Plasma Became Optimism and It Might Just Save Ethereum

The ethereum network is still looking to boost transaction capacity and the startup Optimism wants to lead the charge.  Since the network’s throughput is limited to roughly 15 transactions per second, ethereum can’t become a widespread platform for automating functions, like supply chain management and loans, unless it scales. So Optimism aims to use a […]

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USA vs. Virgil Griffith: What We Know (and Don’t) in the Bombshell Crypto Sanctions Case

Prosecutors appear to have a strong case against Virgil Griffith, the ethereum developer charged with conspiring to aid North Korea, legal experts say. For one thing, the mere act of giving a presentation in Pyongyang might have violated the U.S. Treasury Department Office of Foreign Assets Control’s (OFAC) sanctions, depending on what he said there, […]

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DigixDAO Votes to Liquidate $64M Treasury

A project which conducted a 2016 initial coin offering (ICO) has voted to liquidate its $64 million treasury, returning funds to investors. Project Ragnarok, a measure to return ether to ICO investors from the Digix project’s treasury – which was held independently of the company in a decentralized autonomous organization (DAO), DigixDAO – has passed […]

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Muir Glacier: Ethereum Hard Forks for Second Time in One Month

Ethereum has completed its second hard fork in less than 30 days. With the mining of block 9,200,000, the Muir Glacier upgrade has been implemented on the network. The block was mined Jan. 2 at 8:30 UTC. As of press time, 92 percent of ethereum clients were synced with the new upgrade, according to Ethernodes. […]

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Ethereum’s ‘Bazaar’ Development Model Will Pay Off in 2020

This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Ben Edgington advises on Eth2 across ConsenSys. Prior to joining ConsenSys, he was Head of Engineering for Information Systems at Hitachi Europe. My life would be much easier if […]

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Crypto Developer’s Arrest for Aiding North Korea Echoes Eerily Prophetic 2008 NYT Profile

Crypto Developer’s Arrest for Aiding North Korea Echoes Eerily Prophetic 2008 NYT Profile X Dear reader, some third-party applications like Twitter, Youtube, Google, and our comment function are utilizing cookies. By rejecting this cookie consent, you might not be able to read the full article due to embeds.Privacy Policy […]

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MakerDAO Proposes New DAI Ceiling After Hitting $100 Million Cap

The MakerDAO loan system, administered by the Maker Foundation, hit its debt ceiling Wednesday with roughly $100 million worth of the stablecoin DAI issued and more than $339 million worth of ethereum locked up as collateral. On Thursday, the Maker Foundation proposed a new debt ceiling of 120 million DAI, which will now be voted on […]

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