Ethereum

Nearly 1% of the Total Ethereum Supply is Locked in the MakerDAO Smart Contract

Advertisement Twitter Facebook LinkedIn MKR.tools creator Mike McDonald raised a celebratory alarm on Twitter yesterday morning. According to the Ethereum blockchain, about 1 million ether  – or almost 1 percent of the total Ethereum supply – is presently locked in MakerDAO smart contracts. There is now 1,000,000 ETH locked in @MakerDAO smart contracts as of […]

Ethereum

Ethereum is a Few Years from ‘Profound Decentralization’ — But That’s OK: Co-Founder Joseph Lubin

Advertisement Twitter Facebook LinkedIn Blockchain technology will power a monumental shift in society from a “scarcity to an abundance mindset.” These were the words of Ethereum co-founder Joseph Lubin speaking last week at the Web Summit in Lisbon, Portugal. Lubin’s Blockchain Impact Theory Delivering his keynote address at the event, Lubin, who is also the […]

Ethereum

A 7-Year Legal Fight Led This Dev to Build Unstoppable Ethereum Storage

“If you build it strong enough, the law will follow.” That’s how Daniel Nagy, the leading developer behind Swarm – ethereum’s decentralized storage-layer – described his “takeaway lesson” after a seven-year legal battle over the hosting a file-sharing node. A precursor to peer-to-peer file sharing service, Bittorrent, Nagy was running a DC node, a technology that […]

Ethereum

Expect the SEC to Target More Token Exchanges After EtherDelta

The Securities and Exchange Commission’s (SEC) settlement with the founder of EtherDelta is likely the first of many enforcement actions to come against crypto token exchanges. Until recently, the SEC’s scrutiny of the cryptocurrency industry largely focused on projects and teams that raised money through initial coin offerings (ICOs) in possible violation of securities laws. But a […]

Ethereum

Star Trek Star William Shatner Defends Ethereum From Inaccurate Claims

Advertisement Twitter Facebook LinkedIn William Shatner, a renowned Canadian actor, author, producer, director and singer famous for his role in the mega-popular media franchise Star Trek, recently defended Ethereum and its technology. On November 7, Shatner tagged Vitalik Buterin, a co-creator of Ethereum, in a Tweet, publicly portraying his interest in cryptocurrencies and the blockchain. […]

Ethereum

Will EtherDelta Charges Lead to the Demise of Decentralized Crypto Exchanges?

Advertisement Twitter Facebook LinkedIn The US Securities and Exchange Commission (SEC) has charged Zachary Coburn, a co-founder of decentralized crypto exchange EtherDelta, for operating an unregistered national securities exchange. SEC Charges EtherDelta Founder With Operating an Unregistered Exchange https://t.co/KYRBmn2UHw — SEC_News (@SEC_News) November 8, 2018 In its official statement, the SEC also emphasized that EtherDelta […]

Ethereum

As Plasma Stalls, SNARKs Become New Hope for Scaling Ethereum

Efforts to scale ethereum, the world’s second-largest blockchain, are growing more varied as one much-anticipated solution encounters pitfalls amid its continued development. At the forefront of this transition has been plasma, a concept widely heralded as ethereum’s best bet for short-term scaling. Already, researchers behind the tech have built five distinct versions of the protocol – […]

Ethereum

The Little-Known Ways Ethereum Reveals User Location Data

“People don’t realize how much information is out in the open.” That’s Péter Szilágyi, an ethereum core developer who manages development on the ethereum software client Geth. He’s referring to the fact that little attention has been paid to ethereum’s underlying network layer, where information is exposed in complex, unpredictable ways. Indeed, there’s an awareness of the […]

Ethereum

Ethereum Has Major Potential: Billionaire Ex-Google CEO Eric Schmidt

Advertisement Twitter Facebook LinkedIn Billionaire Eric Schmidt, the former chairman of Google, is a budding bitcoin and blockchain enthusiast who said ethereum could be a “powerful platform” whose untapped potential is off-the-charts. Schmidt made the remarks during a live event with economist Tyler Cowen hosted by Village Global in San Francisco. In the wide-ranging conversation, Schmidt […]