Forget Buterin’s 500 TX/S, Researchers Explore 17,000 TX/S on Ethereum

In September, Vitalik Buterin, the co-creator of Ethereum (ETH), stated that the Ethereum blockchain network could scale to 500 transactions per second using ZK-SNARKS, the base technology of privacy-focused cryptocurrency Zcash. This week, Ethereum researchers Barry Whitehat, Alex Gluchowski, Harry R, Yondon Fu and Philippe Castonguay introduced a solution called […]

A Multi-Million Dollar Bet Ethereum’s Proof-of-Stake Isn’t Coming Soon

What if ethereum never switches its core consensus algorithm? It’s an idea that may sound blasphemous to developers building the world’s second-largest blockchain, where plans have long been laid for a transition away from bitcoin’s proof-of-work model to a more egalitarian alternative. Yet, entrepreneurs appear to betting that between now and […]

Venezuela’s Petro Copied Dash, Claims Ethereum Developer

News An Ethereum developer is claiming the state-backed petro (PTR) cryptocurrency, a plaything to Venezuelan President Nicolas Maduro, has taken substantial amounts of its newly published whitepaper from Dash (DASH). Indeed, at least at first glance, it does appear there are close similarities between the altcoin and the world’s first national […]

Enterprise Ethereum Alliance and Hyperledger Enter Formal ‘Association’ Agreement

The Enterprise Ethereum Alliance (EEA) and Hyperledger announced October 1 they would join each other’s organizations as “Associate Members” in order to support enterprise blockchain adoption. The EEA, an enterprise blockchain organization created in March 2017 by Santander, JPMorgan, and a variety of other members, focuses on improving the privacy, […]

Ethereum Price Decline Hasn’t Hurt ICO-Funded Startups: BitMEX Research

With the ethereum price sitting more than 80 percent below its all-time high in mid-September, the conventional wisdom said that startups who had raised funds through initial coin offerings (ICOs) were likely driving the sell-off. ICOs, after all, had been conducted almost entirely using ETH, leaving hundreds of startups sitting […]