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.


KyberDAO launched

8 Jul 2020 1 minute read 0 comments favicon

Get started in Decentralized Blogging & Get Coached by Me! Click Here + Sign-Up for a Free account Kyber launched the long awaited DAO upgrade, and it's booming. KyberDAO is already up to 10m staked KNC in less than 24 hours! How to participat...

An alternate, Decentralised, Blockchain Based Domains for Censorship Resistant Websites

8 Jul 2020 2 minute read 0 comments Greenchic

Image taken from unstoppabledomain's website A Decentralised Blockchain powered Domain makes a website truly censorship resistant You may have built a Dapp on a blockchain and feel cool about it, however your setup is still not censorship resistant,...

Aave Launches Trusted Uncollateralized Loans Through New Feature Credit Delegation

8 Jul 2020 1 minute read 0 comments Abhi K

In a twitter post published on July 7, founder and CEO of decentralized lending and borrowing protocol Aave Stani Kulechov revealed a new feature called Credit Delegation, which lets users borrow on the Aave platform without posting collateral. Aave...

🗞 Daily Crypto News, July, 8th 💰

8 Jul 2020 4 minute read 2 comments Crypto_Lemon

Bitcoin Price Stalls at $9,300, Altcoins Rally to New Multi-Year Highs; Dogecoin Volumes Spike 1,900% in 2 Days Amid Viral TikTok Videos; DeFi Driving Chainlink’s Link Token to Record Highs; Renters Threaten US Real Estate Market, 20 Million America...

Price analysis 8, July Bitcoin, ethereum, litecoin, XRP and BCH.

8 Jul 2020 1 minute read 0 comments haidernasir

Bitcoin is on a downtrend, while Ethereum, litecoin, XRP and BCH is on a uptrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $9,269.20 at 11:44 PM GMT, with a loss of -0.42% in its price in the previous 24 hours. Bitcoi...

Active DApp Users on Ethereum Doubled in Second Quarter, While COMP Reached ATH

8 Jul 2020 1 minute read 1 comment PassionCryptodotcom

Decentralized finance applications (DeFi) on blockchain Ethereum have surged in the second quarter 2020, the daily trading volume reaching a record high in June. The second quarter Dapp 2020 market report published by analytics site Dapp.com showed t...

Ethereum (ETH) Cryptocurrency Project | How Fees Work: The Gas System

8 Jul 2020 3 minute read 4 comments NassiroV

Image Source The fees for trading on Ethereum are always paid in ethers (ETH). However, the complexity of the platform means that it has been necessary to set up an intermediate calculation system involving what is called gas. See gas as petrol for...

Installing latest version of Metamask extension on Brave Browser (and Chrome)

8 Jul 2020 1 minute read 0 comments iMil

I stumble upon a bug when trying to connect my Trezor Wallet to Brave browser, when clicking on "Connect", the connection screen would stay stuck on "Loading". I tried to find answers on Reddit and Brave's community forum, but no solutions were given...

KyberDAO and Staking KNC - Begins JULY 7, 2020!

8 Jul 2020 2 minute read 0 comments mattydevine

A very big congratulations to the Kyber team for successfully launching their KyberDAO staking!   KyberDAO staking went live this week on kyber.org/vote. This presents an opportunity for KNC stakeholders to vote on the future development and roadmap...

KyberDAO Goes Live On The Ethereum Mainnet

8 Jul 2020 1 minute read 0 comments Brennan

As per a post on Kyber Network's official blog, the KyberDAO has gone live on the Ethereum mainnet. KNC holders can now stake their tokens, participate in governance, and collect trading fees. KNC holders who stake their tokens will have the ability...