eBay, Foxconn, PwC Join Enterprise Ethereum Alliance
One of the biggest retailer in the world with $10 billion in revenue and $2 billion in yearly profits, has joined the Enterprise Ethereum Alliance (EEA). eBay has now become part of more than 500 members which include JP Morgan, MasterCard, Microsoft, Shell, AMD, Intel and far too many to mention. They used to owns PayPal, but eBay announced plans to spin-off PayPal into an independent company which was completed on July 18, 2015. So perhaps they?re now looking at potentially offering crypto payment options, but why exactly they decided to join is unclear at this stage. Foxconn, the Taiwan based company which employs 1.3 million people, has also joined. That coincides with Trump opening a $10 billion Foxconn factory in Wisconsin. This entry was retrieved by us on January 08, 2019 8:25 PM. Check out www.trustnodes.com for more.
Researchers Propose a Decentralized Search Engine Built on Ethereum and IPFS
?I suggest we need a bold goal, one that is understandable and achievable. Something that we might be able to rally around, and have multiple groups contribute to, in order to build an easy to use Distributed Web.? So said three years ago Jeff Kaplan from the Internet Archive in a call to arms to build a decentralized web (dweb). While the internet upon which the web is built is decentralized, the web itself is centralized, he says, adding: ?Any particular website has only one physical location. Therefore, if the hardware in that particular location is down then no one can see that website. In this way, the Web is centralized: if someone controls the hardware of a website or the communication line to a website, then they control all the uses of that website.? This information was obtained by us on January 08, 2019 8:24 PM. See www.trustnodes.com for more from this source.
Vitalik Buterin and Nick Johnson Go Head to Head Over Ethereum Fixed Supply Cap Proposal
A joke is not a joke. Explaining the proposal for ethereum?s fixed supply cap of 120 million eth, Vitalik Buterin stated at a public meeting of ethereum developers: ?It basically makes all rewards inside of ethereum. So this would be current Proof of Work (PoW) rewards and it also makes a commitment to include all future rewards ? including Casper voting rewards, sharding block rewards, and any thing like that ? all be proportional to the maximum supply minus current supply. That basically means that eth?s supply, instead of just going up linearly, the growth would exponentially decay and the supply would exponentially converge towards the maximum. This posting was found by us on January 08, 2019 8:23 PM. Check out www.trustnodes.com for complete listings from this source.
Ethereum May Upgrade to Proof of Stake in 2018 Says Vitalik Buterin
Ethereum?s biggest upgrade so far may be ready as early as 2018, Vitalik Buterin, ethereum?s inventor, said in an interview with one of South Korea?s biggest daily. ?We have a proof of concept for proof of stake. Going from proof of concept to actual adoption would take may be one year,? he said. Vitalik further stated that he had to reduce his role in ethereum development as the team was getting bigger and ?others are making many of the fine and detailed decisions in protocol upgrades such as Metropolis.? However, he is still leading efforts regarding the most complicated, and perhaps important, aspect for ethereum, scalability. He says: This data was first found by us on January 08, 2019 8:23 PM. Have a look at www.trustnodes.com for more similar content.
Ethereum's Devcon Tickets Sell Out in 18 Minutes
Ethereum?s highlight of the year, Devcon IV, is now just three months away starting on October 30th in Prague, Czech Republic. Tickets for the first ?wave? opened yesterday, finally answering the ?when tickets? question that now risks becoming a meme for they sold out in 18 minutes, according to Hudson Jameson, an ethereum developer. ?Got an error message at first ?not enough tickets available to fulfil your order? and now the link just redirects me to the top of the page. Seems the first wave sold out in 15 minutes. Can anyone confirm?? So asks an etherean who didn?t make it. Poor guy was willing to pay ?1,025, but looks like they sold out before he could even finish the form. There were only 300 of them afterall. This piece was first seen by us on January 08, 2019 8:22 PM. Visit www.trustnodes.com for more similar content.
Ethereum's Top Ten Addresses Hold 10% of All Coins
Ethereum?s top ten richest holders have a combined total of 10,833,722 eth, translating to 10.84% of all current supply at 99,865,752. You need just a penny more than 1,538,422 eth, or around 1 billion dollars worth, to be the very richest etherean. While the very top three in combination have 4,556,297 eth, or 4.56%, with all three looking fairly similar. They have been accumulating since time immemorial, in ethereum terms, and only receive eth, with not one withdrawal. Suggesting all three are a cold wallet. As can be seen above, two of the top ten have so many transactions we can be fairly sure they are exchanges. A third one, Kraken, has been tagged as such. With a fourth one being an ICO that has just ended, EOS. This post was discovered by us on January 08, 2019 8:22 PM. See www.trustnodes.com for more similar content.
