Ethereum (ETH) News, Price Predictions, Opinions and Analyses Created by Users

Ethereum (ETH)

8,497 Articles 4176 Followers

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.

Venezuela Could Become One of the First Countries Collecting Taxes in Crypto

12 Aug 2020 1 minute read 0 comments chichan47

Venezuela could become a crypto nation if the government decides to start collecting taxes using cryptocurrencies. In a recent document released by the Venezuelan Government, they inform that the National Tax Harmonization Agreement establishes the P...

🗞 Daily Crypto News, August, 12th💰

12 Aug 2020 4 minute read 0 comments Crypto_Lemon

Institutional FOMO? CME Bitcoin Futures Open Interest Soars to $841M; Alarm Sounds As Hot & Unaudited DeFi Potato, YAM, Locks USD 387m In Hours; Crypto-Friendly British App Revolut Reportedly Tripled Losses in 2019; What Today’s Robinhood Rally Has...

Reddit’s Donut Tokens: Sweet or Shit

12 Aug 2020 2 minute read 0 comments Yaki Moto

Key insights Reddit’s first community-based token aka subreddit points Earn Donuts by participating on r/Ethtrader 4,000,000 donuts are issued monthly while current burn rate is 100,000 donuts daily Donuts are used for purchasing Reddit’s premium se...

Qubit Tech

12 Aug 2020 3 minute read 0 comments roland4

Website Qubit Tech What does the company/project do? Qubit Tech is a multiplayer project that includes both ordinary investors and private consultants, opinion leaders in the investment industry. Qubit Tech is a company specializing in algorithmic...

The capitalization of the bitcoin-backed Ethereum token WBTC exceeded $200 million

12 Aug 2020 1 minute read 0 comments Danyakot

The total market value of the Wrapped Bitcoin (WBTC) token linked to the first cryptocurrency reached $227 million, according to the BTC on Ethereum service. WBTC is the leader in capitalization among "bitcoins on the air". It is followed by a large...

Analysis of prices BTC, ETH, XRP (12.08.20)

12 Aug 2020 1 minute read 0 comments InsanisFox

BTC/USD Yesterday bears pushed through the 2-hour EMA55 and increased their pressure. The bitcoin price pierced the 50% fibo support (11394.15 USD) and set the daily low at 11130.00 USD. At night, buyers tried to restore the price of BTC, but so far...

Episode 151: Top 20 Most Discussed Cryptocurrencies On Twitter

12 Aug 2020 1 minute read 0 comments NewCreationCapital

video: audio:   Join The New Creation Cronies Telegram Group In Episode 151: Top 20 Most Discussed Cryptocurrencies On Twitter  This is the story of the day. Story Related Links: @ICO_Analytics Links That Help The Channel Out: MCO $50.00 referral l...

Oracle Selects NOIA for Partner Network

12 Aug 2020 1 minute read 1 comment Ethanmathew

NOIA Network is proud to partner with Oracle by joining its Partner Network, a select group of trusted companies that work together to build, sell, and service cloud-based software. Oracle Cloud is a cloud computing service offered by Oracle Corporat...

Tether Moves 500 million USDT from TRON to Ethereum

12 Aug 2020 1 minute read 3 comments Abhi K

On August 10, Tether (USDT) moved 500 million USDT from TRON (TRX) to Ethereum (ETH). Tether and a third party, which appears to be Binance, coordinated to swap the funds between blockchains Total supply has not changed Tether has explained that exc...

Exciting RollerCoin Updates

12 Aug 2020 1 minute read 0 comments bosluistepel

Throughout the last couple of weeks, a few exciting things have happened over at RollerCoin, the real-world bitcoin mining simulator. Here is a quick summary of the changes and new things that have happened. Inventory Feature The Inventory feature is...