CryptoCoinsInfoClub.com

Enterprise Ethereum Alliance Wiki

Ethereum. All About Cryptocurrency - Bitcoin Wiki

Ethereum. All About Cryptocurrency - Bitcoin Wiki

Ethereum was initially described in a white paper by Vitalik Buterin, a programmer involved with Bitcoin Magazine , in late 2013 with a goal of building decentralized applications. Buterin had argued that Bitcoin needed a scripting language for application development. Failing to gain agreement, he proposed development of a new platform with a more general scripting language. At the time of public announcement in January 2014, the core Ethereum team was Vitalik Buterin, Mihai Alisie, Anthony Di Iorio, and Charles Hoskinson. [3] Formal development of the Ethereum software project began in early 2014 through a Swiss company, Ethereum Switzerland GmbH (EthSuisse). Subsequently, a Swiss non-profit foundation, the Ethereum Foundation (Stiftung Ethereum), was created as well. Development was funded by an online public crowdsale during JulyAugust 2014, with the participants buying the Ethereum value token (ether) with another digital currency, bitcoin . While there was early praise for the technical innovations of Ethereum, questions were also raised about its security and scalability. Several codenamed prototypes of the Ethereum platform were developed by the Foundation, as part of their Proof-of-Concept series, prior to the official launch of the Frontier network. "Olympic" was the last of these prototypes, and public beta pre-release. The Olympic network provided users with a bug bounty of 25,000 ether for stress testing the limits of the Ethereum blockchain. "Frontier" marked the tentative experimental release of the Ethereum platform in July 2015. [4] Since the initial launch, Ethereum has undergone several planned protocol upgrades called milestones, which are important changes affecting the underlying functionality and/or incentive structures of the platform. "Homestea Continue reading >>

Ethereum: Jpmorgan, Microsoft, Banks Form Blockchain Alliance | Fortune

Ethereum: Jpmorgan, Microsoft, Banks Form Blockchain Alliance | Fortune

Get Data Sheet , Fortunes technology newsletter. The Ethereum alliance arrives as a challenger to several other extant blockchain ventures. The R3 consortium, for example, counts scores of partnering banks among its members, despite recent high-profile departures by Goldman Sachs , Santander, and Morgan Stanley . It has created Corda, its own take on a blockchain. IBM (ibm) , meanwhile, has spearheaded another initiative known as the Hyperledger Project, part of the non-profit Linux Foundation. That group maintains the fabric blockchain codebase, which as been used in supply chain trials with Wal-Mart (wmt) . Much of the interest to date from traditional financial firms involves private blockchains, meaning permission from an authority is required before a party can join the network. The original versions of Bitcoin and Ethereum have public networks that anyone can join. (At press time, the market caps of their cryptocurrencies were approximately $19 billion and $1.4 billion, respectively.) Alex Batlin, blockchain lead at Bank of New York Mellon, said that while the Ethereum alliance will focus on the development of private blockchains, the hope is that these will one day link up with the public Ethereum blockchain, which is open to all. That interconnection of public and private chains actually creates a very strong network, Batlin said on a call with Fortune. Each chain strengthens the other at an exponential level. In the view of its proponents, Ethereums public and private networks will become analogous to intranets versus internets; they will share standard protocols, but have different configurations for privacy and security, depending on each organizations needs. Members of the Ethereum alliance include Accenture, BBVA, BNY Mellon, BNP Paribas, BP, Cisco , Credi Continue reading >>

Enterprise Ethereum Alliance: Everything You Need To Know

Enterprise Ethereum Alliance: Everything You Need To Know

Enterprise Ethereum Alliance: Everything You Need To Know By: Sudhir Khatwani In: Ethereum Last Updated: EEA The Enterprise Ethereum Alliance is the new hot topic in the blockchain and cryptocurrency world. In this article, I am going to tell you everything you need to know about the Enterprise Ethereum Alliance. As it is evident from the name, you might think that EEA has something to do with the Ethereum platform. So before jumping into EEA, I want you to understand briefly what Ethereum is. And for those of you who want an in-depth explanation of Ethereum, see our guide: Ethereum Cryptocurrency: Everything A Beginner Needs To Know . As the official Ethereum project websitesays: Ethereumis a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship, or third-party interference. Okay, let me give you a less technical definition: Ethereum is an open-source, decentralized blockchain platform for applications and smart contracts. It has its native cryptocurrency called Ether,which is a crypto-fuel to perform operations on Ethereum blockchain. Ethereum uses EVM Ethereum VirtualMachine to compile codes written in Ethereums native language, Solidity. And as the code is executed on the blockchain, it cant be manipulated or tampered with. Lets now return to the original topic ofEEA The Enterprise Ethereum Alliance. Here are articles that you should read to learn about Ethereum: The EEA official website defines itself as follows: The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts. Together, we will learn from and build upon the only smart contract supporting blockchain currently running in real-world production Ethereum to define Continue reading >>

