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.

CNFTs // Could the future of NFT art be on Cardano?

4 Aug 2021 5 minute read 1 comment RedFuture

    CNFTs // Could the future of NFT art be on Cardano?   NFT, an acronym that is synonymous with the digital art world and the Ethereum smart contract enabled blockchain. But selling art on Eth has not been without its challenges, most notably the...

Ethereum - The final countdown

15 hours ago 1 minute read 0 comments Cryptofab

So many things have been written about the London hard fork. It is the D-day today, the final countdown: No way to escape. If it works as expected, it will help ETH to pump higher, maybe not in the next f...

What Is London Hard Fork Upgrade & How it will change Ethereum forever?

2 hours ago 4 minute read 0 comments CryptoWise

  “When the intent is to serve the dreams of millions of crypto enthusiasts and support the game-changing innovation for the larger good of the humanity, the project like Ethereum 2.0 happens ” The most awaited ETH 2.0 London upgrade has been rolled...

Rollercoin: Is season 1 pass worth?

4 Aug 2021 1 minute read 0 comments milo70VA

If you´re wondering about buying or not the season pass, I´m going to list every item from the season pass sepaing the free rewards from the paid season pass rewards. In the free season pass, you get this rewards at this levels: Level 2: x2 Racks fo...

Un-bank Yourself With Celsius

21 hours ago 6 minute read 0 comments Canadian Dreamer

It seems as though decentralization platforms and projects have completely taken off over the past 2-3 years. The rise of blockchain technology is helping to launch new companies, especially in the financial sector. There are many decentralized finan...

03 Aug: Wells Fargo Joins the Party

3 Aug 2021 1 minute read 0 comments TheCryptoCurator

"Define success on your own terms, achieve it by your own rules, and build a life you're proud to live."-Anne Sweeney Big news of the day is Wells Fargo now offers Bitcoin and Crypto exposure to wealthy clients. Watch the Video of the Day as Altcoin...

What to Mine After EIP-1559?

3 Aug 2021 1 minute read 0 comments Kepters

Effect of EIP-1559 on Ethereum Mining EIP-1559 will be implemented on August 5th according to EIP-1559 aims to change the way gas (transaction) fees work on the Ethereum network. Currently, the more you spend on gas, th...

Ethereum's Awesome W Bottom

4 Aug 2021 1 minute read 0 comments toofasteddie

We already know that patterns are not always fulfilled, although many of them have considerable reliability.In particular, the one we see in ETH is an impressive almost manual W-Bottom, also called a double bottom.     According to Samurai Trading...

It Is Finally Time for Ethereum's EIP-1995 Update

1 hour ago 2 minute read 0 comments zacharias

5 August 2021:  Arguably the most highly anticipated Ethereum update outside of ETH2.0, EIP-1559 is a significant update to the monetary policy of Ethereum itself.  With the introduction of Ethereum "burning", this update is enthusiastically anticipa...

ROLLERCOIN Earn real bitcoin while playing a mining simulator game NEW ERA

14 hours ago 1 minute read 2 comments ilCreatore

    Rollercoin was made for you to play games and build a data center, while you earn your first real cryptos! But please, don’t rely on mining in RollerCoin as your main source of income. RollerCoin is a mining game, it’s made for having fun playing...