Ethereum Proposal to Reduce Inflation by 33% in the Metropolis Upgrade
Ethereum developers are proposing a reduction of block reward from 3 eth to 2 eth per block at the same time as a delay of the difficulty increase. Following a change in plan from contract Casper to beacon Casper, ethereum?s confirmation times may soon start to increase due to a protocol rule that significantly increases mining difficulty to incentivize a move to Proof of Stake (PoS). Hybrid Casper, however, probably won?t be ready until next year, so that difficulty rule is to be changed to provide for more time. In addition, block rewards are to be reduced according to the proposal which says: This entry was found by us on January 08, 2019 8:22 PM. Check out www.trustnodes.com for more similar content.
Ethereum Fees Spike to $1 Even as Transactions Fall to 600,000
Ethereum?s fees have suddenly risen to nearly $1 per transaction even as network usage is around half of its all time high in January when it reached around 1.4 million transactions a day. Ethereum is currently processing ?only? 620,000 transactions, yet fees have suddenly spiked beginning around the time we were test-running Status on June 30th. The gas limit remains unchanged, suggesting ethereum has capacity for around 1.4 million transactions, but total gas usage is at all time high. Gas is just a unit of measurement, similar to bytes in bitcoin. You need to currently pay 97 gwei per gas for an ethereum transaction, with gwei itself being a unit of eth as in one eth = 1,000,000,000 (one billion) Gwei. This publication was retrieved by us on January 08, 2019 8:22 PM. Check out www.trustnodes.com for more.
Ethereum Much More Likely Than Not to Overtake Bitcoin This Year Says Roger Ver
Roger Ver, a very early bitcoin adopter and now a strong supporter of bitcoin cash, stated that ethereum is ?much more likely than not? to overtake bitcoin. ?If you look at it, ethereum only has to double in price one more time in order to surpass bitcoin?s market cap,? Roger Ver said before further adding: ?Ethereum was around $100 dollars maybe a year ago and now it?s at $800. So it went up 8x last year. I think another doubling for ethereum? all the innovation and stuff that is happening.? Ethereum?s price was actually at around $15 a year ago before it begun a bull run for much of spring to a high of around $420, followed by a bearish summer and then a bullish autumn. This information was found by us on January 08, 2019 8:21 PM. Have a look at www.trustnodes.com for more from this source.
Ethereum More Popular Than Bill Gates, Warren Buffett, JP Morgan or NYSE, Bitcoin More Popular Than Elon Musk, Lambos, Stocks or NYT
People are a lot more interested in ethereum than Microsoft?s former CEO and once the richest man, Bill Gates, or the so called saga, Warren Buffet, according to google trends. Even though google searches for ethereum have fallen by some 75%, now beginning to rise again, people are still a lot more interested in eth than JP Morgan or even the New York Stock Exchange. Interestingly, one of the only few places where people care more about one of the others than eth is Iran, which for some reason is big on Bill Gates. In other places where eth doesn?t prevail, it is a pretty close call, but most of the big countries, like China and Russia, as well much of the developed world, cares considerably more about eth than Gates, his buddy Buffett, or the lot. This publication was found by us on January 08, 2019 8:21 PM. Browse www.trustnodes.com for more from this source.
Uproar as Ethereum's Vinay Gupta Threatens to Censor Twitter Clone Gab, Calls Them Nazis, Comes Out as Communist
Vinay Gupta, who calls himself a humanitarian technocrat that contributed to the launch of the Ethereum Project, while more generally might be called as a guru of sorts, has angered the ethereum community after threatening political censorship on its behalf. ?Basically Gab (an alt right? conservative? nazi? twitter replacement) is looking at doing an ICO and/or building a censorship-resistant form of itself. They?ve been eyeing up Ethereum for a while, and I?ve watched them circling. It came to an initial head a couple of days ago, and then kicked off for reals a couple of days ago. I?ve said a couple of things in the exchange which are very, very aggressive ? that, if we were faced with a large scale neonazi colonization of Ethereum, we?d figure out how to **** them hard for getting in our ****.? Gupta said. This entry was first seen by us on January 08, 2019 8:21 PM. Check out www.trustnodes.com for more similar content.
