Ethereum's Constantinople upgrade faces delay due to security vulnerability
January 15, 2019 11:47 PM
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Andrew Keys on a podcast
January 15, 2019 11:39 PM Enigma?s podcast ?Decentralize This!? features guests from all over the decentralization space: developers, investors, entrepreneurs, researchers, writers, artists, people in government and enterprise???all individuals who care deeply about building a more decentralized and sustainable world. How can all these people with different perspectives collaborate to create and scale the technologies we need to shape a better future? Hello to the community! The sixteenth episode of Decentralize This!, Enigma?s new podcast hosted by Tor Bair, has just been released. Today we are excited to feature Andrew Keys.
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Ethereum's hard fork Constantinople: all you need to know
January 15, 2019 9:36 PM As if cryptocurrencies weren?t complicated enough for new investors, now Ethereum has a hard fork coming up on January 16. A fork is essentially an update or change to a cryptocurrency blockchain protocol. There are two main types: a soft fork and a hard fork. Soft forks are backward-compatible, meaning that nodes on a network can still recognize newly coded blocks implemented by the soft fork. A hard fork, on the other hand, isn?t backward-compatible. Newly created blocks cannot be recognized by the network?s nodes, which means that at times a new network needs to be created to cater to new blocks using an updated protocol. A prime example of a hard fork is the creation of Bitcoin Cash in the wake of the bitcoin hard fork in 2017.
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Ethereum Constantinople Hard Fork Countdown Begins: Less Than 24 Hours Left - KOINPOST
January 15, 2019 9:07 PM Blockchain & Cryptocurrency News The third largest cryptocurrency by market capitalization and the leading smart contract platform, Ethereum is approaching the Constantinople hard fork. The hard fork is planned to take place around January 16, 2019, at block #7080000. This is notably the most awaited fork by the crypto community. The reason behind that is that this fork would kickstart other main upgrades in the pipeline such as Sharding and Casper. It is to be noted that the hard fork was originally scheduled to take place in 2018 end but was called off by the Ethereum development team. The reason behind calling off the fork was the issues encountered during the Ropsten Testnet hard fork that ultimately resulted in a three-way fork. A core developer of Ethereum, Lane Rettig stated that there were problems with the limitations of Parity in comparison to Geth, in the post mortem report. He also mentioned that they had encountered a consensus bug in the Parity implementation of Ethereum.
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What We Know About Google Ads Allegedly Blacklisting Ethereum as a Keyword
January 15, 2019 7:45 PM Crypto startup claims that Google Ads has blacklisted keywords mentioning Ethereum. Serbian startup claims that Google has blacklisted Ethereum as a Google Ad keyword ? learn more details about the case On Jan. 10, Serbia-based smart contract auditing startup Decenter reported that Google has blacklisted keywords mentioning Ethereum (ETH) on its advertising platform, Google Ads. Specifically, the startup tweeted that they saw ?a hard stop? on Google Ads containing the keyword ?Ethereum? starting from Jan. 9. Decenter also tagged the advertising platform?s official account in the tweet, asking whether they had introduced any new policy changes.
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Ethereum's Constantinople Explained
January 15, 2019 7:40 PM Ethereum?s vision to build a global platform for decentralized applications seems to be a bit far fetched as of now. However, Ethereum?s Constantinople hard fork may be best suited to help it achieve its primary mission. Ever since the beginning of Ethereum in 2015, it has utilized a proof-of-work (PoW) consensus algorithm. Proof of work was invented way back in the ?90s to prevent spam and services attacks. Cryptocurrency?s such as Ethereum use proof-of-work to ensure their open source has some sort of governance to weaken bad actors. It wasn?t until cryptocurrency users grew to the millions when proof-of-work was not suitable as it became too slow. Thus a proof-of-stake (PoS) algorithm, was created.
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All you Need to Know about the Upcoming Ethereum Constantinople Hard Fork
January 15, 2019 7:11 PM Advertise with Us Jobs at BTCManager BITCOIN PRICE: 3,634.31 HIGH: 3,714.00 LOW: 3,510.61 At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a? Don't miss out on the latest news Get BTCMANAGER delivered right to your inbox January 15, 2019 4:00 by Aisshwarya Tiwari 2019 could set in motion the recovery phase for the smart contracts platform Ethereum, as it looks to undergo its highly-anticipated Constantinople hard fork on January 16, 2019. The fork will occur at block height 7,080,000. Ether (ETH), the cryptocurrency that powers the smart contracts development platform Ethereum had quite an eventful 2018. The digital token established its ATH value of $1,389 on January 14, 2018. This was at a time when ether was the fuel for the majority of the initial coin offerings (ICOs).
