Ethereum Is the Frontier of Financial Innovation

Aron van Ammers, Chief Technology Officer and Founder of BlockStars.io, visited the first day of the Ethereum Devcon1 and gave Cointelegraph his view of the most important problems, discussed there. We give you the text as it is. The focus of the first day of the fully booked Ethereum Devcon1 was focused on research: the future of Ethereum and related technologies. The current live version of Ethereum Frontier, is an early version of Ethereum 1.0. The focus of today's sessions was Ethereum 2.0 and beyond. The 300 attendees of Devcon1 immersed in ideas about what is yet to come. If Ethereum....

The Electronic Frontier Foundation (EFF) raised concerns about the strengthening financial surveillance through the proposed crypto regulations announced by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN). The Nonprofit Organization Is Concerned About New Rules on Self-Hosted Crypto Wallets Proposed by FinCEN According to the nonprofit organization based in the United States, the FinCEN is trying to undermine “one of the most important aspects of cryptocurrencies from a civil liberties perspective,” which can provide privacy protections for their users.....

Homestead, Ethereum’s second release, has moved the cryptocurrency beyond Beta. Experts told Cointelegraph that as a result it has improved its overall performance and encouraged more adoption by exchanges and developers. A step further from the Frontier. Ethereum has shown a pronounced growth within the world of Crypto. The first release of Ethereum named Frontier proved to become a formidable player within the industry, “Probably they will announce lower recommended confirmations for transactions. This is huge!" The release of Homestead has resulted in some significant shake-up. As we....

Counterparty, the technology for decentralized financial tools on the Bitcoin blockchain, has started running Ethereum smart contracts by porting the Ethereum Virtual Machine (EVM) to its codebase. In late 2014, Counterparty added their support to execute the Ethereum smart contracts platform on Bitcoin; however, at that time, Ethereum was in its pre-alpha stage of development, with its first major release, Frontier, not yet being announced. Of course, with both Frontier, and later, the release of Homestead in late February, the developers at Counterparty have witnessed the EVM growing....

Coins, a bitcoin startup that aims to bring financial inclusion in Southeast Asia has raised $5 million in a Series A round of funding to accelerate its effort to bring basic financial services for the unbanked in the region. Led by the Accion Frontier Inclusion Fund, the funding round also involved notable investors that includes prolific bitcoin- and blockchain-centric Digtial Currency Group former Google CEO Eric Schmidt’s Innovation Endeavors. Other investors include the investment arms of Globe Telecom and Smart Communications, the biggest telecom companies in the Philippines, making....