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    Ethereum Former Chief Scientist for Experian ("Big 3" Credit Bureau) Joins Bloom as an Advisor

    November 27, 2017

    Ethereum Former Chief Scientist for Experian ("Big 3" Credit Bureau) Joins Bloom as an Advisor

    Former Chief Scientist for Experian ("Big 3" Credit Bureau) Joins Bloom as an Advisor

    Posted: 27 Nov 2017 08:56 AM PST

    Ethereum in 25 Minutes, Version MMXVII <3

    Posted: 27 Nov 2017 09:30 AM PST

    Single point of failure: Vitalik

    Posted: 27 Nov 2017 06:00 AM PST

    I'd like to start a conversation about how dependent is Ethereum on Vitalik (u/vbuterin). Those who've been around for a while know that Ethereum is much more than him. The EF is staffed with great developers, and VB doesn't actually do any production development. He works on research, mainly re hybrid Casper and scalability. Also Ethereum ecosystem is very rich and expanding everyday, with individuals, new projects & companies.

    Yet, there is an ideological & agenda-setting dependency on Vitalik, and public perception focuses extremely on his person, increased by the fact that he's really active with many projects, lots of traveling and projects (a good thing overall!). If for whatever reason Vitalik would suddenly stop or reduce his involvement in Ethereum, I think it's safe to expect a temporary stalling in progress (due to confusion and lack of direction) and a sharp fall in value of the network - in market terms (ETH price), effective use and public perception.

    This is for me the single point of failure of Ethereum. Decentralization means that points of failure are reduced by reducing centers of authority/influence and its distribution through the network + reduction of barriers to access. BTC solved this problem long time ago: disappearance of Satoshi. We cannot and we don't desire the same for Vitalik, therefore we'd need actions to reduce his influence and for redistribution of his power, without affecting the extremely high value he provides to Ethereum.

    What do you think?

    submitted by /u/aribolab
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    Streamr Brings Blockchain Reliability to IoT

    Posted: 27 Nov 2017 07:55 AM PST

    I'm forming an Ethereum meetup in Columbus, Ohio.

    Posted: 27 Nov 2017 07:10 AM PST

    Hi everyone! I'm a developer who's just getting started with Ethereum development. I've read a few white papers, an eBook, and I'm taking an Ethereum development course online right now. It's all super interesting. I'm looking for similar people in the Columbus, Ohio area to form a meetup.

    I created the meetup page just this morning, so there's no good content there. But if you're interested, please join the meetup so I can update you easily in the future.

    https://www.meetup.com/Ethereum-Columbus/

    Edit: I also created a Slack channel, since people seem to not love meetup.com:

    https://ethereum-columbus.slack.com

    submitted by /u/dansh9
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    What do you think is needed to seperate ETH as much as possible from BTC?

    Posted: 27 Nov 2017 03:58 PM PST

    Crypto-Spatial Coordinates — the open location standard on Ethereum

    Posted: 27 Nov 2017 07:30 AM PST

    First Off-Chain payment hub Ether transaction demo. We show you how a user can register with a particular payment hub, deposit ether with the hub and then perform an instant off-chain transaction with other wallets associated to the same payment hub.

    Posted: 27 Nov 2017 08:11 AM PST

    Bonded Token Pre-Sales with Dharma Protocol

    Posted: 27 Nov 2017 01:31 PM PST

    Beginner/Noob Questions Need Help

    Posted: 27 Nov 2017 11:55 AM PST

    What is Ether vs Ethereum?

    I've seen different type of "ether", is it not part of Ethereum?

    What is the ice age and how does it effect the coin cap? What is the coin cap?

    With a higher coin cap than BTC what protects store of value vs BTC or is it a different purpose all together.

    ETH seems to be in a much younger stage than BTC development and infrastructure just starting on. What are the significant advantages over BTC?

    I don't see blockchain processing time as a significant advantage because most BTC is moved off chain anyway. Correct me please.

    What is gas? I understand you pay miners to process with it? Is it a unit of ETH like a Satoshi?

