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Ethereum Builders: A Proposed Experiment
Hello, fellow Ethereans. I am Mihai Alisie, one of the Ethereum founders, and for the past year Iβve served as the vice president of the Ethereum Foundation and as director of Ethereum Switzerland. In the early days of the project I concentrated my attention on the community side and...
Published on: March 20, 2015 | Source:
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Juttaβs update on bug bounty program and security audit
Hi, Jutta writing again β I initially introduced myself when we started the bounty program earlier this year and Iβm happy to provide you with an update on whatβs happening on the security side prior and throughout launch. We have had some high quality submissions by bounty hunters β...
Published on: March 20, 2015 | Source:Mihaiβs Ethereum Project Update. The First Year.
Into the ether Hello, fellow Ethereans. I am Mihai Alisie, one of the Ethereum founders, and for the past year Iβve served as the Vice President of the Ethereum Foundation and Director of Ethereum Switzerland. In the early days of the project I concentrated my attention on the...
Published on: March 14, 2015 | Source:Getting to the Frontier
So first some background. Weβve already covered a little about what to expect from Frontier in the Ethereum Launch Process blog postand Gav has given us a comprehensive overview of the state of the development effort. You can also read about some of the ongoing security work, including the bug...
Published on: March 12, 2015 | Source:The Ethereum Development Process
So I'm not sure if this kind of development methodology has ever been applied to such an extreme before so I figured I'd document it. In a nutshell, it's sort of like test-driven triplet-programming development. While speed-developing our alpha codebase, four of us sat around a table in the...
Published on: March 05, 2015 | Source:The Ethereum Launch Process
Iβm Vinay Gupta, the newly minted release coordinator for Ethereum. Iβve been working with the comms team on strategy, and have now comeaboard to help smooth the release process (some of the content in this blog is out of date, please see this link for the most up to date...
Published on: March 03, 2015 | Source:Gavβs Ethereum ΓΞV Update V
I was woken by Vitalik's call at 5:55 this morning; pitch black outside, nighttime was still upon us. Nonetheless, it was time to leave and this week had best start on the right foot. The 25-minute walk in darkness from the Zug-based headquarters to the train station was wet....
Published on: March 02, 2015 | Source:The Subjectivity / Exploitability Tradeoff
One of the issues inherent in many kinds of consensus architectures is that although they can be made to be robust against attackers or collusions up to a certain size, if an attacker gets large enough they are still, fundamentally, exploitable. If attackers in a proof of work system have...
Published on: February 14, 2015 | Source:The P + epsilon Attack
Special thanks to Andrew Miller for coming up with this attack, and to Zack Hess, Vlad Zamfir and Paul Sztorc for discussion and responses One of the more interesting surprises in cryptoeconomics in recent weeks came from an attack on SchellingCoin conceived by Andrew Miller earlier this month. Although...
Published on: January 28, 2015 | Source:Superrationality and DAOs
Warning: this post contains crazy ideas. Myself describing a crazy idea should NOT be construed as implying that (i) I am certain that the idea is correct/viable, (ii) I have an even >50% probability estimate that the idea is correct/viable, or that (iii) "Ethereum" endorses any of this in any...
Published on: January 23, 2015 | Source:Light Clients and Proof of Stake
Special thanks to Vlad Zamfir and Jae Kwon for many of the ideas described in this post Aside from the primary debate around weak subjectivity, one of the important secondary arguments raised against proof of stake is the issue that proof of stake algorithms are much harder to make...
Published on: January 10, 2015 | Source:Ethereum Community Survey
Back in November, we created a quick survey for the Ethereum community to help us gauge how we're doing, what can be improved, and how best we can engage with you all as we move forward towards the genesis block release in March. We feel it's very important to enable...
Published on: January 09, 2015 | Source:Jeffβs Ethereum ΓΞV Update II
Firstof all, happy new year! What a year it has been. With a little luck we'll surpass last year with an even more awesome year.It's been too long since I've given an update on my side of things and that of the Go team and mostly due to a lack...
Published on: January 06, 2015 | Source:On Silos
One of the criticisms that many people have made about the current direction of the cryptocurrency space is the increasing amount of fragmentation that we are seeing. What was earlier perhaps a more tightly bound community centered around developing the common infrastructure of Bitcoin is now increasingly a collection of...
Published on: December 31, 2014 | Source:Secret Sharing DAOs: The Other Crypto 2.0
The crypto 2.0 industry has been making strong progress in the past year developing blockchain technology, including the formalization and in some cases realization of proof of stake designs like Slasher and DPOS, various forms of
Published on: December 26, 2014 | Source:A call to all the bug bounty hunters out thereβ¦
Hi, Iβm Jutta! As some of you might have read in earlier posts, Iβve recently been busy setting up a security audit prior to the Ethereum genesis block release. Ethereum will launch following a world-class review by experts in IT security, cryptography and blockchain technology.Prior to the launch, we will...
Published on: December 18, 2014 | Source:Ethereum ΓΞV: What are we doing?
OK so a minor update about what we are (and are not) doing here at Ethereum DEV. We are, first and foremost, developing a robust quasi-Turing-complete blockchain. This is known as Ethereum. Aside from having quasi-Turing-completeness, it delivers on a number of other important considerations, stemming from the fact...
Published on: December 17, 2014 | Source:Gavβs Ethereum ΓΞV Update IV
Time for another update! So quite a bit has happened following ΓΞVcon-0, our internal developer's conference. The conference itself was a great time to get all the developers together and really get to know each other, dissipate a lot of information (back to back presentations for 5 days!) and chat...
Published on: December 15, 2014 | Source:ΓΞVcon-0 Recap
Day 1 - Monday 24th Nov - ΓΞV: Mission and Processes The first day of ΓΞVcon-0 kicked off early at 7am with the Ethereum UK communications team arriving at the venue (Ethereum Dev UGβs workspace in Kreuzberg, Berlin) to set up the 4K high quality recording equipment and arrange the...
Published on: December 05, 2014 | Source:From inside Ethereum ΓΞVhub Berlin
Yesterday was the first proper day of ΓΞVhub Berlin being open, following the first Ethereum internal developers' symposium ΓΞVcon-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:Gavβs Ethereum ΓΞV 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 UKΓΞVhub, 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 ΓΞV. For the very...
Published on: November 03, 2014 | Source:Jeffβs Ethereum ΓΞV 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 ΓΞV, the development entity...
Published on: November 02, 2014 | Source:Gavβs Ethereum ΓΞV 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:Gavβs ΓΞV Update I: Where Ethereumβs at
Who are you? I'm Gav - together with Jeffrey Wilcke and Vitalik Buterin, I'm one third of the ultimate leadership of Ethereum ΓΞV. ΓΞV 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
βThe best way to predict the future is to invent it.β 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: