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Ethereum 2.0 Price

Buterin Unveils Ethereum 2.0 Roadmap As Coin Nears $500

Buterin Unveils Ethereum 2.0 Roadmap As Coin Nears $500

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Is Ethereum Gearing Up For A Flippening 2.0?

Is Ethereum Gearing Up For A Flippening 2.0?

Is Ethereum Gearing Up For a Flippening 2.0? Ethereum continues its bullish run today, with the currency up another $200 to a new all-time high of almost $1,400 before currently settling at around $1,300. While its trading volumes are up now to around $10 billion, more than half of BTCs trading volumes for the past 24 hours. Ethereums market cap has also risen to more than 50% of bitcoins market cap, currently standing at $128 billion. With some suggesting ethereum is headed for $2,000, which would give it a market cap of around $200 billion, not far off from taking that top spot. But is that realistic? It is of course the case that no one knows with price being unpredictable by nature as future events could bring all sorts of news, but ethereum seems to have decoupled from bitcoin recently in an inverse correlation of sorts. While ethereums price has been rising, bitcoins price has been falling, down from some $17,000 to $13,000 before somewhat recovering to $14,000. After reaching a high of $20,000, then briefly halving to $10,000, bitcoin might have seen its peak, at least for now, so giving way to the show to Ripple first, which overtook eth in market cap, and now seemingly to ethereum, which stands at nearly twice the current market cap of XRP. Bithumb has returned to top position for eth, with the BTC pair following very closely, handling some $700 million in trading volumes. Considering the apparent inverse correlation in the past few days, most of that volume might be one way, from BTC to eth. Spring might have come early for ethereum. As can be seen above, the currency tends to start slowly moving up in around late January/early February. Then, it tends to move somewhat fast near summer. It almost overtook bitcoin in market cap last May, but a sell-off after a Continue reading >>

Vitalik Buterin Uncovers Ethereum 2.0 Roadmap In Taiwan

Vitalik Buterin Uncovers Ethereum 2.0 Roadmap In Taiwan

All eyes were on Vitalik Buterin at the recently heldBeyond Block Taipei 2017 conference, in Taiwan, where Ethereum co-founder presented his plan for the Ethereum blockchain technology. Vitalik discussed some of the existing problems within Ethereum blockchain and the ways developer community is working towards future scalable solutions. By going deeper into the specifics of each issue, Vitalik provided the audience with a substantial amount of information. The roadmap highlights that in next 3-5 years Ethereum is all set to achieve VISA-level scalability in its operations. While commenting on several Ethereum replacements, which have come to the market in recent months, Vitalik stated: The Ethereum killer is Ethereum, the Ethereum of China is Ethereum, the Ethereum of Taiwan is Ethereum 2.0. Quickly coming to the main point, Vitalik said that the four major problems faced by Ethereum today are privacy, smart contract safety, consensus safety, and scalability. According to Buterin, he and his team is ready to provide already developed solutionstothe first three issues. In order to improve the level of privacy in transactions, zk-SNARKs support has been integrated with the Byzantium hard fork, which Vitalik claims to be a viable solution for long-term continued implementations. Similarly, a high level of reliability can be brought to smart contracts through the Viper technology and a formal verification process. For the purpose of solving consensus safety issues, a Casper project is being developed. The primary goal of this project is to replace proof-of-work mechanism with proof-of-stake one. According to Vitalik this change in the consensus mechanism is essential for the future development of Ethereum. However, one of the major issues, which the developer community of Continue reading >>

Ethereum Price - Coindesk

Ethereum Price - Coindesk

The vice president of the European Central Bank saidyesterday that investors are taking a risk buying bitcoin at current high prices. How many people do you think own bitcoin? I would like to receive the following emails: CoinDesk Weekly - Insights for the week ahead CoinDesk Daily - Our snapshot of the day's news Subscribe to our free newsletter and follow us Continue reading >>

