Ethereum

Ethereum’s First Production Scaling Project Is Here – But With a Catch

A TechStars-incubated startup has launched what looks like the first production-ready platform designed to increase the capacity of ethereum. Called Loom Network, the little-known company is today releasing a developer toolkit that makes it possible to deploy scalable ethereum apps on the second-largest cryptocurrency network, effectively leapfrogging ongoing efforts such as Raiden Network and Plasma. For network users, the timing of the release couldn’t be more welcome. Scaling has long been top of mind for stakeholders of major cryptocurrencies, and on [...]

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Video: Joe Lubin on Building One of Blockchain’s Biggest Companies on Ethereum

This article is an entry in CoinDesk’s Most Influential in Blockchain 2017 series. Blockchain may be an early-stage technology, but it’s big business already. In this video interview, ConsenSys CEO, and one of CoinDesk’s Most Influential people, Joe Lubin discusses his company’s explosive growth, the value of cryptocurrencies and the social impact of his startup’s work. How do we go from analog to digital finance? And what does this distributed future look like? Read our featured article here or hear his story in his [...]

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Mike Novogratz Doubles Down on $10,000 Bitcoin Prediction

Billionaire and ex-fund manager Mike Novogratz has restated his belief that Bitcoin will end the year at $10,000, adding that ethereum could close at $500. Speaking with Bloomberg Daybreak: Americas yesterday, Novogratz said that “I think we’ll hit a new high soon … we’ll end the year at $10,000 in Bitcoin.” Ethereum, the second largest cryptocurrency by Market value, will also reach a new high soon of “close to $500.” He said: “There are a lot of positive things happening in the ethereum ecosystem.” Novogratz further played down [...]

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Ethereum Developers Optimistic Ahead of Byzantium Blockchain Fork

Ethereum’s core developers assembled yesterday for a final scheduled meeting before the blockchain network, the world’s second-largest by total value, undergoes its next upgrade, expected on October 16. Held via Google Hangouts at 14:00 UTC, the discussion centered on ensuring all ethereum clients upgrade their software in unison so as to avoid any unintended splits. For the fork to occur across all nodes uniformly, clients need to include the necessary changes that accompany the upgrade – called Byzantium – as well as the trigger [...]

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