person:jesse abramowitz

Universal #faucet Integration: #polkadot
▻https://hackernoon.com/universal-faucet-integration-polkadot-bdd9e25f8cb1?source=rss----3a8144e

By: Jesse Abramowitz #blockchain DeveloperIt has been a while since I had been truly excited about a new blockchain. This is not to say applications. I think the applications on the blockchain are crushing it and there are some truly amazing products.However, Platforms themselves…other than Ethereum have not excited me. In my mind they either sacrifice decentralization for scalability or copy Ethereum’s road map and call themselves a 3rd generation blockchain.One current way to scale blockchains is horizontally. This means to create more blockchains that can burden the load. For this to truly work seamlessly users must be able to walk in between those blockchains as easily as they switch websites on the internet.We also can see further issues with horizontal scaling. It is the (...)

#blockchain-technology #polkadot-network

Non-fungible tokens vs Fungible Tokens: What’s the difference? Part II
▻https://hackernoon.com/non-fungible-tokens-vs-fungible-tokens-whats-the-difference-part-ii-f4b7

By: Jesse AbramowitzBlockchain DeveloperThis article is part two of the non fungible token article here. Probably best to read that first if the term ERC721 is confusing to you. This article is for an intermediate crowd.Last time I wrote about the idea of what is a non fungible token we didn’t get into any use cases, this part will address that gap.One of the first industries to push forward any cool new tech is usually video games. Whether it be because they are relatively low stakes, they are already either technology-driven or the users tend to be techno literate.In this case let us look at a video game and how they can employ both ERC20 and ERC721. Let’s take a random game, say, Fortnite for example, a game which I am a god at…actually I am horrible at it but you all have no way of (...)

#fungible-tokens #blockchain #blockchain-technology #decentralization #non-fungible-tokens

#create2 : A Tale of Two Optcodes
▻https://hackernoon.com/create2-a-tale-of-two-optcodes-1e9b813418f8?source=rss----3a8144eabfe3--

https://cdn-images-1.medium.com/max/1024/1*tft5GV4ghfMP2TAycnXF4A.png

What is Create2? A Tale of Two OptcodesBy: Jesse AbramowitzBlockchain DeveloperEthereum’s latest last fork Constantinople has successfully been integrated into #ethereum and with that comes extra features. This article will cover what the create2 #optcode is, why it was added, and what you can do with it. Lastly, I will go through an in-depth demonstration of how to execute it.Let’s get started!What is Create2?This EIP (Ethereum Improvement Proposal) was created by Vitalik on 2018–04–20 and can be found here. Currently there are two types of addresses in Ethereum: wallet addresses and contact addresses. All of these addresses already exist and can have funds sent to them already (there is no button or switch or message required to initiate these account). To create a wallet, a randomly (...)

#blockchain #blockchain-technology

Quadriga’s Conundrum : An Analysis
▻https://hackernoon.com/quadrigas-conundrum-an-analysis-ce6ec59ee46b?source=rss----3a8144eabfe3-

By: Jesse AbramowitzBlockchain DeveloperIn what seems stranger than fiction, earlier this week, Quadriga, admitted that they are unable to recover access to $145 million of #btc and other digital assets. This was announced after 30 year old founder Gerald Cotten was reported dead following complications arising from Crohn’s Disease.As it turns out, Cotten was the only one with access to Quadriga’s funds in cold storage and the password was lost along with his life.It is a a very sad end to the story, both for the friends and family of Cotton, but also users of Quadriga.In the wake of this story, it seems crazy for anyone to keep a significant amount of funds on exchanges, yet this isn’t the first time and this won’t be the last time. For example, Mount Gox. At the very least hopefully, I can (...)

#blockchain #quadrigacx-exchange #bitcoin #blockchain-technology

Hacking a #blockchain vs. Hacking a DApp: A Response to Mike Orcutt’s MIT Article
▻https://hackernoon.com/hacking-a-blockchain-vs-hacking-a-dapp-a-response-to-mike-orcutts-mit-ar

Hacking a Blockchain vs. Hacking a dApp: A Response to Mike Orcutt’s MIT ArticleBy: Jesse Abramowitz & Laura Marissa CullellLast week, MIT Technology Review released an article titled “Once hailed as unhackable, blockchains are now getting hacked” authored by Mike Orcutt which has been making the rounds around blockchain/crypto Twitter.We wanted to provide a response because we felt that it lacked context and a proper explanation to what a blockchain hack actually means and what it entails.1. “Blockchains are particularly attractive to thieves because fraudulent transactions can’t be reversed as they can be in the traditional financial system”.This is one actual inaccuracy in the article:Ethereum Classic itself was created because of a fraudulent transaction that was reversed which happened (...)

#51-attacks #ethereum #dapps #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

Top 10 Developer Tools for #blockchain Ecosystems
▻https://hackernoon.com/top-10-developer-tools-for-blockchain-ecosystems-ed48b36fb2bf?source=rss

By: Jesse AbramowitzBlockchain DeveloperIn order for a Blockchain ecosystem to thrive, developers need to be on board to create and foster a community. Accomplishing that feat requires the appropriate tools to handle the job. From creating DApps using Ethereum, Hyperledger or even Bitcoin, a blockchain becomes mainstream only when the proper tools are in place for developers to allow for mass adoption.Here at BlockX Labs, some of my favourite work is building developer tools for blockchains. We are passionate about tools and are always looking for more to build. I personally joined the company almost 4 months ago. I am what is known as a blockchain native developer as in I am self taught with solidity as a base language.As a lot of people may know the gold standard for this is (...)

#blockchain-ecosystems #blockchain-developer #blockchain-development #blockchain-technology