Ethereum News

Ethereum is an open-source blockchain platform that can be used to build and run decentralized applications (DApps). The Ethereum blockchain has its own native token called Ether, which is currently the second-largest cryptocurrency by market cap.

Unlike other applications, DApps are “hosted” on a blockchain which makes them decentralized. This allows them to run exactly as programmed without the interference or control of a single entity.

Initially conceived by Vitalik Buterin, the Ethereum project was intended to be a lot more than just another cryptocurrency. His idea was to create the first ‘programmable’ blockchain that developers could use to create a wide range of applications.

Ethereum went public in 2013 with a whitepaper outlining its ambitious plans. This led to several key developers coming on board. In 2014, Ethereum completed its ICO, raising $18 million in 42 days through the sale of Ether.

Essentially, Ether is a cryptocurrency like Bitcoin and is traded as such. Ether uses the ticker ‘ETH,’ and it trades on almost all major cryptocurrency exchanges. This includes prominent exchanges like Binance, Coinbase, and BitMEX.

Ethereum can process transactions much faster than Bitcoin, although it has had some difficulties operating at scale. Some believe that Ethereum will become the ‘Microsoft Windows’ of the blockchain world, with Ether becoming the leading cryptocurrency. But as of now, this remains uncertain as Ethereum has stiff competition coming from other smart contract platforms such as EOS and TRON.

Ethereum is often criticized for its over-complexity, but it’s the freedom it provides developers on the platform which has led to its growth. The Ethereum ecosystem is continuously growing and evolving, and it pays to stay up to date with the latest Ethereum News.

If you are looking to learn more about Ethereum and how it works, you should read our Ethereum guide. Developments occurring in the ETH space relating to DApps, smart contracts, ERC20 tokens, and more are covered in detail by [blokt] journalists in this news section.


ConsenSys Lists 16 Ethereum Blockchain-based Games You Can Make Money Playing

Blockchain has the potential to revolutionize the gaming industry through the use of Non-Fungible Tokens (NFTs). ConsenSys media recently highlighted 16 live NFT-based games that users...

Wrapped BTC Goes Live Bringing Bitcoin’s Liquidity to the Ethereum Ecosystem

Wrapped Bitcoin (WBTC), a Bitcoin-backed ERC20 token on the Ethereum blockchain has now gone live and is available for trading on several platforms and...

Litecoin vs Ethereum: Which is Packing More Heat in 2019 [Technologically...

After kicking off 2018 with a bang, cryptocurrencies tumbled like a house of cards by the end of the year. The fallout was so...

Cryptopia Hack Stolen Funds Moved to Binance and Other Crypto Exchanges...

A large amount of Ethereum and ERC-20 tokens have been transferred, over the last hours, from Cryptopia to wallets linked with several cryptocurrency exchanges,...

Will Ethereum Reach Consensus Before the Constantinople Hard Fork?

We are less than two days before the much-anticipated Constantinople hard fork on the Ethereum blockchain. Constantinople has been set to launch on January 16...

ConsenSys Explains the Ethereum [ETH] Block Reward Reduction Coming With Constantinople...

With the upcoming Ethereum hard fork called Constantinople, block rewards will reduce from 3 ETH to 2 ETH, making mining Ether less profitable. ConsenSys, one...

Parity Technologies Receives $5 Million Grant From The Ethereum Foundation

After being a member of the Ethereum ecosystem for several years, Parity Technologies was provided a grant from the Ethereum Foundation this week. They have...

Popular Ethereum DApp EtherGoo Has Converted to TRON With New TronGoo...

Tron Arcade announced recently that TronGoo, a revitalization of the popular Ethereum game EtherGoo, is coming to the Tron network. The goal for players in the game is...

Man in Singapore Uses Ethereum [ETH] to Pay $42,000 for a...

David Lau, a business development manager, based in Singapore made a first-of-its-kind payment at a car dealership with Ethereum. The 27-year-old man paid half the...

Justin Sun to Ethereum Developers: Jump Ship and Bring Your dApps...

Tron CEO Justin Sun has urged Ethereum developers to jump ship and come aboard Tron’s expanding ecosystem. How his target audience responds to the...

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