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 Earn High Profits by Bounty Hunting?

23 Aug 2019 2 minute read 1 comment nejibens

Nowadays, earning some profit by bounty hunting is not an easy mission, because there are so many scams among the ICO/IEO projects, and you are risking to waste your valuable time and effort to get worthless tokens, or to get scammed after long weeks...

My review site project where you take part! (crypto only)

23 Aug 2019 1 minute read 0 comments Cal_tv93

So there are so many sites out there reviewing different crypto projects and even scam investing sites, but none of them let the reader write their own review of the listed company. I want to change that and even tho that the site is now I'm working...

Gods Unchained: Claim Your Tokens in This Paid to Play Paradise!

23 Aug 2019 7 minute read 0 comments Rukka Nova

Introduction and Thank You Note Hello everyone. Today I'm going to talk about Gods Unchained, a really cool game reminiscent of Hearthstone and Magic the Gathering that I got to know through @acidyo. First of all, thank you @acidyo for letting me kn...

Ethereum (ETH) price analysis and price prediction

23 Aug 2019 1 minute read 0 comments zulonga

Ethereum (ETH) Since the beginning of the year ETH has been experiencing a significant price increase, with the last two months being a corrective wave after peaking at around $ 350. At the moment, the price has been trying to break through an establ...

Application of EDC in the Gaming Industry

23 Aug 2019 3 minute read 0 comments afif

   One of the most industries that will change rapidly in the near future is gaming, especially video-games or e-sports. Game giant development companies like NCSoft, Tencent, and Valve have been using their own digital currencies for some time now...

23/08/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, PVT (pivot coin), DAI, XRP, EOS

23 Aug 2019 1 minute read 0 comments Daniella Blog

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.NB: The prices of these cryptos are based on the time I posted this post. Only one of them is a stable coin which is DAI.Sources: Binance, Coinbase and Pivot app>COIN>PRI...

Security Tokens vs. Utility Tokens: What are the Differences?

23 Aug 2019 5 minute read 0 comments MintDice.com

Blockchains are proving to be incredibly useful, and are estimated to reach a market size of more than $7 billion by 2024 according to Grandview Research. They are also set to drive many operations that were seen as inefficient in the past. Although...

MasterCard is Looking to Hire its Own Crypto Team!

23 Aug 2019 1 minute read 1 comment nejibens

According to the report posted in the New York Post on Saturday ( Aug. 17), Mastercard announced it is in the midst of planning its own cryptocurrency team. Mastercard Senior Vice President Seth Eisen said Mastercard is always on the lookout to creat...

Unofficial Gods Unchained Weekly Recap (Aug 16th-22nd)

22 Aug 2019 3 minute read 0 comments CryptozNewb

Gods Unchained is an online, collectible card game with true ownership of your cards. The card information is stored on the Ethereum blockchain while the game runs off-chain, so there are no transaction fees involved when playing. The game is free t...

Quick Study Of Proof Of Work By Shadda

22 Aug 2019 2 minute read 0 comments arshad1214

Today I am going to discussed a very basic topic of blockchain and cryptocurrency that is called proof of work(POW). I will discuss at very basic level That will be very helpful for the beginners in blockchain and cryptocurrency Technology. So let's...