$19 Million: Ethereum Foundation to Fund Work on 2.0 Upgrade, Plasma and More

The Ethereum Foundation detailed Tuesday how an estimated $30 million will be spent by the organization on key projects within the ethereum ecosystem. 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 ethereum […]

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At Blockchain Week, Maturity Is the Motto as Ethereum Organizations Push Toward 2.0 Upgrade

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. In short, building ethereum 2.0 — the blockchain network’s ambitious reinvention plan — will require maturity. “The only people left are those that want […]

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Ethereum-Based Stock Exchange Plans First Company Listing in June

SprinkleXchange, a stock exchange built on ethereum, is reportedly listing its first company next month. 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 uses a decentralized clearing and settlement system […]

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‘Tackling Real World Issues’: Hackers at ETH New York Build Apps Geared Towards Social Change

If building decentralized financial applications was the motto topic of Ethereal, the ethereum hackathon ETH New York was all about discussing the social impact of such applications. Speaking to a group of high school students at ETH New York, Mariano Conti – head of smart contracts at the MakerDAO Foundation – asked foundational questions surrounding […]

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Bitcoin and Blockchain: The Tangled History of Two Tech Buzzwords

“I’m interested in blockchain, not bitcoin.” Admit it, you’ve heard this hundreds, if not thousands, of times. (You might have even said it yourself.) And sure, people know what you’re saying, you’re talking about the “technology underlying bitcoin” and you sound smart enough. Once it became known – or at least presumed – that you […]

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Unpatched Ethereum Clients Pose 51% Attack Risk, Says Report

Ethereum clients that still haven’t patched known vulnerabilities pose a security risk to the entire network, according to new research. 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” after […]

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Can Bitcoin Win the Digital Payments ‘Gauge War’?

Simon Johnson is a Ronald A. Kurtz Professor of Entrepreneurship, MIT Sloan School of Management. The following article originally appeared in Consensus Magazine, distributed exclusively to attendees of CoinDesk’s Consensus 2019 event. The promise and potential of bitcoin as a technology is frequently described in terms of a platform. On top of bitcoin’s permissionless blockchain, […]

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Blockstream Launches Security Token Platform on Bitcoin Sidechain

Bitcoin startup Blockstream is launching a platform that lets users launch their own tokens by utilizing its bitcoin sidechain, Liquid. Launched at CoinDesk’s Consensus conference 2019, the Liquid Securities platform is the first product Blockstream has launched on top of its Liquid Network sidechain, a network tied to the bitcoin blockchain with faster coin transfers […]

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Bitcoin in Space? It Helps With Connection Woes, Says Blockstream’s Adam Back

Adam Back, CEO of bitcoin technology startup Blockstream, dove into the lesser-known uses for beaming bitcoin from space during a presentation at Consensus 2019 on Tuesday. The startup launched its cryptocurrency-focused satellite product nearly two years ago with the primary goal of giving people who don’t have an internet connection another way to download a bitcoin […]

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RIF Launches ‘Layer 3’ Network to Scale Bitcoin-Based Smart Contracts, Tokens

RIF Labs, which developed the RSK Network for ethereum-like tokens and smart contracts on top of bitcoin’s blockchain, has launched a “third-layer solution” to help scale this technology. After more than a year in the works, the Lumino project is now officially live, RIF said Tuesday. The Gibraltar-based firm, parent of the startup RSK Labs, claims […]

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HTC Has Added In-Wallet Crypto Swaps to Its EXODUS Phone

HTC’s blockchain phone, the EXODUS 1, now allows users to directly swap between some cryptocurrencies within its native wallet, the Taiwanese electronics giant announced Tuesday. The new feature comes thanks to a new partnership that sees HTC add the liquidity protocol from decentralized exchange startup Kyber Network to its Zion Vault wallet app. The addition means users can swap […]

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Proposal’s Merger Paves Way for New Bitcoin Lightning Features

A new routing proposal is expected to be merged today into the official “specifications” of lightning, the technology many advocates trumpet as the fix to bitcoin’s long-standing payment problems. Christian Decker, one of the most prolific lightning developers who engineers for the tech startup Blockstream, pointed out that the proposal, which he wrote, is moving on […]

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Tor Makes Launching Bitcoin Lightning Nodes Easier for Users, Casa Finds

The privacy-minded network Tor helps users to leapfrog one of the trickier aspects of setting up a bitcoin and lightning node, according to bitcoin startup Casa. Casa CTO Jameson Lopp addressed this point during a talk at CoinDesk’s Consensus 2019 conference, where he discussed what Casa has learned about its product – a plug-and-play bitcoin […]

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Enterprise Ethereum Alliance Publishes Latest Client Specs in Blockchain Standards Push

Enterprise Ethereum Alliance (EEA), the standards body seeking a common approach for businesses using ethereum’s code, has released a third version of its client specification, as well as updates on privacy and performance. Announced Monday at CoinDesk’s Consensus 2019 conference, EEA released its Enterprise Ethereum Client Specification V3, which simplifies permissioning systems, inherent to enterprise […]

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