CryptoCoinsInfoClub.com

Ethereum Development News

Elon Musk Asks About Ethereum Development Possibilities

Elon Musk Asks About Ethereum Development Possibilities

Elon Musk Asks About Ethereum Development Possibilities William M. Peaster on May 1, 2019 / 0 Comments Twitter Facebook WhatsApp Google+ Buffer LinkedIn With major companies like JP Morgan and EY embracing building via the Ethereum network, could electric car manufacturer Tesla be next? Not quite, at least not yet but Tesla co-founder Elon Musk has now teased potential interest in Ethereum, sending the cryptoeconomy into an acute buzz accordingly. On April 29th, Musk, who also founded space transportation company SpaceX and who playfully refers to himself as Meme Necromancer on his Twitter bio, simply tweeted out the word Ethereum. It wasnt his first crypto tease. Last fall, Musk randomly tweeted out Wanna buy some bitcoin? a move that temporarily shuttered his account as Twitters security mechanisms flagged it as being compromised. On this years April Fools Day, the Tesla and SpaceX CEO said Dogecoin rulz and temporarily joked that he was the Dogecoin CEO. Thus Musks latest crypto shoutout was toward Ethereum , which initially sent Ethereum proponents and other sympathetic factions in the cryptoverse into an optimistic frenzy. The episode was tempered when, true to his ambiguous and trollish Twitter habits, Musk tweeted out jk a few minutes later. Ethereum skeptics pounced on the follow-up tweet just as quickly, arguing that the eccentric CEO was just trolling the smart contract platforms community. Some pundits in the cryptocurrency ecosystem wondered if Musks lawyers had effectively told him to walk back the initial Ethereum comment out of an abundance of legal caution, i.e. so it couldnt be construed that Musk was plainly attempting to pump the price of ether (ETH) , the gas and native crypto. Yet that jk reply wasnt the end of the curious episode, either. Ethereum Continue reading >>

Ethereum Price Prediction 2019 Eth Price May Touch $1450 In 2019

Ethereum Price Prediction 2019 Eth Price May Touch $1450 In 2019

Ethereum Price Prediction 2019 ETH Price May Touch $1450 In 2019 Ethereum is performing better than Bitcoin as stated by ConsenSys, Enterprise Ethereum Alliance, smart contracts and ICOs. According to OnChainFX, Ethereum prices have increased by 10,298% since last year this time. Ethereum rose by 66% over a week's time and hence proved to be one of the best performing cryptocurrencies this month. Ethereum has surged up by around 12% in the last 7 days, which is a huge percentage in growth as the hard fork is nearing. Even Ethereum has come up with the fastest and ad-free blockchain explorer, EnjinX, which would definitely make ETH more accessible to the mainstream market. Read more: Ethereum Hard Fork'19- Know Everything About 3 Upcoming ETH Hard Forks 2019 looks bright for Ethereum as HTC Blockchain Phone Exodus 1(which is only accepting Bitcoin and Ethereum)has already been launched in advance on December 12, 2018, and is ready for purchase. Even Ethereum is expected to experience their Constantinople hard fork in January 2019, wherein the block times would start to increase, and by May 2019 the difficulty bomb is expected to reach 30-second block times. Joseph Lubin, the co-creator of Ethereum and the founder of ConsenSys tweeted that price going low is not a big deal, look at the Ethereum adoption rate, it is not going down at all. Ethereum 2.0, that incorporates the Casper upgrade (Ethereums upcoming proof-of-stake (PoS) algorithm) and the addition of sharding, might be implemented from 2019 onwards, says Ethereums leaders. Vitalik Buterin spoke about the future of Ethereum scaling at its TechCrunch Sessions Blockchain event in Switzerlands crypto valley saying that the demand for using public blockchains is high and we need to up the stability in order to meet th Continue reading >>

Ethereums Istanbul Upgrade: Is Eth Price On The Cusp Of A Change In Direction?

