Name: Ethereum
Rating: 8.8 (2 reviews)
Author: Open Source

Help Desk

Web and Video Conferencing

Customer Support

Agile Development

Image Recognition

Kubernetes Monitoring

Service Mesh

Development

Academic Advising

Classroom Management

Online Learning

Education

Barcode

Business Intelligence (BI)

Collaboration

Email Spam Filter

Interactive Voice Response (IVR)

VoIP

Enterprise

Accounting

Digital Banking

Finance and Accounting

Applicant Tracking

Benefits Administration

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Cloud Brokers

Cloud Storage

Converged Infrastructure

Data Center Infrastructure Management

Data Lakehouse

Data Observability

Database Load Balancing

Desktop Outsourcing

Ethernet Switches

File Sync and Share

Fraud Detection

Governance, Risk & Compliance

Integration Platform as a Service (iPaaS)

Machine Learning

Network Performance Monitoring

Network Troubleshooting

Operating Systems

Packet Analyzer

Software Defined Storage (SDS)

Tape Storage

Threat Intelligence

Information Technology

A/B Testing

AI Writing Assistant Software

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Digital Signage

Email Management

Email Marketing

Event Registration

Heatmap and Session Recording

Marketing Automation

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Presales

Sales Acceleration

Sales Gamification

Sales

Animation

Auto Repair

HIPAA Compliance

Insurance Suites

Investment Portfolio Management

PCB Design

Public Sector Software

Tax Practice Management

Vertical-Specific

Find top rated software and services based on in-depth reviews from verified users. 400+ software categories including PaaS, NoSQL, BI, HR, and more.

Clause for DocuSign

DocuSign

Hyperledger Fabric

Open Source

Waves

Waves Technologies

Solana

Velas

Algorand

Algorand, LLC

CertiK

Chainlink Labs

ConsenSys Diligence

ConsenSys Software, Inc

### Blockchain Technology
Reviewers consistently highlight Ethereum's blockchain technology as a pioneering and advanced platform for smart contracts. Users appreciate the autonomy and interaction capabilities of decentralized applications on the Ethereum network through smart contract execution. The ability to issue ERC-20 tokens for various innovative uses is seen as a significant advantage of Ethereum's blockchain technology. Despite some concerns raised about transaction processing times and network scalability, the overall sentiment leans towards acknowledging Ethereum as a leader in blockchain innovation and development.

### Smart Contracts
Reviewers generally praise Ethereum's smart contract capabilities, highlighting its robustness and ease of use for creating decentralized applications. While some users find deploying contracts to the chain a bit challenging, the overall sentiment leans towards Ethereum being a reliable platform for executing smart contracts efficiently. Users appreciate the security and transparency offered by Ethereum's smart contracts, emphasizing their role as the backbone of the platform. Despite concerns about gas prices and occasional network slowness, Ethereum's smart contracts are seen as a valuable tool for creating trustless relationships in transactions and enabling decentralized applications to operate autonomously.

### Decentralized Applications (DApps
Users consistently praise Ethereum's decentralized applications (dapps) capabilities, highlighting the platform's efficiency in deploying dapps like Truffle and creating transparent supply chain solutions. They find that utilizing smart contracts for decentralized apps simplifies processes, such as sending donations to charities. The ability to execute smart contracts autonomously without the need for intermediaries is a key feature that users appreciate, enabling the creation of various real-world applications with ease. Additionally, the speed at which Ethereum processes transactions and the secure nature of smart contracts are key factors that users find valuable in the realm of decentralized applications.

### Cryptocurrency Transactions
Reviewers have expressed a mix of opinions regarding Ethereum's cryptocurrency transactions. While some users appreciate the platform's fast transaction speeds and the ease of use, others have raised concerns about the high gas fees associated with transactions. The use of Smart Contracts on Ethereum has been highlighted as a significant advantage, enabling trustless relationships in transactions. Despite some drawbacks, Ethereum's ability to process transactions quickly and efficiently has garnered positive feedback from users.

