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Year: 2019

cryptocurrency May 21, 2019

The Ethereum Foundation detailed Tuesday how an estimated $30 million will be spent by the organization on key projects within the ethereum ecosystem. Advertisements The group said that $19 million has been earmarked over the next 12 months to be put towards “building the ethereum of tomorrow.” Namely, this includes an ambitious scaling upgrade dubbed […]

cryptocurrency May 21, 2019

The ethereum movement, headed by flagship organizations like the Ethereum Foundation and the Brooklyn-based conglomerate ConsenSys, emerged from Blockchain Week 2019 with a common goal and a newfound sense of urgency. Advertisements In short, building ethereum 2.0 — the blockchain network’s ambitious reinvention plan — will require maturity. “The only people left are those that […]

cryptocurrency May 20, 2019

SprinkleXchange, a stock exchange built on ethereum, is reportedly listing its first company next month. Advertisements Sprinkle Group CEO Alexander Wallin told Bloomberg in an interview published Friday, “We have the luxury of being first with this, but we’re aware that it will become a crowded market.” The Bahrain-based platform, operating within a regulatory sandbox created […]

cryptocurrency May 17, 2019

Ethereum clients that still haven’t patched known vulnerabilities pose a security risk to the entire network, according to new research. Advertisements A report from Security Research Labs that used ethernodes.org data, indicates that a large number of nodes using the most popular clients Parity and Geth have been left exposed for “extended periods of time” […]

cryptocurrency May 16, 2019

Meme Factory, a blockchain-based marketplace for digital collectibles, goes live today. Advertisements Meme Factory is built on ethereum and allows users to create, issue and trade “provably rare” digital collectibles, according to an announcement. The platform was created by blockchain startup District0x Network, which raised $9 million via an initial coin offering in August 2017. The funding […]

cryptocurrency May 16, 2019

A third of all ether, ethereum’s native cryptocurrency, is owned by just 376 whales as of May 1, new research indicates. Advertisements Blockchain analysis startup Chainalysis published a study on Wednesday, indicating that, while these 376 individuals control 33 percent of the circulating supply in 2019, that number is actually down from levels seen in 2016 […]

cryptocurrency May 15, 2019

One of the world’s largest electrical companies is teaming up with ethereum app iExec on a new test. Advertisements EDF, the fifth largest electrical utility company with a $33 billion market cap, has launched its visual simulator software GPUSPH on iExec, a decentralized application that operates on ethereum mainnet. With this, EDF can test how […]

cryptocurrency May 15, 2019

Public blockchain platform provider ThunderCore has just released proof-of-concept code for a new consensus protocol, dubbed Pala, on GitHub. Advertisements According to Elaine Shi, chief scientist for ThunderCore, the work represents “a dream consensus protocol.” As stated on the newly released GitHub page: “Pala is a byzantine fault tolerant consensus protocol…It can achieve low latency […]