• Breaking News

    Thursday, November 30, 2017

    Ethereum µRaiden has now officially been deployed on the Ethereum main net!

    Ethereum µRaiden has now officially been deployed on the Ethereum main net!


    µRaiden has now officially been deployed on the Ethereum main net!

    Posted: 30 Nov 2017 02:43 PM PST

    The DAppening is almost upon us - 2018 will be a transformative year for Ethereum!

    Posted: 30 Nov 2017 03:51 AM PST

    We're all here because we believe Ethereum has utility.

    However, much of this utility up until now has been speculative. There haven't been many apps we can point to which highlight Ethereum's real-world use case. EtherDelta was a great first step, but its primary function is to speculate on the utility of the platform rather than to use Ethereum for some function external to itself.

    But we are now at the dawn of a new era of Ethereum's growth. The first wave of long-awaited applications recently launched or are about to come online. This marks the transition from speculative utility to genuine utility and will begin the realisation of Ethereum's vision.

    Here I try to compile a list of what those applications are. If I miss any, please add them in the comments. (Note: not all are strictly DApps, but all use Ethereum smart contracts as a core part of their functionality).

    • Augur - A decentralised prediction market which allows people to place bets on the likelihood of future events. Prediction markets use the "wisdom of the crowd" to more accurately predict things like election outcomes than traditional polling. Status: Undergoing internal audit and finishing UI.

    • Basic Attention Token - A project which aims to disrupt online advertising by rewarding users for their attention. Status: Live in the Brave browser and usable with Youtube.

    • CryptoKitties - Collect, breed, adore and trade a cryptokitty. Why? Because who wouldn't want a digital pet. Tamagotchis for the age of smart contracts. Status: Live right meow.

    • Digix - A means of buying, holding and trading tokenised gold on the blockchain. Status: One week from code freeze.

    • Etherisc - A decentralised insurance application. Insure your flight against delays or your crops against adverse weather. Status: Launched beta product for DevCon attendees.

    • FunFair - A blockchain casino for provably fair gambling. Utilises "fate channels" to take transactions off-chain and instant. Status: Live on testnet.

    • LocalEthereum - An app which allows people to enter and exit the Ethereum ecosystem by facilitating P2P trade between ETH and fiat currencies. Status: It went live recently and has nearly 6k transactions on its escrow contract.

    • MakerDAO - A stable token that can facilitate economic activity on Ethereum without the problem of platform volatility. A bit like Tether - pegged to USD (not the IMF's SDR, as I previously stated), but with provable collateral. No trusting Bitfinex! Status: Launching in December.

    • Melonport - A platform that allows people to build and manage hedge funds on Ethereum. Status: Undergoing final checks before going live.

    • Populous - A smart contract built to facilitate securitised P2P bridging loans for companies waiting for invoice payments. Status: Public beta in Q4.

    • Request - A layer on top of Ethereum that enables the creation and tracking of invoices and request for push payments. Status: An early version will be launching on mainnet Q4 2017.

    Disclosure: I don't own a stake in any of the apps mentioned here other than by holding ETH, which I think will benefit from their success.

    Edit: Additional apps suggested in comments with recent or near-term launches. I have left out apps that I cannot find a recent status update for. If you make suggestions please link to recent status.

    • adToken - An app that uses economic incentives to encourage users to clean up fraud in the online advertising industry. Status: Live on testnet, mainnet launch April.

    • Akasha - A decentralised publishing platform that bridges Ethereum and IPFS. Status: Alpha released a while ago with beta signups happening right now.

    • Decentraland - A virtual reality game that seems to be a bit like Minecraft, but the world is entirely public and you can buy land. Status: They are having their terraforming event soon, which will grant land to owners.

    • Etheroll - A slightly older app, Etheroll is a provably fair dice game. Status: Live.

    • ETHLend - A platform for securitised P2P loans on Ethereum. Status: Live, but with a lot of development on the roadmap.

