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.

🗞 Daily Crypto News, May, 29th💰

29 May 2020 4 minute read 0 comments Crypto_Lemon

Bitcoin Price Rallies to $9.6K as Record CME BTC Contracts Expiry Looms; Enjin’s New Minecraft Plug-in Lets Players Spawn Blockchain Assets; Migrant workers, remittance market, and currency depreciation are pushing Bitcoin's adoption; Bitcoin Shrugs...

TETHER, haven't you burned any USDT?

29 May 2020 1 minute read 0 comments Dobled

  Tether (USDT) cites the popularity of its Ethereum-based asset (ETH) as the reason the company has never had to burn a token. We all know that after Bitcoin, Ethereum is the most popular among cryptocurrencies. Paolo Ardoino, who serves as CTO (ch...

Get in early on a smallcap and stake at 36.4%!

29 May 2020 1 minute read 0 comments manilpwn

xDai is a blockchain created as collaboration between the MakerDAO and the POA Network, and aims to be the worlds first stablecoin blockchain - a blockchain allowing smart contracts, incredibly fast transaction speeds (5 seconds), low transaction cos...

Could the launch of ETH 2.0 be delayed for Tezos?

29 May 2020 1 minute read 0 comments PassionCryptodotcom

Tezos   is very similar to   Ethereum  , conceptually. In fact, recent developments at Tezos have caused many to wonder if Tezos could actually outperform   Ethereum in the coming days. Arthur Breitman, co-founder of Tezos in a recent podcast explain...

4.5 Billion Dollars in 100 Ethereum Addresses Could Trigger Manipulation

29 May 2020 1 minute read 0 comments PassionCryptodotcom

In the past 30 days,   Ethereum   has offered very little in terms of price movement in the charts. Since April 29, most of the assets have been consolidated between $ 200 and $ 215, keeping the volatile nature of crypto-assets at bay. However, the m...

What is Basic Attention Token (BAT)? Who is the Basic Attention Token development team?

29 May 2020 1 minute read 0 comments Lềm Thị Phiến

1.Basic Attention Token (symbol: BAT) is a decentralized and transparent digital advertising platform developed based on the Ethereum Blockchain. BAT is an ERC20 token used as a payment and reward unit in the Basic Attention Token platform. The BAT p...

Revolut online banking: demand among customers for cryptocurrencies increased by 68%

29 May 2020 1 minute read 2 comments Kluma

The British FINTECH startup reported that in April, users began to invest more often in bitcoin and other coins. People over the age of 55 have invested the most in digital assets. British FINTECH startup Revolut has reported an increase in the popul...

Did the Ethereum transaction go wrong? Find out how to solve it in this post 👎🏽💩

29 May 2020 4 minute read 9 comments renangeographia

In this post, we will deal with a problem that each of us may one day encounter in the universe of cryptocurrency, have a pending transaction in the network without predicting to be completed. This is tragic, even more so when you have little ethereu...

Brave Browser launches Brave Togheter to make video calls

28 May 2020 2 minute read 9 comments Roberto D.

The Brave browser launches the video calling system "Brave Together", and thus places itself in direct competition with industry apps such as Zoom, but also Facebook, Whatsapp, Skype etc. The news was announced via Twitter: The service is currently...

Mechanism of operation & features of DAI cryptocurrency

28 May 2020 1 minute read 0 comments Lềm Thị Phiến

The main operating mechanism of DAI is P2P lending (peer-to-peer lending, currently DAI is the number one monthly P2P loan transaction). In order to borrow Dai, you can use MakerDAO smart contract to deposit and lock ETH and exchange 67% of value wit...