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ÐΞVcon-0 Recap
Day 1 - Monday 24th Nov - ÐΞV: Mission and Processes The first day of ÐΞVcon-0 kicked off early at 7am with the Ethereum UK communications team arriving at the venue (Ethereum Dev UG’s workspace in Kreuzberg, Berlin) to set up the 4K high quality recording equipment and arrange the...
Published on: December 05, 2014 | Source:
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From inside Ethereum ÐΞVhub Berlin
Yesterday was the first proper day of ÐΞVhub Berlin being open, following the first Ethereum internal developers' symposium ÐΞVcon-0. I want to post a few images to let you gauge the mood here. Henning, Marek, Viktor and Felix hacking on the couch
Published on: December 02, 2014 | Source:Proof of Stake: How I Learned to Love Weak Subjectivity
Proof of stake continues to be one of the most controversial discussions in the cryptocurrency space. Although the idea has many undeniable benefits, including efficiency, a larger security margin and future-proof immunity to hardware centralization concerns, proof of stake algorithms tend to be substantially more complex than proof of work-based...
Published on: November 25, 2014 | Source:On Bitcoin Maximalism, and Currency and Platform Network Effects
One of the latest ideas that has come to recently achieve some prominence in parts of the Bitcoin community is the line of thinking that has been described by both myself and others as "Bitcoin dominance maximalism" or just "Bitcoin maximalism" for short - essentially, the idea that an environment...
Published on: November 20, 2014 | Source:Gav’s Ethereum ÐΞV Update III
I'm Gavin Wood, a co-founder of Ethereum and, along with Vitalik Buterin and Jeffrey Wilcke, one of the three directors of the Eth Dev, the NFP organisation that is managing the development (under contract from Ethereum Suisse) of the Ethereum blockchain. This is a small update to let you all...
Published on: November 18, 2014 | Source:Scalability, Part 3: On Metacoin History and Multichain
Special thanks to Vlad Zamfir for much of the thinking behind multi-chain cryptoeconomic paradigms First off, a history lesson. In October 2013, when I was visiting Israel as part of my trip around the Bitcoin world, I came to know the core teams behind the colored coins and Mastercoin...
Published on: November 13, 2014 | Source:The Search for a Stable Cryptocurrency
Special thanks to Robert Sams for the development of Seignorage Shares and insights regarding how to correctly value volatile coins in multi-currency systems Note: we are not planning on adding price stabilization to ether; our philosophy has always been to keep ether simple to minimize black-swan risks. Results of...
Published on: November 11, 2014 | Source:Ethereum Community and Adoption Update - Week 1
Hi, I'm Stephan Tual, and I've been responsible for Ethereum's adoption and education since January as CCO. I'm also leading our UKÐΞVhub, located at Co-Work in Putney (South West London). I feel really privileged to be able to lead the effort on the communication strategy at ÐΞV. For the very...
Published on: November 03, 2014 | Source:Jeff’s Ethereum ÐΞV Update I
I thought it was about time I'd give an update on my side of things for those interested in knowinghow we're doing on the Dutch side. My name is Jeff, a founder of Ethereum and one of the three directors (alongside Vitalik and Gavin) of Ethereum ÐΞV, the development entity...
Published on: November 02, 2014 | Source:Gav’s Ethereum ÐΞV Update II
Well... what a busy two weeks. I thought it about time to make another update for any of you who might be interested in how we're doing. If you don't already know, I'm Gavin, a founder of Ethereum and one of the three directors (alongside Vitalik and Jeffrey) of Ethereum...
Published on: November 01, 2014 | Source:An Information-Theoretic Account of Secure Brainwallets
An important and controversial topic in the area of personal wallet security is the concept of "brainwallets" - storing funds using a private key generated from a password memorized entirely in one's head. Theoretically, brainwallets have the potential to provide almost utopian guarantee of security for long-term savings: for as...
Published on: October 23, 2014 | Source:Scalability, Part 2: Hypercubes
Special thanks to Vlad Zamfir, Chris Barnett and Dominic Williams for ideas and inspiration In a recent blog post I outlined some partial solutions to scalability, all of which fit into the umbrella of Ethereum 1.0 as it stands. Specialized micropayment protocols such as channels and probabilistic payment systems...
Published on: October 21, 2014 | Source:Gav’s ÐΞV Update I: Where Ethereum’s at
Who are you? I'm Gav - together with Jeffrey Wilcke and Vitalik Buterin, I'm one third of the ultimate leadership of Ethereum ÐΞV. ÐΞV is a UK software firm that is under a non-profit-making agreement with the Ethereum Foundation to create version 1.0 of the Web Three software stack....
Published on: October 17, 2014 | Source:Slasher Ghost, and Other Developments in Proof of Stake
Special thanks to Vlad Zamfir and Zack Hess for ongoing research and discussions on proof-of-stake algorithms and their own input into Slasher-like proposals One of the hardest problems in cryptocurrency development is that of devising effective consensus algorithms. Certainly, relatively passable default options exist. At the very least it...
Published on: October 03, 2014 | Source:Scalability, Part 1: Building on Top
Over the next few weeks, I am going to make a series of posts that is going to be a large overview of the possibilities for scalability of Ethereum, intending to create a precise understanding of the problems at bay in implementing a scalable cryptocurrency infrastructure, and where the least-bad...
