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.


Altcoin 08/18/2019 by dobobs

6 days ago 3 minute read dobobs $0.04 tipped

Live Cryptocurrency Market by: Coin360.com Bitcoin Experts Mock Another Claim on Satoshi’s Identity – Why Does it Still Matter? [coingape.com] The press release claimed that the Bitcoin creator’s identity would be revealed on two websites – www.Sato...

we know that cryptocurrencies are so good, so why are so many governments don't like it?

6 days ago 6 minute read PH-X $0.12 tipped

Let's start this discussion again. we know that cryptocurrencies are so good, so why are so many governments don't like it? If people use bitcoins, instead of the state currency, the government can not "tax" them or give a "value" through the inflati...

Bitcoin stellar rally, even surpasses Amazon

6 days ago 1 minute read Roberto D. $0.25 tipped

After overcoming last winter, with repeated decreases in the cryptocurrency market, Bitcoin (BTC) in 2019, when almost eight months have now passed, is taking a big revenge because, due to the rise in prices, it is far exceeding long the gains obtain...

6 changes to the Ethereum network - A promising currency 2020

6 days ago 1 minute read Medal182 $0.11 tipped

Ethereum is undoubtedly one of the currencies you should keep and your portfolio. If you have it today, surely by 2020 you will be smiling when the whole process is launched next year. The Ethereum core developers on Thursday finalized a list of six...

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

6 days ago 9 minute read @cryptomandate $6.70 tipped

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...

MITOSHI: The Next Generation of Online Gaming and Crypto-Lotteries!

6 days ago 2 minute read nejibens $0.11 tipped

The industry of online gaming and crypto-lotteries is going forward day per day almost. We noticed recently a new and promising project called Mitoshi, and we think it have the potential to reach success, since it has so many attractive features.  1....

Electric company of Arequipa Peru will use Blockchain to improve transparency in light collection

6 days ago 1 minute read MonoBlack $0.04 tipped

  The Electric Society of Arequipa seeks to improve the billing process, benefiting half a million customers.     The Electric Society of Arequipa (SEAL) in Peru enters a new stage of digital transformation by using Blockchain in order to improve...

Earn ETH with pictures you take with your smartphone

6 days ago 1 minute read DimitarM $0.12 tipped

Microwork for Android and iOS is a paying application for taking photos. All you need is a phone with half decent camera. How does it work: There are different tasks each week(on Monday) to take pictures of something - person wearing something, someo...

First Look into RealT

6 days ago 7 minute read TwiceCrypto $3.83 tipped

Investing in Real Estate is one of the most popular ways to grow your money as long term investors look to options in the property market for building their wealth. Not only does it generate rental income which is an additional revenue stream, the va...

WHEN TO BUY/INVEST IN CRYPTOS

6 days ago 1 minute read Danoskie $0.08 tipped

Today, I'll be sharing with you how I make some cool cash from cryptos.It's not a new news that we have more unstable coins than stable coins and by that, traders have the chances of making profit(s) or loss(es) while trading.Looking at the current s...