January 4th Market Update: Crypto Markets Drop Slightly, Bitcoin and Ethereum Face Growing Resistance Near Current Price Levels
Following yesterday?s drop in the cryptocurrency markets, they have extended their losses into today, with most cryptocurrencies trading down slightly. Both Bitcoin and Ethereum are facing growing resistance just above their current price levels. Bitcoin has been caught in a relatively tight trading range over the past week, trading between $3,700 and $4,000. At the time of writing, Bitcoin is trading down under 1% at its current price of $3,800. Over the past week, Bitcoin (BTC) has failed to break above $4,000, which has become a level of resistance. The Crypto Dog, a popular cryptocurrency analyst, shared his thoughts on the current market conditions, citing declining volume as a threat to Bitcoin?s stability, concluding that a further drop may be necessary in order for a rally to ensue. He also dismissed the possibility of an inverse head and shoulders pattern forming, which would be definitively bullish for BTC. This entry was found by us on January 04, 2019 9:29 PM. Browse ci.covesting.io for additional posts.
Binance Announces Support for Upcoming Ethereum Hard Fork
The leading cryptocurrency exchange will support the Constantinople hard fork scheduled later this month. One of the largest cryptocurrency exchanges in the world, Binance, announced earlier on Thursday its support for the upcoming Ethereum (ETH) hard fork named Constantinople. The upgrade is based on five separate Ethereum Improvement Proposals (EIPs) and aims to transition the consensus mechanism from a proof-of-work to a proof-of-stake algorithm. Binance is geared up to address all the technical requirements to be able to handle the upgrade. The fork, which is scheduled to occur at a block height of 7,080,000, should fall between January 14th and 18th. This post was discovered by us on January 04, 2019 8:01 PM. Check out bitcoinerx.com for additional posts.
Ethereum Developers Give Tentative Greenlight to ASIC-Blocking Code
Members of ethereum?s open-source development community tentatively agreed Friday to implement a new algorithm that would block specialized mining hardware, or ASICs, pending further testing on the proposed code. If accepted by the network of users that run the ethereum software, the code change, dubbed ?ProgPoW,? would block ASICs, such as those made by major mining firms like Bitmain. In its place, the new software would allow general purpose, or GPU hardware ? which is typically phased out by ASICs ? to compete for rewards on the platform. ASICs were developed for ethereum as early as April 2018. This information was discovered by us on January 04, 2019 7:49 PM. Have a look at www.coindesk.com to find more similar content.
GENERALIZED ETHEREUM FRONTRUNNERS, AN IMPLEMENTATION AND A CHEAT
Crypto never stops and neither do we. On my way to spend new year?s eve in the Swiss alps, I was pinged on Slack with something quite interesting that was happening with Kleros? doges on trial dapp. If you are not familiar with it, this awesome explainer by Stuart will help you catch up. Lemiscate, aka Marc Zeller, Kleros community hero and doge connoisseur, was penalizing inactive jurors, more on that later, and noticed that his transactions were getting frontrunned in some sort of distinguishable pattern. He started to dive deep into what was happening and made us learn a few things along the way. This publication was obtained by us on January 04, 2019 6:50 PM. Check out blog.kleros.io to find more similar content.
OKEx To Support the Upcoming Ethereum (ETH) Constantinople Hard Fork
Prominent crypto exchange of OKEx has announced that it will be supporting the upcoming Ethereum (ETH) Constantinople Hard Fork that is scheduled to take place at the block height of 7,080,000. The exact date is not known but it is estimated that the event will occur between January 14th and 18th, 2018. OKEx?s announcement comes a day after Binance also stated that it will be supporting the Constantinople hard fork. OKEx has assured its clients that it will take care of all technical requirements during the event. It has also informed the crypto community that if there are any airdrops, they will distribute them to their users. The OKEx announcement summarized the hard fork as follows: This share was retrieved by us on January 04, 2019 6:47 PM. Visit ethereumworldnews.com for complete listings from this source.
Ethereum 2.0 The Road To Constantinople And Beyond -- Vince Tabora [Hackernoon]
The next system wide upgrade for the Ethereum network called Constantinople will be implemented in 2019 (originally set for 2018). It is also called as ?Ethereum 2.0? or the ?New Ethereum?, software version 3.5, part of the release called Metropolis. There is a lot on the line with the success of the Ethereum project, and these are the upgrades to scale the network. The Constantinople upgrade is scheduled for block #7080000. There will actually be three forks in the beginning of 2019 and this includes Constantinople. The two other forks are ?hard forks?, meaning they will create a new cryptocurrency. These are Classic Vision and Ethereum Nowa. ETH holders should get an equivalent of those coins in their digital wallet after the fork, if supported by the wallet or digital exchange. This post was obtained by us on January 04, 2019 6:30 PM. Check out hackernoon.com for additional posts.
