Ethereum News (ETH) - Page 23

Over 600M illnesses are caused from tainted food. Viant is building permissioned components with TraSeable Solutions and WWF on top of the public Ethereum blockchain to make food supply safer.
he abstract world of blockchain gets a whole lot more accessible as soon as you start talking about food. All of a sudden, dizzying concepts like consensus mechanisms, hash rates and cryptography melt away, and what you?re left with is a nice juicy steak, cooked medium-rare. There is no bitcoin, ethereum or regulatory oversight, and the only hard forks you encounter are on the dining table. Forbes decided to put blockchain to a tangible taste test, if you will. We attempted to track an entire meal using the irrefutable ledger entries of blockchain to identify and follow our food ingredients moving from farms in France, the sea off the coast of Fiji, ranches in Wyoming and tropical groves in Colombia to our plates here in metropolitan New York.
January 10, 2019 7:14 AM

Pilot Testing Sale of HFC for Ethereum High Fidelity, Inc.
We are currently testing the trade of High Fidelity Coin (HFC) and Ethereum (ETH). Initially, we will allow users to purchase HFC using ETH. We will conduct trades of HFC in fixed amounts equivalent to $25 or $50 (HFC 2,500 or 5,000). Since HFC is a stablecoin pegged to the US Dollar, while Ethereum varies against the Dollar, the exchange rate between HFC and ETH will fluctuate. We are currently allowing creators and performers that have earned in-world currency to sell their HFC for payment directly for USD. These trades are handled in-person with High Fidelity staff. As we enter the New Year (2019), we will begin offering automated tools to support selling HFC for ETH.
January 10, 2019 4:28 AM

Crypto Exchange Confirms 51% Attack on Ethereum Classic, Promises Refunds
Researchers from crypto exchange report they have confirmed that a 51 percent attack did in fact occur on the Ethereum Classic blockchain. Researchers from crypto exchange report they have confirmed a 51% attack on Ethereum Classic, promise users refunds Researchers from crypto exchange report they have confirmed that a 51 percent attack successfully occurred on the Ethereum Classic (ETC) blockchain. The company published an analysis of their findings Jan. 8. Research has published its analysis of ETC transactions on its platform during the alleged attack, claiming it has detected seven rollback transactions ? four of which were reportedly conducted by the attacker, transferring a total of 54,200 ETC in total (worth $271,500 at press time).
January 10, 2019 1:41 AM

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Stellar, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 9
While some prominent investors are still on the fence about crypto, others see the current market as an opportunity to double down on it. Many prominent investors are doubling down on crypto despite the ongoing bear market. Let?s see whether the charts support that outlook The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Some of the most prominent investors continue to back cryptocurrency and the blockchain technology. Hong Kong billionaire Li Ka-shing has invested in the latest funding round of Intercontinental Exchange?s (ICE) crypto trading platform Bakkt through his venture capital firm Horizon Ventures.
January 09, 2019 11:21 PM

CEX.IO to Support the Upcoming Ethereum Hardfork -
Cryptocurrency exchange CEX.IO will support the upcoming hardfork of the Ethereum (ETH) network ? Constantinople, according to the official press release. CEX.IO is a UK-based multi-functional crypto exchange which was established back in 2013. The exchange provides a rich variety of trading tools for bitcoin (BTC), bitcoin cash (BCH), and many more with fiat pairs. According to the press release, the exchange will stop ETH deposits and withdrawals "in order to secure users? funds." "After the Constantinople upgrade has beensuccessfully completed, all Ethereum holders will be able to trade their coins on CEX.IO asusual. Additionally, if the chain were to split, all users with ETH on their balances at the time ofthe fork will receive new coins," the press release states.
January 09, 2019 11:03 PM

Hyperledger vs Ethereum Training: Which one is better
Hyperledger vs Ethereum: Two of the hottest jobs in the blockchain market are ?Ethereum developer? and ?Hyperledger developer?. While there are many more platforms coming around, these two have pretty much conquered the realms of public blockchain and permissioned blockchain respectively. So, why should you learn Ethereum and Hyperledger and what are the benefits that you can gain from learning them? Well, that is the focus of today?s guide. There are two kinds of blockchains out there: Before we get into individual definitions and see what sets them apart, let?s get into the similarities. So, what are the similarities between public and private blockchains?
January 09, 2019 9:53 PM