Microsoft, Intel, Banks Form Enterprise Ethereum Blockchain Alliance

Microsoft, Intel, Banks Form Enterprise Ethereum Blockchain Alliance

Microsoft, Intel, banks form Enterprise Ethereum blockchain alliance Microsoft is expanding on its Azure Blockchain-as-a-Service work by joining the new Enterprise Ethereum Alliance, along with Intel and a number of leading banks. Blockchain is the technology that underpins the cryptocurrency Bitcoin. But it has uses beyond that. A blockchain is a shared, distributed ledger that can store the complete transaction history of not just cryptocurrency but other kinds of records. As such, it's of interest to many enterprises, especially those in banking and finance. Microsoft initially launched Azure Blockchain-as-a-Service in November 2015. Last year, Microsoft took the wraps off version 1 of its Project Bletchley blockchain template. Bletchley is accessible via the Azure resource manager and is aimed at helping customers and partners create private consortium Ethereum networks. Ethereum is an open-source, blockchain-based distributed computing platform that provides a decentralized virtual machine. Other members of EEA include Credit Suisse, UBS, JP Morgan Chase, Bank of New York Mellon, and Thomson Reuters. More information on EEA is available on its website . Its mission statement: "The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts. Together, we will learn from and build upon the only smart contract supporting blockchain currently running in real-world production - Ethereum - to define enterprise-grade software capable of handling the most complex, highly demanding applications at the speed of business." There are other industry blockchain alliances including the Linux Foundation's Hyperledger Project, which includes among its members IBM and Hitachi. Update: Microsoft has Continue reading >>

What Does The Enterprise Ethereum Alliance Mean For A Small Time Ethereum Investor Like Myself?

What Does The Enterprise Ethereum Alliance Mean For A Small Time Ethereum Investor Like Myself?

What does the enterprise Ethereum alliance mean for a small time Ethereum investor like myself? The EEAs existence means that the whole Ethereum ecosystem will benefit because of open research/discussion about the large issues that face Ethereum before it can become widely adopted. They are currently creating standards for smart contracts, transactions and addressing requirements for privacy, security, scalability, etc. If they are successful - Ethereum may be in more demand in the future - with entities buying Ethereum to use it not only to invest. I made a video covering the whole topic of the EEA, if youre interested please check it out below! This is a huge announcement for investors and the Ethereum community as a whole because it signals widespread interest in Ethereum and confirmed investment into Ethereum application and infrastructure development from leading international software providers. It also is fair to assume that together the community can create standards for Ethereum similar to TCP/IP that would increase its usefulness. You can learn more about the altcoin industry with the Altcoin Analysis published by MLG Capital . The price of Ether is dependent on the demand in the market which is directly correlated to adoption of Ethereum as a platform to build and use Dapps. Enterprise adoption does help in exponential growth of a technology in it's nascent stage. So ideally a rise in participants in Enterprise Ethereum Alliance will have a large impact on demand and hence price of Ether. In the short run speculators and traders who jump in on these rumors also help drive up the price. However in the long term only active participation of the companies joining the alliance will help to large price rise and sustain it. The participation should translate into Continue reading >>

White Paper Ethereum/wiki Wiki Github

White Paper Ethereum/wiki Wiki Github

Introduction to Bitcoin and Existing Concepts The concept of decentralized digital currency, as well as alternative applications like property registries, has been around for decades. The anonymous e-cash protocols of the 1980s and the 1990s were mostly reliant on a cryptographic primitive known as Chaumian Blinding. [8] Chaumian Blinding provided these new currencies with high degrees of privacy, but their underlying protocols largely failed to gain traction because of their reliance on a centralized intermediary. In 1998, Wei Dai's b-money [9] became the first proposal to introduce the idea of creating money through solving computational puzzles as well as decentralized consensus, but the proposal was scant on details as to how decentralized consensus could actually be implemented. In 2005, Hal Finney introduced a concept of reusable proofs of work, [10] a system which uses ideas from b-money together with Adam Back's computationally difficult Hashcash [11] puzzles to create a concept for a cryptocurrency, but once again fell short of the ideal by relying on trusted computing as a backend. In 2009, a decentralized currency was for the first time implemented in practice by Satoshi Nakamoto, [1c] [1d] combining established primitives for managing ownership through public key cryptography with a consensus algorithm for keeping track of who owns coins, known as "proof of work." The mechanism behind proof of work was a breakthrough because it simultaneously solved two problems. First, it provided a simple and moderately effective consensus algorithm, allowing nodes in the network to collectively agree on a set of updates to the state of the Bitcoin ledger. Second, it provided a mechanism for allowing free entry into the consensus process, solving the political problem of Continue reading >>

