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.


What is Lisk?

21 Aug 2019 1 minute read 4 comments nervi

Lisk (LSK) is a decentralized cryptocurrency based on blockchain technology, on which decentralized applications, so-called dApps, can be built. It can also be used to build new digital tokens. Applications created on it can be programmed using popul...

Win up to 30000 TRX With BeeHive Contests!

21 Aug 2019 1 minute read 0 comments nejibens

I posted a few days ago about BeeHive, the famous game running on the TRON network and using an open smart contract. You can read my introduction to this game here. The game is growing up fastly, they have more than 1300 players in just 10 days! The...

Update 19: Cats cryptocurrency prediction experiment!

21 Aug 2019 1 minute read 1 comment Piet246

After a week in which BTC dropped from $12000 to $10000 because of the dumping of BTC by plustoken scam on exchanges . I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of crypt...

Pcore: The Best Invoice Discounting Platform

21 Aug 2019 2 minute read 0 comments nejibens

The concept of Pcore's project looks really attractive and genuine. The founders of Pcore chosen to integrate the blockchain technology into businesses by creating their Peer-to-peer (P2P) invoice discounting platform.   1. The features of Pcore:Basi...

Here's Why You Should Switch to Brave Browser

20 Aug 2019 2 minute read 4 comments belemo

Good evening ladies and Gentlemen welcome to today’s broadcast of the match between Chromium, a clone of Google Chrome and Brave, the silent giant.  I’ll be your commentator, giving you live text coverage of the match. The referee for today is a Rand...

Israeli Controller will Give Fintech and Blockchain licenses

20 Aug 2019 1 minute read 0 comments goldenforex

The Israeli capital market organization wants to change the dispersion of innovation licenses in the nation. Around 2,000 Fintech and Blockchain endeavors are at present looking for licenses from an administration controller. Because of excess, the W...

Vitalik Buterin shared details about the improvements that would come to the Ethereum network

20 Aug 2019 2 minute read 0 comments MonoBlack

The developer said the network must overcome the congestion problems it currently faces, as this will help reduce the costs of operations and boost operations through changes in the scheme of operation of the Ethereum Blockchain. --- Vitalik Buterin,...

Binance Authority Twitter Record Hacked

20 Aug 2019 1 minute read 0 comments goldenforex

The official Binance Jersey Twitter record was hacked by an unknown client @LightningNetwo9. As per a programmer's tweet on Binance Jersey, he is a security scientist with philanthropic thought processes. The programmer asserts that he could utilize...

With Vitalik Admitting Ethereum's Blockchain Is Clogged Up More Investors Will Look For Alternatives Such as IOTA 

20 Aug 2019 3 minute read 4 comments Ra.Tomps

Let me start by stating I have been a very long-term DIE HARD Ethereum fan throughout the ages! When Ethereum hit the cryptocurrency industry, not many people could even understand why this “OS” type blockchain will be sooooooo important to the overa...

The Japanese Amazon Rakuten spot trade announcement of Bitcoin Ethereum and Bitcoin Cash

20 Aug 2019 1 minute read 0 comments MonoBlack

The exchange will not charge fees for deposits and operations in real time, but for withdrawals.   Rakuten, the e-commerce giant considered the Japanese Amazon, today launched its own exchange for spot commerce. This type of spot trade, or cash trans...