there are many, and if I have to say it all, they are born every day, but I also looked at this. I must say that I was impressed because I thought that...

Update 4: Cats cryptocurrency prediction experiment!

27 Apr 2019 1 minute read 1 comment Piet246

Update to see if my cat named Dikke Streep prediction has improved or not this week. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated results so far this year: 1....

Blackberry to enter Blockchain for Healthcare Services with its Data Privacy & Security Expertise

27 Apr 2019 1 minute read 2 comments pkalra

The company known for its wondrous series of mobile phones has now decided to cross paths with the new and more advanced technology i.e. blockchain. The company made an announcement less than a week ago in which it mentioned plans for storing and sha...

ETH/USD Daily Technical Analysis for 26.4.2019.

26 Apr 2019 1 minute read 0 comments Trader

Present Level: 157.88 Pivot level: 157.00 Immediate resistance level: 164.88 2nd resistance level: 175.22 3rd resistance level: 183.09 Immediate support level: 146.66 2nd support level: 138.78 3rd support level: 128.44 Note: Pivot levels are calcualt...