Ethereum Wiki: What Is Ethereum?

Ethereum Wiki: What Is Ethereum?

Home Cryptocurrency Ethereum What is Ethereum? What is Ethereum? Mohan Garikiparithi Profit Confidential 2017-12-16T06:00:24Z 2017-12-14 05:05:26 what is Ethereum what is Ether Ethereum market cap Ethereum price chart Ethereum history who invented Ethereum Ethereum supply cap Ether circulation limit Ethereum advantages Ethereum limitations ETH future value ether potential cryptocurrency market All about what is ethereum and history, workings, advantages and other details about the second largest crypto and why its being seen as the next bitcoin. Ethereum [caption id="attachment_114312" align="alignleft" width="300"] iStock.com/gamegfx[/caption]To fully understand what Ethereum is, you need to know a little about blockchain, a word that cryptocurrency followers have been taking for granted.The easiest way to explain blockchain is with an analogy from your daily life. If cryptocurrency is e-mail, blockchain is the Internet. At its basic level, Ethereum is a software platform based on blockchain technology. The platform allows for the building and deployment of decentralized applications.Until very recently, building blockchain applications used to require significant resources anda specialized understanding of mathematics, coding, and cryptography. But, thanks to Ethereum and its tools to build decentralized applications, previously unimagined applications can now be actively developed and deployed faster than ever before. People interested in Ethereum often ask What is Ether?" Understanding Ether is very crucial, because it is fundamental to the functioning of Ethereum.Just as all machines use some sort of fuel, so do blockchains. Ethereum uses Ether, a unique code that can beused as a way to pay for running an application or a program. Just like a slot machine requires Continue reading >>

The Possibilities And The Enterprise Ethereumalliance

The Possibilities And The Enterprise Ethereumalliance

The Possibilities and the Enterprise EthereumAlliance In October, 2016, JP Morgan Chase unveiled Quorum, an effort to extend blockchain technology with A permissioned implementation of Ethereum supporting data privacy . The point of the permissioned aspect was that it could allow interaction between public and private ( permissioned) blockchains . Whether it worked or not (I have only glanced at the code, not tried to run it) this shows something significant about how financial companies think about blockchain technology. Private blockchains, run by single companies like JP Morgan Chase, give those companies control over their own and their customers transaction data. Among other things, that control makes it possible for them to protect clients privacy. Registering transactions on a public blockchain, which will have many more nodes attached, gives them more security. Building this on top of Ethereum, a smart contract platform, shows that they have more in mind than simply sending money from account A to account B. Good to know. On February 28, 2017, the announcement of the formation of the Enterprise Ethereum Alliance (EEA) showed the next step. EEA is a consortium of established companies, startups and even non-profits, that intend to work together to enhance Ethereum and the systems that surround it so that they are suitable for enterprise-grade applications. More or less by definition enterprise-grade applications must be able to smoothly handle high transaction volumes, while conforming to known standards of behavior. Standards are important for interoperability and auditability. Well come back to this point in a bit. Quorum is one of the things the folks at the EEA point to as an example of the technology they are building. JP Morgan is one of the founding membe Continue reading >>