    • Fizzy - A lot like Etherisc mentioned above, but this time brought to you by the insurance giant AXA. Status: Beta product operational on mainnet.

    • Giveth - A charitable app that helps people create, govern and donate to Decentralised Autonomous Communities (DACs). Status: Launching March 1st.

    • iExec - Decentralised cloud computing on Ethereum. It will initially provide off-chain computing power to resource-intensive DApps. Status: V1 launched earlier this month.

    • Maecenas - An app that let's you buy ownership stake in artwork. Status: Private beta launch coming Q1 2018.

    • SALT - A lending application that allows you to use your blockchain assets as collateral. Status: December 2017.

    • SmartBillions - A decentralised Ethereum lottery. Status: Live on mainnet.

    • StatiCoin - A stable token DApp that works against 5 different currencies. Status: Live on mainnet.

    • Tokit - A project from the blockchain entertainment studio SingularDTV, Tokit is a rights management app that let's people in the entertainment industry raise funds and tokenise their work to give rewards and revenues to followers. Status: Live.

    submitted by /u/AlexanderSupersloth
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    A high level and non-technical explanation of what Ethereum is for people who aren't programmers.

    Posted: 30 Nov 2017 09:45 AM PST

    I made a post here: https://www.reddit.com/r/ethtrader/comments/7ggsfu/if_and_that_is_an_if_we_are_entering_a_correction/dqjbuju/

    And many of you suggested making this it's own thread, and I will repost it below. I know there is a lot of information out there about Ethereum, but a lot of it is honestly not designed or written to be read by people who are not programmers or computer scientists. Since Ethereum is under active development, and is only just getting started, I've found material that explains things at a higher level is lacking or just plain completely missing. Below is my explanation that I hope can help you investors in this technology understand exactly what it is you're investing in. Ethereum is not Bitcoin - far from it. I hope this will clear things up, especially for those investors that just blindly buy token sales for products or solutions that are actually not even possible or would make no sense to use Ethereum for. Unfortunately it seems like 8/10 token sales at the moment fall under this (you know... meme-tier bootstrap.js website)

    As high level and as layman like as I can make it:

    When you buy Ethereum, you are buying "work units" in a massive super computer and cloud network spanning the entire globe. ETH, although it can be exchanged for currency or used as currency, is actually used to incentivize nodes on the Etherum network to process information and data for you. This is called gas, paid in fractions of an ETH 'coin' (like 0.00000010 ETH). This is unlike with bitcoin, which is intended to be used purely for financial transactions. Ethereum can do that too, but it can also say, run javascript-like code on a webpage - or host static content like image files. Now instead of paying Amazon or Google Cloud Services hundreds of dollars per month in hosting a virtual machine (basically a server within a server), you can host entire websites for PENNIES per month, or even a one time cost of just a few cents! Storing or changing the data costs money, but it's a one time cost. Retrieving the data is free. This is where smart contracts come in. If you need to store "memory" on the blockchain, contracts do that. It only costs money to write in or change that data - or to do something with that data. Not to retrieve it. So say if you host an image on the Ethereum blockchain through the SWARM protocol, users can retrieve that data by pointing to it's hash. Really the website administrator would do this, and you'd have no idea. You'd load images from the Ethereum network in your browser without realizing it. It looks/acts/behaves like a normal website, but underneath is a series of extremely complicated mathematics (aptly called mathemagic) that make the most widely used encryption today look like crayon drawings.

