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.

Lisk (LSK) | Blockchain Application Platform | A serious competitor of Ethereum

5 Jun 2020 3 minute read 0 comments NassiroV

Lisk is one of the projects that exploded in 2017, to make its place in the top 30 of Coinmarketcap in the long term. Its promising blockchain offers an alternative to Ethereum to get around its scalability problems. But will it manage to keep hits p...

Elon Musk distributing ETH, Bitcoin? Don't fall for this scam!

5 Jun 2020 1 minute read 0 comments Shadow Crypto

Scams of Fake Elon Musk's distributing Bitcoin, ETH have grown during 2020 Join LBRY and EARN 1$ just to signup, you can sell it on Bittrex:$/invite/@shadowcrypto:2     A video of Elon Musk organizing a Bitcoin offering can be viewed...

According to the creator of Ethereum, the uses of cryptocurrencies go far beyond the world of finance

4 Jun 2020 2 minute read 0 comments Roberto D.

Vitalik Buterin, co-founder of Ethereum (ETH), said on Twitter that the current financial crisis is very different from that of 2008 which led to the birth of Bitcoin. The crisis of 2020 and that of 2008 are not comparable According to the creator o...

High Volatility in the Cryptomarket: The Prices of BTC, BCH and ETH Are on The Rise

4 Jun 2020 1 minute read 1 comment trebol11

After several days of high volatility (and price increases) we see the crypto market slowing down a bit with a bitcoin that kept yesterday's values and altcoins with slight upward movement. Bitcoin price attempts to stabilize after the recent sharp s...

Youtube Does Not Seem To Do Anything To Stop The Crypto Livestream Scam Giveaways

4 Jun 2020 1 minute read 2 comments Zemiatin

You have probably seen this before on Youtube. A respectable public figure more or less connected to the cryptosphere is doing a live giveaway. Basically all you have to do is send a certain amount of Bitcoin, Ethereum etc and you will get double th...

Is Ethereum Undervalued and Does $9000 per ETH Possible (First Part)?

4 Jun 2020 2 minute read 2 comments CryptoPk

In this article, I will evaluate the potential of Ethereum Network which is dubbed to be the mother of Altcoins as well. Ethereum is also the epic center of decentralization after Bitcoin being the introducer of the new tech in the market. Well, most...

Unfolding the mystery of $2467 Grayscale Ethereum

4 Jun 2020 2 minute read 6 comments paragism

The United States based Grayscale Ethereum Trust shares were the first security solely invested in and deriving value from the price of Ethereum. It provides the investors with a traditional investment tool for investing into Ethereum. You have no ne...

Top 5 Ethereum (ETH) DApps You Need To Try

4 Jun 2020 3 minute read 24 comments Absolute Unit

I've shied away from writing this for a while. Gas fees have been climbing like crazy on the ETH network. These rising gas fees were making testing games/DApps an investment in itself. But the sheer amount of quality DApps on ETH made it all worthwhi...

New methodology for estimating trading volumes at CoinMarketCap: what has changed and what does Binance have to do with it?

4 Jun 2020 6 minute read 0 comments Artur89

CoinMarketCap, the main cryptocurrency trading aggregator, has added several new indicators to the system for evaluating exchanges and trading in digital assets. This is not the first attempt of the service to influence the problem of artificially ov...

Atomic Wallet

4 Jun 2020 1 minute read 0 comments Crypto-Hunter

Atomic Wallet The “physical” wallet itself is a PC application that can be downloaded onto your computer. Your private keys and other data will then be stored on your PC in an encrypted form. This application then interacts with the blockchains of su...