Business Giants To Announce Creation Of A Computing System Based On Ethereum

Business Giants To Announce Creation Of A Computing System Based On Ethereum

DealBook |Business Giants to Announce Creation of a Computing System Based on Ethereum Microsoft is among the companies set to form the Enterprise Ethereum Alliance an organization that will create a standard version of Ethereum software for businesses to use for tracking data and financial contracts. Credit George Etheredge for The New York Times SAN FRANCISCO Microsoft , JPMorgan Chase and other corporate giants are joining forces to create a new kind of computing system based on the virtual currency network Ethereum. Some 30 companies are set to announce on Tuesday the formation of the Enterprise Ethereum Alliance, which will create a standard version of the Ethereum software that businesses around the world can use to track data and financial contracts. The new organization, a nonprofit, is part of a broader movement to harness the technological concept known as the blockchain, which was introduced to the world by Bitcoin. Blockchains offer a way for unrelated computers and companies to simultaneously collect and store information without relying on a central authority, similar to the way that Wikipedia is written and maintained by a group of writers and editors rather than a single author. Many big corporations have been looking for ways to use blockchain technology to keep track of information created by unrelated companies, like stock and bond trading transactions. IBM has made a particularly big push into the blockchain business, and it has been leading a separate collaborative project, known as the Hyperledger Foundation. The new Ethereum alliance has been described by some of its backers as a way to ensure that the IBM-led blockchain effort is not the only option for businesses looking to use the technology. Other companies like R3 and Chain have also been de Continue reading >>

Enterprise Ethereum Alliance Launches Three New Work Groups

Enterprise Ethereum Alliance Launches Three New Work Groups

Enterprise Ethereum Alliance Launches Three New Work Groups Ethereum-based blockchain initiative Enterprise Ethereum Alliance (EEA) has recently launched three new member-driven working groups in digital identity, energy, and multiplatform interoperability. EEA was founded with the aim of integrating the Ethereum blockchain into the enterprise sector. The company researches security and privacy, and also focuses on hybrid architectures that relate to both public and permissioned Ethereum networks. A third and last emphasis is given to industry-specific application layer working groups. The organization was launched last February and now it has seventeen working groups and committees. Each of these working groups has a specific task in the development of Ethereum-based technology. The three groups are the Digital Identity Working Group, theEnergy Working Group, and the MultiPlatform Working Group. The first will research and form a general understanding of Ethereum in the digital identity space and to develop a taxonomy that is widely accepted and practised in the technology industry. The second is focused on defining standards around Ethereum blockchain implementations in different traditional energy sectors oil and gas, mining, refining, trading, and utilities. The third group will develop the existing Ethereum platform and make it suitable for multiple operating systems and physical hardware. EEA founding board member Jeremy Millar commented: EEAs member-driven working groups focus on solving the real-world challenges of deploying and using Ethereum in the enterprise. The output of the working groups is a key component of EEAs mission and active participation is something our members find valuable to their businesses. Identity, energy and multiplatform interoperabili Continue reading >>

Ethereum - Wikipedia

Ethereum - Wikipedia

This article has multiple issues. Please help improve it or discuss these issues on the talk page . This article relies too much on references to primary sources . Please improve this by adding secondary or tertiary sources . Some of this article's listed sources may not be reliable . Please help this article by looking for better, more reliable sources. Unreliable citations may be challenged or deleted. The Ethereum Project's logo, first used in 2014 Ethereum is an open-source , public, blockchain -based distributed computing platform featuring smart contract (scripting) functionality. [2] It provides a decentralized Turing-complete virtual machine , the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed. [3] "Gas", an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network. [2] [4] Ethereum was proposed in late 2013 by Vitalik Buterin , a cryptocurrency researcher and programmer. Development was funded by an online crowdsale between July and August 2014. [5] The system went live on 30 July 2015, with 11.9 million coins "premined" for the crowdsale. [6] This accounts for approximately 13 percent of the total circulating supply. In 2016, as a result of the collapse of The DAO project, Ethereum was forked into two separate blockchains - the new forked version became Ethereum (ETH), and the original continued as Ethereum Classic (ETC). [7] [8] [9] Ethereum was initially described in a white paper by Vitalik Buterin , [10] a programmer involved with Bitcoin Magazine , in late 2013 with a goal of buildin Continue reading >>

The Enterprise Ethereum Alliance Wiki : Ethtrader

The Enterprise Ethereum Alliance Wiki : Ethtrader

Welcome to /r/EthTrader | Foundation Tip Jar | Rules | Policy | Mod Logs | Vote Tracking | News Timeline | Education | Comments RECDAO is a meta-community that seeks to provide Ethereum-based tools for improving how we use Reddit. Pre-register and then register your Reddit username on the Ethereum blockchain, vote in the dao, and be awarded community tokens based on your karma in community subs. Please see the FAQ for more details. TECHNICAL ANALYSIS FUNDAMENTAL ANALYSIS DISCUSSIONS DAPP DISCUSSIONS NEWS DAPP NEWS SCAMS WARNINGS TOKEN WARNINGS SECURITY RELEASE DAPP RELEASE EXCHANGES ADOPTION DAPP ADOPTION SENTIMENT STRATEGY METRICS MINING EDUCATIONAL MEDIA LEGACY DAPP ERC20 TOKEN AUGUR ALTETH ALTCOINS COMEDY SUPPORT TOOL You can correct inaccurate link-flair assignments by typing "[AutoMod]" along with the flair name in a top-level comment, e.g. [AutoMod] DAPP-NEWS. All flair names are capitalized, e.g. use [AutoMod] EXCHANGE instead of [AutoMod] Exchange. Two word flairs require a hyphen in between them. Requires 100 comment karma and 1-month account age. If this feature doesn't work, please message the modmail . Continue reading >>