Published on: September 17, 2014 | Source:crypto renaissance
“The best way to predict the future is to invent it.” Alan Kay January 3rd 2009 marked the beginning of a new era. The invention of the blockchain is a milestone in technology -- the string of characters 36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2 being justone of the side effects triggered by it. Thanks...
Published on: September 02, 2014 | Source:Software and Bounded Rationality
One of the key properties that is usually sought for in a cryptoeconomic algorithm, whether a blockchain consensus algorithm such a proof of work or proof of stake, a reputation system or a trading process for something like data transmission or file storage, is the ideal of incentive-compatibility - the...
Published on: September 02, 2014 | Source:State of Ethereum: August Edition
Development of Ethereum has been progressing increasingly quickly this past month. The release of PoC5 ("proof of concept five") last month the day before the sale marked an important event for the project, as for the first time we had two clients, one written in C++ and one in Go,...
Published on: August 27, 2014 | Source:An Introduction to Futarchy
One of the more interesting long-term practical benefits of the technology and concept behind decentralized autonomous organizations is that DAOs allow us to very quickly prototype and experiment with an aspect of our social interactions that is so far arguably falling behind our rapid advancements in information and social technology...
Published on: August 21, 2014 | Source:Secret Sharing and Erasure Coding: A Guide for the Aspiring Dropbox Decentralizer
One of the more exciting applications of decentralized computing that have aroused a considerable amount of interest in the past year is the concept of an incentivized decentralized online file storage system. Currently, if you want your files or data securely backed up "in the cloud", you have three choices...
Published on: August 16, 2014 | Source:Announcement on planned withdrawal from exodus
Now that the first two weeks of the ether sale are over, and over 50 million ETH has been sold, we intend to soon make a transaction to begin using the funds to repay loans and kickstart the process of setting up our development hubs and expanding our staff. We...
Published on: August 08, 2014 | Source:Ether Sale: A Statistical Overview
The first two weeks of the ether sale are over, and we have to date received over 25000 BTC from selling over 50 million ETH. This marks the largest cryptographic token sale to date, and with the two endowments places ETH as being the token with the 8th highest total...
Published on: August 08, 2014 | Source:Programming Society with Asm: Gavin Wood at Assembly 2014
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Published on: August 06, 2014 | Source:Ether Purchase Troubleshooting
Although we hope that the ether purchasing experience goes smoothly for everyone, we recognize that there will always be situations where things do not quite go as planned. Perhaps your internet connection dies in the middle of your purchase. Perhaps you accidentally click a back button or some link or...
Published on: July 23, 2014 | Source:Launching the Ether Sale
First of all, I would like to thank the community, and especially those close to the project who have in many cases abandoned their jobs to dedicate their time to it, for their extreme patience regarding the launch of the ether sale. We have been promising that the sale would...
Published on: July 22, 2014 | Source:Ethereum and Oracles
One of the more popular proposals for implementing smart contracts differently from the way they are typically presented in Ethereum is through the concept of oracles. Essentially, instead of a long-running contract being run directly on the blockchain, all funds that are intended to go into the contract would instead...
Published on: July 22, 2014 | Source:the ethereum project: learning to dream with open minds
“And those who were seen dancing were thought to be insane by those who could not hear the music.” Friedrich Nietzsche Ethereum as a project is more than just a technology, even if technology is at its core. In the rush of creating, co-creating and debugging everything you sometimes...
Published on: July 14, 2014 | Source:Toward a 12-second Block Time
One of the annoyances of the blockchain as a decentralized platform is the sheer length of delay before a transaction gets finalized. One confirmation in the Bitcoin network takes ten minutes on average, but in reality due to statistical effects when one sends a transaction one can only expect a...
Published on: July 11, 2014 | Source:Background on the mechanics of the ether pre-sale
During the run-up to the ether sale we will be releasing a series of blog posts regarding our development plans and intended organizational structure. Today we describe some of the background details of the ether sale module. The sale module will be displayed on our website at https://www.ethereum.org for the...
Published on: July 09, 2014 | Source:On Stake
The topic of mining centralization has been a very important one over the past few weeks. GHASH.io, the Bitcoin network's largest mining pool, has for the past month directed over 40% of the Bitcoin network's hashpower, and two weeks ago briefly spiked over 50%, theoretically giving it monopoly control over...
Published on: July 05, 2014 | Source:Advanced Contract Programming Example: SchellingCoin
Writing effective decentralized applications in Ethereum is at the same time easy and hard. The easy part we all know: rather than needing to create your own blockchain, manage complicated database code, deal with networking and NAT traversal, or any of the other complexities involving writing a peer-to-peer app from...
Published on: June 30, 2014 | Source:On Mining
Decentralization, n. The security assumption that a nineteen year old in Hangzhou and someone who is maybe in the UK, and maybe not, have not yet decided to collude with each other. There has been a large amount of ruckus in the past week about the issue of mining...
Published on: June 19, 2014 | Source:Ethereum Project Update
Development of the Ethereum project has gone very well over the months since inception. The core activity — development of the software platform — is on track and many developers around the world are starting to build small, exploratory distributed applications on the platform, even though we are still not...
Published on: June 05, 2014 | Source:What If Ethereum Lived on a Treap? Or, Blockchains Charging Rent
Although truly solving blockchain scalability fundamentally, that is to say figuring out a solution to the problem that every node must process every transaction, is a very hard problem, and all suggested solutions rely on either highly advanced cryptography or intricate multi-blockchain architectures, partial solutions that provide a constant-factor improvement...
Published on: May 27, 2014 | Source: