$19 Million: Ethereum Foundation to Fund Work on 2.0 Upgrade, Plasma and More

The Ethereum Foundation detailed Tuesday how an estimated $30 million will be spent by the organization on key projects within the ethereum ecosystem. The group said that $19 million has been earmarked over the next 12 months to be put towards “building the ethereum of tomorrow.” Namely, this includes an ambitious scaling upgrade dubbed ethereum…

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‘Tackling Real World Issues’: Hackers at ETH New York Build Apps Geared Towards Social Change

If building decentralized financial applications was the motto topic of Ethereal, the ethereum hackathon ETH New York was all about discussing the social impact of such applications. Speaking to a group of high school students at ETH New York, Mariano Conti – head of smart contracts at the MakerDAO Foundation – asked foundational questions surrounding…

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Blockstack CEO Muneeb Ali: ‘You Don’t Need a Blockchain’ for All Dapps

Blockstack CEO Muneeb Ali criticized “most” decentralized apps in the industry during a panel appearance Monday, drawing issue with how they are typically organized today. At CoinDesk’s Consensus 2019 conference, he took aim at the “architecture” most decentralized apps use these days, arguing that apps across the space are putting too much reliance (and data)…

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Privacy Crypto Monero Celebrates Its 5th Birthday

One of the most popular cryptocurrencies for privacy protection, monero, celebrated five years of existence this week. Launched in April 2014, monero has, since its inception, been entirely crowdfunded. And in tune with this decentralized, grassroots structure, monero is almost entirely developed by volunteers. “Monero is very committed to its decentralized, grassroots structure meaning we took…

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Ethereum Core Developers Debate Benefits of More Frequent Hard Forks

How often is too often to alter consensus? A group of ethereum’s veteran open-source developers discussed the subject in a bi-weekly meeting Friday, wherein they aired the possibility that system-wide upgrades, also called hard forks, to the software could be enacted as often as every three months. Wanting to “check the temperature,” the developer asking the question…

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The Easiest Way to Send and Lose Bitcoin in 2012

Dan Gallancy tells the story of the Bitcoin that he sent to friends, but never quite got there. Subscribe to CoinDesk on YouTube: http://www.youtube.com/subscription_c… Site: https://www.coindesk.comFacebook: https://www.facebook.com/CoinDeskTwitter: https://www.twitter.com/coindeskInstagram: https://www.Instagram.com/coindeskNewsletter: https://www.coindesk.com/newsletter/Twitter (Markets): https://www.twitter.com/coindeskmarkets CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.

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Bitrefill’s ‘Thor Turbo’ Lets You Get Started With Bitcoin’s Lightning Faster

Bitrefill has launched a new service that seeks to simplify the process of setting up payment channels on the lightning network, the experimental, layer-two initiative being built on top of bitcoin. Demoed for the first time Friday at the Understanding Bitcoin conference in Malta, the new service – dubbed “Thor Turbo” – helps users to…

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