Ethereums Istanbul Upgrade: Is Eth Price On The Cusp Of A Change In Direction?

Ethereums Istanbul upgrade: is ETH price on the cusp of a change in direction? Ethereums core developers are meeting in Berlin over the next two days to discuss the next step in the platforms evolution: this falls expected Istanbul hardfork. At the same time, there is cautious optimism among Ethereum bulls that ETH is again testing key resistance levels after a week where it dropped dramatically almost immediately after hitting a 5-month high against the US Dollar. On April 11, Ethereum hit $182.49 its highest level since November 2018. The intervening period has been volatile, though since early February the trajectory has been overall positive, hitting higher highs and stabilizing at higher lows. But at the same time, Ethereum hasnt kept pace with Bitcoin. The peak BTC value of ETH for 2019 so far was 0.04 BTC in early January, and the trend has been downward since then. A day before hitting its 7-month US Dollar high, ETH was at 0.03458 BTC. And as ETH fell over the days that followed its latest US Dollar high, it broke below 0.032 BTC, while also dipping briefly beneath $160. But with ETHs dollar price now again breaking above $170 and seeing a similar sharp increase against BTC, there are some who believe a true breakout could be imminent. Both bears and bulls have a lot to work with when predicting Ethereums trajectory over the coming months. So will Ethereum continue to slide against Bitcoin or we on the cusp of a change in direction? Heres some of the main reasoning behind both viewpoints. Ethereums most ardent supporters typically point to its decentralization and mass of developers as reasons it will long remain the #2 cryptocurrency and perhaps even eventually assume Bitcoins throne. The consensus is that Ethereum has more active developers than any other cr Continue reading >>

Ethereum Development Keeps Pace With Crypto Boom: Proof Of Stake Is On Its Way

Ethereum Development Keeps Pace With Crypto Boom: Proof Of Stake Is On Its Way

Ethereum Development Keeps Pace With Crypto Boom: Proof of Stake Is On Its Way Next Article: Will Litecoin (LTC) Rally to $1,000 After August 2019 Halving? As the price of Bitcoin (BTC) and other crypto assets have boomed, so have the underlying fundamentals of this embryonic space. Reports have revealed that Ethereum (ETH) may soon transition to the early stages of Proof of Stake (PoS) integration, ensuring scalability is on its way. Ethereum Phase Zero Could Be Finalized In June In March, Vitalik Buterin, the Russian-Canadian founder of Ethereum, took to the stage of Token2049 , a blockchain event in Hong Kong, to talk all things about his brainchild. He first explained that Serenity could simply be explained as a way to bring technical improvements, like PoS and sharding, together to improve the Virtual Machine, Merkle Trees, the efficiency of the protocol, and a whole bunch of small technical things that you have never heard of. Per the industry insider, this is all being done in a bid to create a next-generation blockchain to be hundreds of times faster and scalable than Ethereums current iteration. As it stands, Ethereum has yet to even enter phase zero (theres a total of three phases zero, one, and two) of the Serenity integration, but Buterin explains that this is coming. He remarks that phase zero is near-finalization spec-wise, touching on an effectively complete section of a whitepaper that outlines 2.0. Buterin explains that phase zero-related testnets, which are centered primarily around staking, could get launched by what he calls implementers, like Parity and others, in the near future. And according to a recent Ethereum Core Developers call , this would seem to be the case. As first reported by CoinDesk, Justin Drake of the Ethereum Foundation remarked Continue reading >>

What Is Erc-20 And What Does It Mean For Ethereum?

What Is Erc-20 And What Does It Mean For Ethereum?

What is ERC-20 and What Does it Mean for Ethereum? By Nathan Reiff | June 20, 2017 9:36 AM EDT Hydropower: The Key to Bitcoin Mining in the Future? Ethereum , the popular cryptocurrency and blockchain system, is based on the use of tokens which can be bought, sold, or traded. There are several different tokens which may be used in conjunction with Ethereum, and these differ from ether , which is the currency native to the Ethereum blockchain. Tokens, in this case, represent digital assets that can have a variety of values attached. They can represent assets as diverse as vouchers, IOUs, or even objects in the real world. In this way, tokens are essentially smart contracts that make use of the Ethereum blockchain. One of the most significant token standards of all for Ethereum is called ERC-20, which was developed about a year and a half ago. In short, the ERC-20 defines a common list of rules for all Ethereum tokens to follow, meaning that this particular token empowers developers of all types to accurately predict how new tokens will function within the larger Ethereum system. The impact that ERC-20 therefore has on developers is massive, as projects do not need to be redone each time a new token is released. Rather, they are designed to be compatible with new tokens, provided those tokens adhere to the rules. Developers of new tokens have by-and-large observed the ERC-20 rules , meaning that most of the tokens released through Ethereum initial coin offerings are ERC-20 compliant. ERC-20 defines six different functions for the benefit of other tokens within the Ethereum system. These are generally basic functionality issues, including how tokens are transferred and how users can access data about a token. ERC-20 also prescribes two different signals that each token ta Continue reading >>

Microsoft Will Pay You To Develop Ethereum?

Microsoft Will Pay You To Develop Ethereum?

If youre a veteran cryptonaut, theres a fair chance youre cursing yourself for not picking up more eighty-dollar ETHand crossing your fingers for another dip. Luckily, there are other ways to earn cryptocurrency, and you dont even need to learn technical analysis. As a case in point, Microsoft is offering thousands of dollars, through the decentralized platform Gitcoin, to anyone who can help build and develop the Ethereum ecosystem. The world-leading software giant is joined by over a dozen other companies and teams offering bounties totaling $67,000, paid out in Dai stablecoins. The rewards are being offered as part of the Ethereal Virtual Hackathon , a two-week contest thats part of the run-up to next months Ethereal Summit in New York. Three winners will be chosen to present their projects to the Ethereum community, either in-person or online. In fact, part of the point of the contest is to demonstrate how online communities can form through offline events. The hackathon isnt just for developers, though: one of the leading sponsors is ConsenSys Labs, the venture arm of Ethereums leading software foundry, which has offered high bounties to projects that can imagine reinventing the financial system. [ConsenSys Labs] has put up a few bounties in the vein of rethinking the lending market, and thinking about a peer-to-peer lending and a decentralized credit score system, explains Gitcoins Operations Lead Vivek Singh. Instead of relying on centralized credit agencies, such a systemif successfulcould allow borrowers to leverage their social connections into a sort of decentralized credit score. At present, Microsoft is leading the field with twenty project bounties, ranging from smart contracts for shipping containers (2500 Dai) to weather insurance (2000 Dai). And theyre Continue reading >>

Microsoft Pays For Developing On Ethereum, Also Gets Into $1 Trillion Club

Microsoft Pays For Developing On Ethereum, Also Gets Into $1 Trillion Club

Ethereum (ETH) the worlds leading blockchain protocol for the issuance of smart contracts and development of decentralized applications ( dapps) is being funded by Microsoft, the world-leading software giant thats just hit a $1 trillion market cap. help build and develop the Ethereum ecosystem, Microsoft is offering thousands of dollars to anyone who can contribute to the project during the Ethereal Virtual Hackathon, a 2-week contest running from April 15 to April 30. Image Source: Bounties Totaling $67,000 in Dai Stablecoins Microsoft is joined by over a dozen other companies and teams, offering bounties totaling $67,000 in Dai stablecoins to contest winners who successfully build and develop the Ethereum ecosystem. The contests are carried out through the decentralized platform Gitcoin, which is a decentralized funding platform for open-source projects. In addition to Microsoft being a leading sponsor, ConsenSys Labs, the venture arm of the Ethereum blockchain, is also sponsoring the event, offering high bounties to projects trying to reinvent the financial system. On this note, ConsenSys operations lead Vivek Singh [ConsenSys Labs] has put up a few bounties in the vein of rethinking the lending market, and thinking about a peer-to-peer lending and a decentralized credit score system. As for Microsofts bounties, they are leading the stage with 20 project bounties ranging from the development of supply chain-related smart contracts for shipping containers, to smart contracts for weather insurance. Moreover, JPMorgan has even joined the fun with their enterprise-oriented and permissioned Quorum blockchain. Apart from benefiting the Ethereum ecosystem, the Ethereal Virtual Hackathon event is also shining the spotlight on Gitcoin, the decentralized platform that incenti 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 >>