The Ethereum Killer Is Ethereum 2.0: Vitalik Buterins Roadmap

The Ethereum Killer Is Ethereum 2.0: Vitalik Buterins Roadmap

The Ethereum Killer Is Ethereum 2.0: Vitalik Buterins Roadmap November 29, 2017, 01:19:32 PM EDT By Giulio Prisco, Bitcoin Magazine Speaking on November 25 at BeyondBlock Taipei 2017 , Ethereum inventor and co-founder Vitalik Buterin outlined his vision for Ethereum 2.0. He described major changes in Ethereum's architecture that are likely to be implemented over the next few years to improve Ethereum in terms of privacy, safety (consensus safety and smart contract safety) and, of course, scalability, which was the main focus of Buterin's talk. Buterin doesn't seem worried about competitors. "The Ethereum killer is Ethereum, the Ethereum of China is Ethereum, the Ethereum of Taiwan is Ethereum 2.0," he said. The fact that Ethereum is booming seems to confirm Buterin's optimism. ETH's price has been relentlessly climbing, recently reaching almost $500, and Ethereum is handling more transactions than all other major blockchains combined. Decentralization, scalability and security are among the important properties that blockchain systems should have, but there are conflicts. Off-chain solutions are useful, but limited. According to Buterin, it's very easy to have two of these properties but very hard to have all three. However, Ethereum's ambitious goal should be that of achieving all three at the same time. "We want to scale to thousands of transactions per second, on chain, without any supernodes," reads one of Buterin's slides. Sharding - dividing a blockchain network into several smaller component networks (called shards) capable of processing transactions in parallel - is considered to be a promising way to achieve high throughputs comparable to the thousands of transactions per second of traditional payment networks such as Visa and MasterCard. "You can think of [sh Continue reading >>

Ethereum 2.0 - What Can We Expect From The Update? - Cryptoticker

Ethereum 2.0 - What Can We Expect From The Update? - Cryptoticker

Ethereum was one of the big winners this week pinning down two major points. Their cryptocurrency rose from around $350 to an all-time high of $515 before settling around the $400 mark. But the much more interesting event was the announcement of the 2. generation of Ethereum at the BeyondBlock Taipei 2017 . Although there wont be one date where the platform launches, rather a series of updates, Vitalik Buterin, aka Lama Shirt, laid out the roadmap for the next years of the smart contract platform. The Ethereum killer is Ethereum, the Ethereum of China is Ethereum, the Ethereum of Taiwan is Ethereum 2.0 Vitalik Buterin. Big statements. Its true that it handles more transactions than all major blockchains combined. However since many of the popular dApps such as Storj, Augur, TenX etc. currently run on the Ethereum blockchain, its performance is of major importance. With only 4-8 transactions per seconds it has huge limitations for mainstream market adaption. How is the Ethereum foundation coping with theses challenges? Here are some of the solutions they are proposing. Imagine Ethereum as a huge block of data that has to be shared on all participants. Currently this involves sending/sharing big amounts of data with participants who can make no use of this data. This increases the amount of redundancy and is a major waster of electricity, which at the current moment is one of the main flaws of the system. The problem, according to Buterin, will be solved by sharding. Sharding means splitting the network into smaller components. Each node will only process a small amount of information and validate fewer transactions. This way the system will become more decentralized, Itll increase in speed and data size will be lowered. Successful implementation will lead to comparable Continue reading >>

Vitalik Lays Out Ethereum 2.0 Roadmap In Taiwan

Vitalik Lays Out Ethereum 2.0 Roadmap In Taiwan

Vitalik Lays Out Ethereum 2.0 Roadmap In Taiwan The future of Ethereum, according to co-founder Vitalik Buterin Vitalik Buterin , co-founder of Ethereum , has laid out the future plan of the Blockchain technology-based platform at a conference in Taipei, dealing with some of the biggest problems in Ethereum and suggesting how the future might shape up. Having already provided a substantial amount of information, the new update from Buterin gives more specific details. The statement from Buterin began with a sort of tongue-in-cheek commentary on the many Ethereum replacements that have come on the market in recent months. According to the young computer scientist: The Ethereum killer is Ethereum, the Ethereum of China is Ethereum, the Ethereum of Taiwan is Ethereum 2.0. Buterin continued by describing the four areas where he sees a need for improvement on the current Ethereum platform. These were privacy, consensus safety, smart contract safety and scalability. For each of the first three, the Ethereum co-founder sees a solution that is actively developing. In the area of privacy, the Byzantium hard fork has created the ability for zk-SNARKs, a solution that Vitalik sees as a viable one with continued implementation. For consensus safety, the recent development, nicknamed Casper, should bring solutions, and for smart contract safety, Viper and formal verification can produce real solutions. However, the problem of scaling is substantial. Vitalik explained that decentralization, scalability and security are a complex trifecta that can present major challenges in the future. While its relatively easy to have any two of the three creating a system where all three are functional has proven difficult. Scalability on the Ethereum, according to Buterin needs to be thousands of Continue reading >>