The Latest Ethereum 2.0 Prysmatic Labs Development Update in Brief
Ethereum 2.0 and Constantinople Hard Fork / Pixabay.com / Edited Since their first introduction, the topic Casper FFG (Friendly Finality Gadget) vs. Casper CBC (Correct by Construction) has been widely discussed. CBC is a method to reason about consensus protocol while FFG is a precise proposal for a Proof of Stake-based consensus protocol execution. CBC may have high overhead in protocol efficiency and complexity despite its safety. However, Vitalik explained how Ethereum 2.0 Serenity clients could benefit from CBC without sacrificing much efficiency. CBC fork choice rule is a major difference since it is highly inefficient in time requiring many validators compared to the FFG?s model. This post was retrieved by us on January 04, 2019 6:21 PM. Have a look at www.cryptovibes.com for additional posts.
Announcing Ethereum ProgPoW project, to restore the original decentralization of Ethereum
After the period of successful development and QA from the public ProgPoW Ethereum testnet Gangnam, We the group of miners and Ethereum enthusiasts are now announcing the launch of a new Ethereum node, Ethereum ProgPoW. As we believe that ProgPoW is the true vision to restore decentralization and to restore the core value of ethereum, we?ve built Ethereum ProgPoW, the first node client to support ProgPoW Proof-of-Work algorithm on ethereum mainnet. After the certain block height miners will be able to activate the new fork rule and thus ProgPoW algorithm can be activated. By activating the ProgPoW algorithm on main network we believe Merchants and Users will be able to use on-chain applications and contracts without any possibility of network interference and censorships that can harm the inherent value of smart money. This posting was first found by us on January 04, 2019 5:40 PM. You may want to visit medium.com for additional posts.
My final request to Ethereum Foundation to ship ProgPoW with Constantinople Hardfork
Before we finalize the Constantinople Hardfork I would like to suggest to add ProgPoW along with Constantinople, and here is why we need ProgPoW with out next hardfork for miners and the decentralized ethereum mainnet. First, Anti-ASIC hardfork is needed ASAP before our network is being encroached upon ASIC manufactures and the minority of miners. Ethash?s ASIC vulnerability is being an issue since last summer and it allows to manipulate the vote rule we?d agreed apon, the one GPU per one vote. Also, these illegal ASICs can make a network vulnerable by allowing a small number of miners to censor the transactions and manipulate the ledger by executing 51% attack. This article was retrieved by us on January 04, 2019 5:28 PM. Browse medium.com for complete listings from this source.
Mapping out Ethereum's Developer Ecosystem - The Block
Ethereum is by far the leading smart contract platform for developers. While the number of developers in the ecosystem is a topic of debate ? estimates range from 250,000 to 350,000 ? download data from popular development tools show that Ethereum continues to see increasing interest from developers. Influential members of the Ethereum community, in turn, have adopted BUIDL as their battle cry for developers to build products ranging from decentralized prediction markets, governance platforms, and security tokens, on Ethereum. With the growing interest in building on Ethereum, The Block has mapped out its developer ecosystem. We categorized the ecosystem into six sub-categories: (1) Protocols & Platforms (2) Testing & Frameworks (3) Infrastructure (4) Scaling (5) Privacy, and (6) Storage. This post was first found by us on January 04, 2019 5:17 PM. Have a look at www.theblockcrypto.com for complete listings from this source.
Ethereum Classic (ETC) Rallying, In Spite of Setbacks
After a rough 2018, Ethereum Classic (ETC) is showing signs of rallying ? maybe even a correction. One positive sign for the token is a marked increase in the number of daily transactions. Today, ETC is at almost 60K transactions. Ethereum Classic $ETC is off to a successful start processing nearly 60K transactions today. (No 300k fugazi) 2019 will be one to remember.??#EthereumClassic #ClassicIsComing https://t.co/GBSl50Vvbl pic.twitter.com/f0NfvG05De ? Classic is Coming (@ClassicIsComing) January 3, 2019 While this doesn?t approach the Jan 2018 high of over 100K transactions, it is certainly a step in a positive direction for Ethereum Classic, which hasn?t seen over 60K daily transactions since Aug 2018. This item was first found by us on January 04, 2019 5:04 PM. Have a look at beincrypto.com for more from this source.
