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.


13 May 2020 1 minute read 0 comments airdropsir

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13 May 2020 1 minute read 0 comments lidson

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12 May 2020 1 minute read 1 comment O. N. Justice

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12 May 2020 1 minute read 0 comments Destiny Amieyi

      simplest way that I've seen to generate crypto earnings and you can be sure it'll keep running on the Ethereum smart contract for years and years.. and 100% of the income goes instantly, directly and transparently to the members of the project-...

What will be the latest developments in Etherium?

11 May 2020 1 minute read 0 comments Emir Can

Etherium said that it is going well, and suddenly it fell. In other words, the price declined. But there may be hopes that may be due to its rise.     *You can see the drop in the graph suddenly.           *As a result, etherium fell sharply. But i...


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11 May 2020 1 minute read 0 comments dqdof

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10 May 2020 1 minute read 0 comments Hodl EOS

What price would EOS have to be to have the cost to send 1 EOS transaction equal to the cost to send 1 ETH transaction? In this video we calculate the answer. Follow on Youtube: EOSio Walk thr...