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.


27 Apr 2020 1 minute read 0 comments airdropsir

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27 Apr 2020 1 minute read 0 comments airdropsir

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27 Apr 2020 1 minute read 0 comments airdropsir

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Bitcoin Chart - 04.27.2020

27 Apr 2020 1 minute read 0 comments Vrain

Currently Bitcoin is forming a rising Channel. According to channel if BTC hold some more time on current price range, we can touch uper trend-line of channel in coming days , which is between 7900$-8050$ resistance. Also Daily & 12H 200 MA is in the...

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27 Apr 2020 1 minute read 0 comments JoesDT

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Ethereum BREAKOUT - Price Analysis News

26 Apr 2020 1 minute read 0 comments Scrembo

Discover the latest technical analysis for Ethereum. Finally ETH is building momentum for a breakout!The sentiment is bullish. Scrembo

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26 Apr 2020 1 minute read 0 comments kyky777

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Sylo Smart Wallet airdrop – Earn up to $10 - Airdrex

26 Apr 2020 1 minute read 0 comments Airdrex

Sylo is a decentralised network, protocol and communications platform. The Sylo network is a decentralised communication network with the performance and scalability to support millions of users and businesses. An extensible infrastructure owned by n...


26 Apr 2020 1 minute read 0 comments CryptoBitcoinChris

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