Wipro Joins Enterprise Ethereum

Wipro Joins Enterprise Ethereum

Wipro Joins Enterprise Ethereum Alliance as Founding Member to Develop Enterprise-Grade Blockchain Solutions Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company has joined the Enterprise Ethereum Alliance (EEA) as a founding member. EEA is a collaboration of enterprises to promote, develop and implement enterprise grade Ethereum-based blockchain applications across industries for specific business use cases. Ethereum is an open-source, blockchain-based distributed computing platform, featuring smart contract functionality. The EEA seeks to augment Ethereum adoption as an enterprise-grade technology, with research and development focused on privacy, confidentiality, scalability and security. Wipro has been actively working on Ethereum to develop enterprise blockchain-based industry solutions and assets on a number of industry use cases. These solutions include Delivery versus Payments (DvP) settlement for securities and capital markets, skip-trace consortia for banking, peer-to-peer (P2P) insurance for the sharing economy, anti-counterfeit solution for supply chain traceability and many more. Jeremy Millar, founder of Enterprise Ethereumsaid, "The EEA benefits from a diverse, yet enterprise-focused membership base. Wipro brings a global perspective on IT strategy and operations to this alliance. We are very pleased to have Wipro as a member as we launch the Enterprise Ethereum Alliance." We are excited to be a part of the founding team of the Enterprise Ethereum Alliance and contribute towards key aspects such as security, privacy and scalability as they will be the key determinants in accelerating blockchain adoption within enterprises. Enterprise Ethereum is a great way to fast-t Continue reading >>

Enterprise Ethereum Alliance

Enterprise Ethereum Alliance

Ethereum's intrinsically trusted system is the most promising solution for enterprise Blockchain adoption, given its maturity and multi-purpose design. Privacy and Performance improvements will be mandatory to achieve enterprise-ready status and will be the focus of Enterprise Ethereums roadmap. In partnership with the dedicated and robust Ethereum community, Enterprises are coming together to produce the industry standard, open source, free to use blockchain solutions that will be the foundation for businesses going forward. This form needs Javascript to display, which your browser doesn't support. Sign up here instead Continue reading >>

Big Corporates Unite For Launch Of Enterprise Ethereum Alliance

Big Corporates Unite For Launch Of Enterprise Ethereum Alliance

Big Corporates Unite for Launch of Enterprise Ethereum Alliance Feb 28, 2017 at 08:56 UTC|UpdatedMay 20, 2017 at 21:59 UTC A group of global enterprises representing the oil and gas industry, the financial sector and software development firms will todayformally launch the Enterprise Ethereum Alliance, dedicated to developing ethereum into an enterprise grade blockchain. Comprised of British oil giant BP, bulge-bracket bank JP Morgan, software developer Microsoft, India IT consultancy Wipro, and about 30 other diverse firms, the group aims to reimagine the consortium model as a non-profit, donation-based system. If successful, the model could have ripple effects for other fees-based structures. Expected to be formally revealed today at an event in New York City, the Alliance is designed in one sense to more closely align with the open-source philosophy of its founder Jeremy Millar, while also giving large corporations and small startups alike a stronger sense of accountability for their investment in the technology. At stake is more than the dollars of potential customers being spread across a rapidly growing numberof consoritia working to leverage DLT technology- there's also increasingly toughsearch for talent to build actual applications. "The goal of the Enterprise Ethereum Alliance is to align the various interest groups, the users, the startups, the large technology platforms, to a single roadmap so that we can take those steps together." First reported by CoinDesk in January, we now know the Enterprise Ethereum is a 501 (c) (6) non-profit organization incorporated in New York City. With the same non-profit status set aside for so-called 'business leagues', such as chambers of commerce, the goal of the alliance is to build out a series of standards for ethereum i Continue reading >>

More in ethereum