Stealth Ethereum Blockchain Company Buys $1 Billion Worth of Land Next to Tesla and Google
A little known blockchain software development company, with an apparent focus on the ethereum ecosystem, has bought 64,000 acres at the Tahoe-Reno Industrial Center, which hosts Tesla, Google and Switch, amongst others. ?BLOCKCHAINS [LLC] will be joining the likes of Tesla, Google, and Switch in calling the Tahoe Reno Industrial (TRI) Center, the largest industrial park in the world, home. During development of our campus, a newly renovated facility just outside of the TRI Center will act as our temporary headquarters until the campus is complete,? they say in a somewhat barren website. They appear to be a subsidiary of Berns Inc, which describes itself as a boutique software development studio with a focus on ?creating practical applications that use blockchain-based technology and incorporate important consumer protection tools.? This piece was discovered by us on January 08, 2019 8:20 PM. Visit www.trustnodes.com for complete listings from this source.
Ujo Music Launches Live on Ethereum's Mainnet, We Test-run
What?s a Saturday without music and what?s a 21st century Saturday without music on the blockchain? Thanks to Ujo Music, we can combine two of our favorite things in one of our favorite day of the week. After years of building, they have now finally launched during the Ethereal summit. The Web3 dapp looks pretty simple on the surface, quite fast, but the plumbing is very complex. We?ll spare you the details because we can?t provide them any better than Ujo themselves. Suffices to say they use smart contracts for licensing information and metadata, while more generally the team has quite a dream: This information was obtained by us on January 08, 2019 8:20 PM. Check out www.trustnodes.com for more from this source.
Ethereum Suddenly Has $8 Billion in Trading Volumes, More Than Bitcoin
Seemingly out of no where and as if by click of fingers, very much overnight, ethereum?s trading volumes have suddenly risen to $7.7 billion, increasing as we write with our screenshots already outdated. A new exchange has made a loud entrance. It comes from Asia, and it comes with some new innovations. Innovations that may have made some spill their coffee this morning when seeing this screen: We can?t easily recall the last time ethereum?s trading volumes were higher than bitcoin?s. Probably around spring 2017. Interestingly, however, although it is just one exchange responsible, it is the USDT trading pair that is giving such huge volumes: This item was first seen by us on January 08, 2019 8:19 PM. Visit www.trustnodes.com for additional posts.
Ethereum Investors Call on Miners to Boycott F2Pool
Anger is rising in the ethereum community towards F2Pool specifically which is accused of keeping eth?s capacity down by using a hardcoded gas limit instead of a flexible gas limit. An r/ethtrader moderator, after stating F2Pool is damaging ethereum, asked all pools to use the following setting for geth: ?gasprice 4000000000 ?targetgaslimit 4712388, and for parity: ?gas-floor-target 4712388 ?gas-cap 9000000 ?gasprice 4000000000. The flexible gas limit adjusts capacity in line with demand, therefore the sort of backlogs ethereum experienced yesterday should not happen, said the moderator in one of the comments. This post was first seen by us on January 08, 2019 8:19 PM. Browse www.trustnodes.com for more from this source.
A Chinese Hotel to Accept Ethereum, Has China Really Banned Cryptos or Are They Flourishing
China banning crypto has become a meme, and their shutting down of centralized crypto exchanges will not be forgotten easily, but have they really banned cryptos or have they failed miserably? We ask because recent news coming from there paints a picture of a booming crypto industry with a new generation enthralled by Solidity which they keep searching on Google. ?Next time people tell you bitcoin is banned in China, show him this pic,? says a Chinese cryptonian who further publicly informs us that China?s official news agency, Xinhua, said on Wednesday: ?Chinese investors can still buy ICO tokens easily, by first using RMB, China?s fiat currency, to buy BTC/USDT with over-the-counter trading platforms.? This piece was obtained by us on January 08, 2019 8:18 PM. Visit www.trustnodes.com for more.
