Ethereum The probability of becoming a validator in a post-Serenity world for those with only 32 Ether? |
- The probability of becoming a validator in a post-Serenity world for those with only 32 Ether?
- New smart contract hacking challenges. Come steal testnet ETH for a chance to receive mainnet DAI!
- Swarm Ethereum Summit 2019
- Custos Group VC Investing With BABB. And their mobile banking app is launching next quarter!
- 5 NFTs and 1 ERC-20 token exchanged by 3 parties is one atomic swap for 0.35$!
- Running a state channel network hub requires a lot of liquidity, how do you get that? Check Out Celer Layer-2 Crypto Economics Part 3
- ConsenSys launches new Enterprise Ethereum client
- Introducing Ethereum Profile Hovers, by 3Box
- What are the current solutions for running ML models on Ethereum?
- A look into the future of ERC-721s (NFTs)
- Please, can someone send me 14 Ropsten Testnet Ether? It would be much appreciated !
- Melon protocol v1. 0 is out.
- Trinity v0.1.0-alpha.23 release: Constantinople/Petersburg fork, "Theodora"
- Flyclient: Super-Light Clients for Cryptocurrencies
- Neon Games has opened their waitlist for their new RPG. (Running on Loom Network)
- Thanks to Ethereum, the DAO model now being used to accelerate drug discovery by IKU.
- There is now an integration between Node-RED and Streamr! Read more here:
- Big Thank You from Our Team
| The probability of becoming a validator in a post-Serenity world for those with only 32 Ether? Posted: 01 Mar 2019 06:10 AM PST According to Preston Vanloon (of Prysmatic Labs), Serenity will have 1024 shards, 111 validators per committee, 113,664 validators (at the start), and 3,637,246 ETH locked up (at the start). Assuming an Ether supply of 110 Million post-Serenity, it appears only 3.3% of all Ether will be able to participate at the beginning of Serenity. The "number" of validators, then, is highly misleading since users with vastly larger sums of Ether will dominate the probability distribution due to stake splitting. So, for example, users with 100,000 Ether will have 3,125 opportunities to be selected, compared to the baseline average, which is likely a single user with a single opportunity to be selected, due to having only the bare minimum of 32 Ether. Accordingly, we don't know how many "unique" validators there will be, as those with the largest shares will radically out-compete the little guys. This seems especially problematic given how a single computer can run multiple validator instances, which reduces key obstacles for larger stakers. Based on these rough estimations, it seems to me the validator pool, while seemingly quite large to naive observers, will in reality be extremely narrow. That is, one could easily imagine there being less than 100 unique persons controlling the consensus process; considering the pseudonymous and starkly unbalanced nature of the coin distribution at genesis. While I understand these limitations may only be "at the start", and greater participation might be possible later on, that doesn't actually reassure me. Regardless of how one massages these numbers, the fact remains that the vast majority of users will be unable to participate (in a fair manner) in the consensus process. I find this to be an unacceptable trade-off. Don't take this the wrong way, but this seems like a serious flaw and likely vector of centralization in the present design. Am I reading this situation accurately? If not, why not? And if so, what are some pragmatic solutions to increase the success rate of participation in a post-Serenity world? I'd appreciate an open and critical discussion on this topic. [link] [comments]  | ||
| New smart contract hacking challenges. Come steal testnet ETH for a chance to receive mainnet DAI! Posted: 01 Mar 2019 10:27 AM PST
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| Posted: 01 Mar 2019 09:11 AM PST | ||
| Custos Group VC Investing With BABB. And their mobile banking app is launching next quarter! Posted: 01 Mar 2019 10:32 AM PST
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| 5 NFTs and 1 ERC-20 token exchanged by 3 parties is one atomic swap for 0.35$! Posted: 01 Mar 2019 07:07 AM PST https://etherscan.io/tx/0x5260bce3352dd48e296670e7ec891160686d423bd0df6773fd5079da62d5e5d3 Maker: 3x NFT to Taker, 1x FT to third party user Taker: 2x NFT to Maker Summary: 5 NFTs and 1 FT between 3 users Status: Awesome Today, SwapMarket was launched to enable atomic swaps for multiple assets. This was the first swap made to showcase the power of the market and development framework on which it was build. [link] [comments]  | ||
| Posted: 01 Mar 2019 09:16 AM PST
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| ConsenSys launches new Enterprise Ethereum client Posted: 01 Mar 2019 05:19 AM PST
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| Introducing Ethereum Profile Hovers, by 3Box Posted: 01 Mar 2019 10:50 AM PST
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| What are the current solutions for running ML models on Ethereum? Posted: 01 Mar 2019 02:20 PM PST We are a team that is building a blockchain that can run on GPU in order to enable ML model inference to happen directly on-chain. Our ultimate goal is to decentralize AI by creating an ecosystem/marketplace of ML models for Dapp developers. With genuine curiosity, we are wondering: Since Ethereum can only run on CPUs, which are not practical for running nontrivial machine learning models, what are the current solutions for running ML models on Ethereum? [link] [comments]  | ||
| A look into the future of ERC-721s (NFTs) Posted: 01 Mar 2019 04:45 AM PST
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| Please, can someone send me 14 Ropsten Testnet Ether? It would be much appreciated ! Posted: 01 Mar 2019 10:08 AM PST | ||
| Posted: 01 Mar 2019 01:35 PM PST
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| Trinity v0.1.0-alpha.23 release: Constantinople/Petersburg fork, "Theodora" Posted: 01 Mar 2019 01:47 AM PST
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| Flyclient: Super-Light Clients for Cryptocurrencies Posted: 01 Mar 2019 07:17 AM PST | ||
| Neon Games has opened their waitlist for their new RPG. (Running on Loom Network) Posted: 01 Mar 2019 11:52 AM PST Blockade Games are creating a cyperpunk RPG on a Loom sidechain. The earlier you sign up to the waitlist the better key you will get when it releases. You can use the key to open exclusive chests or even BUY the final boss, with custom game code. It feels like they are doing something pretty radical, anyway you can sign up to the waitlist here: [link] [comments]  | ||
| Thanks to Ethereum, the DAO model now being used to accelerate drug discovery by IKU. Posted: 01 Mar 2019 08:48 AM PST | ||
| There is now an integration between Node-RED and Streamr! Read more here: Posted: 01 Mar 2019 07:53 AM PST
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| Posted: 01 Mar 2019 10:04 AM PST |
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