Ethereum Price - Ethereum Price Chart & History In Usd

Ethereum Price - Ethereum Price Chart & History In Usd

Ethereum is a developer platform for the creation of decentralized applications running on blockchain, through the use of smart contracts. It was launched on June 30, 2015 by Vitalik Buterin and has been gaining popularity ever since. At the time of writing, Ethereums market cap is at $4,713,144,698 only second to Bitcoin. Just like Bitcoin, Ethereum is a platform based on blockchain technology. Blockchain as we know it has many applications that go beyond digital currencies. Today, Bitcoin is one of the several hundred of applications that use blockchain. In simplest terms Ethereum is an innovation based on the technologies and concepts that originally pioneered Bitcoin. Smart contract aka cryptocontract is a term used to describe a program that help you exchange money, property, shares, or anything of value in a transparent, conflict-free way. These are the programs that follow a series of steps every time they receive a message called a transaction. Think of a smart contract as a traditional contract between two parties. It can not only define the rules and penalties of the agreement, but also automatically enforce those obligations. Smart contracts achieve this by by taking in information as input, assigning value to that input through the rules set out in the contract, and executing the actions required by those contractual clauses. Ether is the currency or value token of the Ethereum blockchain. That means Ether is required by anyone wanting to build upon Ethereum platform. It is listed as ETH and traded on cryptocurrency exchanges like any other cryptocurrency. There are three ways you can get hold of Ethereum. Most popular exchanges to buy ETH with USD, EURO, Yuan and other currencies are Coinbase and Cex.io. You can also use Bitcoin to buy ETH from the trusted Continue reading >>

Vitalik Buterin Revealed His Plans For Ethereum 2.0. - Cointelligence

Vitalik Buterin Revealed His Plans For Ethereum 2.0. - Cointelligence

Home News Ethereum creator reveals Ethereum 2.0 roadmap as price soars Ethereum creator reveals Ethereum 2.0 roadmap as price soars During the last annual Beyond Block Taipei 2017 conference that was hosted by Taiwan, the Ethereum creator, Vitalik Buterin, revealed his future plans for the cryptocurrency. According to Buterin, Ethereum 2.0 will focus on attaining a scalability level that could rival that of VISA within the next five years. Published onNov 29, 2017 03:58 By Ali Raza The creator of Etherum, Vitalik Buterin, recently revealed his plans for Ethereum 2.0. During the last annual Beyond Block Taipei 2017 conference that was hosted by Taiwan, the Ethereum creator, Vitalik Buterin, revealed his future plans for the cryptocurrency. According to Buterin, Ethereum 2.0 will focus on attaining a scalability level that could rival that of VISA within the next five years. Buterin previously discussed his future plans for Ethereum during the cryptocurrencys annual Devcon3 conference, hosted in Mexico earlier this year. Buterin has finally made more details available regarding this project. In his conference address, Buterin once again laid emphasis on the many challenges faced by Ehtereum, including user privacy, scalability, and reliability of both smart contract and consensus. According to Buterin, he is already in the process of developing viable solutions to address issues of privacy. as well as smart contract and consensus reliability. In order to enhance Ethereum users transaction privacy, Buterin states that the Ethereum team will employ zk-SNARKs technology in their Byzantium fork. In terms of consensus reliability, the team is currently working on the Casper project, which will eventually replace the current proof-of-work system with proof-of-stake. In additio Continue reading >>

