Ethereum’s long-anticipated Constantinople upgrade has just been delayed after a critical vulnerability was discovered in one of the planned changes. Smart contract audit firm ChainSecurity flagged Tuesday that Ethereum Improvement Proposal (EIP) 1283, if implemented, could provide attackers a loophole in the code to steal user funds. Speaking on a call, ethereum developers, as well […]
The world’s third largest blockchain by total value, ethereum, is about to upgrade its code. Named Constantinople, the system-wide upgrade, or hard fork, is set to enact several tech improvements, most designed to increase usability and improve smart contract design, should users of the network decide to upgrade to the new software when it’s introduced […]
Jutta Steiner is the founder and CEO of Parity Technologies, a blockchain infrastructure and innovation focused company building platforms and applications. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. The past year has seen an onslaught of doom-and-gloom narratives shower down on our fledgling movement, in stark contrast to the inflated hype […]
“Cautious optimism.” 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 unilaterally […]
“Just rely on the fact that it’s all funded by Papa Joe.” 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 and […]
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. 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) are […]
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. This would involve the implementation of “ProgPoW” in an upcoming upgrade, a code change that is optimized for graphic card, or GPU, hardware. […]
Ajit Tripathi is a partner at ConsenSys, where he specializes in global financial services business development and corporate venture strategy. 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 everyone […]
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. 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 major […]
––––––––––––––––––––––––––––––––– Dr. Glen Weyl speaks with the calm of a man who has history on the mind. With an unbroken gaze and an unambiguous delivery, the author, economist and Microsoft researcher calmly espouses a clear and revolutionary vision: that the world’s hierarchies can be challenged and reconceived with the power of markets. But if his […]
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