Ethereum May Skip Casper FFG And Go Straight to Sharding with Proof of Stake
Ethereum apparently is moving at such great speed that something they have been working on for a long time may now be effectively outdated in its current form. This is not confirmed, and there remains some confusion, but from what sense we can make it seems that new developments have made Casper FFG, with 1,500 eth staking requirements, effectively redundant. That new development is some significant advances in sharding, which now appears to have reached a stage where one can fully see how it would work. ?We are considering changing the Ethereum 2.0 roadmap to skip Casper FFG with 1500 ETH deposits. Instead Casper and sharding validators would be unified from the get-go in the beacon chain, and deposits would be 32 ETH,? Justin Drake, an ethereum developer, says. This publication was first seen by us on January 08, 2019 8:18 PM. Have a look at www.trustnodes.com for more similar content.
Is the Ethereum Flippening Still on the Cards
Something strange happened earlier today. For a brief few hours, ethereum?s price was up while bitcoin was down, a sight we had not seen in a very long time. Almost as long as the last time we had heard of the flippening, a term of art used to describe the point ethereum overtakes bitcoin in market cap to become the very top crypto. Right now, eth has some long way to go to flip. Its price would have to rise to about $1,000, quite a bit more than the current $220. That?s assuming bitcoin doesn?t move at all from its current $111 billion market cap. But could it happen? It nearly did on June 18th 2017 when ethereum almost overtook bitcoin. Now, however, the gap has widened considerably: This share was first found by us on January 08, 2019 8:18 PM. You may want to visit www.trustnodes.com for complete listings from this source.
The Ethereum Exchange OmiseGo ICO Literally Finished Before it Even Started
While we?re still getting our heads around ICOs that finish in 30 seconds, the OmiseGo ICO managed to finish before the token sale even started. Launched by an established Asia based payments provider, Omise ? which boasts of being the first to back the Ethereum Foundation?s Devgrants program ? the ICO started with a token pre-sale on Bitcoin Suisse, a token investors pool of sorts that requires AML/KYC. ?The attention that the Bitcoin Suisse allocation received was overwhelming. There was an unprecedented rate of funding follow-through,? said Omise in an update of the token sale. Apparently, 450 people pledged $60 million for a capped sale of $19 million, so ?we will not be able to accept contributions from any participants in the second round,? Omise says. This share was retrieved by us on January 08, 2019 8:17 PM. Visit www.trustnodes.com to find more similar content.
Bitcoin and Ethereum ETF Chances Increase as SEC Appoints New ETF Chief, Dalia Blass, a Lawyer From the Firm That Advised Winklevoss in Their ETF Bid
The Securities and Exchanges Commission (SEC), which oversees the US investment market, announced yesterday Dalia Blass as a new Director of the agency?s Division of Investment Management, according to a press release. That division is in charge of ETFs in particular and the investment management industry more generally. With Jay Clayton, the Trump appointed new chair of the SEC, stating: ?Dalia?s years of service here at the SEC and extensive experience in the private sector will make her a valuable asset to the agency and the Division of Investment Management. The investment management industry is constantly evolving, yet its integrity is vital to our markets and Main Street investors. I know Dalia and the dedicated team in the Investment Management Division recognize this and will continue to work every day to fulfill the SEC?s mission.? This article was obtained by us on January 08, 2019 8:17 PM. Visit www.trustnodes.com to find more similar content.
New York City and Silicon Valley Missed Bitcoin and Ethereum Says Peter Thiel
Peter Thiel, co-founder of PayPal, Facebook board member, former advisor to Trump and a conservative libertarian born in Germany raised in America, said he is long on bitcoin. We quote at some length: ?There? all these elements that remind me of 99-2000 that make me nervous. So people playing fast and loose with ICO rules, just like with the IPOs in the dotcom bubble. You have sort of the, the crazy promoter type people, where the people who exaggerate beat the people with a normal plan and they get beaten by the people who exaggerate a lot. And so, there are sort of a lot of crazy, unhealthy dynamics. This piece was first found by us on January 08, 2019 8:16 PM. See www.trustnodes.com for more from this source.
Ethereum's Proof of Work Miners' Block Reward to be Reduced to 0.6 Eth
Ethereum has published the specifications for stage one of Friendly Finality Gadget Casper (FFG Casper), otherwise known as the hybrid Proof of Work (PoW) / Proof of Stake (PoS) upgrade. A specification that finally reveals one of the most important parameter, block reward. For ethereum, it will be reduced some 80%, from 3 to 0.6 eth per block, for Proof of Work miners. They say: ?In this proposed spec for stage 1 Casper, Ethereum will transition from pure proof of work to hybrid PoW/PoS. In this scheme, all of the proof of work mechanics will continue to exist albeit with a reduced block reward (0.6 ETH), but additional proof of stake mechanisms will be added. This piece was found by us on January 08, 2019 8:16 PM. See www.trustnodes.com for complete listings from this source.
