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.


A Change For the Better? BlockFi's New Interest Tier Rate

8 hours ago 1 minute read The Kragle $0.13 tipped

BlockFi have announced another change in their interest tier rates for BIA accounts, despite updating them not even two months ago.  This will mark the fourth change since last October. I have summarized three of the tier changes in the tables below....

Crypto space movements: 5AMLD, new players in Sovereign digital currency and Facebook's project Libra.

10 hours ago 1 minute read alberdioni8406 $0.12 tipped

Despite the movements on the crypto Community being more hard in regulations from the Authorities in Europe due the 5AMLD policy, that took Crypto firms and exchanges to find more favourable places to continue their business and protect their clients...

BAKKT consumers App will be more similar to PayPal than a native crypto App.

11 hours ago 1 minute read alberdioni8406 $0.15 tipped

The product of BAKKT and that will carry the first partner at Launch, Starbucks will be more similar than PayPal not really a crypto native App. This new developments, was released at Davos where the Representative of the Intercontinental Exchange ta...

This is how to lend DAI for 6% APR

11 hours ago 1 minute read kingscrown $0.33 tipped

This one of passive income from cryptocurrency tricks that will come to new version of my free ebook (link in the footer) Lately old DAI changed to SAI now you have to convert them back to new DAI. With the launch of Multi-Collateral Dai on November...

Tokenization! A New Frontier... Real Estate, NFTs and Bonds!

16 hours ago 3 minute read teutonium $0.10 tipped

Tokenization... Ever since I was a little kid I wanted to invest! I wanted to make my money work for me, but I always got shut down... "You are going to lose all your money", "The game is rigged!", "What are you going to do about taxes!", so many exc...

How Many Cryptocurrency Projects Have Failed?

17 hours ago 2 minute read crypto_moose $0.45 tipped

Currently, there are approximately 2,368 cryptocurrencies. And each year there are a small number of new coins introduced.  Of these projects it is interesting to ask how many cryptocurrencies have failed? It is easy to see the successes in cryptocur...

Do you use Coin360?

20 hours ago 1 minute read BearWallace $0.08 tipped

Hey Friends,   Bear here... How ya doin? Question:  "Do you know about Coin 360?" It's a great place to quickly check the crypto markets. I can look at both coins and tokens, exchanges, performance, gainers and losers, create a watchlist and more. ...

Investment Time

22 hours ago 1 minute read favicon $0.22 tipped

Disclaimer: I'm a terrible gambler, and as a result, a terrible trader. My investments are long term, and have some kind of passive revenue attached to them. Decided to re-allocate (The fall of DigixDAO) some funds, and here's what I decided to get i...

The context of crypto in Africa: There's still so much to be learned!

22 hours ago 1 minute read alberdioni8406 $0.10 tipped

Africa has potential to become a strong environment to cryptocurrency and Blockchain, due to it's population and the desire to become financial independent where most, are young, but the continent still have places that never heard a word about Bitco...

Can Blockchain Disrupt Global Cross-border Payments?

22 hours ago 2 minute read pheonixdown-dee $0.07 tipped

Blockchain and Global Payments   History of Global Payments Near the end of WWII, 44 countries met in Bretton Woods, New Hampshire. This was to decide how to handle rebuilding the world after the war. To simplify global transfers of funds, they agree...