#EthereumFoundation

[passiveincome0]

Karpeles Beats Embezzlement Charges in Mt Gox Ruling

Karpeles Beats Embezzlement Charges in Mt Gox Ruling

The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.

Per reports in the Wall Street Journal, the court’s verdict is a massive blow to Japanese prosecutors who have maintained their stance that Karpeles was guilty of embezzlement and…

[coincolumnist-dot-com]

Ethereum’s ‘London’ hardfork set to go live on testnets starting June 24

The hotly anticipated “London” Ethereum hard fork now has a set block height for three testnets — a key penultimate step toward a full mainnet launch.In a blog post on the Ethereum Foundation’s website, Ethereum core developer Tim Beiko wrote that the Ropsten, Goerli and Rinkeby testnets now have set block heights at which London will go live, with Ropsten expected to be the first at block 10,499,401, or sometime on June 24. Goerli is expected to be next on June 30, and Rinkeby on July 7. A release schedule for the all-important mainnet upgrade is still being determined, however. “As of now, only the testnets (Ropsten, Goerli, Rinkeby) have been scheduled for London. Once the upgrade has successfully been activated on these networks, a block will be set for the Ethereum mainnet and be communicated on this blog and in other venues,” Beiko wrote. The London hard fork upgrade includes five Ethereum Improvement Proposal (EIP) upgrades, but the star of the show is EIP-1559. An overhaul of Ethereum’s existing fee structure, EIP-1559 is expected to reduce gas costs for users significantly. It may also cut into miner revenues by upward of 50%, however, which has led to some grublings about a “miner revolt” that has largely failed to materialize. RELATED: Ethereum’s $1.5B options expiry on June 25 will be a make-or-break momentThe upgrade is considered to be one of many bullish catalysts on the horizon for Ethereum, not least of which is the Ethereum 2.0 upgrade. Eth2 will transition the network to a more scalable proof-of-stake consensus mechanism, which will significantly decrease the energy consumption of validation blocks. The blog post noted that such significant system upgrades to a decentralized system is a feat of coordination.“The decentralized nature of blockchain systems makes a network upgrade more difficult. Network upgrades in a blockchain require cooperation and communication with the community, as well as with the developers of the various Ethereum clients in order for the transition to go smoothly.”Source Read the full article

[newsbtc-com]

Ethereum Foundation Devs Discuss ETH2 Launch & Economics

[siberianwellnesseuropa]

Would you like to earn $ 10,000 a month?  Check out our website at our profile address .................... https://smarttradecoinworld.blogspot.com/2020/05/important-information-aim-of-this-white.html?m=1 ...................   #ethereumworldnews #ethereumtoday #ethereumtürkiye #ethereumining #ethereumfoundation #ethereumitalia #ethereumindonesia https://www.instagram.com/p/B_0ILvLnRvq/?igshid=1oeehtophktqt

[xrpvibe]

How the Ethereum Foundation Got UNICEF to Embrace Blockchain Donating to the United Nations Children's Fund (UNICEF) may turn out to be the Ethereum Foundation’s shrewdest move yet. 

[cryptoknowmics]

📢📢Ethereum is still full of risks!

Let's read out some interesting fun facts on our website under "Crypto Monk" section: https://www.cryptoknowmics.com/crypto-monk

[coindelite-blog]

Crypto Startups And Organizations To Sponsor New Blockchain Research Center At Stanford University

[jobyboughey1]

#Ethereumfoundation Strikes Deal with Russian Development Bank. https://goo.gl/KTWr6o #Ethereum #cryptocurrency

[passiveincome0]

Bitcoin (BTC) Price Watch: Important Reversal Signs Emerge

Bitcoin (BTC) Price Watch: Important Reversal Signs Emerge

Bitcoin price made a few swing moves above the $3,800 and $3,830 supports against the US Dollar.

The price managed to settle above the $3,850 level and the 100 hourly simple moving average.

This week’s major bearish trend line with resistance at $3,845 was breached on the hourly chart of the BTC/USD pair (data feed from Kraken).

The pair tested the $3,870 level and it is currently…

[gokumarketofficial]

📣 #London Hard Fork of #Ethereum Set to Arrive on #Thursday, Ushering in EIP-1559

👉 As per the Ethereum.org update, “The London upgrade is scheduled to go live on #Ethereum in August 2021, on block 12,965,000.”

👉 The #Ethereum Improvement Proposal (#EIP) 1559 will directly handle the network transaction fees, and part of the transaction fee is burned and removed from circulation.

👉 The London Fork will also introduce other EIPs, such as EIP-3541, according to an Ethereum Foundation blog post in mid-July.

👉 Ethereum’s hard fork in London is part of its Ethereum 2.0 journey – which will eventually change the consensus algorithm of the Proof of Work, or #PoW network, to Proof of Stake, or #PoS.

