Vitalik Buterin Says Ethereum Upgrade Will Trigger 1000x Increase in Scalability
November 01, 2018 12:48 AM Speaking in Prague before an audience of blockchain developers at Devcon4, the annual Ethereum event, Ethereum co-founder Vitalik Buterin says the latest upgrade, Serenity, is designed to boost the network on all fronts. It will increase scalability by ?1000x.? The path to Serenity has been anything but calm. As Ethereum has evolved into the world?s second largest cryptocurrency, numerous ideas and concepts have ended up in the development trash bin, including ?super-quadratic sharding,? aborted attempts at solving Casper and the failed ?consensus-by-bet.? But with Serenity, Buterin believes Ethereum will soar. Its implementation will see a major switch to a proof-of-stake model that promises to make the network far more scalable and energy efficient. Abandoning proof-of-work, users will instead ?stake? their own ether to run the network and earn block rewards.
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district0x Dev Update - October 30th, 2018 district0x
October 30, 2018 7:24 PM The previous two weeks of progress have been largely contained to several important optimizations needed across our apps, including compacting down smart contracts, introducing vital forms of logging, and making the final preparations for all current and future apps with the transition to EIP-1102. Our group of service providers remain committed to the four in progress dApps, and we?re coming closer to a concurrent release of all of them. As mentioned in our last update, Meme Factory hit an unexpected issue with deployment leading to a required revision of our smart contracts. This was a short-lived effort, but also provided an opportunity for us to construct much better logging facilities than we previously had. Besides the conveniences like issues being surfaced straight to github, we can now get logs directly from end-user clients. This will help significantly in diagnosing many issues as we scale Meme Factory out to the public.
You may want to visit blog.district0x.io for additional posts.
Is future of trading relying on decentralized or centralized exchanges
October 30, 2018 2:28 PM In the past three episodes of the DEX Series, we have explored the determiners of assets, trading and exchange, and the issue of governance. This article brings you a perspective on the benefits of decentralized exchanges compared to centralized ones. Crypto asset markets and exchange platforms started out and nourished on the same trading principles as we have known since traditional marketplaces and stock exchanges like the New York Stock Exchange (NYSE). As blockchain tech brought about the disruptive concept of individual autonomy, decentralization, and elimination of the middle person, it was only appropriate to rethink the traditional ways of doing trading with crypto assets, as well. Here is how decentralized exchanges can improve the trading experience for users, compared to centralized platforms.
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Are even centralized crypto exchanges betting on decentralization
October 29, 2018 6:44 PM Let?s start by admitting I?m being a little disingenuous with that headline. It?s a zero, not the letter O. The cryptocurrency market?s flavor of the week is pronounced ?Zero-Eks? rather than ?Oks?. That explains its ?ZRX? trading symbol. If you already knew that, great. But much crypto trading is done by very private individuals who don?t engage in much conversation on the topic. So I take pleasure in knowing that I just helped somebody, somewhere, avoid embarrassing themselves at their next blockchain Meetup. And I guarantee that, wherever crypto enthusiasts gather in real life over the next couple weeks, 0x will be the main topic of conversation.
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ZCash Will Make Private Transactions 6x Faster and 100x Lighter Through Sapling Update
October 29, 2018 2:28 PM One of the hallmark features of the privacy-centric cryptocurrency ZCash is the option to send encrypted, so-called ?shielded transactions?. Shielded transactions are made possible through the use of zero-knowledge proofs called ?zk-SNARKs?. These transactions, however, require significantly more computational power to perform, validate and record on a blockchain. This has long impeded shielded transactions from reaching mainstream use among casual ZCash users. This, however, now appears to become something of the past soon, as ZCash is reportedly preparing to roll out its latest hard fork update later today. The update, dubbed Sapling, will supposedly notably improve the overall usability of ZCash.
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The District Weekly October 27th, 2018 district0x
October 27, 2018 8:31 PM As the month of October draws to a close, we inch closer to Meme Factory release as well as completion of the District Registry and d0xTask app. The operations team has been busy finalizing resources within our open source operations github repo. And we published an article detailing changes made to our ever expanding education portal. You can now read and share topics covering state channels, plasma, sharding, gas, and ERC721 non-fungible tokens. If you have a topic you would like to see covered or would like to be a contributor yourself, please reach out. This past Wednesday we hosted Luke Parker of Ember, an instant and fee-less cryptocurrency, secured by the Merit Caching Consensus Mechanism. Stay tuned for our regular community livestream every other Tuesday at 3PM PDT (10PM UTC) as a forum for discussing recent updates to the district0x Network.
