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.


Can Ethereum Hit $500 by 2020?

8 Aug 2019 2 minute read 13 comments CryptoChartWizard91

Ethereum has performed “pretty” well during 2019 (disregarding the month of July) after being able to reverse the previous bearish trend that was present during the entire period of 2018. During the course of the first few months of 2019, Ethereum ha...

What is Pundi X - [A Comprehensive Guide to Understanding Pundi X]

4 Oct 2019 6 minute read 3 comments Mr.CryptoWiki

image source: https://hacked.com/pundi-x-npxs-climbs-23-overnight-as-blockchain-smartphone-and-xpos-unveiled/ Transacting with digital currency should be as easy as buying bottled water. That’s the mission of Pundi X, as literally stated on their ow...

4 Very Interesting Things That Happened In Ethereum's Ecosystem Last Week

29 Jul 2019 2 minute read 12 comments kevW!ls0n

July is coming to a close and it’s been an interesting month for the market. Unfortunately, Bitcoin (BTC) is below $10,000 and people’s expectations of Bitcoin reaching $25,000 or $40,000 are a little shot now. Some people have downgraded their forec...

Take a gamble on blockchain - how FunFair is building provably fair and low-cost casinos

18 Dec 2018 10 minute read 2 comments Owl Yoda

  FunFair is positioning itself to be a major player in the decentralized casino gaming industry.  Transparent smart contracts guarantee players that the games run on programmatic logic, without fraud or interference. The games will use second layer...

EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Twenty - Down 80%

4 Sep 2019 4 minute read 13 comments starthere

  Interested in earning cryptocurrency for publishing and reading articles?  Join us at Publish0x! The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market...

The story of why Bitcoin and Ethereum forked; and why EOS can't.

18 Aug 2019 9 minute read 18 comments @cryptomandate

A time not long ago The year is 2009, and just as the year was starting Bitcoin is born on 3 January. Its inventor Satoshi Nakamoto mines the first block containing a reward of 50 bitcoins. This genesis block had a message embedded on it reading 'The...

0x Protocol — Building Decentralized Exchanges (…and so much more?)

11 Dec 2018 8 minute read 1 comment Owl Yoda

0x is one seriously ambitious project. It’s primarily developing a protocol to enable decentralized trading of tokens on Ethereum. It has the potential to become the technical standard delivering seamless interoperability of tokenized value across pl...

The Great Shitcoin Purge: Coming your way in 2020? Be Prepared!

6 Jan 2020 19 minute read 30 comments thunderboltkid

Do your Homework, Hodlers! ;) The purge in my opinion, has already started over these past holidays.  Value has been repatriated away from some obvious 'flat-lining' Shitcoins, and placed elsewhere as smart investors get ready for a 2020 repeat of th...

How will the new upgrade affect the Ethereum network on January 1, 2020?

23 Dec 2019 1 minute read 2 comments starke_kunst

The Ethereum Foundation website has published details of another hard fork designed to delay activation of the difficulty bomb. The update was called Muir Glacier - in honor of the famous glacier in Glacier Bay National Park and Preserve in the U.S....

My Ethereum Social Dapps Review

4 Oct 2019 6 minute read 13 comments Scott Cunningham

I would love for Ethereum dapps to grow and improve. I recently finished doing a review of their social dapps and the only one that stands out for me is Minds. After previously reviewing a handful of EOS dapps and feeling underwhelmed, I wanted to co...