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.

When will the downtrend in cryptocurrency come to an end?

24 Jul 2021 1 minute read 0 comments duraiarun

When will cryptocurrency make a comeback? !!!   Many new investors entered into the crypto market last year.Because the entire world was on lockdown due to Covid-19, people were eager to learn and try new things, and many of those interested in new t...

Ethereum (ETH) Proof of Participation (PoS) migration process begins

23 Jul 2021 1 minute read 0 comments yemyy

  This process will occur through EIP-3675, created by developer Mikhail Kalinin. At first, the proposal aims to start the migration from Proof of Work (PoW) to Proof of Participation (PoS). According to the EIP, the set of changes in block structure...

Binance CEO Changpeng Zhao said the world's largest crypto exchange wants to work with regulators to be 'licensed everywhere'

16 hours ago 1 minute read 0 comments sadar

    Binance CEO Changpeng Zhao said his firm will cooperate with global regulators and will create regional headquarters. The exchange has long touted its decentralized operations and has not listed any headquarters. "We need to be a licensed fin...

Amazon and Crypto

25 Jul 2021 1 minute read 0 comments HedgemageTJ

*** Disclaimer I am not a financial advisor This is for educational and entertainment only *** Earlier today I say a headline that says Amazon is hinting at looking into crypto. That made me think about how that could affect the market and drive pric...

Recuperation....but not!

25 Jul 2021 1 minute read 0 comments 1x0Fx0 - 100

When speculators attack, everything goes down, everything goes up, they win and the rest lose. Tesla's boy's statements prove that, in early May, the move he made was speculative. Bitcoin (BTC) and Ethereum (ETH) both bounced back from the crash earl...

Digital Gold Is a New Way to Store or Make Payments With Gold

21 Jul 2021 3 minute read 4 comments Bitloca

Abstract Gold is one of the most valuable precious metals in the world. Gold has been used by humans for thousands of years for jewelry or as a symbol of prosperity. But now gold is not only used as jewelry but also as an investment, for electronic...

Phemex Derivative & Spot Exchange || Learn & Earn Program 💸 Get Paid To Earn crypto

24 Jul 2021 1 minute read 1 comment FreedomBuilder

  📈 Create an account on Phemex with your Email & Complete easy KYC only Front & Back Id & Selfie without holding any paper.🔴 Note: The KYC identity verification is instant, don't need to wait to be verified!

Grayscale is launching a DeFi index fund

27 Jul 2021 1 minute read 0 comments Clemnms51

While some governments want to make laws around Decentralized Finance or even forbid the access to it (such as in France, my country), some investment funds have completely understood the opportunity to make money through Decentralized Finance. A pro...

How I started saving 300$ a month with an app and excel.

23 Jul 2021 2 minute read 4 comments ntz

I assure you're paying too much every month for things you dont even notice! How it started, how it evolved: In January I started to think about my financial future. Those thoughts changed my mind forever and turned out to be live-changing decisions...

Best Cryptocurrencies to Invest Now!

23 Jul 2021 3 minute read 1 comment Fayaz Ali

  As we are all aware of the situation, the China being too hard on cryptocurrency and government's regulations has halted the journey of the future.                          Yet all these factors can only halt the journey for a time being , not end...