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.


Mad Discounts and Rebates Untamed cards!!

17 Feb 2020 1 minute read 0 comments Chronocrypto

I am writing this post on me tumbaling on @jrvacation s post. Here. Damn amazing! I read through his post and I could not believe me eyes!!! So I had to try it for my self. First of all Splinterlands is as of right now running a week long promotion t...

WHAT DOES TRON ACQUIRING STEEMIT MEAN?

17 Feb 2020 1 minute read 0 comments Franklinlee

  When Justin Sun the founder of Tron announced that he had a surprise to share on February 14th, Valentine's Day many looked forward to what he had to say again, while some saw it as another marketing stunt, one he seems to be a master of. It came a...

Publish0x Tutorials- Withdraw BAT, DAI- Swap it to ETH and trade ETH for a vast list of fiat across the globe with country-specific fiat options.

17 Feb 2020 6 minute read 2 comments milaan

When you publish a post in Publish0x, you are tipped with ERC20 tokens like BAT, DAI, HYDRO, etc. Then you request for withdrawal of these tokens, which are processed and transferred by Publish0x to your ETH wallet on every Monday. There are many typ...

Cryptocurrency exchange: what is fixed and floating rates?

17 Feb 2020 2 minute read 5 comments ChangellyOfficial

Though the cryptocurrency market is quite volatile, with every year the number of crypto investors is increasing. Thanks to that at the beginning of 2019 the market capitalization reached the mark of more than 130 billion dollars. This article is ind...

BOMB BLAST; Almost All Major Cryptocurrencies Are Down

17 Feb 2020 1 minute read 0 comments Dominus1

 Val's day is over, and it now time for a serious business. But hell no, I woke up to realize all major cryptocurrencies are down from 5% to over 10% from previous prices. This is the first time in 2020 that such decrease in cryptocurrency value has...

XTZ Has A Very Rough Weekend: Market Turbulence In The Wake Of Regulation Talk

17 Feb 2020 4 minute read 2 comments Thomas Dylan Daniel

  Ouch. XTZ is trading below $3 for the first time since 2/12. What gives?   By now, everyone here probably knows what a Tezos bull I am. Unfortunately, I'm having to rethink a few things - as are many of us, I'm sure. Friday was a rough day for cry...

Ethereum, may it be able to overtake Bitcoin?

17 Feb 2020 1 minute read 1 comment Kanielcash

BTC rose 45% in 2020. Meanwhile, ETH saw gains of 120%. As a result, Ethereum had a new seven-month high. In addition, we saw that the main altcoin surpassed Bitcoin with its 22% increase in active addresses. Furthermore, the use of gas has reached n...

How to receive 19.82% APR on DAI

17 Feb 2020 1 minute read 0 comments favicon

First of all, this is more risky than for example simply using compound, because we will use 3 instead of 2 smartcontracts. And anything can happen :) Just be aware of the increased risks! Move DAI Move your DAI to iearn.finance Move yDAI to Curve G...

Ethereum Price Analysis for 02/17: ETH/USDT Targets $240, ETH/BTC Could go Below 0.025 BTC

17 Feb 2020 2 minute read 0 comments JP Buntinx

Following a bit of a rough weekend, most crypto assets still attempt to recover lost value. That is much easier said than done. The Ethereum price may be able to note some solid gains this week, however.  Ethereum Price Wants to Move up A near $43 de...

Price analysis 17, Feb Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

17 Feb 2020 1 minute read 0 comments haidernasir

Bitcoin. ethereum, litecoin, XRP and BCH is on a downtrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $9,815.79 with a loss of -1.86% in its price in the previous 24 hours. Bitcoin with its 24 hours high will be at $9,...