Ethereum Launches Long-Awaited Decentralized App Network
Eighteen months and roughly $18m after it was first announced, Ethereum has launched. Arguably the most ambitious 'crypto 2.0' project to date, and the third-largest crowdfunded project of all time, Ethereum is aiming to create a new universe of programmable contracts, powered and secured by its own proof-of-work blockchain. Grand in scale and flexible by design, it aims to decentralise pretty much anything on the Internet. "What bitcoin does for payments, Ethereum does for anything that can be programmed," the site reads. This Monday, Stephan Tual, Ethereum's CCO, confirmed in a company....
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Even for a Bitcoin Maximalist, it’s difficult to ignore the launch of a non-Bitcoin blockchain technology that raised over $18 million on bitcoin alone. Just several days ago on July 30th, the Ethereum development team announced its long-awaited and much-discussed first live release, called “Frontier,” to the general public. While Frontier – lacking any GUI and requiring exclusive use of the command line – is aimed toward developers, the release marks a significant milestone for the Ethereum team, whose goal is to create a new, decentralized Internet ecosystem realized globally via its....
Ethereum might be the darling of the blockchain world, but it’s likely that the awaited Eth2 will not attract wider mainstream adoption. Ethereum 2.0 (Eth2) is being pegged as the blockchain Messiah of Ethereum. Newsflash: it's not. The long-awaited changes are not expected to solve core issues that are plaguing the network and forestalling wider adoption.Vitalik Buterin, the brilliant mastermind behind the Ethereum blockchain, considers the personnel working with Ethereum as a bigger problem than the actual software, as he stated in a recent interview with Forkast news. While the....
The long-awaited Ethereum upgrade, the Merge, has been released. With the transition from PoW to PoS network, the Ethereum blockchain will become more energy efficient. Also, miners will cease to be the validators on the network. Instead, stakers will finally take over the validation and security maintenance role of the Ethereum blockchain. Related Reading: Why […]
ETH 2.0 is being heralded as Ethereum’s blockchain Messiah. Here’s the thing: it isn’t. The long-awaited modifications are unlikely to address the network’s basic problems, which are preventing wider adoption. ETH 2.0 Isn’t All That To address long-standing concerns with Ethereum, Ethereum’s administrators announced the launch of Eth 2.0 as a set of improvements to […]
The Ethereum 2.0 update is generating a lot of buzz and interest, and we’re getting closer to its launch than ever before. Ethereum 2.0 Goes To Testnet Testing for Ethereum’s long-awaited Merge is progressing, though not at the rate that many had hoped. Testing on Ropsten, Ethereum’s largest and primary testnet, which has the closest similarity to the mainnet, is the next key milestone in the Merge testing process. Ropsten testing will be merged on June 8, according to Ethereum client developers. Although there is no official indication on when the Merge will take place....