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    Ethereum How can a 14 year old get into crypto

    December 16, 2018

    Ethereum How can a 14 year old get into crypto

    How can a 14 year old get into crypto

    Posted: 16 Dec 2018 10:43 AM PST

    My CS teacher at school has been teaching us about Crypto (his portfolio is worth a lot more than I'll ever get to). He's also been teaching us about the blockchain technology quite a bit and I'm one of the few who've coined into it.

    I have quite a lot of questions - where can I buy ether? Is there any way that I can get it cheap? What are the safest wallets to use? What's the best way to go if I'm just going to hold for a long time.

    I might start using my pocket money from my parents to buy a certain amount a week but don't know where I could do small amounts - let's say $10 . Christmas is coming up so I might take advantage of the extra money I'll be getting

    [EDIT] After looking at some messages it looks like I'd find it good to learn how to code. What's good to learn how to code with crypto (I guess with ether)

    submitted by /u/ItsMalefis
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    A Peer-to-Peer Messaging Service Built on Ethereum

    Posted: 16 Dec 2018 03:04 PM PST

    I'd like to share some work I've been doing relating to Ethereum for the last few months, just if it's something anybody finds interesting. I'm sure it's not the first time something like it's been done, but for a research project I designed a very simple email-like protocol that uses a set of smart contracts for storing/retrieving messages and handling user management. Essentially, the client encrypts a message and submits it as a transaction to the blockchain as a specific data packet that can then be queried and downloaded by the intended recipient of the message. My major rationale was to bring my university's research attention to the computing capabilities of Ethereum, which is still a very new frontier for the institution.

    The source and documentation are located at https://github.com/Romulus10/blockchain_message if anybody has any particular interest in looking through.

    submitted by /u/Romulus109
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    Swiss Government strengthens Crypto Valley with commensurate approach to regulation

    Posted: 16 Dec 2018 01:37 AM PST

    Smart Contract Security Newsletter Number 8 -- Maurelian

    Posted: 16 Dec 2018 07:14 PM PST

    We first met at the Status hackathon in Prague and now we have shipped this charity Christmas dapp in less than a month. Check it out on Mainnet now!

    Posted: 16 Dec 2018 09:02 AM PST

    PayPal nibbles around the edges of crypto with two new updates

    Posted: 16 Dec 2018 05:46 AM PST

    0x Protocol responds to the DDEX fork

    Posted: 15 Dec 2018 11:44 PM PST

    Towards on-chain non-interactive data availability proofs - Ethereum Research

    Posted: 16 Dec 2018 07:05 PM PST

    Mintable will mint you a ERC-721 discount card that has 100% off ALL FEEs for life - just for supporting their development

    Posted: 16 Dec 2018 07:03 PM PST

    Write once, share anywhere. My open source tool to run and share any contract at a click!

    Posted: 16 Dec 2018 07:03 PM PST

    Site: https://xcontract.herokuapp.com/

    Example contract: https://xcontract.herokuapp.com/api/0xf230b790E05390FC8295F4d3F60332c93BEd42e2

    Github: https://github.com/AlphaWallet/xcontract

    Also thinking to link it up to a decompiler so you can get part of the abi by querying the server!

    submitted by /u/Bitman321
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    Is there somewhere that lists all the ethereum contract addresses and explains what the contracts do? I am looking for a specific one but also curious to see others active.

    Posted: 16 Dec 2018 05:22 AM PST

    Is there somewhere that lists all the ethereum contract addresses and explains what the contracts do? I am looking for a specific one but also curious to see others active.

    submitted by /u/Aszaszasz
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    The case for Ethereum next year. Why i dont think proof of stake is going to happen by Q1 2019.

    Posted: 16 Dec 2018 05:34 PM PST

    EDIT: I meant to say Q2 2019 in the title, sorry gang.

    So I was curious about how much longer it might take for the devs to produce a version of Ethereum that is proof of stake. I have heard the devs like Vitalik say publicly on many occasions even in 2016 that "proof of stake is sooooo close its probably 6-12months away". But as we all know a lot of technical issues cause delays and the path isnt always as clear as it seems. So since Vitalik and gang think POS will happen soon "again", i began to research far and wide and to listen to many community members inside who are punting hard to get the tech out the door.