Learn more...👇 Web 🌐 http://bit.ly/358ywyu Android 📲 http://bt.ly/2PhGUF5   iOS 📲 https://apple.co/2DJ7bqL   & YouTube https://bit.ly/3oHXDBB   Telegram 🌐 http://bit.ly/2XgolES   Medium 🌐 https://bit.ly/3eGCaVE   Discord  https://bit.ly/3yjEkUB  

#GokuMarket #EthereumUpgrade #Ethereumorg #Ethereum2.0 #EthereumImprovementProposal #UK #LondonFork #EthereumFoundation #Exchange #Ecommerce

[marketcrypto]

Ethereum Foundation to End Funding for Internal Teams From Next Year | MarketCrypto.Co #ethereumfoundation #blockchain #bitcoin #cryptocurrency #crypto #blockchainnews #fintech #marketcrypto

[thexcrypto]

Ethereum Foundation to End Funding for Internal Teams From Next Year | TheCryptoNetwork.Co #ethereumfoundation #blockchain #bitcoin #cryptocurrency #crypto #blockchainnews #fintech #thecryptonetwork

[bitlabsco]

Ethereum Foundation to End Funding for Internal Teams From Next Year @ bitLabs.co #ethereumfoundation #blockchain #bitcoin #cryptocurrency #crypto #blockchainnews #fintech #bitlabs

[damonbation]

The Third Web #14 - Dawn of an Ecosystem: Substrate & Polkadot

Care of DFINITY I was privileged to attend the Web 3 Summit in Berlin last year. While there I interviewed Aeron Buchanan, the Executive Vice President of the Web 3 Foundation and Gavin Wood, Founder of Ethereum, Parity, and the Web 3 Foundation. These guys are two of the individuals that launched the programmable blockchain revolution and these interviews plot a course from the founding of Ethereum to their vision of the decentralized web and give us a trajectory beyond.A quick production note. These interviews were filmed in the style of the other filmed interviews on The Third Web, unfortunately the footage was lost to a dead macbook leaving only the audio. As I usually cut myself out of the filmed interviews my contribution is less geared for production.

Visit https://web3.foundation/ , https://www.parity.io/ for more information

Aeron BuchananExecutive vice president of Web 3 FoundationMasters in Computer science with a focus on engineering at OxfordWorked in filmThen completed a PHD in computer visionBecame algorytm designer

Tell us about your time at EthereumEthereum was initial excitingWent from raising interest to actually delivering and things changed a lotAareon ran most of Eth DevVery stressful

Was Ming Chan hard to work with?Came laterEventually delivery of Ethereum was on course.A CEO or COO type role was needed.Eth foundation was not doing much at the time.The plan was to transition EthDev responsibilities to foundationAfter a worldwide search Vitalik chose Ming ChanAeron transitioned out shortly thereafter

Web 3 FoundationDrives the development and deployment of polkadot.Parity is building the rust implementationThe runtime of polkadot is Parity's Substrate.

What is Web 3?Web 3 is different things to different people.To The Web 3 foundation Web 3 is the deentralized web.The Web 3 foundation aims to map out and build the technologies needed.

This seems very blockchain focussedYes, and polkadot is blockchain platformThe blockchain platform part is only part.There needs to be a large number of other components to build the decentralized web

How do you build decentralised messaging and storage?We are leaving that to others like IPFS.Proof of replication is something that people who looked at proof of storafge instead of proof of work overlooked.Whisper and Secure scuttlebutt are interesting optionsCoordination can happen on the blockchain but messaging on the blockchain is a non-starter.

When will all this stuff come together to make ausable platform?We are not yet at a stage of maturity.The technologists building all of this know we are not at the end yet.We started with scriptingMoved to scalability, reputation, messaging & everything else. We are not yet through the checklist.Polkadot takes us 95% of the way to scalabilityThe next one is reputation. No clear solution yet.

Whats the challenge with reputation?Proposals look at the result rather than the approach.Reputation is different in different contexts.There must not be an originator. Reputation must be decentralized.

Gavin WoodFounded EthereumFounded ParityFounded Web 3 FoundationLead of Polkadot.

You are also working on something called Substrate . . .Parity's gift to the blockchain building community.Geared to creating new chains easily.A turbocharger for blockchain development.Moduralized toolkit.PoS mechanisms, DAOs, balances, governance & voting mechanisms.It is as if departments of a nation state. Parity are building the templated for those departments.The biggest advancement is the ability to upgrade itselfBased on WebAssemblyRun as a blockchain engineThe blockchain's code under substrate is compiled into Wasm.

How do you upgrade?There is a state transition function that describes how the ledger changes from one block to another.In the past it only applied to smart contracts and balancesIn Substrate the blockchain stores consensus information and a blob of Wasm code that stores the blockchain protocol.The transition function uses this to determine how transition should occur.The blob can alter everything and the blob itself can be updated.

What is the importance of these kind of systems for defending personal freedom?When the internet began, the user was free. - No man born into chains.This is no longer the case. Today we need to know who, why and how we are being controled or manipulated.We know the who - Corporate interests.The why is more comp;icated - to make more money, but increasingly to capture more data for other purposes - learning, prediction, targeted advertising, memetic feedback loops, political manipulation.