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4 Awesome Ethereum Community Builders won prizes in the Settle Virtual Hackathon with MakerDAO!
January 15, 2019 6:40 PM We?re excited to announce the Settle Virtual Hackathon 2 winners! Hopefully everybody involved had a great time during Settle?s second virtual hackathon ? we certainly did. And we?ve been loving the awesome new Settle apps that came out of it! First, a huge thanks to our judges! They gave their time to evaluate the submitted apps while the rest of us were stuck in sleepy holiday mode ?? Wyre co-founder Michael Dunworth says it better than we could: ?Great to see some solid projects! Liquidity is the heart of financial infrastructure. Clean and user-friendly tools for aggregation provide the best building blocks whether it?s a first time user, or seasoned trader.
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The value of Ethereum (ETH) is rising in the build-up to Constantinople
January 15, 2019 5:35 PM News portal sharing opinions and ideas related to blockchain and cryptocurrency-based economy. BITCOIN BLOCK REWARD HALVING COUNTDOWN The crypto market is riding a green wave with Ethereum, EOS, Tron, and Maker at the forefront. The value of Ethereum (ETH) is rising in the build-up to Constantinople. The upgrade is expected to happen tomorrow, on January 16. However, the date could change by one or two days, since it actually depends on block times. Constantinople is scheduled to take place at block number 7,080,000. You can check the countdown timer here. The upgrade will reduce mining rewards from 3 ETH to 2 ETH per block. This means it will be more expensive to mine Ethereum from now on, which is bad news for miners. On the other hand, it also means reduced future supply, which is good news for investors.
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Ethereum's Constantinople Upgrade Faces Delay Due to Security Vulnerability - CoinDesk
January 15, 2019 5:19 PM 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 as developers of clients and other projects running the network, agreed to delay the hard fork ? at least temporarily ? while they assessed the issue. Participants included ethereum creator Vitalik Buterin, developers Hudson Jameson, Nick Johnson and Evan Van Ness, and Parity release manager Afri Schoedon, among others. A new fork date will be decided during another ethereum dev call on Friday.
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Ethereum Seeks to Prove a Crypto Fork Need Not Be Contentious - Bloomberg
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TrustToken Develops Cheaper Method of Managing Client Ethereum Addresses for Crypto Exchanges
January 15, 2019 4:48 PM TrustToken, the developer and issuer of TrueUSD, has come out with a novel method for crypto exchanges to manage millions of addresses associated with TrueUSD and other ERC20 tokens. TrustToken has developed the first publicly available means of easily handling thousands or millions of addresses within a single wallet, thus reducing the amount of Gas (Ethereuem used for transaction fees) required for the maintenance of wallets accepting TUSD. The update to the TrueUSD smart contract does not only have to apply to TUSD. The token?s code is open-source, so other tokens and outfits can replicate the method.
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Ethereum Monthly Report: Yearly reviews, ConsenSys and AMD collaboration, Plasma Winter PoC zkSNARKS as
January 15, 2019 4:39 PM Monthly update 18th December???15th January Developer activity (from Coinlib.io) Ethereum Core Devs Meeting #52 : A summary of the Constantinople update. A snapshot of the Ethereum Constantinople upgrade and the Thirdening: Ethereum Constantinople Upgrade Announcement by Ethereum Foundation. The Constantinople Upgrade: What You Need to Know by ConsenSys. Constantinople???the winding up of Metropolis phase. Upgrade your clients ASAP. EF FAQ and blog post. From MyCrypto, what users need to know about the Constantinople fork. Eth2.0 Implementers Call #9 . Justin Drake: ELI5: randomness in Eth2 using a VDF.
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Ethereum Price Analysis: ETH/USD Bounce or Break with Constantinople
January 15, 2019 4:29 PM Ethereum is testing a major area of interest as traders await the Constantinople upgrade. Price is testing the former resistance turned support level around $120 and could be due for either a bounce to the Fib extension levels or a deeper slide back to the swing low. The 100 SMA is above the longer-term 200 SMA to indicate that the path of least resistance is to the upside. In other words, the climb is more likely to gain traction than for the selloff to carry on. Note that the recent slide was likely due to liquidation ahead of this upgrade after all. Also, the 200 SMA may continue to hold as dynamic support at the area of interest. If it?s able to keep losses at bay, Ethereum could climb to the 38.2% resistance at $150 or the swing high near the 61.8% extension of $160. Stronger bullish pressure could take it up to the 78.6% extension at $184 or the full extension at the $200 major psychological level.
