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.


Across The Cryptoverse #41 - Canonical Asset Bridging And Truts Reviews

2 Mar 2024 3 minute read 1 comment PVM

Why Across is the cross-chain ecosystem’s optimal bridge design. Because it costs far less than other solutions and because it consumes far less gas than any other cross-chain bridge! The protocol is using canonical asset bridging plus intents as the...

Manta: Is Modularity Revolutionizing Crypto or Simply Riding a Wave of Hype?

2 Mar 2024 1 minute read 1 comment Cryptofab

I recently had the opportunity to dive into the Binance Research report on scaling blockchains and embracing modularity. It was truly enlightening to explore the intricate details of how blockchain technology is evolving to meet the demands of scalab...

BINANCE NEW LISTING: Navigating the Hype with PORTAL

2 Mar 2024 2 minute read 4 comments PressF

Welcome to SatiricalSatoshi, your one-stop-shop for diving deep into the rabbit hole of meme coins, where logic meets lunacy, and finance frolics freely with memes. Today, we embark on an exhilarating expedition into the latest entrant in the meme co...

Short cryptonews for this week 9/52 (2024)

2 Mar 2024 1 minute read 0 comments Pasucaru

- In February 2024, bitcoin recorded its best monthly performance since december 2020 (+43.5%). This week, Bitcoin has been trading above $62,000. - Ethereum has been trading above $3500. - The Dencun Ethereum upgrade was successfully completed on th...

Scalping Techniques for Advanced Cryptocurrency Traders

2 Mar 2024 1 minute read 0 comments Mika(123)

Scalping is an excessive-frequency trading method adopted by skilled cryptocurrency traders to ride short upward trend movements with only a few seconds of interval. Herein, the market-maker approach is proposed. It is performed through the simultane...

WebRTC: What Is It And Why Should You Care If You Use Cryptocurrencies?

2 Mar 2024 3 minute read 2 comments CryptoEntrepreneurs

WebRTC stands for Web Real-Time Communication, a technology that allows real-time communication between web browsers, without the need to install any additional software. Sounds great, right? Well, not so much if you are a cryptocurrency user, since...

Crypto Craze: Beyond Bitcoin and Hype

2 Mar 2024 1 minute read 0 comments Rupanshu kumar

Hello guys, I hope you all doing well! Understanding the crypto  technology and future potential. Crypto is booming currently, Apart from the skyrocketed prices cryptos are much more  then just a investment or a transaction community, it's a technol...

Does Bitcoin (BTC) Need More Decimal Places?

2 Mar 2024 2 minute read 6 comments CryptoForAll

Those of us who own less that 1 Bitcoin (BTC) are familiar with seeing our holdings with eight decimal places, e.g. 0.00204503 BTC. Imagine if that changed to 0.002045039684, although thoughtful websites would probably add spaces, like 0.002 045 039...

The Future is Bright... and Murky: Prospects and Perils on Ethereum's Path Forward

1 Mar 2024 4 minute read 0 comments Gryphonboy

Greetings readers! Things are wild in the crypto market. Let's take some time to touch some grass and get up to date on some of the recent Ethereum trends. Ethereum is a blockchain platform that runs on a global, decentralized computer called the Eth...

NULS Ecosystem Ignition Program Phase II

1 Mar 2024 1 minute read 1 comment NULS

Build Projects on ENULS and Receive Incentive Since the inception of the NULS main-net, the ecosystem has experienced consistent growth, marked by the establishment of essential tools. The initiative to build the EVM parallel chain, ENULS, has been s...