How do you prevent that?Think how are they doing this?It comes down to centralizationThe fewer organisations that are used to access data and the less the individual control, the more they are able to control.We avoid this by reducing our exposure to these central points of control.We live in an economic world. This is fine on an individual level, but bad on a national scale.We need to restrict nexuses of power and make sure that power is transparent.This is what we are trying to engineer with these components of Web 3

from Money 101 https://letstalkbitcoin.com/blog/post/the-third-web-14-dawn-of-an-ecosystem-substrate-polkadot via http://www.rssmix.com/

[danielmarkharrison]

The Third Web #14 - Dawn of an Ecosystem: Substrate & Polkadot

Care of DFINITY I was privileged to attend the Web 3 Summit in Berlin last year. While there I interviewed Aeron Buchanan, the Executive Vice President of the Web 3 Foundation and Gavin Wood, Founder of Ethereum, Parity, and the Web 3 Foundation. These guys are two of the individuals that launched the programmable blockchain revolution and these interviews plot a course from the founding of Ethereum to their vision of the decentralized web and give us a trajectory beyond.A quick production note. These interviews were filmed in the style of the other filmed interviews on The Third Web, unfortunately the footage was lost to a dead macbook leaving only the audio. As I usually cut myself out of the filmed interviews my contribution is less geared for production.

Visit https://web3.foundation/ , https://www.parity.io/ for more information

Aeron BuchananExecutive vice president of Web 3 FoundationMasters in Computer science with a focus on engineering at OxfordWorked in filmThen completed a PHD in computer visionBecame algorytm designer

Tell us about your time at EthereumEthereum was initial excitingWent from raising interest to actually delivering and things changed a lotAareon ran most of Eth DevVery stressful

Was Ming Chan hard to work with?Came laterEventually delivery of Ethereum was on course.A CEO or COO type role was needed.Eth foundation was not doing much at the time.The plan was to transition EthDev responsibilities to foundationAfter a worldwide search Vitalik chose Ming ChanAeron transitioned out shortly thereafter

Web 3 FoundationDrives the development and deployment of polkadot.Parity is building the rust implementationThe runtime of polkadot is Parity's Substrate.

What is Web 3?Web 3 is different things to different people.To The Web 3 foundation Web 3 is the deentralized web.The Web 3 foundation aims to map out and build the technologies needed.

This seems very blockchain focussedYes, and polkadot is blockchain platformThe blockchain platform part is only part.There needs to be a large number of other components to build the decentralized web

How do you build decentralised messaging and storage?We are leaving that to others like IPFS.Proof of replication is something that people who looked at proof of storafge instead of proof of work overlooked.Whisper and Secure scuttlebutt are interesting optionsCoordination can happen on the blockchain but messaging on the blockchain is a non-starter.

When will all this stuff come together to make ausable platform?We are not yet at a stage of maturity.The technologists building all of this know we are not at the end yet.We started with scriptingMoved to scalability, reputation, messaging & everything else. We are not yet through the checklist.Polkadot takes us 95% of the way to scalabilityThe next one is reputation. No clear solution yet.

Whats the challenge with reputation?Proposals look at the result rather than the approach.Reputation is different in different contexts.There must not be an originator. Reputation must be decentralized.

Gavin WoodFounded EthereumFounded ParityFounded Web 3 FoundationLead of Polkadot.

You are also working on something called Substrate . . .Parity's gift to the blockchain building community.Geared to creating new chains easily.A turbocharger for blockchain development.Moduralized toolkit.PoS mechanisms, DAOs, balances, governance & voting mechanisms.It is as if departments of a nation state. Parity are building the templated for those departments.The biggest advancement is the ability to upgrade itselfBased on WebAssemblyRun as a blockchain engineThe blockchain's code under substrate is compiled into Wasm.

How do you upgrade?There is a state transition function that describes how the ledger changes from one block to another.In the past it only applied to smart contracts and balancesIn Substrate the blockchain stores consensus information and a blob of Wasm code that stores the blockchain protocol.The transition function uses this to determine how transition should occur.The blob can alter everything and the blob itself can be updated.

What is the importance of these kind of systems for defending personal freedom?When the internet began, the user was free. - No man born into chains.This is no longer the case. Today we need to know who, why and how we are being controled or manipulated.We know the who - Corporate interests.The why is more comp;icated - to make more money, but increasingly to capture more data for other purposes - learning, prediction, targeted advertising, memetic feedback loops, political manipulation.

How do you prevent that?Think how are they doing this?It comes down to centralizationThe fewer organisations that are used to access data and the less the individual control, the more they are able to control.We avoid this by reducing our exposure to these central points of control.We live in an economic world. This is fine on an individual level, but bad on a national scale.We need to restrict nexuses of power and make sure that power is transparent.This is what we are trying to engineer with these components of Web 3

from The Let's Talk Bitcoin Network http://bit.ly/2RuEoKI via IFTTT