    Anything else that a noob should know or articles to read are greatly appreciated.

    submitted by /u/Viveatwork
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    How the Gems Protocol Reduces Consensus by Redundancy

    Posted: 27 Nov 2017 09:45 AM PST

    Crypto to crypto transaction fees

    Posted: 27 Nov 2017 12:49 PM PST

    I have the Exodus wallet. You can transform crypto to another crypto directly in the wallet. I'm not sure if this will cost anything? What are the transaction fees in that scenario?

    submitted by /u/PM-ME-all-Your-Tits
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    Charities that accept ETH?

    Posted: 27 Nov 2017 05:40 AM PST

    Does anybody know if any big charity organistaion accepts ETH donations?

    submitted by /u/cashitter
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    Bounties are crucial for cryptocurrency mass adoption

    Posted: 27 Nov 2017 06:07 AM PST

    Is there a project for a decentralized email service on Ethereum?

    Posted: 27 Nov 2017 03:57 PM PST

    Ethereum can be used to run decentralized applications, for example Kyber Network would be a decentralized exchange, iExec would be a decentralized cloud computing service, etc. But I have not heard of a decentralized email service yet. Do you know if there is any project working on it? Would it be a good way to keep our emails confidential?

    submitted by /u/PierGab
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    50 ETH Support from Cofound.it for each Playoffs Team

    Posted: 27 Nov 2017 06:49 AM PST

    Random ERC20 Tokens in my MEW?!

    Posted: 27 Nov 2017 05:37 PM PST

    Hello all,

    I have had MEW for ~2 years now and hold my keys on LedgerNano and is where my primary holdings are kept (ETH, BAT and EOS). In the past 20 days I have been receiving random amounts of obscure ERC20 tokens such as DATAcoin, INS Promo, VIU, XENON and CAT. Where would these come from as I do not have any apps, websites, etc... connected to that wallet address. Has anyone else in the community experienced the same thing? If so, what are your thoughts? Is this something to be worried about and if so, create a new cold storage wallet with new keys? Does this mean that the wallet has been compromised? Just wondering if this is something to take extreme caution with?

    submitted by /u/runjbrun
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    Concept: A Decentralized Stable Spendable Cryptocurrency Backed By Ether

    Posted: 27 Nov 2017 04:56 AM PST

    Hello everyone

    In the past months I've been spending a lot of my time thinking how Ethereum could reach mass adoption and have products in real world interact with Ethereum and one problem came almost every time: price stability

    Every one of us wants mainstream adoption, everyone of us I bet wants to get rid of banks and to shift the transaction processing from giants like Visa or MasterCard into the hands of miners or validators, to be able to pay directly for goods or services using Ether or Ethereum-based tokens but that is far from happening without a stable and decentralized cryptocurrency.

    Most merchants wouldn't accept a currency that has the chance to loose 50% of its value in a week and they would want to buy new goods to sell around that time. and most holders wouldn't want to use Ether to buy goods when its price is not that good. Converting crypto into fiat is very expensive with very high fees...Crypto cards like Monaco or TenX convert crypto to fiat in order to pay merchants but while it's convenient it's not efficient and involves exchanging crypto and a second layer of validation handled by Visa or MasterCard which is not good, at their end they charge around 3% per transaction which is money lost by the customer/merchant.

    I strongly believe we can get rid of third parties, excessive fees and fiat by using Ethereum. We need is to create a system that will replace the old. While fiat won't be replaced anytime soon I believe this concept will speed up this process and provide a lot of advantages.

    Let's analyze Tether, each token is supposed to represent 1$ stored in their bank accounts. The fundamental problem is that it is highly centralized with a single point of failure. If the regulators decide to shut down their bank accounts the token would be worthless. Another problem is that apart from some numbers on their page I see no transparency, we can't be sure the numbers in their bank accounts match the ones on their website. Some say it's a ticking time bomb.

    A decentralized stable cryptocurrency wouldn't have this problem, All the Ether backing each token would be public and everyone could check it and no matter what the governments or regulators decide the system could still continue to work

    The basic idea is to create a decentralized autonomous organization that would issue a stable token(initially pegged to USD) when Ether is sent to a smart contract, when people want to convert the stable currency into Ether they would simply send it to the contract and it will be automatically converted based on the Ether price in fiat and that will happen in a matter of seconds.

