Ethereum (ETH)

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Ethereum (ETH) is a decentralized computing platform founded by Vitalik Buterin 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.


MovieBloc Quiz Event! $600 in Prizes!

9 Jul 2019 1 minute read DogGodFrogLog $0.10 tipped

MovieBloc (website) is using blockchain technlogy to create the biggest and most participant-centric film ecosystem yet. Based on Kmplayer, which boasts over 800 million downloads on pc alone, they are aiming to take the asian markets wholeheartedly....

Beyond Horizon: 1000 Founder's Token Giveaway!

8 Jul 2019 1 minute read DogGodFrogLog $0.03 tipped

There's a new newcomer on the block and they're looking for blood. Beyond Horizon is an app development studio entirely powered by Enjin and they believe Blockchain can change the world forever. Spearheaded by Srdjan Mahmutovich, the same CEO behind...

Big Pump for SOLVE.CARE

6 Jul 2019 1 minute read chichan47 $0.00 tipped

Solve.care is one of the best token for 2019!??? From Market Rank #100 yesterday, now hits rank #68 on coinmarketcap!!! More pump is comming!!!!!

CryptoSpells Launch and Pre-Sale Guide! 20 Free Packs!

3 Jul 2019 1 minute read DogGodFrogLog $1.37 tipped

Every month is bringing something new! Cryptospells is a Trading Card game fresh out of the oven from Crypto Games Inc. You'll notice something quick, just like MyCryptoHeroes, Cryptospells is primarily a Japanese game. This is MCH's goal with the...

Gcoin(GCN) vs FaceBook Ireland July 1, 2019

30 Jun 2019 1 minute read kryptonja $0.01 tipped

  Greg Geoghegan of Gcoin will be taking Facebook Ireland to court due to taking funds then turning off boost features of cryptocurrencies more info on Gcoin: https://twitter.com/GCNcoin?s=17 https://bitcointalk.org/index.php?topic=665858.0 https://c...

Harmony(ONE) Token Launch Ahead of schedule

28 Jun 2019 1 minute read kryptonja $0.00 tipped

Harmony(ONE) Token will be lauching its mainet ahead of schedule today June 28,2019 at  8am PDT 11AM EST  

Bitsdaq Youtube event June 28, 2019

28 Jun 2019 1 minute read kryptonja $0.00 tipped

Today at at 5:30 PM (GMT) Bitstaq Token will go live with Russian Youtuber Blockxhain. Dont miss out if your interested in the Exchange tune in

Shoe price in cryptos

25 Jun 2019 1 minute read cryptovato1 $0.01 tipped

When Facebook decides to join the revolution!

19 Jun 2019 1 minute read CryptoFallen $0.00 tipped

Blockchain is here to stay, when Facebook decides to join, is it still a scam technology.... “First They Ignore You, Then They Laugh at You, Then They Attack You, Then You Win!” Mahatma Gandhi

12 Tips to start and win Cryptocurrency for free

14 Jun 2019 10 minute read Chriss Airdrop $0.70 tipped

12 Tips to start and win Cryptocurrency for free  (english version)   Before starting the listing, it is essential to inform yourself about this (or at least to remind you). It is strongly recommended, before starting airdrop, to create accounts that...