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.


All You Need Is Love (☮ ❤ ₿)

14 Feb 2024 3 minute read 2 comments CryptoEntrepreneurs

There are many dates that are related to love, but perhaps the best known is February 14, "Love Day", a date that invites us to reflect on the meaning and importance of this universal feeling. But love is not only an emotion that is expressed between...

Top Bugs Found in Blockchain

14 Feb 2024 1 minute read 0 comments Mika(123)

Blockchain technology, while heralded for its security features, isn't always immune to insects and vulnerabilities. Despite the robustness of many blockchain protocols, builders and researchers constantly identify and deal with capability problems t...

SPLINTERLANDS | MANTAROTH is the most furious attacker in whole Rebellion edition

13 Feb 2024 4 minute read 0 comments mango juice

What’s up my fellow splinterlands players! I hope all of you are doing well and also enjoying this strategic web3 play2earn game at its best! If you are a dedicated player then you must be battling hard in the arena right now as this current ranked s...

Must read Ethereum Alpha!!! UPDATE: Who has filed for a US spot Ethereum ETF application seeking approval from the SEC? Recent Ethereum news!

13 Feb 2024 5 minute read 0 comments blockchainking

Introduction. Nine US-based applicants have submitted proposals for a spot Ethereum ETF, including: Valkyrie Investments VanEck Funds ProShares Bitwise Asset Management Volatility Shares Kelly Strategic Management BlackRock ARK 21Shares Invesco Gala...

The Rise of Yield Farming: Maximizing the Returns in DeFi.

13 Feb 2024 1 minute read 1 comment Mika(123)

Within the DeFi (Decentralized Finance) system, the lending process was centralized, providing the users with an autonomous way to earn passive incomes and optimize their crypto-coin asset holdings. One of the components of yield farming – a concept...

Bitcoin 50k $

13 Feb 2024 1 minute read 0 comments theliondefi

Bitcoin just hit 50.000 $ per coin yesterday. This makes it closer to 100k $ than zero. Also: Fed is printing money. Have a look on the below:   Interest on the debt is over $357 billion this is around 37% higher than same time last year. How do you...

Cross-Chain Liquidity: The Key to Seamless Blockchain Interoperability

13 Feb 2024 1 minute read 0 comments Mika(123)

Interoperability is some of the maximum important goals in the fast-growing landscape of blockchain generation. Cross-chain liquidity, an idea gaining ground in the blockchain community, is a key issue of the dream of throughput of all chains, automa...

Franklin Templeton for Ethereum Spot ETF

13 Feb 2024 1 minute read 0 comments Yugocean

     Ethereum Spot ETF is Franklin Templeton's next move following Bitcoin Spot ETF.   Big Company Bigger Move      Franklin Templeton is a US based multinational investment company, mostly involved in the business of Mutual funds (MF), and Exchang...

Can Options (Rather than Spot) Help Your Gainz?!

13 Feb 2024 4 minute read 2 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...

You've Probably Used Arbitrum But What Do You Know About Arbitrum Nitro?

13 Feb 2024 5 minute read 1 comment Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...