Ethereum Now Has Three Times More Nodes Than Bitcoin
The ethereum network has nearly 25,000 reachable nodes, spread across the globe, less than two years after its launch, while bitcoin currently has only around 7,000 nodes that verify the network. The bitcoin community has been engaging in a long standing debate on scalability with node numbers being the primary point of contention regarding the available options to increase capacity. Small blockers argue that an increase of on-chain capacity adds resource requirements on nodes, thus increases costs, which leads to a decreased number of individuals who are willing to run a node. They then extrapolate to sometime in the next century to say that as on-chain transactions are kept forever, nodes will eventually have to be in massive data centers, thus decreasing their numbers considerably to perhaps 10 or 20. On-chain transactions, therefore, should be kept limited, argue small blockers. This piece was obtained by us on January 08, 2019 8:15 PM. See www.trustnodes.com for complete listings from this source.
Ethereum s Inventor Vitalik Buterin Leaves Shiba for Cat Memes
It is known Vitalik Buterin has a love affair with dogecoin, the fun meme digital currency that?s now valued at nearly $400 million, but some speculate he may be leaving them for their nemesis, the cat memes. While Ethereum was going through its most testing period last year, during many arguments about whether to stop a DAO thief or not, followed by the exploitation of some harmless bugs, Vitalik Buterin was spotted with a cat bag with a ?come at me bro? posture. That?s after he was spotted walking around in Singapore during August last year with a Hardfork Café t-shirt after Ethereum successfully hardforked to take the money back from the thief and gave it to the rightful eth owners. This item was found by us on January 08, 2019 8:15 PM. Visit www.trustnodes.com for additional posts.
Is Bitcoin, Ethereum Mining Still Profitable
Ethereum?s price has fallen 80% in the past eight months, while its hashrate has tripled to now 300 trillion per second. That means if your mining gear was earning $100 in December, it now earns only $2.5, showing just how brutal the mining business can be. However, much of the hashrate rise was probably due to asics, which for eth are only a few times more efficient than GPUs. So with new hardware they might perhaps be keeping up, but at a price of just $300 for one eth, some of them might be going under. According to a report on eth mining this March when the hashrate was at around current levels, a 94MH/s mining rig was earning $24 per week at the then prices of around $600. This posting was found by us on January 08, 2019 8:14 PM. You may want to visit www.trustnodes.com for additional posts.
4chan Invading Ethereum With Meme Games
That 4chan guy is at it again, sending cute shrimps, silly mushrooms, farmer pepes, and even ants (ants!) to our sweet ethereum blockchain. Our super investigative team went undercover to see the 4chan guy in action. He primarily operates online in a forum named after himself where one guy, 4chan, spends all day posting things while pretending he is many people (it?s not, it?s just one guy, can?t fool trustnodes.) Shroomies? Who does he think he is!? Shroomies, pffttt. We went to see it and we were amazed by how there?s nothing to see. Whaaaaaat? Ain?t buying anything! Poornodes can?t afford shrooms, so we went to shrimps. Yes, shrimps. This publication was found by us on January 08, 2019 8:13 PM. Have a look at www.trustnodes.com for more similar content.
Coinbase Rebrands GDAX to Coinbase Pro, Acquires Ethereum Startup Paradex | Oracle Times
Coinbase is on the verge of some massive achievements these days. For starters, the platform?s plans include the revamping of its GDAX service for institutional investors. Another significant achievement of the exchange is that it acquired the crypto trading platform Paradex, a decentralized exchange which uses Ethereum and ZRX. This is also good news for ZRX as well. Let?s take a more in-depth look at these two main events. Brian Armstrong, Coinbase?s CEO announced via the company?s blog that the GDAX service is set to evolve into Coinbase Pro. ?Since launching in 2015, GDAX has built liquidity and stability in the space and also helped us understand the needs of active crypto traders. Switching to the name Coinbase Pro is a recognition that the individual active trader requires a product completely dedicated to their specific needs,? the blog post announces. This piece was discovered by us on January 08, 2019 7:59 PM. Visit oracletimes.com to find more similar content.
Aggregated knowledge base entries about Ethereum (ETH) Titles not entered by Crypto.BI and are Copyright(C) their original authors.
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