    To stabilize the price we have to borrow some concepts from Delegating Proof of Stake. There will be a governance token for our DAO which allows the holders to vote for entities which will have the ability to input the price or Ether(or other tokens later on) and stabilize the price of the stable cryptocurrency and reach a consensus for the price by combining the inputs and penalizing and ignoring the ones who are not within some limits(for example the real price is 500$ on average and someone inputs 600$ or 300$). The holders of the governance token could vote for changing the amount of Ether for backing each stable token in order to make it stable, for example having 1.5 or 2$ worth of Ether for each 1$ worth of stable currency and what's above that limit to be distributed to token holders and the ones chosen to stabilize the price. The price of Ether will naturally appreciate over time and from there the profits will come. There could be some fees when there is not enough Ether to stabilize it.

    For the situation where there is not enough Ether to stabilize the token there will be around 30% of the governance tokens kept which will be distributed to the stable token holders just like Neo/Gas which will make the stable coin a much more desirable token to hold than Ether even when during the times where it is not stable(like in the beginning).

    This token has much more potential than simply being a stable token to trade. I envision an entire developer ecosystem around it. Being able to pay smart contracts with this stable token, protecting merchants and the regular holders from volatility and many many more.

    The whole point is to transform value from an unstable state into a stable one and the other way. Through smart contracts this could be achieved without any fraud and complete transparency

    I really want to make this system a reality but I want to see how the community perceives it, if it would really bring value and there will be people who will use it. I would appreciate any feedback(especially the negative one so I could improve the model).

    Thanks for reading all of this :)

    submitted by /u/narcis2007
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    Sporting my New Etherum Christmas Shirt this week!

    Posted: 26 Nov 2017 09:19 PM PST

    Is the long term end goal hybrid PoW/PoS or 100% PoS?

    Posted: 27 Nov 2017 05:46 AM PST

    Is microraiden scheduled to launch tomorrow? Why would ethereum ecosystem need it?

    Posted: 27 Nov 2017 04:18 AM PST

    Had a couple of noob questions about Raiden:

    1. If ethereum is meant to be like oil and not a currency why would it need Raiden or microRaiden?
    2. Is microRaiden all set to launch tomorrow i.e. Nov 28th?
    3. How do I use it, should the wallet I use and send it to support microRaiden?
    submitted by /u/Budwiser86
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    Call me a dreamer

    Posted: 27 Nov 2017 07:41 PM PST

    I have been hypothesizing this concept for nearly 2 decades and it finally hit me: Ethereum is the answer. I cannot give away my idea, but I need developers who are interested in impacting the world to help me with a non-profit ICO. Here is what I feel I can share:

    1. The total coin supply will be limited to the approximate population of the earth. Since many people don't have internet access it will be understood that there will be many unclaimed coins. Since we cannot know the exact population of the earth the coin supply will at no point in time exceed the estimated population of the earth.
    2. No being will be allowed more than 1 coin or less than one coin; there are no fractions of a coin. Adding new coins does not dilute the value of the coin because coins cannot be resold or transferred and therefore have no value since one of the underlying necessities to value is transferrability. This will probably be among the most burdensome of concepts to the developer, however, there is no motivation whatsoever for a coin holder to hoard valueless coins that can't be transferred.
    3. The total cost of the coin is exactly what someone is willing to pay for it. The amount they are willing to pay is based on both the value they put on what the coin represents as well as what they can afford. If they can only afford 1 cent, so be it, that will buy their coin. Bill Gates may contribute 1 billion, some homeless person may spend 1 cent. Most people won't even be interested.
    4. The project is intended to be humanitarian.
    5. It can change the world.
    6. It can be huge.
    7. You will feel good about yourself if we try and fail, but we won't.

    Please message me for additional information. I can pay you but the right person probably won't require pay. If Ethereum is BitCoin 2.0 then this coin is Altruism 2.0.

    Naysayers, move along, please.

    submitted by /u/SayUncleDaddy
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    Rinkeby faucet not working

    Posted: 27 Nov 2017 06:38 AM PST

    Hey guys,

    can someone spare me some rinkeby ether? (5 ether max should be enoug) > 0x9B1242E41CD4d7Cd283a20890d1842E67b8237E0

    The rinkeby faucet seems to be not working.. :(

    submitted by /u/viaGalactica
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