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Zcash's Next Upgrade to Make Private Transactions 100x Lighter and 6x Faster
October 26, 2018 1:19 PM Latest news About Crypto Currency Zcash?s core differentiator, shielded transactions, are computationally heavy ? so much so that most users and exchanges can?t support it. Heralded as a privacy breakthrough in the crypto community, shielded transactions run a type of cryptography named zk-snarks in order to obscure transaction data. But a new upgrade, predicted to activate on October 29, is being touted as a significant improvement of the usability of the protocol overall, but specifically for the use of these privacy-enabling transactions. Dubbed Sapling, the hard fork upgrade has been the primary focus of the Zcash Company, the for-profit responsible for developing on the cryptocurrency, since its launch in 2016.
You may want to visit www.cryptonews24x7.net for additional posts.
WHERE's MY 10X Or how the life of crypto investors changed in 2018
October 26, 2018 12:54 PM You have scrutinized a certain blockchain project, you have examined the whitepaper multiple times, you have checked all the team members, you have watched an overview of the project by your favorite blockchain vlogger, you have even joined project?s Slack channel, but still, no Moon. Why? In this article, we are going to look at the main strategies of crypto investors in 2017 and 2018. We will try to understand how certain market characteristics and trends affected the success rate of these strategies. And finally, we will try to find out what to do in the current realities of the crypto industry.
Have a look at news.blackmooncrypto.com for more.
How the life of crypto investors changed in 2018 or where is my x10
October 26, 2018 12:50 PM You have scrutinized a certain blockchain project, you have examined the whitepaper multiple times, you have checked all the team members, you have watched an overview of the project by your favorite blockchain vlogger, you have even joined project?s Slack channel, but still, no Moon. Why? In this article, we are going to look at the main strategies of crypto investors in 2017 and 2018. We will try to understand how certain market characteristics and trends affected the success rate of these strategies. And finally, we will try to find out what to do in the current realities of the crypto industry.
You may want to visit medium.com for complete listings from this source.
Zcash's Next Upgrade to Make Private Transactions 100x Lighter and 6x Faster
October 26, 2018 12:39 PM Zcash?s core differentiator, shielded transactions, are computationally heavy ? so much so that most users and exchanges can?t support it. Heralded as a privacy breakthrough in the crypto community, shielded transactions run a type of cryptography named zk-snarks in order to obscure transaction data. But a new upgrade, predicted to activate on October 29, is being touted as a significant improvement of the usability of the protocol overall, but specifically for the use of these privacy-enabling transactions. Dubbed Sapling, the hard fork upgrade has been the primary focus of the Zcash Company, the for-profit responsible for developing on the cryptocurrency, since its launch in 2016.
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Coinbase Slammed For Listing 0x
October 25, 2018 1:11 PM Robert is a keen investor with a particular interest in cryptocurrencies. He has been involved in the industry for many years, and because of this, has gathered a lot of knowledge surrounding this area. He studied English at university level and has a passion for writing. He loves being able to combine his two mains interests on a daily basis. More people than ever used cryptocurrencies in 2018, and at BitStarz, Bitcoin, Ethereum, Dogecoin, Bitcoin Cash and Litecoin wagering went through the roof! One player won $206,551 on a single Book of Aztec spin. Maybe not enough to make Satoshi Nakamoto jealous, but nevertheless a super win!
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Coinbase Under Scrutiny for 0X Listing, Personal Connections Bind 0X, Coinbase and Scalar Capital
October 25, 2018 10:38 AM It has come to light that personal connections tie together Coinbase, 0x, and investment management company Scalar Capital. Some suspect that Scalar Capital has used their connections to Coinbase to list 0x a token that many at Scalar Capital are early investors in. In brief, Linda Xie, former product manager at Coinbase, is currently managing director at Scalar Capital, which she also co-founded. Xie?s husband is 0x?s co-founder Will Warren. Jordan Clifford was formerly lead growth engineer at Coinbase, but now is a managing director at Scalar, which he also co-founded. Furthermore, Maksim Stepanenko is both a Scalar advisor and an engineer at Coinbase; critically, he was involved in creating Coinbase?s ?Digital Asset Framework? (DAF) document - for listing new assets. He is listed on the DAF document as a software engineer. Stepanenko has reportedly deleted the Scalar connection from his twitter profile.
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Go to news.livecoinwatch.com
October 24, 2018 3:52 AM Nouriel Roubini, dubbed ?Dr.Doom? for his pessimism and cynicism, recently doubled-down on his efforts to bash the cryptosphere, calling this market a ?stinking cesspool.? However, this wasn?t the first time that he has slammed this nascent industry with scalding comments, as he began to attack Bitcoin in 2013 ? when BTC went for $58 a pop. It is common knowledge that NYU Stern?s Nouriel Roubini is against crypto assets and everything they stand for. Like many traditionalists, Roubini, an economist and professor, fail to understand the allure of decentralized, blockchain-issued assets. Most recently, the so-called ?Dr.Doom? took to the U.S. Senate Committee on Housing, Banking, and Urban Affairs to falsely label Bitcoin ?the mother (or father) of all scams and bubbles? and blockchain ?the most hyped tech ever.?
