• launch of Ethereum 2.0
    Ethereum

    Lead developer formally proposes launch of Ethereum 2.0

    The moment that the Ethereum community has been waiting for finally seems at hand: The move to a faster, more energy efficient proof-of-stake blockchain has begun

    Ethereum 2.0 will move the No. 2 cryptocurrency’s blockchain from a Bitcoin-style, energy-hungry, proof-of-work (PoW) consensus mechanism to a faster, more energy efficient proof-of-stake (PoS), in which blocks are confirmed by validators who essentially post a bond to ensure good behavior.

  • Reddit blockchain developers help
    Commentary,  Ethereum

    Reddit asks blockchain developers for help—but is it too big an ask?

    The social network wants to hear from scaling projects for its crypto Community Points project that are cheap, fast, and able to handle 400 million-plus users. Oh, and there’s no prize for the successful developers

    Reddit began experimenting with a crypto-based points system to much fanfare in April. But now, as the social network has realized that there’s a major stumbling block if it wants to roll the feature out to all 430 million of its monthly users: Ethereum has scalability issues.

  • Blockchain Bill of Rights
    Politics,  Regulation

    World Economic Forum unveils ‘Blockchain Bill of Rights’—will it work?

    Achieving consensus in a fragmented landscape isn’t easy. Despite the proposal getting several significant signatories, plenty of hurdles remain

    The blockchain industry is a fragmented one—with countless projects forging their own way as they try to find compelling use cases for this technology. But now, the World Economic Forum’s Global Blockchain Council is attempting to ratify some universal standards in a so-called “Blockchain Bill of Rights.”