Ethereum (ETH) News, Price Predictions, Opinions and Analyses Created by Users

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.

Ethereum on June 15 at $ 215: play your game!

15 Jun 2020 1 minute read 2 comments NassiroV

Image Source Ethereum / weekly Ethereum is in a week of great downturn. The price is getting higher and lower, lower and higher and higher, making us shiver from time to time (crash in early March). In terms of location, we are currently just below...

The TRUTH about Atomic wallet !!! The Trust model...

15 Jun 2020 4 minute read 10 comments Dave Sawyer

Can we handle the truth about wallets and exchanges?  NO!  the trust is NOT there! An MIT report thinks 95% of exchange volume is faked. Telos admits their hardware wallet can be hacked if touched. Fake wallets were downloaded from Apple and Android...

How much will Ethereum cost if the price of Bitcoin rises above $ 50,000

15 Jun 2020 2 minute read 3 comments World Crypto

The main cryptocurrency Bitcoin is a kind of driver for all other coins. And if the price of the BTC rises or falls, then the behavior of altcoins and tokens exactly repeats the dynamics of bitcoin. Experts are sure that ETH can grow 300 times if Bit...

WTF is GasToken?

15 Jun 2020 3 minute read 9 comments paragism

Cover Image Source - modified Every transaction on Ethereum blockchain involves a gas fee. It is the fee which is paid to the miners for validating a transaction. The price of gas keeps on fluctuating due to the market dynamics. It is really hard to...

Ether Pumps to $700,000 After Attempt to Wrap ETH As an ERC20 Token - Satire

15 Jun 2020 2 minute read 28 comments BitcoinGordon

The only thing better than Ethereum, is Ethereum, which comes with its own warning; don't try building Ether on top of itself.   Ether is a breakthrough in the growing cryptocurrency space, but some things are not even meant to be built on the platfo...

AXIO Currency, A Safe Haven For All Global Investors.

15 Jun 2020 4 minute read 0 comments Decentraliza

  AXIOS PLATFORM GENERAL REVIEWS Cryptocurrencies was developed to correct the deficiencies in the global monetary system.Bitcoin was the first ever existed cryptocurrency created by an anonymous personality popularly known as Satoshi Nakamato. Bitco...

Ethermine pool to split $ 2.4 million among miners for sending 350 ETH

15 Jun 2020 1 minute read 0 comments Kluma

The operator of the Ethermine mining pool, Bitfly, announced the separation among the miners of the record 10,668 ETH ($ 2,385 million) received as a commission for sending 350 ETH after the transaction initiator did not contact. “Since the sender...

Understanding Wrapped Bitcoin(WBTC)

15 Jun 2020 2 minute read 0 comments Cryptomeitei

Bitcoin is the king of cryptocurrency. It is also considered as the  store value and digital gold. But it does't mean that it will be the best digital asset with more liquidity in the market. With the increase in the  transaction fees  using bitcoin...

Cryptocurrency Updates - 15/06/2020

15 Jun 2020 1 minute read 0 comments Gamer Boy1110

Binance Discontinuation of BTT Airdrop for TRX Holders on Binance   As per BTT Announcing BTT Airdrop is over to TRX Holder         Ethereum Weekly News   Ethereum News for last week    News Highlights ETH1 ETH2 Layer2 Job Listings Housekeeping Dat...

NerveNetwork Testnet is Beta!

15 Jun 2020 3 minute read 0 comments NULS

We are delighted to announce that the NULS Technology Community (NTC) has completed initial development of NerveNetwork. After several rounds of internal testing, the public beta version of the NerveNetwork is now available. We deeply appreciate ever...