Mt Gox-style Collapse of DAO: Ethereum Platform Is a Failed Experiment, Says Blockchain Expert
The world of cryptocurrencies has just opened the Pandora's box through the recent incident where an attacker was able to remove funds to a Child DAO. The story progresses rapidly due to the use of smart policies contracts in real life. A live interview between Andreas M. Antonopoulos and two well-known lawyers, Brian Klein and Pamela Morgan, as well as Taylor Gerring, a Blockchain Consulting Expert for Ethereum, discussed this revelation. On Twitter, the hashtag #ltbdao saw many asking questions about the situation that arose following the publishing of a letter from the attacker to the....
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Fresh from launching its Ethereum-powered blockchain platform for customers of its cloud platform Azure, Microsoft has revealed it intends to add Ripple, an interledger protocol to its blockchain-based toolkit. Microsoft originally made the announcement to offer an Ethereum-blockchain solution for its customers after striking a partnership with ConsenSys toward the end of October. The objective was simple. Collaborate with the Brooklyn-based startup to grant Microsoft's enterprise users the necessary tools to use the Ethereum Blockchain-as-a-Service (BaaS). The applications would allow....
The vDice Crowdsale (ICO) starts on November 15th. VDice Announces ICO. ICO on Ethereum people are taking note of the platform. The vDice team have created the world’s 1st live, working, fully decentralized gambling platform. Using the power of Blockchain and Ethereum Smart Contracts, it is a new paradigm in online betting. There are few live, working Dapps on Ethereum, processing transactions securely. People want to know how vDice works and how it is secure. The vDice team has responded. They have published a full, independent, 3rd party code audit. The audit was conducted by blockchain....
With its partnership with software production studio ConsenSys, Microsoft has launched an enterprise solution in the form an ethereum-powered blockchain. The platform will be available to customers of Microsoft's cloud-based platform - Azure. Computing behemoth Microsoft has confirmed the launch of its previously announced cloud-based blockchain platform. With the reveal, Microsoft now notes the new technology will specifically help financial institutions with tools to experiment with blockchain technology on its Azure platform. The news was revealed during the currently ongoing DevCon....
Bitcoin.com caught up with the founder of Veritaseum Reggie Middleton who shared his thoughts on the higher Bitcoin price, The DAO’s proposed fork “bailout,” and why the Euro is doomed following Brexit. Middleton is known for making predictions about the crash of markets and large financial institutions long before they occur. He has been called....
Blockchain startup R3 has revealed the completion of a new test that involved a total of 11 banks connected to a peer-to-peer decentralized distributed ledger. The experiment is likely to figure among the earliest examples of multiple banks using a distributed ledger to exchange value, successfully. In a press release today, R3 co-founder Todd McDonald has announced the completion of a distributed ledger experiment where 11 global banks participated in the simulation of exchanging trades and value on an R3-managed distributed ledger. Each bank was connected to a private, R3-managed....