Vitalik Maps Ethereum 2.0 Roadmap In Taiwan

Vitalik Maps Ethereum 2.0 Roadmap In Taiwan

Vitalik Maps Ethereum 2.0 Roadmap in Taiwan The co-founder of Ethereum Vitalik Buterin laid out at a conference in Taipei a blueprint for the blockchain technology-based platform that aims to address some of the significant problems in Ethereum and suggest some steps to shape up the future. Buterin provided more specific details following the previous substantial amount of information released before. Buterin started his declaration with a sort of tongue-in-cheek commentary on several Ethereum replacement that popped out on the market in the previous months. The young computer scientist said that The Ethereum killer is Ethereum, the Ethereum of China is Ethereum, the Ethereum of Taiwan is Ethereum 2.0. Moreover, Buterin described the four areas, namely privacy, consensus safety, smart contract safety, and scalability, on the latest Ethereum platform that needs to be developed . The Ethereum co-founder came up with a solution that is actively developing for each of the first three. Regarding privacy, Vitalik sees the continued implementation of the Byzantium hard fork as a viable solution as it was able to produce the ability for zk-SNARKs. For consensus safety, Casper is the latest development to provide solutions while Viper and formal verification for smart contract safety. The problem of scaling , on the other hand, is notable. Vitalik enumerated decentralization, scalability, and security as a complex trifecta that can bring pressing challenges in the future. It is easy to acquire any two of the three, however, obtaining all three is challenging. Buttering elaborated that the scalability on the Ethereum without supernodes and on-chain only requires thousands of transactions per second. That is to say that it must deal with all three of the problems. Vitalik shared Continue reading >>

Ethereum Project

Ethereum Project

You are responsible for your own computer security. If your machine is compromised you will lose your ether, access to any contracts and possibly more. You are responsible for your own actions. If you mess something up or break any laws while using this software, it's your fault, and your fault only. You are responsible for your own karma. Don't be a jerk and respect the rights of others. What goes around comes around. The user expressly knows and agrees that the user is using the Ethereum platform at the users sole risk. The user acknowledges that the user has an adequate understanding of the risks, usage and intricacies of cryptographic tokens and blockchain-based open source software, eth platform and ethereum The user acknowledges and agrees that, to the fullest extent permitted by any applicable law, the disclaimers of liability contained herein apply to any and all damages or injury whatsoever caused by or related to risks of, use of, or inability to use, ethereum or the Ethereum platform under any cause or action whatsoever of any kind in any jurisdiction, including, without limitation, actions for breach of warranty, breach of contract or tort (including negligence) and that neither Stiftung Ethereum (i.e. Ethereum Foundation) nor Ethereum team shall be liable for any indirect, incidental, special, exemplary or consequential damages, including for loss of profits, goodwill or data that occurs as a result. Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of liability for certain types of damages. Therefore, some of the above limitations in this section may not apply to a user. In particular, nothing in these terms shall affect the statutory rights of any user or exclude injury arising from any willful misconduct Continue reading >>

Raiden Network Releases Raiden: Gateway For Ethereum 2.0 : Cryptocurrency

Raiden Network Releases Raiden: Gateway For Ethereum 2.0 : Cryptocurrency

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Vitalik Buterin Reveals His Plans For Ethereum 2.0 - Cointelligence

Vitalik Buterin Reveals His Plans For Ethereum 2.0 - Cointelligence

Home News Roadmap for Ethereum 2.0 unveiled by Vitalik Buterin Roadmap for Ethereum 2.0 unveiled by Vitalik Buterin Buterin highlighted four of the major problems currentlyfaced by the network: privacy, smart contract safety, consensus safety, and scalability. Developers claim that Ethereum 2.0 will resolve these issues. Published onDec 01, 2017 20:25 By Danish Yasin Plans for Ethereums next-generation version, Ethereum 2.0, were revealed during the recent Beyond Block 2017 conference in Taiwan. Ethereum founder, Vitalik Buterin, acknowledged existing issues within the second largest cryptocurrency blockchain and presented some solutions for the future. Held on November 25th, the conferences main attraction was Vitalik Buterins statement regarding Ethereums plan to upgrade its blockchain. Buterin highlighted four of the major problems currently faced by the network: privacy, smart contract safety, consensus safety, and scalability. Developers claim that Ethereum 2.0 will resolve these issues. Scalability, being the main focus of Buterins talk, is the biggest issue among the four. To resolve this, a new architecture called sharding will be introduced. Buterin proposed sharding as a way to enable multiple transactions to take place in parallel within the blockchain in different "universes". In this case, safety will not be compromised, as all of these transactions will take place on the same chain. He further explained that these universes are not individual blockchains but rather interconnected systems. Most importantly, they share consensus. Buterin sees sharding as a way to overcome the difficulty of combining the three components of decentralization, scalability, and security. The topic has been touched on by developers in the past, but new details were provided duri Continue reading >>

