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.


The CloudToken CloudWallet Cloud2.0 Ponzi Scam

5 days ago 1 minute read kingscrown $0.21 tipped

Its a copy of TrustToken from China but this time made in Malaysia. Im sure Steemit users were not even aware of it or use it but seem this thing is googled a lot so this will help to spread REAL WORD about it. Cloud Token 2.0 or Cloud Token is a pon...

[Comprehensive Guide to Help You Understand How to Exchange Ether to other Currencies]

6 days ago 1 minute read Richard M Adrian $0.28 tipped

Investing in crypto continues to be popular but a big challenge remains to investors. As we know many businesses have not yet accepted crypto payments as a method of payment, therefore, they are still needS for traditional currencies. It is necessary...

Why basecoin rewards are too much high? 10,000,000 BAB?

6 days ago 2 minute read Crypto Beeporter! $0.09 tipped

  Introducing "Basecoin" a decentralized token intended for adoption and daily usability. Basecoin is starting the Bounty Program for all users who want to share our project on social media.4.06% (10,000,000 BAB) All currencies are reserved for this...

The Problems Of A Centralized Company Running A Descentralized Crypto Project

6 days ago 5 minute read Cryptolohy $0.86 tipped

The more I study this subject the more I arrive at one specific realization. Bitcoin is the king of cryptoland, (among other things) because it is the most decentralized currency of all, maybe not in one specific measure, like mining farms, but as a...

How to Earn Almost Any Cryptocurrency for Free

6 days ago 5 minute read paleredsteel $0.04 tipped

Well, that last bit is kinda tricky. Nothing is really for free anymore. However, if you wanted to earn cryptocurrency without spending any fiat dime then yes, that's exactly what I meant and you've come to the right place, errrr, article. So anyway,...

EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Twenty-Two - Down 81%

6 days ago 4 minute read starthere $6.12 tipped

Interested in earning cryptocurrency for publishing and reading articles? Join us at Publish0x!** Ready to invest in crypto? Coinbase is a good place to start. Sign up using this link***, buy or sell $100 or more of crypto, and you'll receive $10 wo...

Update on the Blocknorth and Syscoin Platform Block Party, Amsterdam, November 7! Get your tickets now!!

1 week ago 1 minute read drlove $1.01 tipped

This long awaited major event is taking place tomorrow, November 7, from 5.30 pm to 10.00 pm, so there is still some time left to make it to the party if you are in the vicinity. Both Keynote speaker Dan Wasyluk, Co-Founder of the Syscoin Platform an...

Loopring Bi-Weekly Update — 11/03/2019

1 week ago 4 minute read Loopring $0.44 tipped

Note: all our blog posts and updates are released on our website as well — https://loopring.org/#/post/bi-weekly-update-11-03-2019 Research & Development Protocol We have been preparing the multiparty computation ceremony required for Loopring 3.0’s...

An Important Update on LRC’s Long-Term Incentive Program

1 week ago 1 minute read Loopring $2.17 tipped

On August 30, 2017, we kicked off the Long-Term Incentive Program (LTIP) to reward LRC’s long-term holders. The lock held for 18 months minimum, and thus participants have been able to withdraw from the LTIP since February 22, 2019. As of today, ther...

Ron Paul Promotes Bitcoin

1 week ago 1 minute read kingscrown $0.26 tipped

Ron Paul is a politican but if we read more, hes way more than this. He is articles author, physician, and retired politician who served as the U.S. Representative for Texas's 22nd congressional district from 1976 to 1977 and again from 1979 to 1985,...