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.


First Look into RealT

6 days ago 7 minute read TwiceCrypto $3.89 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...

New Trend in Crypto Space? Here's Where The Big Money is Shifting

1 week ago 1 minute read Ed-california $4.70 tipped

A new report released by Outlier Ventures, published on August 13, shows a new trend emerging in the crypto space: development and focus seems to be shifting from the use of cryptocurrencies to its use in convergence applications. The report, called...

Dexa Coin: a Revolutionary App Simplifying the Global Money Transfer!

1 week ago 1 minute read nejibens $0.15 tipped

Let's talk today about Dexa Coin, a new promising project which has the potential to reach a high level of success, since it is presenting some needed and useful services.  Basically, Dexa Coin's aim is simplifying the method used by people around th...

BlockBurn $BURN Token Raising.

1 week ago 1 minute read alberdioni8406 $0.07 tipped

Cryptocurrency has a volatility market and tokens with that are Inflactionary tends to loose value due to that coins like BlockBurn get created to combat those problem and reducing the supply help the asset to gain more market stability and the asset...

Unofficial Gods Unchained Weekly Recap (Aug 9th-16th)

1 week ago 3 minute read CryptozNewb $1.17 tipped

Welcome the the first (and hopefully not the last), of the Unofficial Gods Unchained weekly recap. The Gods Unchained beta is humming along nicely. You can find a match at any time of the day. The team has been hard at work, providing regular back-en...

Daily Active Users Of EOS, Ethereum, IOST, And TRON DApps Totaled 204344 On August 16

1 week ago 1 minute read razeiv $0.15 tipped

Citing data from DApp Total, as of 00:00, August 17, EOS, Ethereum, IOST, and TRON DApps recorded 204,344 daily active users (DAUs), 64.26% of which were EOS-based. 1. Number of users: EOS (131,302) > ETH (39,425) > TRON (33,617) > IOST (12,764); 2....

#TheNewCent Is Coming!!

1 week ago 1 minute read erixink $0.29 tipped

#TheNewCent Is Coming. Update from Cent CEO, max was posted earlier today.   For those who don’t already know, Cent is a dapp built on the Ethereum blockchain & uses ETH as its internal currency. On Cent anyone can earn ETH from anywhere. Thus, the...

$60 Billion in Crypto Market Cap Has Vanished In Less Than 10 Days

1 week ago 1 minute read CryptoChartWizard91 $3.21 tipped

The past 10 days have been a rollercoaster after the entire cryptocurrency market managed to wipe out around $60 billion in value - in fact, the total was much closer to $65 billion. Unsurprisingly, this market wipeout coincided with the Bitcoin pric...

TXT IEO ( Initial Exchange Offering) on Bgogo - Apollo Launchpad Project Introduction

1 week ago 1 minute read Trust Dice $0.09 tipped

1. What is TXT? TXT is the token of the world's top 3rd blockchain gaming platform - TrustDice (https://trustdice.win). TrustDice is a value-shared blockchain gaming platform. Users can earn (i.e. mine) TXT tokens by simply playing games on the plat...