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Coinbase's 0x [ZRX] listing causes speculation of potential conflict of interest; hints at collusion -AMBCrypto
October 23, 2018 11:30 PM XRP breathes sigh of relief as Token Taxonomy Act redefines digital assets and amends Securities Exchange Act Nouriel Roubini takes hit on Bitcoin and others; focuses on 4,800 pump and dump schemes Bitcoin Futures Contracts get a green signal from the regulatory authorities Bitfinex announces margin trading for Tether with USD pair SEC has lost its first legal battle in its unlawful quest against cryptocurrencies, says John McAfee SEC has lost its first legal battle in its unlawful quest against cryptocurrencies, says John McAfee Bitcoin proponent Mike Novogratz: I don?t think we?re going to decentralize the whole world
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1000X Faster Blockchain Games with Generalized State Channel, try it today on cWallet [Celer Network]
October 23, 2018 6:11 PM Today, we are thrilled to announce cWallet public alpha! cWallet is a native Ethereum mobile wallet with ETH and ERC-20 support. But cWallet is also much more than just a wallet: it acts the gateway to Celer Network (testnet as of now). Through cWallet, you will enter a new world of off-chain applications that are more than 1000X faster than on-chain applications. It also serves as a reference design, so that wallet developers can easily integrate Celer Network and dApp developers can easily transform their on-chain dApp to ?cApps?. After on-boarding cWallet, you can switch to cApp tab to try out the testnet applications! When you click ?Join Celer Alpha Test?, cWallet will: 1. create a separate test wallet for you; 2. get 1 ETH for you from Ropsten testnet; 3. open a generalized state channel to Celer Network with 0.5ETH and you are all set! Once you are connected to Celer Network, you can use however many cApps for however many times without needing to open a new channel!
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The ties that bind Coinbase's listing of 0x draws scrutiny given the exchange's connections to a VC firm promising 'asymmetric info' - The Block
October 23, 2018 2:02 PM Coinbase, the digital asset exchange, has stood out as a trustworthy marketplace among a crowded field of venues. It even calls itself ?the most-trusted brand in the space? in its marketing materials. That trust has translated into more than 25 million users, according to some estimates, and a potential $8 billion valuation. Still, the Coinbase token listing process has faced deep scrutiny with suspicions of conflicts of interest and rumors of insider trading. With the recent listing of the 0x?s $ZRX token on Coinbase, The Block has unearthed new information that adds weight to arguments that the cryptocurrency exchange is still in the process of shaking off its scrappy startup roots. (0x is pronounced ?zero-eks? for those unfamiliar with the project and its token. Some have questioned whether the token is even necessary to support the goals of the project.)
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The District Weekly October 20th, 2018 district0x
October 20, 2018 9:49 PM This past week the team published our bi-weekly dev update, which includes the latest news on Meme Factory github issues, Ethlance interface redesign, d0xTasks backend test coverage, and District Registry debugging. We also published an Introduction to Blockchain Governance, which discusses on-chain vs off-chain governance, different approaches used by other projects, and finally governance within our own project and specifically for Meme Factory. Stay tuned for a big announcement at the beginning of next month. This week we have our new and improved Meme Factory Explainer video. Stay tuned for our regular community livestream every other Tuesday at 3PM PDT (10PM UTC) as a forum for discussing recent updates to the district0x Network.
Have a look at blog.district0x.io for additional posts.
Litecoin Fees to be Reduced 10x to Half a Cent with the LTC Core 0
October 20, 2018 1:39 PM Litecoin fees are about to get reduced 10 times with the new Litecoin Core launch due to a surge in its fees after Litecoin hit its all-time high (ATH) at $320. The upcoming launch of Litecoin Core 0.17 will reduce the network fees about 10 times. According to the latest medium release: ?The average transaction fee as it stands on the network is ?0.001 per KB or ~$0.05. With the announced changes that will soon become ?0.0001 per KB or ~ $0.005, half a cent and back at 2015 levels.? The Litecoin fees have been constantly on a dropping down with a few exceptions on the way as shown in the chart below:
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Litecoin Fees to lower by 10x in next Core Release
October 19, 2018 9:39 PM The upcoming release of Litecoin Core 0.17 is about to lower network fees by a factor of 10. The average transaction fee as it stands on the network is ?0.001 per KB or ~$0.05. With the announced changes that will soon become ?0.0001 per KB or ~ $0.005, half a cent and back at 2015 levels. The move taken by the core developers comes in the wake of the 2017 run up in the price of Litecoin, when the tx fees regularly reached up to and over $0.10 on average per transaction and peaking at just over $1. Core Lead Developer Adrian Gallagher elaborated on the move saying: What Determines Transaction Fees? Transaction fees are based on size (KB)of each transaction and the space that it takes up within a block. The larger the transaction data the larger the fee. It doesn?t matter the amount or value that is sent more than the number of outputs and inputs, aka the addresses on the network where coins are moving to and from that make up this transaction data. This is why someone could make a transaction for $1MM and pay $0.01 and another person sending $100 may have to pay $0.10.
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