Ethereum (eth) Foundation Publishes Blueprint For 2019 Development

Ethereum (eth) Foundation Publishes Blueprint For 2019 Development

Ethereum (ETH) Foundation Publishes Blueprint for 2019 Development The Ethereum Foundation has published its official Spring 2019 update, shedding details on the planned development for the next coming year. In particular, the report focuses on how the second largest cryptocurrency by market capitalization plans on allocating the $30 million designated for use by the Foundation in further developing the currency. The foundation reports tremendous progress being made for the currency over the last twelve months, and congratulates the collective efforts of developers, entrepreneurs and users of ETH. Despite growing competition with TRON (TRX) and EOS, the Foundation also claims Ethereum to be the de-facto platform for decentralized applications,although research has revealed that ETHs stranglehold on the DApp marketplace is slipping. Interestingly, the Foundation reports having a shift in attitude towards its mission statement, owing to a refinement in focus. Compared to previous years, the line Doing what is best for Ethereum no longer means trying to do everything for the currency. Instead, the Foundation claims to be keyed in on affecting change where it can add the most value, while leaving the remainder for developers and innovators more attuned to tackle the problems they are effective in solving. The Ethereum Foundation claims its updated role is now a resource allocator, a voice in the ecosystem, and an advocate for Ethereum to the world. According to the latest report, the Ethereum Foundation is in control of 0.6% of all ETH, in addition to holding cash reserves. However, the group claims that their resources will decline over time, with the largest valuation being invested into critical work across the ETH ecosystem. The Foundation also relays to investors that Continue reading >>

Microsoft Releases Ethereum App Development Kit For Azure Cloud

Microsoft Releases Ethereum App Development Kit For Azure Cloud

Microsoft Releases Ethereum App Development Kit for Azure Cloud Tech giant Microsoft has released a suite of tools allowing clients to build ethereum-based apps on its cloud computing platform Azure. The new Azure Blockchain Development Kit for Ethereum will help developers create and deploy ethereum-based apps on Azure Blockchain Service or the ethereum blockchain, Chris Pietschmann, Microsoft MVP (most valuable professional) and founder of BuildAzure.com announced in a blog post on Monday. The ethereum development kit comes as an extension to Microsofts source-code editor Visual Studio Code, allowing developers to create and deploy ethereum smart contracts and utilize open-source blockchain tools such as Solidity and Truffle. On its GitHub page about the kit, Microsoft explains: Azure Blockchain service is a managed Ethereum service that you can deploy and interact with Solidity contracts as well as integrate into other Azure based services such as Azure Flow, Logic Apps or storage services like SQL Server or Cosmos DB. The extension is supported on both Windows 10 and macOS, Pietschmann said, adding that it can also run within a Virtual Machine in Azure. Sure, there have been Solidity and other Blockchain technology extensions for Visual Studio Code published by others in the community, however now there is also an official set of tools published by Microsoft. Last month, Microsoft launched a token-building kit in association with the Enterprise Ethereum Alliance, aimed to help businesses design and create the suitable cryptocurrency tokens for their particular needs. Its also rolled out proof-of-authority ethereum consensus on Azure, which replaces the proof-of-work mining process that is commonly used by public blockchains. Further, the company said last week that Continue reading >>