### Mining and Miners
Users seem to have varying perspectives on Ethereum's mining and miners. While some appreciate the speed and efficiency of the mining process in Ethereum 2.0, others express concerns about the high gas prices associated with mining. The concept of discriminating against miners in ETH2 is a point of contention for some users, highlighting a potential drawback in the mining ecosystem. Despite the advancements in contract deployment and overall mining speed, the cost and efficiency of mining operations remain key considerations for users evaluating Ethereum's mining and miners.

### Wallet and Security
Users' positive sentiments towards Ethereum's wallet and security capabilities are evident in their emphasis on the platform's secure storage of data through private keys and the reliability of smart contracts. The decentralized nature of Ethereum's network further enhances security, allowing for transparent and trustworthy transactions. Additionally, users have successfully leveraged Ethereum's user-friendly framework to develop various applications, such as wallets for charity initiatives and e-commerce stores, showcasing the platform's versatility and security features.

Users of Ethereum have provided several recommendations based on their experiences. The most common recommendations are as follows:

1. It is useful to use a layer 2 solution where possible in mining, as it can improve efficiency and scalability.
2. When mining Ethereum, it is advisable to partner with a mining pool instead of building your own mining farm.
3. Before diving into business problems, it is recommended to go through the basics of Ethereum to have a solid understanding of its capabilities.

Overall, users highly recommend Ethereum as a powerful tool for creating smart contracts and ensuring integrity. They find Ethereum to be the most mature and reliable blockchain compared to its peers. Additionally, users anticipate significant upgrades to the Ethereum network in the next two years, especially with the launch of Ethereum 2.0. They suggest giving Ethereum a try as it can solve a wide range of problems and open up new business ideas. Furthermore, users encourage others to hop on the industry trend of using Ethereum and jump right into it.

Fast Transaction Processing: Many users have praised Ethereum's fast and reliable transaction processing, with confirmations taking only 10 seconds. This feature makes transactions much quicker compared to other platforms.

Smart Contracts: The use of Smart Contracts on Ethereum is one of the most appreciated features by users. According to reviewers, Smart Contracts can help businesses and individuals build trustless relationships in transactions. Additionally, they are seen as the building blocks of decentralized applications.

Security and Transparency Features: Another widely acknowledged benefit of Ethereum is its security and transparency features. Users appreciate that data is kept secure with private keys, while smart contracts act as a backbone for transparency. These features make it easier for blockchain-based apps to keep data and funds safe from malicious attacks or frauds.

High network and gas fees: Many users have expressed frustration with the high fees associated with using Ethereum. Multiple reviewers have reported that the network fees are extremely expensive, making it difficult to justify using the platform for smaller transactions. Additionally, some users have noted that the volatility of gas prices can lead to unexpected costs when executing smart contracts.

Difficulty for new users: Several reviewers have mentioned that onboarding onto Ethereum can be a challenging process for new users. Some users have reported difficulty understanding how to mine currency or execute smart contracts, and no clear explanation was provided. This barrier may deter some potential users from adopting the platform.

Slow transaction times: A significant number of reviews mention slow transaction times as a major downside of Ethereum. Users report that the network gets bogged down at times due to a high volume of transactions, causing slower transaction times and higher fees. Additionally, some reviewers note that Ethereum can be slow even under ideal network conditions compared to other networks like Tron and EOS.

Ethereum is a community-run technology powering the cryptocurrency, ether (ETH) and thousands of decentralized applications.

Ethereum

Smart Contracts

Live Bitcoin & Ethereum Signals | 15 Minute Chart (BTC + ETH) **24/7 Live Demo**

First BANKEX Demo for Creation of Smart Asset on Ethereum - Historic Moment!

6 Ethereum Gas, price, limit explained (demo)  - Ethereum from scratch

ChainThat's Insurance Platform Demo - (blockchain and smart contracts)

Meta transactions on Ethereum via Identity Proxy Contract

Demo: Create an Ethereum Smart Contract

5 Ethereum basics - accounts, contracts, nodes, miners (demo)  - Ethereum from scratch

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Home

Smart Contracts Platforms

Ethereum

Overview

What is Ethereum?