What is 'Enterprise Ethereum'? Details Emerge on Secret Blockchain Project
A secretive project that would aim to make ethereum more suitable for corporate users is taking shape, according to multiple sources familiar with the project. Rumored to be called Enterprise Ethereum, the exact nature of the effort remains veiled behind an unusual degree of privacy – especially so for participants who are better known for their work in more transparent open-source communities. Based on comments from sources, the group – which has the appearance of a broad consortium – intends to remain quiet until it is ready for a forthcoming public launch. Yet, word is already beginning....
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New details have emerged about a soon-to-be-launched initiative focused on enterprise uses of the ethereum protocol. Dubbed Enterprise Ethereum, the project's founding membership is said to include major financial institutions, tech giants and natural resources companies. According to sources, participating firms include JP Morgan, CME Group, BNY Mellon, Banco Santander, Microsoft, Red Hat, Cisco, Wipro and British Petroleum, among others. Blockchain startups BlockApps, Brainbot Technologies, ConsenSys, Nuco and Tendermint – as well as the Ethereum Foundation, the non-profit that oversees....
Ethereum’s price rose 7% over the past 24 hours, continuing an apparent up-trend, increasing to $14.50, up from around $10 at the beginning of the month. Price Rises in Anticipation of Enterprise Ethereum – image from poloniex The main reason appears to be Enterprise Ethereum. Details are sparse, but a launch event is to be held tomorrow, on the 28th of February, at what appears to be JP Morgan’s offices in Brooklyn, New York. According to the event’s website: “[S]ome of the largest corporate users of Ethereum will demonstrate the most mature enterprise applications of blockchain running....
An Ethereum development startup started by one of the blockchain project's original founders has raised $750,000 in pre-seed funding. Founded by former Ethereum CTO Gavin Wood, Ethcore said it raised the funding as part its bid to move forward on a product it hopes to evolve for enterprise use. Blockchain Capital and Fenbushi Capital participated in the round. Wood said that the funding will help EthCore move forward toward the 1.0 release of its Ethereum client, called Parity, and to help it create new development libraries that could be useful to the growing number of enterprise firms....
After undergoing a decline for most of the year, the Peercoin price catapulted by nearly 40% in a single day. The impressive price increase followed the announcement of a release date for a secret project that will purportedly reduce Peercoin volatility. Many investors have placed speculative investments in Peercoin, but is this a good idea? CCN examines the massive Peercoin price rise to help investors make informed trading decisions. Peershares Creator Jordan Lee Announces Release Date for Secret Project NuBits. For the majority of 2014, the Peercoin price trended steadily downwards.....
Ethereum's developers have unveiled new details about a technical fork aimed at resolving lingering network issues. Officially merged into the code of the most popular ethereum client, the new rules will trigger at block number 2,675,000 — likely to occur sometime around Tuesday of next week. The update will erase empty accounts that unknown attackers used to bloat the ethereum blockchain by way of a hard fork, a process generally seen as a dangerous way of upgrading the software (all miners will need to upgrade to the new network). But according to some developers, the reality is more....