Ethereum (ETH)

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21 Feb 2024

Ethereum (ETH)

$2,930.26

ETHUSD
Ethereum (ETH) is a decentralized computing platform founded by Vitalik Buterin, Charles 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.
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Riding The Avalanche: My Long-Term $YAK Strategy On YieldYak

1 hour ago 4 minute read 0 comments PVM $0.11
Yield Yak is the most popular and most used optimizer on Avalanche, due to the great variety of opportunities that it offers. An optimizer is in charge of maximizing the annual percentage of rewards that users can get when farming or staking your cry...

Ethereum bulls regain momentum

3 hours ago 1 minute read 0 comments Yugocean $0.22
Ethereum is becoming more and more influential. Being PoS has allowed it to shine in the current circumstances due to the passive revenue feature. Vitalik Buterin's Social Media Return Vitalik Buterin suddenly made two tweets (X posts) wh...

Vitalik Buterin: AI Can Solve Ethereum's Technical Risks

3 hours ago 1 minute read 0 comments KMatt $0.07
Ethereum has long been criticized for low scalability and high fees, technical issues that have somewhat (if only slightly) hindered Ethereum's widespread adoption and its ambition to become the foundation for Web3. Analysis of key points 1 Scalabili...

Bitcoin X Altcoins Running Together

3 hours ago 1 minute read 0 comments Ticktalker $0.03
History is useful to evaluate things from a wider perspective but needs to be contextualized. The best approach is always to work step by step and adapt to bullish/bearish circumstances. In previous market, Bitcoin pumps and after a while liquidi...

Pay Per Lead (PPL) Affiliate Programs.

5 hours ago 6 minute read 0 comments CryptoEntrepreneurs $0.29
Pay-Per-Lead (PPL) affiliate programs are a form of affiliate marketing in which you earn a commission for each person who signs up for a platform, service or product through your affiliate link. If you have a blog, a YouTube channel, an Instagram ac...

Will Bitcoin Break Its All Time High (ATH) Before The Halving?

5 hours ago 1 minute read 0 comments LocoSocioCrypto $0.24
As of writing, it is estimated that the next Bitcoin halving will occur on April 19th, 2024. While ultimately I'm disappointed I can't insert a 4/20 joke into my article now, this date is definitely coming up quickly! We are (un)officially only 60 da...

Blockchain from the inside: how Bitcoin works

9 hours ago 22 minute read 4 comments Crypter9 $0.07
We reveal all the possibilities of the Bitcoin blockchain with examples on most questions in a more detailed understanding.Basics: Why do we need blockchain?The blockchain was described in the article “Bitcoin: A Peer-to-Peer Electronic Cash System”...

The Doable of Cryptocurrency in Remittances: Exploration

12 hours ago 1 minute read 1 comment Mika(123) $0.06
The remittance industry is undergoing the greatest change through cryptocurrency as it provides a better choice against the conventional cash transfer methods in terms of speed, affordability and accessibility. Recipient families constitute a key ben...

The Intersection of Gaming and Blockchain: Advantages and issues faced.

14 hours ago 1 minute read 0 comments Mika(123) $0.04
It is a promising prospect which opens fertile and challenging opportunities. Blockchain technology that is decentralized and transparent can change multiple factors that belong to gaming market, such as ownership to in-game economies. However, one i...

Cryptocurrency plays an very important role in the humanitarian aid during disasters.

16 hours ago 1 minute read 0 comments Mika(123) $0.06
Cryptocurrency is now the play of a very significant role in the humanitarian efforts that are taking place all over the world as it provides the decentralized and greener method for the issuance of aid to the affected communities. The herbal failure...