Ethereum Is Building the Internet of Value

The internet entrepreneur and former CEO of Twitter, Jack Dorsey, claims if developers are building on Ethereum they have “at least one, if not many, single points of failure.” The statement was in response to Vitalik Buterin’s commentary concerning Elon Musk running Twitter. Former Twitter CEO Criticizes Projects Building on Ethereum Jack Dorsey doesn’t seem to be interested in anything to do with the Ethereum network, and last Friday he criticized the project. The Twitter conversation started when Ethereum’s co-creator, Vitalik Buterin,....

Building an internet we can trust requires trustless protocols.

The bridge allows users to transact Ethereum native assets at faster speeds with lower cost and store them directly on-chain. On Wednesday, Psychedelic, a Web 3.0 development studio building solutions for the Internet Computer, launched Terabithia, a cross-chain contract communication and asset mirroring protocol. Beginning with the Internet Computer (ICP) and Ethereum (ETH), users will have the ability to mirror and use any ETH tokens, fungible and nonfungible, on the Internet Computer blockchain and vice versa, effectively turning ICP into a layer-two scaling solution for ETH.The....

A few weeks ago Bitcoin Magazine published a report on the launch of AKASHA, a blockchain-based social network built on top of Ethereum and IPFS (the InterPlanetary File System). As a followup to the previous report, AKASHA CEO Mihai Alisie spoke to Bitcoin Magazine and said that the idea behind creating a blockchain-based social network came to him and his team as they were looking for ways to use existing technologies such as Ethereum and IPFS to solve bigger problems. The team eventually decided to select the issue of internet censorship as the problem to tackle, and the best way to....

Understanding how the internet protocol was built using layers can help paint a picture of the Bitcoin network and how it can develop in a similar fashion.