Ethereum
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Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
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Ethereum News & Activities
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Recent News
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- integritee added Ethereum as alternative to Integritee Network
- upty004 added Ethereum as alternative to Beam Wallet
Comments and Reviews
Dubai is going to put all it's papers on Blockchain by 2020. Probably except for land ownership documents which will remain on paper beside Blockchain for extra security.
How is this review related to Ethereum?
Reply written Sep 21, 2023
Extremely centralized block production. PoS has locking and slashing. EVM based, which makes it very prone to SC hacks and bugs. Variable fee where the user has no idea how much the TX will actually cost them in gas fees, and on top of that - if the TX fails, user still pays the fee. EVM is also really hard to parallelize/shard. Has strong ties to CCP through Wanxiang. Check TruthLabs (BoringSleuth) on X (Twitter) if you would like to take the red pill and find out who is really behind and controlling Ethereum.
Best in data security. End to End encryption on transaction helps the platform reliable.
Literally no idea what you mean by your comment nor how it is related to Ethereum. Also, Ethereum is a lot of things but secure. While it's the most attacked because of its size. It's also attacked because of it's very insecure programming model - EVM. There can even be assets created that can cause the user to lose (get drained) of all of their funds if they interact with the maliciously crafted NFT for example. Doesn't really scream secure.
Reply written Sep 21, 2023
Why is this considered Free? Is it because it contains proprietary code in it or because it goes against FOSS standards?
Huh?
Reply written Sep 21, 2023