39,791 Articles 118,393 Followers
$1,951.16
Ethereum (ETH) is a decentralized computing platform founded by Vitalik Buterin, Charles 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.
Trading, farming points, sharing alpha, helping the community and bringing new people in. With Discovery Markets now live and more updates coming, there’s always something new to explore. Points are cool, but being part of the ecosystem and watching...
Welcome to our weekly digest, where we unpack the latest in account and chain abstraction and the broader infrastructure shaping Ethereum. This week: Frame Transactions cross a real testing milestone as two supporting proposals advance toward Hegotá;...
If you're unfamiliar with the Bitcoin Battlefield chart, you should definitely check it out because it's a lot of fun. Be careful, this isn't a web3 game, but an analysis chart! Instead of traditional candlestick charts, it's a real-time 3D visualiza...
Tuga's garden has a fence. She crosses it constantly — over the top, under the gap by the shed, along the wall — and the fence has never once stopped her going anywhere she wanted to go. It does something else, though. It defines whose garden this is...
The latest ETF flow data shows an interesting split between Bitcoin and Ethereum, and I think it’s worth keeping an eye on. U.S. spot Ethereum ETFs had a $2.81 million net outflow on September 29. This ended a seven-day inflow streak that had brought...
Technical Analysis Long term - Weekly Chart Following a nearly 2 year rally (2850% surge in price) SOL has spent a year and half correcting that sharp move to its historical top (0.8 of it was retraced). signs of trend reversal are slowly emerging....
Came across this interesting snapshot on twitter. It was looking at the Revenue Multiples of some of the top Chains Revenue Multiple is a valuation metric normally used to value companies where profitability may be negative or volatile. The Revenue M...
N1 Exchange has honestly become part of my daily routine. Trade, farm points, check the updates, talk with the community, repeat What I like most is seeing the ecosystem evolve week after week. There’s always something new going on, and it still feel...
I had to read this one three times before it made sense. Hyperscale Data, a small AI data center company trading on NYSE American, disclosed holding $56 million in Bitcoin and cash. That number alone means nothing until you hear the other half: it's...
No the technology should not suffer for how people use it... That is my position and I am going to explain exactly why I feel that way because this is a conversation that deserves more than just emotion and outrage driving it... Let me start with...
