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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.


Bitcoin: Let There Be Pain

19 Sep 2022 4 minute read 12 comments johnwege

It's a story that we have seen time after time since the creation of Bitcoin.  Just when people think the worst of the price action has come to an end.  That is when even more pain happens.  Up or down, the market typically does the exact opposite of...

My Outlook on the Crypto Market

23 Sep 2022 6 minute read 2 comments johnwege

September is quickly coming to an end, which means we are fast approaching the end of the year as well.  All of those ideas of what we thought were going to happen with Bitcoin, Ethereum, and the crypto market ended up showing us how little we know....

Ether Has Dropped 15% Since the Merge, Tether Forced to Prove Its Backing

21 Sep 2022 5 minute read 11 comments Allen Taylor

MicroStrategy bought another 301 BTC for $6 million, now holds 130,000 bitcoin. Bitcoin is on the rebound but the market is still bearish. If bitcoin investors were whales, MicroStrategy is Moby Dick. Follow Moby. Ether has dropped 15 percent since t...

The Nasdaq's Panic About Risk Markets as It Continues to Create Recent Low and Low Interest Rates — 2022/09/24

24 Sep 2022 6 minute read 0 comments CryptEducator

Tell me about my bottom fishing, bottom fishing may not necessarily be in the lowest position, but it will be relatively the safest position, and may not make the biggest profit, but will certainly make a profit, that is, bottom fishing. The fear of...

Did the 'Merge' Create a Centralized Ethereum PoS System ?

18 Sep 2022 5 minute read 2 comments kev_nag

It’s time to look at the numbers folks ! Photo Source A market intelligence platform, Santiment, provides both on-chain and social metrics for more than 2,000 cryptocurrencies. “Santiment’s analysis shows that 46.15% of Ethereum PoS nodes are control...

HODL or sell: What time is it?

25 Sep 2022 3 minute read 2 comments Dzoelx

Source Regardless of the current position of your crypto holding, you are always caught in a dilemma. To sell or to keep holding on for dear life. Most times, the urge to sell gets more pressing and it gets so hard to keep on holding these assets. In...

The Noise.App - crypto donations added as an option for tipping

22 Sep 2022 2 minute read 14 comments PVMihalache

The noise app was launched few weeks ago and I was vert lucky to get an early invite. It was me, Simon, pantera and another handful of people at the beginning. The growth was exponential as people started to share invites and in few days it went to a...

Blockchain State Proofs- the new, safer, decentralized way to bridge assets? Algorand creates new possible bluechip tech

24 Sep 2022 2 minute read 1 comment vanassen.eth

                    As we advance through this era of web3, it's necessary that we find proper and safe ways to transfer value through the net. That is, of course, the essential point of web3; the transfer of true value online, whatever that be denom...

How is mining looking after the Merge

21 Sep 2022 1 minute read 10 comments Patch

I thought I would do a quick update on how mining is looking for the PoW Coins now a few days after the Merge. What happened after the Merge What happened for basically, all PoW Coins was that they got saturated. Meaning they basically are at a brea...

Ways I'm stepping up my web3 game; plus general sector news.

22 Sep 2022 4 minute read 0 comments vanassen.eth

    Hello to all my loyal followers, and anyone else who may be reading this through various web2/web3 platforms.         I haven't published in over a month; swamped with family and business; but don't worry, I've certainly been making sure to keep...