Now Buterin and
the other Ethereum community leaders are promoting a slow shift to a «proof of stake» model, where «validators» replace miners.
It's unclear at this point whether the conversation among
other ethereum community members will impact Parity's proposal, but writing on the channel yesterday, representative Afri Schoedon asked for a summary of the discussion, stating:
Not exact matches
Why do you give airtime to the prat who with the help of a few
other idiots has been instrumental in dividing the bitcoin
community and handing market share to
Ethereum and
other players?
The above - mentioned stakeholders will form the
Ethereum Community Fund, which will be responsible for offering grants to select projects on the
Ethereum platform in a move that will hopefully encourage more participation as
other stakeholders witness the success of the project.
As the
Ethereum Foundation, a large majority of developers and miners, and most
other members of the
Ethereum community adopted this new blockchain, it kept the name
Ethereum.
On a day when the cryptocurrency
community was on high alert for gags, whimsical announcements and
other tomfoolery, the creator of
Ethereum, known for pulling his own
On a day when the cryptocurrency
community was on high alert for gags, whimsical announcements and
other tomfoolery, the creator of
Ethereum, known for pulling his own pranks in the past, stepped forth with a most serious proposal: setting a cap on
Ethereum's monetary supply — which has long had no cap at all — at 120 million.
That is why it's so important that we acknowledge and support
other organizations that strive towards introducing a standard and Enterprise
Ethereum Alliance managed to do that for the blockchain
community.
Ignoring the legal implications and where each fits on that spectrum for the moment, many ICOs to - date have pandered to and exploited terms like «financial inclusion» when it best suits them.43
Others pursue the well - worn path of virtue signaling: Bitcoiners condemning the
Ethereum community (which itself was crowdfunded as an ICO), because of the popularity in using the
Ethereum network for many ICOs... yet not equally condemning illicit fundraising that involves bitcoin or the Bitcoin network or setting up bucket shops such as Sand Hill Exchange (strangely one of its founders who was sued by the SEC now writes at Bloomberg).
Within the discussion of the
community leader's proposal can be found discussion of
Ethereum price, Buterin himself,
other blockchain designs, and, of course, plenty of discussion about economic theory.
The partnership hopes to help foster a
community of
ethereum experts within Russia and to assist the formation projects based on
ethereum and
other blockchain.
While
Ethereum's financial applications may be what initially excites many people in the cryptocurrency
community, the long - term promise is arguably in the ways that
Ethereum can work together with
other, non-financial, peer - to - peer protocols.
Other products are made with the help of
Ethereum, and ERC20 tokens correspond to plastics, make - up, paint, rubber...
Ethereum is the base of an entire new industry and while there are several alternatives (Tezos, EOS, Rootstock, NEO), none of them have a developer or user
community as wide and strong as
Ethereum does.
Vitalik Buterin, the outspoken founder of the
ethereum network, has never shied away from views
others in the cryptocurrency
community might hold to be controversial.
Galaxy Digital will leverage its deep ties into Bitcoin,
Ethereum and
other protocol
communities to drive returns from four core business segments
For instance, he pointed to the centralization of
Ethereum's mining pools and the relative newness of its wallet applications as areas where it could benefit from the knowledge of
other open - source technology
communities.
Adding a bit of clarity to
Ethereum with a maximum coin supply would be greatly welcomed by both the
community and investors, who've watched the popular blockchain greatly decrease in value over the last few weeks — more so than
other major market players like Bitcoin and Litecoin.
Nonetheless, it was publicly supported by Vitalik Buterin,
ethereum's creator, as well as many
other community leaders.
There were
others from the
community that didn't want to fork, and because nothing is centralized in cryptocurrencies, they held onto the original blockchain and named it
Ethereum Classic.
Despite the rising adoption of cryptocurrencies and innovative developments being led by the bitcoin,
Ethereum, Cardano, and Litecoin open - source developer
communities along with
other blockchain projects, the lack of momentum in the price of major cryptocurrencies is fueling the price fall of bitcoin.
Nonetheless, it was publicly supported by Vitalik Buterin,
Ethereum's founder, as well as many
other community leaders.
Other chair roles are filled in by executives from JPMorgan Chase, Merck, and the
ethereum development
community ConsenSys, among
others.
The
Ethereum community is smart, vibrant, and relatively sane (i.e. seems not to be as prone to mania or hype as
other factions of crypto).
He expresses doubts at the notion that the
Ethereum community holds any obligation to The DAO and
other interesting viewpoints from security to hard - fork consensus.
The Ethfinex platform will reflect the nature of the
Ethereum community itself: building smart contracts and decentralization increasingly into everything it does and providing tools and modules necessary to interact with and contribute back to
other projects in the ecosystem.
Bitcoin's scalability issue has been haunting its developer
community since a long time and the network congestion is one of the primary reasons why crypto investors and enthusiasts started shifting to
other alternatives like
Ethereum, Ripple, Litecoin, etc..
So far, proposals are also under development from the team behind Gnosis, an
Ethereum - powered prediction market, as well as
other community groups.
The
Ethereum Foundation and
other developers in the open source development
community of
Ethereum are ready to roll out the first iteration the Metropolis hard fork proposal by next week.
Scalability In
Ethereum The limitations of
Ethereum and
other blockchains have been a subject of discussion within the developer
community for a while now.