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.


Is Ethereum Classic (ETC) a Good Investment?

20 hours ago 6 minute read CryptoBoomer $6.31 tipped

Hard forks occur every now and then, and they bring with some vitriol and shouting matches. A hard fork is a pretty big deal for every blockchain network, as it means permanent change and, sometimes, dissension.  There have been few incidents more co...

Price analysis 10, Dec Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

20 hours ago 1 minute read haidernasir $0.03 tipped

Bitcoin, ethereum, litecoin, XRP and BCH has almost lost 2% in its price in the previous 24 hours. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $7,314.99 with a loss of -2.02% in its price in the previous 24 hours. Bitcoi...

Ethereum: weekly market analysis - Price Prediction

21 hours ago 2 minute read Roberto D. $0.06 tipped

Ethereum: weekly market analysis (from 4 December to 10 December 2019 on a BTC / ETH pair)   On Sunday the Istanbul hard fork passed, the first step towards the revolution that will be for ETH the abandonment of the POW consensus protocol in favor of...

South Korea Government planning to tax crypto profits.

22 hours ago 1 minute read alberdioni8406 $0.12 tipped

The South Korean Government is planning to tax crypto profits and arrangements to implement it are ongoing In that direction. This new measure is being studied and the Government plan to tax the Residents who are into crypto and it will be ongoing n...

China Central Bank to Test their digital currency in Two Cities.

1 day ago 1 minute read alberdioni8406 $0.05 tipped

It's seems a new run for adoption of the digital coin started. Last week we saw France coming to public to announce their digital currency tests for next year 2020, and now is the China ,who is the first which has the idea to launch the digital coin,...

Uptrennd Branch For Africa: Announcement and Trivia.

1 day ago 1 minute read alberdioni8406 $0.05 tipped

Uptrennd Platform growth is amazing and with only 11 months ,with 177 different Countries no ICO, no funding and Marketing, the members reached 50000 only in that period. Uptrennd is dedicated to share wealth and opportunity for anyone, protect your...

DACX PROJECT OVERVIEW

1 day ago 5 minute read Brainerdpaul $0.10 tipped

The blockchain is proving not only to be a technology but a philosophy, according to Hergueta (2017), it defines it as a "natural evolution of information, towards the value internet, where value can be shared, a digital and decentralized form, wit...

Finally, the official tests on the Chinese CBDC, the first tests are already underway

1 day ago 1 minute read Roberto D. $0.10 tipped

It is reported by Caijing, a Chinese financial information site that, with an article published today, informs us that the first tests for the Chinese CBDC will start in Shenzhen and Sunzhou, but there is the possibility that in the coming weeks it w...

Copyright moves to blockchain, a strategic partnership between SIAE and Algorand (in Italy)

1 day ago 1 minute read Roberto D. $0.13 tipped

The project is not new, already a long time ago a collaboration started with the University of La Sapienza of Rome for the realization of a blockchain that registered the copyright in Italy on behalf of the SIAE, despite however the business consulti...

EMIREX PLATFORM, WORLD FIRST DECENTRALIZED INVESTMENT, DIGITAL ASSETS AND COMMODITY TRADING ECOSYSTEM.

1 day ago 3 minute read Sodaf $0.02 tipped

INTRODUCING EMIREX PLATFORM Emirex is a Group of Companies located in Dubai United Arab Emirates, which happened to be one of the World renowned Global financial center and commodity trading hub. The Company has established (BitMeEx), the Bitcoin Mid...