- Rating Report list
Ethereum Analysis & Research report - CoinCheckup.com - 22 October
Ethereum offers a decentralized platform to build dApps, run smart contracts and generally act as a supercomputer. Its platform aims to be censorship-resistant and open for all Algo. score rating 4.1/5 (#24) 100% OPEN CHANNELS 63% TEAM STRENGTH 78% PRODUCT STRENGTH 100% GITHUB ACTIVITY 78% COIN STRENGTH 100% BRAND AWARENESS See attached report for complete in-depth insights.
Ethereum [ETH] Rating - Decentralized Smart Contract Platform
Ethereum is an open-sourced, public blockchain-based platform that enables the development of decentralized applications along with smart contracts. Ethereum focuses on running the code of these applications rather than being a peer to peer electronic cash system like many other cryptocurrencies. The project enjoys enormous community support and boasts the most significant active developer community in the cryptocurrency space. Scalability on the network is an issue, but there are many projects underway to address these issues.
Ethereum | Rating:AA | Outlook: Positive
Developed by Vitalik Buterin with inspiration of Bitcoin in November 2013, Ethereum is a cryptographic currency as well as decentralized application platform. Ethereum successfully crowdfunded in August 2014 (issuing price:1BTC=2000ETH, approximately $0.31). The project runs applications exactly in accordance with the intelligent contract. Problems of downtime, censorship, fraud or third party interference are impossible.
ETH Rating Report
The rating for ETH is A; the project has low overall risk, but future development will be influenced by both internal and external factors. Although common application platforms such as ADA and EOS will give ETH definite competition, ETH’s continued development is continuing along multiple fronts, and the outlook is stable.
Ethereum (ETH): The Programmers Blockchain
Ethereum is the original programmer’s blockchain that was launched in order to provide a development platform for decentralised applications. The Ethereum foundation completed one of the first Initial Coin Offerings (ICOs) back in 2014 and the project went live on July 2015. Ethereum provides for a decentralised Turing complete virtual machine which is called the "Ethereum Virtual Machine" (EVM). The consensus method on Ethereum is through PoW making use of the Etash hashing algorithm. The EVM can execute decentralised code that is developed in the proprietary coding language, Solidity. In order to execute these smart contracts, "Gas" will be used as the internal pricing mechanism. Ethereum is perhaps best known for being the go-to blockchain for projects to develop dApps and launch their own ICOs on. Ethereum was developed by some of the most prominent names in Cryptocurrency including Charles Hoskinson and Vitalik Buterin. Ethereum has also been through a hard-fork that resulted in it been separated from the original Ethereum chain in Ethereum Classic. There are a number of improvements in the works for Ethereum including the Metropolis upgrade which could see Ethereum move to a Proof-of-Stake consensus blockchain. ETH is extremely liquid and is traded on numerous exchanges around the world. ETH tokens are more volatile than Bitcoin but less volatile than many other altcoins.