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.


Register Now For The Cryptowars x egamers Tournament With 150$ Prizes in DAI

8 Aug 2019 1 minute read 0 comments egamersio

We are happy to announce that this Saturday, at 3PM UTC, we will host a community tournament with the free-to-play and play-to-earn game Cryptowars! $150 DAI in Prizes For The Top 10 Warriors REGISTER YOUR SEAT NOW About Crypto Wars: Crypto Wars is a...

Ethereum Correction To Be Over Soon

8 Aug 2019 1 minute read 0 comments Oligon

Ethereum is currently forming either a flag pattern formation or a most likely an ascending triangle. However, price is currently in a downtrend and sellers have shown a strong presence with large impulsive red candles on the chart, so I think this a...

The cloud mined ETH token and game

8 Aug 2019 1 minute read 1 comment Cal_tv93

Well, there are two apps to this that both work together under the same account so we will just take each app on two different sections to make it less confusing hopefully.   Phoneum This is the cloud miner where you have to open the app every 24 hou...

Spencer's "Cent Spotlight" Graphic RFC Submission 🔦

7 Aug 2019 2 minute read 3 comments StuffBySpencer

  Hey everyone! 👋 Cent is a blogging platform somewhat similar to Publish0x. The key difference is that on Cent, if someone likes your post they will tip you (called "seeding") with a chosen amount of ETH. I'm a blockchain fan & dencentralized fanat...

Gods Unchained Beta: Ranked Weekend 2 post-action report

7 Aug 2019 2 minute read 0 comments CryptozNewb

This past weekend saw the 2nd iteration of Ranked mode for the Gods Unchained beta, wherein players can build their decks, compete against other players, and get rewards at the end. This time around, rather than simply handing out prizes based on ran...

The Future of Money Starts Now

7 Aug 2019 9 minute read 3 comments kevonthebloc

No one believed the Doom and Gloom Sayers just before the 2008 financial crisis hit.The world's largest mortgage bankers (Fannie Mae and Freddie Mac) went bankrupt. No one believed something that big could fall apart. But it did.Now there's something...

EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Nineteen - Down 75%

7 Aug 2019 4 minute read 16 comments starthere

The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalanci...

3 Takeaways You Need To Know From MakerDAO's Presentation at Fluidity 2019

7 Aug 2019 2 minute read 0 comments Ra.Tomps

Gregory Di Prisco, Head of Business Development at MakerDAO, had recently delivered a presentation titled “Beyond Banks” at the Fluidity 2019 Conference. The presentation highlighted a number of important features, present and upcoming, that are inte...

Samsung Has 17 Crypto Apps in its Dapp Store (With Screenshots)

7 Aug 2019 1 minute read 0 comments yourmitchy

If you didn’t know, Samsung already has released its own decentralized app store which is starting to fill up. Launched in March 2019, Blockchain Keystore is Samsungs proprietary decentralised application marketplace and cryptocurrency wallet. Blockc...

USDT & Trust Dice

7 Aug 2019 1 minute read 0 comments Trust Dice

We are so excited to announce that the token USDT-ERC 20 will be added to Trust Dice. USDT-ERC20 will allow Trust Dice to continue to innovate, greatly expand our project’s aims as well as allowing for increased use cases of this valuable stable coin...