'Ethereum 2.0' PoS Blockchain Aims to Cut Energy Use by 99% - Bitcoinist.com
Reading: ?Ethereum 2.0? PoS Blockchain Aims to Cut Energy Use by 99% Julio Gil-Pulgar · @gil_pulgar | Jan 04, 2019 | 03:00 Julio Gil-Pulgar · @gil_pulgar | Jan 04, 2019 | 03:00 Ethereum not only hopes to maintain its position as one of the world?s largest cryptocurrencies but also to achieve supremacy by becoming more energy efficient. Ethereum leadership plans to accomplish this objective by minimizing blockchain energy consumption by 99 percent. Vitalik Buterin, inventor and co-founder of Ethereum, started 2019 by regaining Ethereum?s position as the second largest cryptocurrency with a market capitalization of over USD 15.5 billion. This publication was first seen by us on January 04, 2019 3:09 PM. See bitcoinist.com for more.
Man in Singapore Uses Ethereum [ETH] to Pay $42,000 for a Car
A man in Singapore recently bought a Hondo Vezel worth $84,000, making half of the payments in Ethereum. David Lau, a business development manager, based in Singapore made a first-of-its-kind payment at a car dealership with Ethereum. The 27-year-old man paid half the cost of his $84,000 Honda Vezel using the digital currency Ethereum. Lau has been investing in cryptocurrencies for over two years and will be paying for the rest of the amount using a bank loan. The car Lau is buying is worth $84,000 for which he made an upfront deposit payment of $10,000 using Ethereum (ETH) coins. He will be making another payment of $32,000 for the car using Ethereum in the upcoming three weeks. The other half of his car payment will be done with a bank loan. This piece was first found by us on January 04, 2019 1:59 PM. Check out blokt.com for additional posts.
Ethereum Price Surpasses 0.04 BTC as $160 is Within Reach
The top cryptocurrencies ranked by market cap often evolve in rather unusual ways. There has been a strong focus on the Ethereum price as of late, which is only to be expected. Since successfully reclaiming the $2 spot on Coinmarketcap, expectations for the Ethereum price turned bullish again. Considering how all of the top cryptocurrencies suffer from bearish pressure right now, one wouldn?t expect Ethereum to note any real gains. Even so, the value per ETH has risen slightly over the past few hours, which seems to confirm the bullish optimism is more than warranted. There is also the upcoming hard fork to look forward to, which paves the way for future Ethereum price momentum. This data was discovered by us on January 04, 2019 1:27 PM. Check out nulltx.com for more.
Ethereum [ETH] Outperforms Other Top Cryptocurrencies in Market Downturn
Ethereum [ETH] technical analysis for 4th January 2018. With the market starting to move down once again, we analyze why Ether has been outperforming other cryptocurrencies and whether this outperformance is likely to continue. After a bullish start to 2019, the cryptocurrency markets are undergoing a small retracement over the past two days. Ethereum has had a particularly bullish end to 2018 and a bullish start to 2019 as it reclaimed its position as the largest altcoin by market cap by overtaking Ripple?s XRP. Ether is performing strongly on this brief downturn and is outperforming other major cryptocurrencies including Bitcoin and XRP. This information was first seen by us on January 04, 2019 1:08 PM. Visit blokt.com for more from this source.
Ethereum Constantinople hard fork: the exchanges to use- The Cryptonomist
There is a bit of confusion on the web about the news of the Ethereum Constantinople hard fork that will take place at the 7,080,000th block, as communicated by the ETH community during the Ethereum Core Devs Meeting. Therefore it is necessary to clarify some things in order to better understand the events, how to behave and how this Ethereum hard fork will really affect the users. When the 7,080,000th block of the Ethereum blockchain will be mined there will be a simple upgrade of the Ethereum network, called Ethereum Constantinople that will bring 5 improvements to the network without creating any new crypto or fork to the Ethereum blockchain. In reality, it shouldn?t even be called a hard fork in the strict sense. This post was found by us on January 04, 2019 1:00 PM. Visit cryptonomist.ch for more similar content.
Ethereum or Hyperledger Fabric
The sole purpose of the article is to analyse the key differences between Distributed Ledger Technologies (DLT) namely Ethereum, and Hyperledger Fabric. Both the frameworks are suited for very different visions in regard with their fields of application. Hyperledger Fabric provides customisable and extendable architecture that may be used in diverse fields ranging from banking to supply chain to healthcare et al. Ethereum?s unique feature of providing us with a cross-disciplinary platform for all kinds of transactions and use cases. 2. Discussion on architecture of: 3. Block structure (data model) in blockchain for Ethereum and Hyperledger Fabric This data was first seen by us on January 04, 2019 11:39 AM. Browse medium.com for more from this source.