What Is Ethereum? A Step-by-step Beginners Guide

What Is Ethereum? A Step-by-step Beginners Guide

If you want to know what is Ethereum and how it works and what it can be used for, without going deep into the technical abyss, this guide is perfect for you. Important Note: This guide assumes a basic understanding of blockchain technology. If youre unfamiliar with blockchain, check out this step by step introduction for beginners . Beyond Bitcoin & first generation decentralized applications Although commonly associated with Bitcoin , blockchain technology has many other applications that go way beyond digital currencies. In fact, Bitcoin is only one of several hundred applications that use blockchain technology today. [Blockchain] is to Bitcoin, what the internet is to email. A big electronic system, on top of which you can build applications. Currency is just one. Sally Davies, FT Technology Reporter Until relatively recently, building blockchain applications has required a complex background in coding, cryptography, mathematics as well as significant resources. But times have changed. Previously unimagined applications, from electronic voting & digitally recorded property assets to regulatory compliance & trading are now actively being developed and deployed faster than ever before. By providing developers with the tools to build decentralized applications, Ethereum is making all of this possible. At its simplest, Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications. Is Ethereum similar to Bitcoin? Well, sort of, but not really. Like Bitcoin , Ethereum is a distributed public blockchain network. Although there are some significant technical differences between the two, the most important distinction to note is that Bitcoin and Ethereum differ substantially in purpose and capabil Continue reading >>

Core Developer Says Ethereum Governance Has Failed

Core Developer Says Ethereum Governance Has Failed

Ethereum (ETH) the second largest cryptocurrency by market capitalization has been faulted for having only a few core developers determining what happens on the network. A core dev Lane Rettig said the small group has the final say on what goes into the protocol, a situation that has led to several concerns because emerging issues with the network are non-technical. This makes the technocrats unable to solve the problems currently faced by the network. In a post on Twitter , Rettig said: the challenges we face today are increasingly non-technical. Core devs dont want to make these decisions because they feel unqualified, fear legal liability, are conflict avoidant, and prefer just to write code. He added that Ethereum has only a few options to choose from, one of which is to give up on governance completely and be like Bitcoin. Another viable option proposed by him is to allow Ether holders to participate in decision making concerning the network in a plutocracy instead of a technocracy. We are a de facto technocracy, where a small group of technocrats, the core devs, have final say over what goes into the protocol. Rettig suggests that Ethereum should stop running a decentralized network and go for a centralized, more transparent and accountable governance system as well as embrace capture by the elite for now because the Ethereum network may be running and blocks still being produced but the project is stuck. Ethereum is the number two cryptocurrency and one of the leading blockchain cryptocurrency projects. It is the leading project when it comes to smart contract deployment as well as dapps development. Tron that claims to be the highest in the deployment of dapps ad smart contracts started from the Ethereum blockchain. There have been several allegations concernin Continue reading >>

Elon Musk Asks For Ethereum Development Ideas In Apparent Plug While Price Stalls

Elon Musk Asks For Ethereum Development Ideas In Apparent Plug While Price Stalls

Elon Musk Asks For Ethereum Development Ideas In Apparent Plug While Price Stalls Tesla founder and self-confessed cryptocurrency lover Elon Musk surprised the industry once again this week, tweeting content about altcoin Ethereum (ETH). In several tweets on April 29, Musk, who has become something of a mythical figure in cryptocurrency, set social media commentators guessing with just two words: Ethereum and jk. The tweets, which remain without an official explanation, come just weeks after Musk similarly appeared to plug meme-based altcoin Dogecoin (DOGE). While those tweets contained more obvious compliments, their appearance one day after April Fools Day suggested the author was, in fact, less sincere in his adoration of the coin. Nonetheless, as Bitcoinist noted , DOGE surged on publication of the tweets, something which the ETH episode appeared to fail at doing. As of press time Tuesday, ETH/USD had traded flat over the past 24 hours, remaining at $157 while Bitcoin (BTC) fell 1.2 percent to $5240. Musks profile within crypto jumped earlier this year when he faced calls to join the now-completed charity transaction relay to raise funds for Venezuela. Known as Lightning Torch, the relay, which used Bitcoins Lightning Network to travel between holders, saw participation from well-known names including Twitters own CEO Jack Dorsey. At the time, Musk refrained from publicly acknowledging the Torchs presence or giving reasons for that lack of attention. Previous more sincere promotion of Bitcoin had nonetheless made him an obvious choice, the tech mogul having described the largest cryptocurrency as quite brilliant. One theory for Musks Ethereum stunt revolves around previous criticism of Twitters scambots which constantly offered fake ETH giveaways last year in a not Continue reading >>

