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.

What Is Polkadex (PDEX) And How Does It Work? | KuCoin Crypto Gem Observer

16 Apr 2021 2 minute read 2 comments KuCoin Blog

To this day, there is still much debate around the benefits of centralized exchanges versus their decentralized counterparts. While DEXs are the champions when it comes to anonymity, their low liquidity in comparison with CEXs can be a major deterren...

$5K+ From Crypto Social In One Month – Earnings Report #16

17 Apr 2021 3 minute read 5 comments Scott Cunningham

You want to take full advantage of the social platforms out there that use blockchain technology or have crypto monetization, so here are the 12 platforms I used to make $5,103.10 CAD worth of fiat & crypto in March as well as some insights on them....

Cryptocurrencies: Is 2021 the market correction or the bull run?

16 Apr 2021 4 minute read 7 comments PVMihalache

What if this is the market correction? I keep thinking about this and being part of the cryptoverse for so many years, I am starting to believe that my theory can be true! I was playing with crypto in 2017 when the market just crashed and every asset...

The Rise of Decentralised Media

16 Apr 2021 7 minute read 4 comments Heath Muchena

New tech is changing the media and entertainment industry. New business models are being generated to cater to consumers who are increasingly expecting media and entertainment providers to deliver better choice, convenience and value packaged in pers...

Onboarding Your Assets From Ethereum to Binance Smart Chain [#BSC Tutorial]

15 Apr 2021 3 minute read 8 comments D3F1

You will need to set up your MetaMask wallet to be connected to the Binance Smart Chain itself. It is relatively easy, and you can easily switch between the Ethereum network and the Binance Smart Chain network through the wallet. To find out how to s...

Altered State — Charged Particles Art Drop #3 Recap

15 Apr 2021 3 minute read 1 comment benlakoff

The Guild gettin’ their grooves on! What. An. Event. Responsible for 1/3 of all the people logged on to Decentraland, 819 people in discord, and 1700 people attending in Cryptovoxels alone, it’s safe to say that our Metaverse parties are growing. Ne...

Eth2: Ethereum 2.0 - Breaking It All Down, Part 4

16 Apr 2021 4 minute read 4 comments BitcoinGordon

This is the 4th and last installment on Gordon's overview of Ethereum's 2.0 update path. Here, I'll discuss "The Docking" - which to me sounds like a day of reckoning where the super heroes gather together a small militia of freedom-fighters to take...

Creating Truly Unique NFTs To Stand Out From The Masses

12 hours ago 6 minute read 5 comments benlakoff

Non Fungible Token (NFT) Platforms are all the rage right now. There are many different “NFT Platforms” that exist, and many more are expected to come online in the coming weeks. As a creator, it is perhaps overwhelming to choose which platform to us...

Commercial Real Estate in a Digital Asset Economy

15 Apr 2021 11 minute read 6 comments Heath Muchena

Historically, the real estate industry has lagged in adopting new technology. However, research shows that implementation of blockchain technology can have a range of benefits for the sector going into the future. According to Deloitte blockchain tec...

KuCoin Labs Launches $50 Million Fund to Find The Next Crypto Gem

15 Apr 2021 1 minute read 8 comments KuCoin Blog

On April 14, 2021, KuCoin, an IDG backed crypto exchange, announced the official launch of KuCoin Labs, an incubator and research arm in the KuCoin ecosystem. As the first step, KuCoin Labs has also established a $50 million fund to find the next cry...