Man pays for half of $84,000 car with cryptocurrency ethereum
In a first-of-its kind transaction in Singapore yesterday, business development manager David Lau used cryptocurrency to pay for half of the cost of a new car. The 27-year-old bought a Honda Vezel for $84,000, using $10,000 worth of ethereum - a cryptocurrency he has been investing in for about two years - to pay the deposit for the crossover car. He will be paying another $32,000 worth of ethereum in the next three weeks, and financing the remaining $42,000 with a bank loan. Cryptocurrency is a digital currency that operates independently of a central bank. Its value is determined largely by speculation-driven demand, making it volatile and unpredictable. This entry was discovered by us on January 04, 2019 7:32 AM. Have a look at www.asiaone.com for more similar content.
Wall Street Pours $24 Billion Into Bitcoin and Crypto, Plus Ripple and XRP, Tron, Ethereum, Litecoin, Stellar, Cardano: Crypto News Alert | The Daily Hodl
From more evidence of institutional interest in Bitcoin and cryptocurrency to an imminent upgrade for Ethereum, here?s a look at some of the stories breaking in the world of crypto. Goldman Sachs-backed Circle is reporting a whopping $24 billion in demand from institutional investors in 2018. In a new blog post, the company says its over-the-counter (OTC) crypto business executed more than 10,000 trades throughout the year, with 36 different crypto assets. ?Our OTC trading business, Circle Trade, has continued to expand despite a tumultuous year for the industry: we onboarded a record number of new institutional clients (more on that below), grew our trading operations to 24/7 with coverage in the US, Europe and Asia, and added significant workflow improvements, including the launch of our RFQ Electronic API? This entry was first found by us on January 04, 2019 5:05 AM. You may want to visit dailyhodl.com for more similar content.
Ethereum [ETH/USD] Technical Analysis: Bulls persist with the cryptocurrency on a long run
Tron [TRX]?s Justin Sun: BitTorrent benefits the whole cryptocurrency industry Bitcoin [BTC/USD] Technical Analysis: Prices stuck in a sideways pattern with no way out Litecoin [LTC] prices bloom by 7% amidst the sideways and brutal bear controlled market Tron [TRX] witnesses double digit gains as rest of top ten cryptocurrency club fail to keep up Bitcoin [BTC]?s transaction fees touch the lowest point in over three years Coinbase?s Q4 accomplishments hints staking feature; possible listing of Tezos [XTZ] Tron [TRX/USD] Technical Analysis: Bull at the verge of losing coin to bear Cryptocurrency Rundown 2018: The year in numbers and events This piece was first seen by us on January 04, 2019 4:44 AM. Visit ambcrypto.com for more.
Apple, Facebook, and Tesla Stock Become Tokenized on Ethereum, Available Next Week
As of January 3rd 2019, real-world shares representing ownership in Apple, Facebook, and Tesla are set to become tokenized and available to investors next week. With 2018 bearing one of the ugliest years for cryptocurrencies to date, the security token industry witnessed significant progress, leaving many to anticipate 2019 as the year of implementation. The security token industry has kicked off 2019 with a bang, after the DX.Exchange? which is set to open next week? has announced the listing of shares from corporate giants such as Apple Inc., Facebook Inc., and Tesla Inc. With the new listings, individuals will be able to purchase security tokens which serve as a digital representation of real-world stocks. Each security token will be backed by one regular share. Token holders will be entitled to the same cash dividends as traditional shareholders who purchased their securities from platforms such as the New York Stock Exchange (NYSE). This posting was retrieved by us on January 04, 2019 2:59 AM. Have a look at thetokenist.io for more similar content.
The Future of Purchasing Apple and Facebook Stock on Ethereum - CryptoMeNow
A cryptocurrency exchange by the name of DX.Exchange has recently launched stocks trading for giant companies such as Facebook, Tesla, and Apple next week, so companies will be able to trade outside of the US even when the stock markets are closed. According to information provided by Bloomberg, the exchange will offer digital assets based on a share of 10 Nasdaq-listed companies, where each token is backed by a share and holders will be entitled to same cash dividends, even though the companies aren?t involved themselves. The actual shares will be purchased and held b partner MPS MarketPlace Securities Ltd, a worldwide, multi-asset broker-dealer, with the tokens being based on Ethereum network, with the amount corresponding to demand on the exchange. This posting was first seen by us on January 03, 2019 11:15 PM. Have a look at cryptomenow.com for additional posts.
