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.


How to buy Ethereum (ETH) on MyCointainer with Bitcoin (BTC)

36 minutes ago 2 minute read ChrissCrypto $0.09 tipped

MyCointainer goes beyond your ultimate automated Proof of Stake and Masternode coin staking platform, as it also serves as a gateway for everyone to buy Bitcoin with Fiat money (EUR, USD, YEN...) or exchange Bitcoin to a variety of available altcoins...

Bitcoin and Ethereum are commodities, the status of XRP, the native currency of Ripple, is not yet clear, the president of the CFTC says so

2 hours ago 1 minute read Roberto D. $0.07 tipped

Interviewed by the online news channel Cheddar on January 13. Heath Tarbert, president of the CFTC (Commodity Futures Trading Commission) said that while it is now accepted that decentralized coins such as BTC and ETH are comparable to commodities, t...

$ 85,000 is the starting price for Bitcoin

3 hours ago 1 minute read Blockchain $0.14 tipped

The latest information at the end of January 18, 2020 that I received on the day and Many experts have stated that Bitcoin could hit the $ 85,000 threshold many investors also have very interesting predictions about the price of Bitcoin will touch. a...

Survey Alert : One-third of the US Small and Medium Businesses accept crypto

3 hours ago 1 minute read Tokenhell.com $0.07 tipped

According to a survey by American Insured Hartford Steam Boiler (HSB), thirty-six percent of the Small and Medium-sized Enterprises (SMEs) in the US are accepting payments in digital currencies. These startups are selling their products and services...

The Best Crypto Wallet

4 hours ago 1 minute read Crypto HunterX $0.11 tipped

Midas Wallet support 26 chains, 14 exchanges, thousands of tokens and dapps in one single universal wallet app. 1. STORE: with many chains, Midas wallet is one of the best wallet can support 26 chains. On new version, ATOM, ZCASH and DOGE also be sup...

18/1//2020 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

9 hours ago 1 minute read Danoskie $0.13 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 18/1/2020HAPPY NEW YEAR!Here we go again with a slight bearish trend this morning as the market goes down with about 0.6%, causing some drops in prices of cryptos...

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