Sirwin
Sirwin

Ethereum (ETH)

33,845 Articles 98,455 Followers

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.


New crypto world or just a bubble?

25 May 2024 7 minute read 1 comment Crypto4light

Imagine how a young student from Norway, Christopher Koch, finds himself in a virtual labyrinth of the Internet, where in one of its corners a mysterious light flickers - information about the brave new world of digital currency called Bitcoin. Drive...

How will the price of Ethereum continue after the approval of ETF?

24 May 2024 2 minute read 0 comments Talha.Khalid

The approval yesterday in the United States of the  Ethereum ETF barely moved the market. This gave rise to new price projections for the asset. As seen below, ETH rose to $3,900  following the approval. However, it then returned to the lateralizatio...

Polyverse - What is it and why should I care?

24 May 2024 5 minute read 4 comments TrocProcLock

First off, I want to say Hi. I have been away for a few months. Let's just say life and web3 got the best of me. But I am back baby. So without further ado lets talk about Polyverse. There are going to be 4 sections to this article so scroll down unt...

LayerZero Is Trying to Identify "Sybilers." WTF Does That Mean?!

24 May 2024 3 minute read 0 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 $40/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...

Will ETH pump?

24 May 2024 1 minute read 0 comments cryotosensei

ETH will pump eventually. Here’s why… This week, the impending approval of ETH ETFs by the SEC was all we could think and talk about. The SEC didn’t let our hopes down, approving not one, but eight ETH ETFs! ETH may not have pumped yet, but the soon-...

BlackRock’s Ethereum ETF $ETHA Listed on DTCC After SEC Approval

24 May 2024 1 minute read 1 comment Coinseek

BlackRock’s spot Ethereum exchange-traded fund (ETF) has been listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker symbol $ETHA.  The SEC’s approval includes ETFs from major asset managers such as VanEck, Fidelity, Franklin...

Ethereum Classic (ETC) Rallies Against Upcoming Halving

24 May 2024 1 minute read 0 comments Coinseek

In recent weeks, Ethereum Classic (ETC) has experienced a notable resurgence, expanding to $33.13 and growing nearly 22% in just a week. Often considered undervalued, ETC has historically followed the rallies of its more prominent counterpart, Ethere...

Rollup Scaling Wars: Arbitrum Orbit vs Optimism Superchains

24 May 2024 4 minute read 0 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 $40/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...

Historic Milestone: SEC Approves Ethereum Spot ETFs

24 May 2024 1 minute read 0 comments ChangeNOW

The US Securities and Exchange Commission (SEC) has just given the green light to spot Ether Exchange-Traded Funds (ETFs) in the US! On May 23, 2024, the SEC made a groundbreaking decision by approving the first Ethereum (ETH) spot ETFs, marking a ma...

Tokenized Real Estate Meets Ethereum ETF Approval

24 May 2024 1 minute read 0 comments VESTN_io

It’s an exciting day for the future of real estate investing and decentralized finance! The highly anticipated approval of an Ethereum ETF by the SEC has finally arrived, unlocking a surge of mainstream attention and capital inflows into the crypto m...