Ethereum 2.0 Development Update #19 Prysmatic Labs
Our biweekly updates written by the entire Prysmatic Labs team on the Ethereum 2.0 Serenity roadmap The topic of Casper CBC (Correct by Construction) vs. Casper FFG (Friendly Finality Gadget) have been discussed extensively since they were first introduced. However, it is important to consider they are not exactly two competing proof of stake models, but rather CBC is a way to reason about consensus protocols while FFG is a specific proposal for a Proof of Stake-based consensus protocol implementation. CBC has been criticized in the past for having a very high overhead in complexity and protocol efficiency despite its safety, but Vitalik has done a good job of explaining how Ethereum Serenity clients could add ideas from CBC down the line without sacrificing much efficiency. This post was obtained by us on January 03, 2019 8:12 PM. Browse medium.com for more from this source.
Ethereum Proof of Stake FAQs post on Hacker News
Isn't having something like collateral or work that is external to the system a key part of keeping value in check? If you engage in provably Byzantine actions, your stake can be slashed, burned, or otherwise sacrificed or redistributed. There are Byzantine actions that one can take that are unprovable at this time AFAIK (IE: exploiting the data availability problem). You will need to download an Ethereum 2.0 wallet when it releases and start staking through the UI. 6 or so of these are being built and you can check it Prysmatic Labs to see the progress on theirs. One important thing to note is that the proof of stake Ethereum chain is a different chain than the proof of work Ethereum chain. You won't need the legacy PoW chain to stake. This posting was first seen by us on January 03, 2019 5:12 PM. See news.ycombinator.com for more from this source.
Another Ethereum fork is coming. Here's how ETH has performed before and after every past fork.
As a project in continuous development, Ethereum occasionally undergoes significant upgrades, called forks, that allow for the implementation of new technologies or change the rules of the blockchain. The next of these planned updates is called ?Constantinople,? and it will bring changes to Ethereum?s rules about block rewards and new ETH generation implemented into the chain. It?s scheduled to go live at the block height 7,080,000, which probably falls in mid-January 2019. While some have suggested the fork is a bullish sign, forks are risky events. How should you approach investment in the period leading up to and following a hard fork? We decided to take a look at how the market responded to five previous ETH hard forks to find out. This information was first seen by us on January 03, 2019 4:51 PM. Browse www.longhash.com to find more similar content.
Ripple and XRP Target Swift Takeover, Retail Investors Are Bullish on Bitcoin, and Ethereum's Vitalik Buterin Plans Huge Slash in Energy Consumption | The Daily Hodl
A new study shows Bitcoin and crypto hodlers are in it for the long haul. According to a new report from DailyFX, 77.5% of retail crypto investors remain long on Bitcoin ? the highest number since November of last year. ?Bitcoin: Retail trader data shows 77.5% of traders are net long with the ratio of traders long to short at 3.44 to 1. The number of traders net long is 0.4% lower than yesterday and 6.2% higher from last week, while the number of traders net short is 2.7% lower than yesterday and 6.4% lower from last week.? A look at Bitcoin?s yearly lows offers a unique perspective on exactly where traders are holding the line. This data was first seen by us on January 03, 2019 4:29 PM. Visit dailyhodl.com for more from this source.
Digital exchange connects overseas investors with US stocks - on Ethereum
Using tokens, they can trade on select stocks even when stock markets are not operational London: A digital exchange opening next week will enable investors to trade in companies including Apple Inc., Facebook Inc. and Tesla Inc. outside of the US even when the stock markets are closed. DX. Exchange will offer digital tokens based on shares of 10 Nasdaq-listed companies with plans to expand to the New York Stock Exchange as well as in Tokyo and Hong Kong. Each digital security is backed by one regular share and holders will be entitled to the same cash dividends, even though the companies themselves aren?t involved. This piece was first seen by us on January 03, 2019 4:06 PM. Have a look at gulfnews.com for complete listings from this source.
Ethereum Events monitoring using Eventeum QuikNode Medium
Event tracking on Ethereum can be very painful when you are building a Scalable Dapp. Today we are going to look at Eventeum, developed by Kauri Team. Eventeum is an Ethereum event listener service that provides a bridge between your smart contracts and middleware layer. Events subscriptions can be registered dynamically, and on emission, a message containing the details of the events are broadcast onto a message bus (currently either Kafka or RabbitMQ) which can then be consumed by your backend services. Eventeum supports 3 broadcast mechanisms. We will be using Kafka in our deployment. To deploy Eventeum, you need these things: This article was first found by us on January 03, 2019 3:59 PM. Browse medium.com for complete listings from this source.
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