#ethereum-blockchain

The Innards of an #erc20 Token
▻https://hackernoon.com/the-innards-of-an-erc20-token-587c29e9b8a1?source=rss----3a8144eabfe3---

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What does this mean?You’ve all heard by now that #suncontract’s SNC token is an ERC20 token… But do you know what it means to be of ERC20 standard? If not, stick around for a simple explanation on the ERC20 standard.Ethereum PlatformERC20 tokens are designed and used solely on the #ethereum platform. The Ethereum platform consists of a #blockchain that is capable of storing transactions, and a virtual machine that is capable of running smart contracts.Because of these two functions of the Ethereum network, the platform can support the running of decentralised applications (DApps). In return Ethereum charges developers for the computing power in their network — which is paid in Ethers — the main currency on the Ethereum network. Besides Ether, the platform can also support other tokens, including (...)

#ethereum-blockchain

Going to Atlantis : #ethereum Classic (ETC) ECIP-1054 Hard Fork
▻https://hackernoon.com/going-to-atlantis-ethereum-classic-etc-ecip-1054-hard-fork-a9a84ef6a785?

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The Definitive Guide to Ethereum Classic’s Next Hard ForkThe Atlantis ECIP-1054 Hard Fork has been announced with great reception amongst the stakeholders in the ETC ecosystem. The proposed changes will “Enable the outstanding Ethereum Foundation Spurious Dragon and Byzantium network protocol upgrades on the Ethereum Classic network in a hard-fork code-named Atlantis to enable maximum compatibility across these networks.”You can find the Hard Fork proposal on ETC Labs Core Github:etclabscore/ECIPsThe team is available for questions and further discussion on the ETC Labs Core Discord server.The Hard Fork is targetted for block8_750_000 on the Ethereum Classic mainnet, expected some time in mid-September 2019After this Hard Fork, the Ethereum Classic network will benefit from:A more (...)

#blockchain #ethereum-blockchain #ethereum-classic #blockchain-technology

What the Fork?! A Look At #ethereum’s #constantinople Fork thus far
▻https://hackernoon.com/what-the-fork-a-look-at-ethereums-constantinople-fork-thus-far-bbd963c76

By: Jesse AbramowitzBlockchain DeveloperIf you haven’t heard, this week has been intense for any Ethereum Core developer. With the entire #blockchain community buzzing about Ethereum’s latest fork Constantinople, it has unfortunately been postponed for very, very valid reasons.I’d like to commend the amazing work to all of the developers for recognizing the situation and losing a lot of sleep to fix it.To date, I haven’t been able to find any updates following the Ethereum developers call so I figured that it would be good idea to provide an outline of what has happened thus far. I know that a lot of people are curious about this so I figured this article would help make their lives easier too.Let’s dive right in!The ForkEthereum is constantly updating, as most blockchains do. This is (...)

#blockchain-technology #ethereum-blockchain

ELI5 : #plasma Cash
▻https://hackernoon.com/eli5-plasma-cash-ff242c55e8de?source=rss----3a8144eabfe3---4

ELI5: Plasma Cash — Scaling EthereumThis article hopes to explain in a clear and comprehensive manner what Plasma Cash is and how it helps solve #ethereum’s scalability issues. It will also explain the trade-offs made when using Plasma. This post is aimed at both beginner and intermediate readers.Plasma Cash is a scaling solution for the Ethereum #blockchain. It makes use of sidechains for faster and cheaper transactions, and periodically checkpoints its state to the main Ethereum network to utilise the security and decentralisation of the main network.Plasma Cash is one variant of the Plasma framework. Other variants include Plasma Debit and Plasma MVP. All are somewhat similar.The ProblemThe Ethereum blockchain can process ~10–28 transactions per second (TPS). When the network is congested (...)

#bitcoin #ethereum-blockchain

The secrets behind the success of #ethereum & #consensys
▻https://hackernoon.com/the-secrets-behind-the-success-of-ethereum-consensys-5c6997d95e76?source

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With Co-Founder, Joseph Lubin!We had the privilege of interviewing Joseph Lubin, co-founder of Ethereum, founder of Consensys, as part of the Consensys Tel Aviv community and Investor events.▻https://medium.com/media/80f593ef48979f1d26bdcc1dc03e8d04/hrefYou run quite an amazing organization and have a forward-thinking approach on how to manage it in a decentralized fashion and at scale. It’s often referred to as The Consensys Mesh, can you tell us all about that?We consider ourselves an unusual kind of company. We formed about three and a half years ago, about a year into the Ethereum project. We started as a venture production studio, and the idea was to build MVPs, wrap companies around them, put them up for external investment and grow. We got interest early on from companies, and (...)

#blockchain #ethereum-blockchain #joseph-lubin

A Primer on #ethereum #blockchain Light Clients
▻https://hackernoon.com/a-primer-on-ethereum-blockchain-light-clients-20d715255ff0?source=rss---

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A large number of projects working on Blockchain-based, peer-to-peer protocols make grandiose claims about performance and throughput. With so much innovation happening in the R&D stages of these projects, many often don’t account for the real challenges of adoption encountered once these protocols are live.Network TopologiesIt is easy to assume most people running a network are between some confidence interval of latency and computational capacity, but easy to forget the barrier to entry most users have to interact with nodes on the blockchain. Unfortunately, running a full node is prohibitively expensive and slow for most, so a large portion of users rely on “light” nodes that piggyback off the security of full nodes without the extensive resource requirements needed.Ethereum’s (...)

#eth-blockchain #blockchain-light-clients #ethereum-blockchain

6 Industries The #blockchain Is Bound To Disrupt
▻https://hackernoon.com/6-industries-the-blockchain-is-bound-to-disrupt-d839926c8e61?source=rss-

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Although the blockchain is often thought of as a tool for conducting financial transactions — or storing #data related to those transactions — it has the potential to be so much more.In fact, it already is so much more.This is something I’ve seen firsthand, both through co-founding Bee Token and advising a variety of other blockchain-powered projects. More and more, blockchain companies are finding ways to offer actual utility with their products and services, paving the way for further decentralization in their respective industries — from education, to short-term rentals, to civic engagement.The biggest changes are still to come.Ultimately, what we’re going to see across industries is a shift toward decentralization that will dramatically impact the sharing economy, which will then, in time, (...)

#ethereum-blockchain #blockchain-technology #ethereum

Problems & Costs of Smart Contract Development
▻https://hackernoon.com/problems-costs-of-smart-contract-development-e86e9446ba9e?source=rss----

Can your business afford it?Image by Gratisography.comThe problem with smart contracts is that most small and medium businesses are unable to implement smart contracts not only due to technological complexity but mostly because of their expensiveness. The costs for smart contract development are skyrocketing as there is an increasing demand for smart contract developers and contracts for ICOs.Why smart contracts are so great in the first place?Smart contracts, which are, actually, a self-executing code on #blockchain that automatically implements the terms of an agreement between parties or business logic. It’s basically an unbreakable agreement with predefined rules. In addition, smart contracts are deterministic which means the same output will be generated from a given initial (...)

#solidity #ethereum #blockchain-technology #ethereum-blockchain