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Ethereum Prepares for Constantinople
January 15, 2019 3:37 PM The community is watching the Ethereum Constantinople Hardfork and how it will affect miners and holders. The fork will occur when block #7080000 is reached by tomorrow, 16 January The Constantinople hardfork prepares Ethereum for the ultimate consensus move from proof-of-work to proof-of-stake. Reduction of gas fees and mining rewards, the delay of the ?Difficulty Bomb?, and an optimum smart contract execution are the goals of the five Ethereum Improvement Proposals (EIPs). This is Ethereum?s third hardfork for the month. Coins from the Classic Vision Hardfork, which is the first fork for January, will gain the ticker ETCV. Three ETCV will be distributed for each piece of ETH a holder has. Coins from the Ethereum Nowa (ETN) hardfork, the second for the month, has the ticker ETN and will be distributed with a 1:1 ratio to ETH holders.
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Ethereum Classic Labs Introduces New Development Team for Core ETC Projects
January 15, 2019 3:29 PM In a blog post dated 14 January 2019, Ethereum Classic Labs announced the establishment of a new development team called ETC Labs Core. The team consists of six members whom most have previously worked at ETCDEV, a company that was involved in core development for Ethereum Classis (ETC) but shut down in December 2018 due to the lack of funds. The announcement followed the detection of unusual mining activities of the cryptocurrency by major crypto exchange Coinbase. The exchange detected reorganizations on ETC?s blockchain and double-spends. The activities were labelled as a 51% attack by the exchange and many others. Although ETC developers denied the allegations, they did ask for all crypto exchanges and mining pools to lengthen confirmation times on withdrawals and deposits involving the currency significantly.
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Under half of Ethereum nodes are ready for the Constantinople upgrade
January 15, 2019 3:09 PM At the time of writing, only 46% of Ethereum nodes are ?ready? for Ethereum?s Constantinople upgrade. The data is taken directly from the Ether nodes API. In the table below, you can see the total number of nodes and also the number of nodes running under either the Parity or Geth clients. As you can see from the data, only 46% of the total nodes are sending the ?ready? signal. For the enterprise nodes (Parity), we can see that around 45% of them are ready, compared to just under half of the Geth clients. The Parity client is used in more enterprise applications and Geth is used by more consumer applications (like Ethereum wallets).
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Coinbase Offers Support For Ethereum Hard Fork
January 15, 2019 3:09 PM Coinbase is one of the biggest exchanges in the United States and it has recently confirmed its support for Ethereum?s Constantinople hard fork. Coinbase isn?t the only one who has confirmed their support as the US-based cryptocurrency exchange Kraken has also said that they will be supporting the hard fork too. The two exchange giants join Binance, OKEx and Huboi in pledging to overlook the event, which will prompt an Ethereum block height of 7,080,000 expected this week. In the post, staff wrote that cryptocurrency exchange ?intends to fully support the Constantinople Ethereum (ETH) upgrade. Upon commencement of the upgrade, for security and technical purposes, we will temporarily pause sending and receiving ETH across all of our trading platforms until the upgrade completes and we confirm security of the network.?
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Chinese GPU Miners Flock to Cryptocoin Grin and Beam as Ethereum Constantinople Looms
January 15, 2019 2:09 PM Please use WeChat scan two-dimensional code login As the Ethereum Constantinople upgrade day approaches, it should have grabbed the headlines of the crypto space. While a crypto coin named Grin has somehow hit the crypto headlines along with Ethereum?s eighth fork. Amidst the crypto bear, miners? chat groups became noisy again for the advent of Grin and Beam ? two cryptocoins built on privacy-oriented protocol Mimblewimble. ?500 units of GPU miners wanted, with Nvidia P104, 1070, or 1080!? ?Beam wanted! 10.5 yuan per coin via over-the-counter (OTC) trading, 5,000 Beams wanted.? When privacy-centered coin Beam launched its mainnet on Jan 3, the long-awaited miners swarmed into it, at the same time, a dozen OTC marketplace hidden in QQ chat groups (one of the most popular instant messenger in China) popped up upon the mainnet launch of Beam, with the OTC price surging from 6 yuan ($0.88) up to 11 yuan ($1.62) in two days.
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