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.


Goldman Sachs Predicts Gold Will Be at $2,300 in 12 Months, What Does It Mean for Bitcoin

12 Aug 2020 1 minute read 1 comment stevo muchoki

Goldman Sachs Group Inc. (NYSE: GS), an American multinational investment bank and also a financial services company has today predicted that gold price will hit $2,300 in twelve months. At the time of publication, the instrument was trading around $...

Bitcoin in recovery: what will happen in the next few days?

12 Aug 2020 1 minute read 0 comments Mickael Pasquier

Bitcoin (BTC) fell yesterday and hit lows close to $ 11,100 . However, the cryptocurrency held out and managed to trade above $ 11,300 for most of the day. While the bearish move undermined illusions of an imminent jump to 12K, analysts are still bul...

My C.J. ep.10 - How crazy are the fees to move our tokens???

12 Aug 2020 1 minute read 20 comments The Lebanese Girl

  I have just opened my Atomic Wallet... and I was totally shocked to discover the Network fees became so ridiculous! is it a joke???      9 dollars! and the minimum gwei is 255, increasing constantly...     I'm really shocked, because to move my t...

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...

Grayscale Launch Ad Campaign to Bring Crytpo to the Masses

12 Aug 2020 2 minute read 4 comments Bragato18

Grayscale Investments national TV ad, that hopes to bring cryptocurrency to the masses, has been officially launched. The ad will be featured on CNBC, MSNBC, FOX and FOX Business. The 30-second video clip was released by Grayscale Investments on Twit...

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...