Ethereum Raiden Network Deep Dive | Simply Explained & Illustrated
The Ethereum Raiden Network aims to provide fast, cheap, scalable token transfers for the Ethereum blockchain. This article will discuss and illustrate the basic functionalities of the Raiden Network. The basic idea behind the Raiden network is to avoid the bottleneck that can occur during blockchain consensus. This is accomplished using a network of Payment Channels, these channels have the ability to make secure value transfers Off-Chain. The Raiden Network has a lot of the same functionality of Bitcoin?s Lightning Network. If you are interested to learn more about the Lightning Network, this article provides a deep dive into the capabilities.
January 09, 2019 9:05 PM

Security Firm Asks Exchanges to Help It Find Ethereum Classic Attacker
China-based security firm SlowMist has claimed that it has enough evidence to locate the culprit behind recent chain attacks on ethereum classic. In a Medium article published Wednesday, SlowMist summarized the bulk of their analysis on ethereum classic, specifying the three wallet addresses and four transaction hashes that launched the two-day block reorganization (reorg) attacks on the network. The company also corroborated information released by cryptocurrency exchange Coinbase. Both SlowMist and Coinbase said double spends have occurred as a result of block reorgs, with SlowMist contending that a total of seven transactions were rolled back from the network and 54,200 ETC (almost $270,000) spent a second time.
January 09, 2019 8:18 PM

Ethereum (ETH) All Set To Rally Towards $200 Around Constantinople Hard Fork
Ethereum (ETH) has seen a lot of positive momentum just before its Constantinople hard fork. If the current exuberant sentiment continues to prevail, we could see ETH/USD rally towards $200 just before the hard fork next week. Technical conditions are favorable for such a move. The price has entered a large bullish pennant which is expected to break to the upside. This break out would push Ethereum (ETH) in the $200 zone but the price may continue to rise until it tests the previous market structure. RSI on the 4H chart is not in the overbought territory yet but the next rally would put it there which means we can expect a sharp pull back after the retest.
January 09, 2019 7:36 PM

Where does Ethereum Classic go from here The potential fall of ETC
Unbiased Cryptocurrency News Source It is never a joyous event when a classic may fade away, yet this seems to the be the case for Ethereum Classic. The Ethereum classic community broke away from the Ethereum and stayed true to themselves and to their belief of making sure that the code was, indeed, immutable and that it was law.  It seemed that this rift would be the first of their many problems, the consensus was with Ethereum, the majority was on the side of Ethereum, leaving the Ethereum Classic community with a faithful few (investors, community, developers, miners, and nodes). Ethereum Classic was left weakened, the number of developers and investors interested in ETC waned, there were a few but most of the attention, interest, and investment went to Ethereum.
January 09, 2019 6:07 PM

Ethereum Strikes Back
Is it a bird? No! It is a possibility that Ethereum can process 1 million transactions per second. This might become true due to Raiden Network (RDN) protocol. An infrastructure layer on top of the Ethereum blockchain, Raiden Network (RDN), has deployed the Red Eyes protocol on the Ethereum mainnet. The main goal of the protocol is to provide scaling solutions for Ethereum?s scaling issues. Such an update can produce not only 1 million transactions per second, but also brings cheaper and faster off-chain transactions to the Ethereum mainnet. Yet, it is currently in an alpha testing release. The team of Raiden Network urged users to use it carefully and secure their nodes before using.
January 09, 2019 5:52 PM

The ERC1538 improving towards the "transparent contract" standard
In the blockchain of Ethereum, perhaps one of the most used for its characteristics, we know some standards such as the ERC20, whose use has been extended in the vast majority of tokenized projects presented through ICOs. This time we will talk about the ERC1538 standard, improving towards the transparent contract standard. The technology of Ethereum brought us the smart contracts, which are the most current and are growing. Smart contracts can change the way we do business and schedule the fulfillment of certain obligations. Likewise, smart contracts could eliminate countless intermediaries in supply, business and related chains.
January 09, 2019 5:50 PM