Samsung Developing Its Own Blockchain On The Ethereum Platform

Samsung Developing Its Own Blockchain On The Ethereum Platform

Samsung plans on developing its own hybrid blockchain platform based around the ethereum network Future developments could also create their very own cryptocurrency Samsung Coin Samsung SDS revealed the brand new NexLedger Universal Many conglomerates and industry giants are joining the extensive world of cryptocurrencies in order to explore the vast possibilities of this new and advanced technology. There have been several announcements this year from companies like IBM, but the show stealer was that of Samsung. The South Korean mega-industry giant has announced in a local newspaper that they are already working on their very own blockchain network. Recent reports sourced from a person who is familiar with Samsungs internal situation suggest the company is already developing a blockchain mainnet based on the Ethereum platform and a blockchain division is instated. It was also noted that the entire process is still in its early development stage. The source mentioned to the local agency that : Currently, we are thinking of a private blockchain, though it is not yet confirmed. It could also be public blockchain in the future, but I think it will be hybrid-that is, a combination of private and public blockchains. A few months ago, as reported by the Blockchain Reporter, Samsung launched its latest flagship smartphone, the Galaxy S10, which featured a cryptocurrency wallet specifically for Ethereum. Like many other cryptocurrency wallets, the support for Bitcoin and other major cryptocurrencies might be added later. This, in turn, shows the inclination of Samsung towards the Ethereum platform. The company even unveiled its very own cryptocurrency wallet which also supported Ethereum-based ERC20 tokens. The wallet comes pre-installed in the S10 although it isnt available i Continue reading >>

Ethereum Foundation Announces Details On $30 Million Network Development

Ethereum Foundation Announces Details On $30 Million Network Development

Ethereum Foundation Announces Details on $30 Million Network Development The Ethereum Foundation has announced a three-section approach to allocating the $30 million it earmarked for yearlong development costs. The Ethereum Foundation has announced where its $30 million in earmarked development funding will go over the course of the coming year The Ethereum Foundation has announced a three-pronged approach to allocating the $30 million it has designated for developing the Ethereum network over the next year, in an official blog post on May 21. The breakdown for the three categories is future projects at $19 million, current projects at $8 million, and developer supports at $3 million. Much of the funding will go to Ethereum 2.0 projects including client teams, research, documentation and communication, and layer two projects like Plasma. Plasma, which was first proposed by Vitalik Buterin and Joseph Poon in 2017, is scaling solution for the network employing autonomous smart contracts . Plasma will purportedly enable the blockchain to be able to represent a significant amount of decentralized financial applications worldwide, according to the white paper . The Ethereum Foundation first announced its $30 million budget at the ConsenSys Ethereal Summit on May 10. Executive director Aya Miyaguchi then said that the foundation intends to bring academic involvement to Ethereum, which would purportedly attract top-tier researchers and developers and grants to academic teams and organizations. As previously reported by Cointelegraph, the Ethereum Foundation announced the rerelease of its community website at the end of April, which purports to be a repository filled with community-created Ethereum content, such as documentation and tutorials for using Ethereum tools. Continue reading >>

More in ethereum