Roadmap To Ethereum 2.0 As Explained By Co-founder Vitalik Buterin

Roadmap To Ethereum 2.0 As Explained By Co-founder Vitalik Buterin

Roadmap to Ethereum 2.0 as Explained by Co-founder Vitalik Buterin During a recently held Beyond Block Taipei 2017 conference in Taiwan, Ethereum co-founder Vitalik Buterin has laid the future plan and the roadmap to upcoming and necessary changes in the Ethereum blockchain in order to deal with some of the existing challenges as well as shaping the future path. The plan aims at achieving VISA-level scalability in almost next 3-5 years and further provides some extensive information. Vitalik Buterin started the conference with a sarcastic comment posting towards the Ethereal replacements that have currently arrived in the market. Buterin said: The Ethereum killer is Ethereum, the Ethereum of China is Ethereum, the Ethereum of Taiwan is Ethereum 2.0. Vitalik was quick enough to point out the four major problems as faced today by Ethereum that includes scalability, consensus safety, privacy and smart contract safety. For the last three points, Buterin and his team are already ready with a set of solutions. In order to work over the privacy concerns relating to transactions, the developer team at Ethereum integrated the zk-SNARKs technology into the Byzantium hard fork. Vital calls this as the most viable solution for continuous implementation. Similarly, the smart contract safety can be provided through the Viper technology and by using a formal verification procedure. To solve issues with consensus safety, a Casper project is currently being developed which aims to replace the existing proof-of-work mechanism with proof-of-stake. Vitalik pointed that this is one of the most essential prerequisites for all the future developments of Ethereum. But still, one of the major underlying issues is the scalability of Ethereum network. Vitalik said that the major challenge here i Continue reading >>

Buterin Lays Out Ethereum's Next 3-5 Years, Explains Sharding

Buterin Lays Out Ethereum's Next 3-5 Years, Explains Sharding

Buterin Lays Out Ethereum's Next 3-5 Years, Explains Sharding Vitalik Buterin, the founder of the Ethereum blockchain, recently discussed the platforms three-to-five-year plan, highlighting the strategy of increasing privacy and boosting scalability through sharding. On November 25, Ethereum founder Vitalik Buterin addressed a crowd at the conference Beyond Block Taipei, where he discussed many of the blockchain platform's goals for the next three to five years and described some of the ways that he and his colleagues intend to achieve them. He began his talk, entitled "Ethereum 2.0," by noting that the term does not refer to a specific set of updates, but rather to ongoing efforts to improve the platform's performance in areas including privacy and scalability. "Blockchains are public ledgers," he explained, a format which is advantageous in the sense that, "you have lots of nodes verifying data, but on the other hand, blockchains have lots of nodes seeing data." Developers have identified many avenues through which to resolve this paradox and ensure privacy, including "mixers," " state channels," and "some kind of higher-tech cryptographic alternatives." The recent Byzantium hard fork, he reported, enhanced Ethereum's ability to support cryptographic algorithms like "zero-knowledge proofs [and] ring signatures that don't fully solve the privacy problem on their own, but give us some very powerful tools on top of which we can start building the solutions." According to Buterin, the privacy issue is "3/4 of the way to being solved" on the base layer, while more work remains to be done on second layer blockchains. Another Ethereum shortcoming that the young founder acknowledged was proof-of-work mining's stunningly inefficient use of energy. PoW bitcoin mining currently Continue reading >>

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