Why Ethereum Classic should Adopt Keccak256 for its Proof of Work Algorithm.
On 2019?01?05, Ethereum Classic (ETC) was 51% attacked. What this means is that attackers sent over 40,000 ETC to an exchange, traded it for Bitcoin, withdrew that Bitcoin, and then released a chain with more accumulated hashpower that gave them back the 40k ETC. This double-spend will forever live on in the Ethereum Classic blockchain as a battlescar and will not be forked out or reversed. Ethereum Classic Improvement Proposal 1049 is a response to this security breach. It argues for changing ETC?s proof of work algorithm from Ethash, to Keccak256. There are two main arguments made in the proposal, and that this article will be discussing in more detail:
January 09, 2019 5:30 PM

Ethereum Dev Team Implementing the New Prog-PoW Protocol
by Cryptocurrency and Blockchain News | Jan 8, 2019 | Cryptocurrency News | 0 comments Announced several days back on January 4th, Ethereum dev team has come close to a consensus on the matter of making the implementation of the so-called ?ProgPoW? protocol that should directly affect the way ASIC miners are validating blocks on Ethereum network. Using ASIC mining equipment for mining cryptocurrency, which is the case with Bitmain for instance, naturally raises the level of competitiveness among crypto miners as a product of the advantage ASIC miners bring with the type of the equipment they are using.
January 09, 2019 12:55 PM

The List of 17 Exchanges Supporting Ethereum Constantinople Hard Fork
According to the sources, the Ethereum Constantinople hard fork is set to happen between January 14-18th once block number 7080000 is mined. Currently, the date is not precisely set, but the sources suggest, that Constantinople will most likely activate on Wednesday, Jan 16th, probably around 7 am UTC with a block 7080000. The current average block time is around 15 seconds and today we are in a block number 7035939, so there are 44 061 blocks to go. The preliminary calculations show that there are around 5 days left until we reach the mentioned block (7035939/7080000). To make the hard fork ?buzz? more convenient we decided to gather all announcements of the exchanges supporting the Ethereum Constantinople hard fork in one place. We will update this list every day and we ask you to help us update it. If you would like to add more exchanges which we didn?t include ? leave a comment with the exchange and the link to the announcement. Here?s the list:
January 09, 2019 12:35 PM

The Godfather of Ethereum, Yanislav Malahov, talks to Crypto Finder
We have one more interview for you by æternity?s Founder Yanislav Malahov This time he talked to Crypto Finder and explained more about his work with Vitalik Buterin: Powered by Discourse, best viewed with JavaScript enabled
January 09, 2019 12:15 PM

Ethereum Classic Targeted in Double Spend Attack Costing $1.1 Million
My Hacker News, latest news on hacking, cyber crime, ethical hacking, network security, web technologies, technology news, computer security, penetration testing, cyber security threats, zero-day vulnerabilities, information technologies, web application security, computer security training and certification, digital forensic investigations and incident response, cyber security online courses - Coinbase, the digital currency exchange has suspended all Ethereum Classic (ETC) transactions after a potential attack on its network. Coinbase is a major exchange in the cryptocurrency industry, responsible for introducing millions of Americans to cryptocurrency and remains one of the most popular crypto exchanges.
January 09, 2019 11:58 AM

Ethereum Classic Allegedly Faces 51% Attack - KOINPOST
Blockchain & Cryptocurrency News A tsunami of FUD (Fear, Uncertainty, Disorder) washed through the cryptocurrency and blockchain community as the original version of the Ethereum network, Ethereum Classic (ETC) came under attack. An unidentified perpetrator, allegedly for all intents and purposes, rolled back and altered transactions on the network. Some exchanges, in response, have halted transactions in the digital asset. On the other hand, others are requiring longer confirmation times to keep themselves away from being gamed while processing trades. On 8th Jan, the official Twitter handle for the $550 million ETC network warned of ?a possible chain reorganization or double spend attack.? Nevertheless, they noted that from what they can tell the ETC network is working normally. Notably, the handle tweeted again, urging cryptocurrency and digital asset exchanges to be careful while processing trades, just seven hours following the incident.
January 09, 2019 11:28 AM

Aggregated knowledge base entries about Ethereum (ETH) Titles not entered by Crypto.BI and are Copyright(C) their original authors.