    Now say if your code used memory, like having a number field in the web page and then displaying double that number, you would have to send data to that smart contract and it would store the data in memory, then do work with it and finally output the result. The parts that cost gas are the storing and doing. Now say if the user wants to recall the calculation they made a minute ago, or submits the exact same number as before. They can do this without needing to resubmit to the contract, all history is stored within the blockchain. That previous transaction will be recorded there forever. So as more things are done on the blockchain, the more efficient computing becomes. You only have to calculate or do the thing once. And never have to waste precious CPU time again. You can simply recall that previous transaction. Never before with computing has something like this even been possible, and for us tech guys the concept is just mind blowing. It has so many applications and will completely disrupt and overthrow big cloud providers today. We're talking slashing IT operating costs by 90%. In the applications I have developed for it, I was able to make websites that would normally cost $120 a month to host down to just a single one time cost of $0.12 to host static content and $7 a month for the rest. It's like watching the rise of the internet all over again for those 'in the know'.

    Next time you buy Ethereum, or sell it - remember what you're actually trading. Bitcoin ain't got nothing on what Ethereum is about to become. And all those people who are just buying it for investment just don't know what the hell they're sitting on top of. If bitcoin is digital gold, Ethereum is digital black-gold. And you just accumulated it before the next industrial revolution.

    I hope I was able to keep it within the realm someone non-technical can understand. If you have any other questions, I'll be happy to answer all you can throw at me. There's a whole ton of information out there on Ethereum, but most of it isn't aimed or written for the 99% of people who aren't programmers.

    submitted by /u/Mirrory
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    Raiden Network Releases µRaiden: Gateway for Ethereum 2.0

    Posted: 30 Nov 2017 03:20 PM PST

    Play Pokereum; Ethereum decentralized Poker. Pre-sale only project & bonus SUP tokens inside for UX review.

    Posted: 30 Nov 2017 11:32 AM PST

    We have released our Pokereum DAPP UX before final integration of our technical mental poker solution (shadow poker). We are giving bonus tokens to UX reviewers, who are also backers of the project holding presale SUP tokens. You can play with the UX here : Pokereum Demo .

     

    Double your SUP token for UX review .
    Leave feedback here : https://goo.gl/forms/zneJgczI6eQvXR842 .
    Remember to provide the address used in acquiring SUP tokens. An equal number of tokens purchased will be awarded to you in our bounty system : http://supbounty.superdao.io/ .

     

    Get pre-sale SUP .
    IF you do not have SUP tokens go here to get some in the pre-sale : Get discounted Superneum ( SUP ) tokens .

     

    We also have a blog update on it here : .
    Pokereum blog update .

     

    45million tokens or 45% to be mined by Pre-sale SUP owners .
    Owners of SUP tokens now will be able to mine 45% of all tokens using SUP as stake in the near future. Learn more here: SUP Token Blog update

    submitted by /u/Innovator256
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    Raiden mainnet release probably in coming hours! 96% complete!

    Posted: 30 Nov 2017 02:22 PM PST

    Introduction to Vynos - in-browser micropayments wallet

    Posted: 30 Nov 2017 04:33 PM PST

    Week In Ethereum News, November 30 Update

    Posted: 30 Nov 2017 10:16 AM PST

    $150,000 USD total prize for the most innovative dapps to be registered on the upcoming iExec Dapps Store!

    Posted: 30 Nov 2017 03:22 AM PST

    CEO Henri Pihkala presents Streamr at Aragon Meetup in Helsinki

    Posted: 30 Nov 2017 07:32 AM PST

    Fantastic Video: Intro in Ethereum Dapps

    Posted: 30 Nov 2017 07:56 AM PST

    Working With Novogratz to Bring Liquidity to Decentralized Exchanges

    Posted: 30 Nov 2017 12:21 PM PST

    Micro Raiden scaling solution released!

    Posted: 30 Nov 2017 03:32 PM PST

    The company that won prestigious award just few months ago is now ready for the next big step!

    Posted: 30 Nov 2017 01:22 PM PST

    Am I missing something? Ethereum vs Bitcoin

    Posted: 30 Nov 2017 03:10 PM PST

    I just discovered how incredible ethereum is, and how it's more than just a currency like bitcoin.

