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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.

Why Ethereum Will Soon Be FedChain

21 Sep 2022 4 minute read 9 comments Alucard0x

The SEC recently claimed jurisdiction over all of Ethereum now that the morons behind it decided to move to proof of stake. But Alucard! Ethereum is sufficiently decentralized! The orcs in power said so! People don't seem to get the "sufficiently dec...

SEC Implies That All Ethereum (ETH) Transactions Fall Under U.S. Jurisdiction

21 Sep 2022 1 minute read 0 comments DailyCoin

Visit DailyCoin for more articles The United States Securities and Exchange Commission has again sparked controversy in the crypto world after making the bold claim that the U.S. government has jurisdiction over all Ethereum (ETH) network transac...

Can Ethereum Merge Be A Game-Changer For The Crypto World Or Is It Just A Bubble?

21 Sep 2022 3 minute read 1 comment Giorgi Mikhelidze

The cryptocurrency industry is vibrating with anticipation of Ethereum's major update this week, dubbed "The Merge." It will be remembered as a watershed moment in blockchain's development, and not only because it was the biggest deal of 2022. The te...

Crypto Market - The Calm Before The Storm?

21 Sep 2022 1 minute read 2 comments Cryptofab

The Fed will decide today how much they increase the benchmark short-term fed funds rate. Although they have already increased it by 2.25% this year, with the last two rate hikes at a whopping 75 basis points each, consumer inflation is still conside...

What Happens To L1 Tokens Today? (21 Sep 2022, Wednesday)

21 Sep 2022 9 minute read 0 comments quantdoge

  "What happens to L1 Tokens today?" is a crypto news curator that curates high-quality and insightful Layer-1 Token news for you daily. Here are the news for you today. BITCOIN (BTC) Current Price: $ 19,060.59 (24h Changes: -2.18 %) Current Market...

Ethereum (ETH) Is A Castle Made Of Sand

21 Sep 2022 1 minute read 8 comments Cryptofab

In a civil complaint against Balina, a crypto influencer, the SEC claimed that all of Ethereum falls under US jurisdiction. Why is it a problem? The ruling in this case is likely to set a precedent for how future cases are decided. Concretely, the S...

Why You Shouldn't Care About Doxxed Founders in Defi and NFT Projects

21 Sep 2022 2 minute read 0 comments Alucard0x

I've been hanging around the NFT crowd too much. It's a crowd that is focused on getting fiat and not concerned at all about the political implications of crypto. They are the easiest people to find, however, and that's my excuse. Because everything...

SEC Trying to Steamroll Ian Balina to Take Control of Ethereum

21 Sep 2022 1 minute read 0 comments Alucard0x

I'm no fan of Ian Balina or Gary Gensler. To me, their legal interaction is nothing more than the meeting of two scammers. The tragedy is that the outcome of their interaction affects me. What a world, huh? When two jackasses have a problem with each...

What The ETH MERGE Means For The Future Of The ETH Network

21 Sep 2022 1 minute read 1 comment CryptoCreator

Before we start  I would like to say that this is NOT FINANCIAL ADVICE AND IS FOR ENTERTAINMENT PURPOSES ONLY. It has been about a week since ETH merged to proof of stake. So after the dust has settled how has ETH held up? At first glance, ETH has no...

Coinbase to Bankroll Six Investors Claims Against the SEC for Tornado Cash Sanctions

20 Sep 2022 8 minute read 2 comments kev_nag

Looking at the instances happening around the crypto space are enough to create skepticism regarding the intentions of the government. Why’s that? Well, the list is long, some are worth mentioning though. Take the Tornado Cash sanction for instance....