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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.

The Nasdaq's Panic About Risk Markets as It Continues to Create Recent Low and Low Interest Rates — 2022/09/24

24 Sep 2022 6 minute read 1 comment CryptEducator

Tell me about my bottom fishing, bottom fishing may not necessarily be in the lowest position, but it will be relatively the safest position, and may not make the biggest profit, but will certainly make a profit, that is, bottom fishing. The fear of...

HODL or sell: What time is it?

25 Sep 2022 3 minute read 2 comments Dzoelx

Source Regardless of the current position of your crypto holding, you are always caught in a dilemma. To sell or to keep holding on for dear life. Most times, the urge to sell gets more pressing and it gets so hard to keep on holding these assets. In...

Blockchain State Proofs- the new, safer, decentralized way to bridge assets? Algorand creates new possible bluechip tech

24 Sep 2022 2 minute read 1 comment vanassen.eth

                    As we advance through this era of web3, it's necessary that we find proper and safe ways to transfer value through the net. That is, of course, the essential point of web3; the transfer of true value online, whatever that be denom...

My Outlook on the Crypto Market

23 Sep 2022 6 minute read 2 comments johnwege

September is quickly coming to an end, which means we are fast approaching the end of the year as well.  All of those ideas of what we thought were going to happen with Bitcoin, Ethereum, and the crypto market ended up showing us how little we know....

5 Sites You Should Check Out if You Love Cryptocurrencies

24 Sep 2022 2 minute read 4 comments Blockchain Dude

Cryptocurrencies have taken the world by storm and they’re not stopping any time soon. This digital currency revolution is here to stay, which is fantastic news for anyone who has even the slightest interest in investing. If you’re new to this space,...

stakefish Ethereum Validator in Turmoil as Amazon Hack Results in $235,000 Stolen

24 Sep 2022 4 minute read 8 comments Allen Taylor

stakefish, one of Ethereum’s largest validators, is in a state of turmoil after 25 percent of its employees depart. How to run an Ethereum validator. The Merge was a day of excitement in more than one way, as the stakefish story shows. An Amazon ha...

What's Your Crypto Plan?

12 hours ago 5 minute read 1 comment johnwege

Another week has passed, and it also has been another week where Bitcoin saw little to no price action.  Currently, Bitcoin's price is sitting at just under $19k.  Only a few percentage points away from matching the yearly low that was set when all o...

Red Hot Crypto Peppers

24 Sep 2022 2 minute read 5 comments Suerte Panda

Bienvenidos mis ositos, tu siempre eres mis queridos! (Welcome back little bears you are always my dears!) How long, how long will I slide? Well, separate my side I don't, I don't believe it's bad Slittin' my throat, it's all I ever I heard your voic...

Significant Push Has Been Made in the Crypto Regulation Legislation

23 Sep 2022 3 minute read 1 comment Cje95

If I were, to sum up, this year when it came to crypto legislation or regulation I would have to chalk it up to a huge L overall. We had not only a ton of boneheaded Congressional comments to work through but anytime any decent legislation was propos...

The mood is easing after a detailed breakdown of the data bitmap that would influence a rate rise before November — 2022/09/23

23 Sep 2022 8 minute read 0 comments CryptEducator

With the end of the September interest rate hike and the terminal interest rate trend brought by the dot-matrix, risk market sentiment continued to be positive. With the closing of US stocks in the early morning hours, the BTC and ETH, driven by the...