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.

The Holy Grail of Passive Income – 4. DEX Liquidity

27 May 2020 2 minute read 1 comment ManuelAR

When people think about profiting from Crypto exchanges they think about trading, or day trading that is. The truth is that most people end up losing in the exchange. Short term price variations are simply unpredictable, putting money on that is just...

Usernames in the Status Messenger

27 May 2020 2 minute read 0 comments Status Community Updates

There are three types of usernames available in the Status Messenger: 1) a default name that is randomly generated and given at account setup, 2) A bridged username, and 3) custom usernames that each user can get by staking SNT in the app. Status spe...

Is Ethereum getting ready to launch a new bull market?

27 May 2020 2 minute read 3 comments World Crypto

As some participants in the crypto community point out, the Ethereum blockchain is actively signaling its readiness to launch a new bull market. As long as bitcoin continues to stall under the closest resistance and is possibly preparing for a protr...

Forsage Update and Payment proof

27 May 2020 1 minute read 0 comments SylarHeisenberg

I blogged earlier about Forsage, today i wanna post a little update about it and a payment proof. Last week i was able to refer 2 new member in my team structure at forsage. The smart contract secured that the payments was credited directly into my T...

Price analysis 27, May Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

27 May 2020 1 minute read 0 comments haidernasir

Bitcoin, ethereum, litecoin, XRP and BCH is on a uptrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $9,174.80 at 10:00 PM GMT, with a gain of 4.31% in its price in the previous 24 hours. Bitcoin with its 24 hours high...

Cryptocurrency Updates - 27/05/2020

27 May 2020 1 minute read 0 comments Gamer Boy1110

Hello Friends, I m here for another Updates of cryptocurrency. today's update is for following coins. 1. Ontology 2.Bitcoin Cash 3. Stellar 4. Dash 5. Ethereum 6. HEX 7. Zcoin 8. EOS 9.ICON 10. Komodo 11. Verge   Ontology's New  Game Changer Partners...

Top Things You Should Know About OmiseGO (OMG)

27 May 2020 9 minute read 4 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for the forward thinking financial services cryptocurrency – OmiseGO (OMG). OmiseGO is a cryptocurrency and global platform for open financial services that leverage the benefits of...

” Fall In Chinese Yuan Could Trigger Bitcoin Price "" Correlation Noted

27 May 2020 3 minute read 3 comments Fırat

says bitcoin (BTC) traders should be mindful of price changes in the yuan. This is because, historically, the cryptocurrency has performed positively at moments when the Chinese currency has shown weakness.The Yuan (CNY) hit its lowest level since ea...

What is Staking?

27 May 2020 2 minute read 0 comments CryptoJamm

Staking and PoS Staking is the process of using cryptocurrency as a way of supporting the network of which it is native to. It is widely used on networks that adopt the Proof of Stake (PoS) consensus mechanism or one of its variants. And as...

Ethereum 2.0 is coming – Here’s what you NEED to know

27 May 2020 1 minute read 1 comment boxmining

  Ethereum 2.0 (“Serenity”) is an upgrade to the Ethereum Network which increases scalability, stability, and even brings economic changes. Ethereum 2.0 will involve sharding to drastically increase network bandwidth and reduce gas costs, making it...