Sentences with phrase «working on scalability»

In the Medium post «Scaling Ethereum to Billions of Users,» Fred Ehrsham - who formerly co-founded Coinbase and now advises blockchain startups - argued that a current bottleneck is that very few developers are working on each scalability project right now.

Going forward, his team will continue working on the scalability of the patches, while experimenting with different architectures to see if there is a structure that works even better than what they have tried so far.

My view is that the network effects and mindshare of Bitcoin and Ethereum, and the caliber of the teams working on scalability solutions for these networks make it highly likely that solutions on Bitcoin and Ethereum enable widespread transaction usage of the networks.

For one thing, Axiom Zen now has a full - time team of six working on scalability.

A total of 13 projects received more than $ 2.5 million combined to work on scalability, security, development experiences, user interface study and other derivatives of the ethereum blockchain, according to a Wednesday announcement.

Not exact matches

What I have learned from many years of working with tech - enabled growth companies; on both sides of mergers and acquisitions; and angel, private equity and venture capital investments, is that accretion of IP value is the key element to supporting overall enterprise value — representing scalability in phases of rapid growth and supporting attractive multiples during the fundraising and exit phases.

We are continuing to invest in our Bitcoin infrastructure and we will be working on implementing additional Bitcoin scalability improvements like transaction batching and improved UTXO management.

The biggest bottleneck to solving scalability is the number of people working on the problem.

A look at the schedule reveals a heavy focus on security and scalability - two issues that are top of mind for developers working on blockchain projects globally.

During his work on the transaction - boosting technology Lightning Network, which he has been working on more recently at MIT, he came up with a method of adding some smart contract functionality to bitcoin in a way that he believes could preserve both privacy and scalability.

Although it has scalability issues, as all blockchains have, and has suffered from numerous attacks, it is still the second-most used and trusted crypto platform with a decent amount of global network of developers working on the protocol.

Ethereum does not intend to be a Swiss Army knife protocol with hundreds of features to suit every need; instead, Ethereum aims to be a superior foundational protocol, and allow other decentralized applications to build on top of it instead of Bitcoin, giving them more tools to work with and allowing them to gain the full benefits of Ethereum's scalability and efficiency.

«It's the culmination of a year's work on the protocol specification, and the tests show that we have built a solid protocol that delivers on the promises of high scalability, increased privacy, and faster payments,» Christian Decker, a Blockstream infrastructure tech engineer, told

Therefore, following the first Bitcoin Lightning Network white paper, published in February 2015, developers have been working on Lightning Network implementations to enable bitcoin scalability, efficient micropayments and near - instant transactions.

On January 5, 2018, he announced a subsidy between $ 50,000 and $ 1 million for any work that contributes to the resolution of the network's growing scalability issues.

The ECF announcement comes on top of last months news that the Ethereum Foundation would set aside subsidies of up to $ 1m for open - source teams working on the same scalability problem.

Note: If you aren't completely familiar with the subject of scalability or how the Lightning Network works, we recommend that you read How the Lightning Network Can Resolve Bitcoin's Scaling Issues before moving on with the rest of this article.

The Enterprise Ethereum Initiative has more than 200 members working on privacy and scalability on the Ethereum Blockchain, and the R3 Blockchain consortium announced the creation in late February of a new legal center to train lawyers in Blockchain technologies.

In his writing, Buterin identified the scalability of the Ethereum platform as a primary concern, though one that is being worked on by all innovators in the ecosystem.

While Raiden is one of Ethereum's most exciting scalability solutions, developers are working on several other projects.

Bitcache has been working on its own blockchain to solve high fee and scalability issues while still supporting Bitcoin, off - chain.