    Justin drake who is a lead ethereum sharding reasearcher recently was on the epicenter podcast where he discussed Serenity/Ethereum 2.0 and the developments that have happened over the past year. Heres a link to the talk its an ear opener. https://epicenter.tv/episode/263/

    In the talk justin explains the three layers of development that have to be tackled before we can have a sharded and scalable, proof of stake Ethereum. They are: Layer 0 - Beacon Chain Layer 1 - Sharding and proof of stake Layer 2 - EVM rehaul and EWASM compatibility

    The idea is that layer 0 "the beacon chain" will be responsible for generating pure randomness and keeping track of validators deposits and which shards they are validating. The beacon chain can be imagined as the decentralized high court that can punish proof of stake shard validators for acting bad. The current plan for the beacon chain is to introduce a new form of randomness generation scheme based on RANDAO. It will however include the necessary introduction of VDF's, (verifiable delay functions) and BLS signatures rolled into an algorithm that is extremely hard to try and game. In order to power this randomness generation the devs have begun to look at deploying a special type of ASIC chips that can generate VDF's from other nodes VDF's and nodes can communicate in order to send around random numbers to further randomize until just one number remains and is selected to decide which shards should be assigned to which validators. This is to prevent validators from knowing who else will be in their shard for a particular round and make it impossible to collude or perform cartel attacks. As long as one single honest ASIC is running, then the protocol will remain secure. So this system of ASICS is very different to Bitcoins and there will be far less of them then bitcoin has. It wont cause a huge negative impact on the environment like bitcoin Asics do.

    This layer 0 is where most of the intense complexity and deep thought has gone into design and i would say it was the main focus and where most of the time of 2018 has been spent for developers so far.

    The only issues that i can forsee with this set up is we are in the middle of December and so far we have no ASICs developed to power the beacon chain... Let that sink in.

    Justin Drake has spoken about how they are currently speaking with other cryptocurrency projects seeking to use VDF ASICS in their protocols such as Filecoin and IPFS. The foundation could split the costs of paying for the development of state of the art ASIC hardware with the Filecoin project and they can reduce their costs by 50%, they are also seeking out other projects who may be able to aid in funding the asics to reduce the costs.

    Who knows how long its going to take to research, design, manufacture and distribute these ASICS to community members in a transparent and distributed manner? I am guessing it will take at least another six months for them to get this VDF ASIC rolled out and that makes me kind of worried that other projects like Dfinity, Rchain and Zilliqa might just put out some of the best kit in the next two to three months and eat up a lot of the remaining confidence in Ethereum.

    Just thought i would talk about this ASIC development, as nobody else in this subreddit seems to know too much about how it is the remaining piece of the Ethereum puzzle.

    Let me know if anyone has any new knowledge or if im wrong about any of the stuff ive written here. Happy cryptoing gang.

    submitted by /u/LPlantarum
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    POA Network — Year End Review and 2019 Roadmap!

    Posted: 16 Dec 2018 03:47 PM PST

    Clique: cross-client Proof-of-authority algorithm for Ethereum

    Posted: 16 Dec 2018 02:09 AM PST

    For better POS rewards, how about contracts holding a minimum eth balance to avoid rent?

    Posted: 16 Dec 2018 08:19 AM PST

    An issue discussion is how to improve POS rewards without incurring additional inflation. The idea of storage space fees was put forward. But staking a minimum balance in a storage contract may achieve the same thing: reduce inflation while enabling better rewards to stakeholders.

    submitted by /u/Nogo10
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    P2P Energy Trading on the SunContract Platform

    Posted: 16 Dec 2018 01:27 AM PST

    Why You should See CoinAnalyst Project

    Posted: 16 Dec 2018 01:39 PM PST

    CoinAnalyst project will provide a real and up to date information needed by Crypto enthusiasts. No more fake news and fake speculation. #Coinanalyst #blockchain

    submitted by /u/Elachious
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    31 Oct we released Hashlog. It's a database, the hash sum of traders' transactions for the day is saved in the blockchain Ethereum Smart Contract.

    Posted: 16 Dec 2018 12:01 AM PST

    As ethereum falls so do ethereum-based projects. As funding runs out we should expect massive layoffs in the next 90 days from ICO funded projects.

    Posted: 15 Dec 2018 10:09 PM PST

    Etherscan.io is down

    Posted: 16 Dec 2018 12:15 PM PST

    Rewarded in ETH for his contributions as a programmer: Alexander Pankiv, software engineer & ML researcher. (Meet your Validators)

    Posted: 16 Dec 2018 03:12 AM PST
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