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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.

Why NFT's Could Be One Of The Most Important Things In The Future.

23 Sep 2022 1 minute read 5 comments CryptoCreator

Before we start I would like to say that THIS IS NOT FINANCIAL ADVICE AND IS FOR ENTERTAINMENT PURPOSES ONLY. So NFT's what is an NFT an NFT is a Non-Fungible Token which means that only one is ever able to be minted. This is all stored on the blockc...

Let's say you're building an app....

22 Sep 2022 2 minute read 0 comments MadMaxx

Theoretically, say you wanted to build an app to solve a problem that currently exists in the crypto market as a whole. Or one that exists squarely in your own life. What would that product be? I recently asked myself that question a few days ago and...

Wintermute Hacked - Loss of $160 Million

22 Sep 2022 3 minute read 1 comment kev_nag

Most crypto investors probably never heard of Wintermute Trading before the Sept. 20 $160 million hack, but that does not reduce their significance within the cryptocurrency ecosystem. The London-based algorithmic trading and crypto lending firm als...

DexKit is the first project in the whole 🌎 providing this NFT tool, check it out

22 Sep 2022 3 minute read 0 comments Paraguanads

Taken with authorization from DexKit's Blog. Two years have passed since we embarked on this new adventure, which seems like a very short time but, in the emerging and competitive world of cryptocurrencies, those years represent an eternity that onl...

What is Lens Protocol?

22 Sep 2022 3 minute read 12 comments vanassen.eth

                                                                        I'll let this caption start the description-------              As we all know by now, like most landscapes in life, every industry has mainstream products and underground produ...

BTC Daily Technical Analysis: BTC Balance on Exchanges IS up / Shorts liquidation Close to Price / S&P 500 Continues its Downtrend.

22 Sep 2022 1 minute read 5 comments FreedomBuilder

It's bizarre the balance of BTC on the exchanges 🧐 All texchanges are positive, I think fear is installed in the market and everyone is starting to send BTC to the exchanges to sell them before it drops sharply. If we had one or two big exchanges lik...

Switchere Crypto Exchange Review

22 Sep 2022 2 minute read 0 comments Heath Muchena

What is Switchere? Switchere is a digital asset platform that is operated by FITEUM OÜ licensed as a virtual currency service provider and incorporated under the laws of Estonia. Switchere has a platform that is accessible via desktop and mobile apps...

My crypto journey

22 Sep 2022 1 minute read 0 comments Wither

Hello My name is withertrooper I when I found out the concept of crypto in 2020 I was astonished by the concept and wanted some crypto in my pockets So I spent some time doing some research First of all, I was scared to invest any money into crypto s...

22 Sep: Exchanges Dominate the News

22 Sep 2022 4 minute read 2 comments TheCryptoCurator

"With the new day comes new strength and new thoughts."- Eleanor Roosevelt Powered by Unchained Capital - Securing Your FutureThe Best Way To HODL Bitcoin Welcome to Thursday Folks! Looks like the exchanges are making the news today. FTX coming in st...

First Games in Gods Unchained

22 Sep 2022 1 minute read 4 comments Steve Hodl

Hello, My Fellow Blockchain Gamers and Enthusiasts! My journey into Blockchain Games continues today with my first foray into Gods Unchained. This is according to a triple-A rated game on the blockchain. What that means in reality, they...