    So why is the demand for ethereum so small? Is it just because it didn't YET go as mainstream as bitcoin?

    submitted by /u/my08m3
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    Chris Waclawek just joined the Golem Project

    Posted: 30 Nov 2017 08:48 AM PST

    District Proposal Spotlight — Bounty0x: The Bounty Hunting District

    Posted: 30 Nov 2017 12:23 PM PST

    Etherparty and Polymath Combine Forces

    Posted: 30 Nov 2017 04:28 PM PST

    How Blockchain Is Breathing New Life Into Virtual Real Estate - Decentraland

    Posted: 30 Nov 2017 12:31 PM PST

    New TX ATH (and sorry, had to stay true to the style)

    Posted: 30 Nov 2017 07:27 AM PST

    [support] I am taking a course on Ethereum, and I cannot for the life of me figure out how to begin mining

    Posted: 30 Nov 2017 07:16 AM PST

    In the course, we are suggested to use Mist. Once the blockchain is synced, there is a button Develop->start mining that he lectured presses to start mining. However, on my mist, the only button says "sync with lite client".

    So, unable to begin mining there, I downloaded Parity and ethminer and tried to connect the two. But the parity Mac installer doesn't install the command line tools, so I can't do any mining.

    I would be really appreciate if someone could point me in the right direction!

    submitted by /u/fenwalt
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    Development Update #3 — Nov 2017 – 0x Protocol

    Posted: 30 Nov 2017 12:23 PM PST

    Cofound.it Playoffs: 6 teams, 6 crowdsales - Live!

    Posted: 30 Nov 2017 08:01 AM PST

    [development support] Trying to create a multisig wallet.

    Posted: 30 Nov 2017 07:52 AM PST

    I want to create a multisignature wallet. For that purpose I am using the multisignature wallet here: https://github.com/ConsenSys/MultiSigWallet/blob/master/MultiSigWalletWithDailyLimit.sol

    It was deployed here exactly as it is in the github link.

    As you can read from the contract, the owners of the wallet contract are 0x9f7dfab2222a473284205cddf08a677726d786a0, 0x5210c4dcd7eb899a1274fd6471adec9896ae05aa, etc...

    And the number of required signatures is 3.

    I don't understand how these are the owners of the contract if this is not hardcoded in the contract... I don't know where the required number of signatures is specified neither... I want to deploy this contract myself and change the addresses and the number of required signatures.

    I have deployed an ERC20 token before and I hardcoded the parameters in the .sol file and deployed it in https://remix.ethereum.org/ but I don't know how to pass constructor arguments if they are not hardcoded. I tried to deploy this contract with https://remix.ethereum.org/ but I get the error the amount of gas is infinite?

    creation of browser/test.sol:MultiSigWallet errored: Gas required exceeds block gas limit: 9999999999999999999999999. An important gas estimation might also be the sign of a problem in the contract code. Please check loops and be sure you did not sent value to a non payable function (that's also the reason of strong gas estimation). 
    submitted by /u/johnturtle
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    Implications of ERC #780 and Regulation in Crypto

    Posted: 30 Nov 2017 11:50 AM PST

    ERC #780 was recently opened yesterday by Joel Torstensson at consensys. He brought forward the concept of a Ethereum Claim Registry. The idea is you are able to create a contract which can make claims about others. You have 4 values:

    • The issuer (who adds the claim into the regsitry)

    • The subject (who the claim is regarding)

    • The key (what the claim is e.g. "credit score", "points", or "status")

    • The value the bytes 32 value for the key

    At first this doesn't seem like much, however, this can be used to create a massive blacklist of addresses to prevent exchanges from buying crypto from hackers or others who used illicit means to acquire these. Governments can simply create this list and create regulations requiring all cash to crypto transactions to require a registry check.

    Obviously before ERC#780 nothing stopped governments from imposing such limitations but it definitely opens the door a little bit more.

    Obviously there are many more uses for a registry like this but this made me think and I want to know if you think this is a possibility?

    submitted by /u/Bearist
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