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.


IDENA - Proof of Person Blockchain

5 hours ago 2 minute read 1 comment boyka

Idena runs an AI-hard Turing test  to prove the humanness and uniqueness of its participants,  it is a way to formalize people on the blockchain. The Idena blockchain is driven by proof-of-person consensus, every node is linked to a cryptoidentity, o...

Exchanging cryptos – when fees reduce your profits

5 days ago 1 minute read 0 comments achim03

Almost every crypto user needs one day to exchange coins. When exchanging coins it is not always visible how much such transactions will actually cost you. I have tried to compare several places where coins can be exchanged to try to figure out the l...

MarketHive: A New Way To Earn and Socialize

3 days ago 1 minute read 0 comments Schire

Markethive is a new way to earn and socialize! I've recently signed up into this inbound marketing platform and I must say that it is worth it. It is not just a simple social media platform, it is a hybrid social network! Markethive is supported by F...

It's do or die time for BTC.

2 days ago 1 minute read 3 comments MadMaxx

For a long time, Bitcoin has had it's fair share of haters. From people who have promised that Bitcoin was dead, to people who just plain up hated it, Bitcoin's ride to success hasn't been without it's speed bumps. However, Bitcoin finally has a chan...

Whales are Transferring Bitcoin Assets from Exchanges to Wallets: Is Bullish Rally Coming Ahead?

4 days ago 1 minute read 0 comments NewsBitcoin247.com

Whales are Transferring Bitcoin Assets from Exchanges to Wallets: Is Bullish Rally Coming Ahead? The turmoil in the financial markets also influenced the top digital asset, and a bearish trend recorded on March 12 when Bitcoin lost half of its value....

Treasury Secretary Mnuchin: Stimulus Checks Will Be Deposited in 3 Weeks

1 day ago 11 minute read 0 comments bettercallpaul

Update on Coronavirus Stimulus Package:  Treasury Secretary Mnuchin Says Expect Direct Deposit in 3 Weeks!   A COVID-19 Special Edition of the Better Call Paul Blog [JACKSONVILLE, FL - 03/27/2020, UPDATED 03/28, 3/29]  UPDATE 03/29/2020 So, wh...

What is a fat finger, and how can it make you rich?

2 days ago 1 minute read 0 comments MadMaxx

I was reading through the comments on my last post(I have a lot of time now thanks to this lockdown), and I saw that someone asked what a fat finger was in the comments. I then realised that not everyone here is a trader, and that I will need to brea...

Easiest Way to Start Mining Crypto | GPU/CPU | HoneyMiner Review/Tutorial

4 days ago 1 minute read 2 comments cryptowc

HoneyMiner is an application that allows you to mine Bitcoin with your computer's GPU and or CPU. HoneyMiner is so easy to use anybody can do it. It only takes 5 minutes to get going! Once you create an account, download and open the software its jus...

Updates On The Projects I Have Been Following

2 days ago 2 minute read 1 comment boyka

In this post i will update some information on the projects i follow ( Sh*t Ticket, BuccaneerCoin, GhostToken, Proof of Nature, CoronaCoin), some of the developments are not very big so i will not make an individual post for every project. There are...

Binance set to Acquire CoinMarketCap for $400 Million.

4 hours ago 2 minute read 1 comment CryptoCation

One of the world’s most widely used cryptocurrency exchanges, Binance, is set to acquire popular crypto data website CoinMarketCap. The deal is reported to be in the final stages, which looks set to see Binance pay as much as $400 million for U.S.-ba...