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Month: January 2019

cryptocurrency January 11, 2019

“Cautious optimism.” Advertisements That’s how Hudson Jameson, developer relations for the Ethereum Foundation, described the mood in the run-up to ethereum’s fifth planned system-wide upgrade, Constantinople. Expected to activate next Wednesday, Jan. 16 at about 12:00 UTC, Constantinople is a type of upgrade known as a hard fork – which means it needs to be […]

cryptocurrency January 9, 2019

“Just rely on the fact that it’s all funded by Papa Joe.” Advertisements That’s how one former employee, who asked to stay anonymous, citing fear of legal repercussions, described the sentiment that prevailed until recently at ConsenSys, the ethereum-centric venture studio headed by ethereum co-founder Joseph Lubin. In other words, the entrepreneurs building blockchain apps […]

cryptocurrency January 9, 2019

David Lu is a partner at 256 Ventures where he focuses on partnering with early stage blockchain companies and a venture partner at Virgil Capital, a quantitative cryptocurrency hedge fund. Find David on Twitter. Advertisements The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. Ethereum and EOS, the two major platforms on which decentralized applications (dapps) […]

cryptocurrency January 8, 2019

Shenzhen-based miner manufacturer Linzhi has published a statement in response to a “tentative” decision, made by ethereum developers Friday, to block specialized hardware, or ASICs, from securing the platform in exchange for rewards. Advertisements This would involve the implementation of “ProgPoW” in an upcoming upgrade, a code change that is optimized for graphic card, or GPU, […]

cryptocurrency January 6, 2019

Ajit Tripathi is a partner at ConsenSys, where he specializes in global financial services business development and corporate venture strategy. Advertisements The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  One year ago, I wrote an article for CoinDesk in which I humbly argued that the price of ether didn’t matter and what […]

cryptocurrency January 4, 2019

Members of ethereum’s open-source development community tentatively agreed Friday to implement a new algorithm that would block specialized mining hardware, or ASICs, pending further testing on the proposed code. Advertisements If accepted by the network of users that run the ethereum software, the code change, dubbed “ProgPoW,” would block ASICs, such as those made by […]

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