One Block Team

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Experimental Voting Effort Aims to Break Ethereum Governance Gridlock

When people think of ethereum, they generally think also of the protocol’s developer Vitalik Buterin, now – off his creation – a multi-millionaire. No doubt, Buterin is a leader of sorts for the community, even if decision-making is somewhat decentralized. And above that, ethereum’s most active developers have a significant... Read More

One Block Team

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Ethereum Devs Publish Upgrade Proposal To Move Network Away From Mining-Related Issues

Developers of Ethereum (ETH), the largest altcoin by market capitalization, have published Ethereum Improvement Proposal (EIP) #1011 on Friday, April 20, to create a hybrid system of consensus that seeks to push the network away from issues associated with crypto mining. The proposal consists of specifications for implementing the Hybrid... Read More

One Block Team

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The Code for Ethereum’s Consensus Change Is Now Ready for Review

New code written to change the way the ethereum network reaches consensus is now ready for review, developers said Friday. Ethereum improvement proposal (EIP) 1011, known as Hybrid Casper FFG (short for “Friendly Finality Gadget”), would implement the first step in a long-planned shift away from the energy-intensive mining process... Read More

One Block Team

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A ‘Yelp for Weed’ Startup Is Launching Its Own Ethereum Token

Cannabis social networking platform MassRoots is developing a crypto token and other blockchain-based applications for its ecosystem of more than one million users. MassRoots outlined its vision in an annual report filed with the Securities and Exchange Commission on Tuesday, adding that it formed a subsidiary – MassRoots Blockchain Technologies... Read More

One Block Team

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New Ethereum Tech Calls on Slavic Gods for Security

The Slavic god of lightning, Perun, is entering the ethereum ecosystem (in spirit at least). Inspired by bitcoin’s lightning network, a group of researchers hailing from Warsaw have unveiled a new white paper entitled “Foundations of State Channel Networks,” which outlines a protocol designed to help ethereum scale to support... Read More

One Block Team

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Vitalik Opposes Fork to Disable Ethereum ASICs

Vitalik Buterin is coming out against a proposal that would find the blockchain he created changing its software to limit the performance of mining hardware designed to yield a greater cut of the network’s rewards. Issued in a biweekly developer meeting Friday, Buterin’s comments come in response to the launch... Read More

One Block Team

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Ethereum ASICs Are Here: What Happens Next?

ASIC-resistant no more? That’s the question circulating Tuesday in the wake of news that Bitmain, the China-based maker of hardware specialized for cryptocurrency software, had developed a new “ASIC” mining chip designed specifically to process ethereum transactions and claim the protocol’s rewards. Bitmain confirmed the release of its Antminer E3... Read More

One Block Team

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Vitalik: Ether Limit Is a ‘Joke’ Worth Taking Seriously

Just trolling – but maybe we should do it anyway. That’s the gist of a tweetstorm Monday from Vitalik Buterin, in which the ethereum creator said his proposal to create a hard cap on the supply of ether tokens was intended as an April Fool’s “meta-joke.” While he said he... Read More

One Block Team

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Sharding Is Already Ushering in Radical New Ethereum Designs

So-called “sharding” may still be theoretical, but the promising implications of the concept are becoming more and more real. At least that’s the case on ethereum, where developers are beginning to see the scaling solution, which would essentially split the blockchain into parts that would run on different servers, as an... Read More