ConsenSys founder Joe Lubin just bet more than half a million dollars that Ethereum will be going strong in four years. Settling the terms of the bet between Lubin and Bitcoin missionary Jimmy Song on Ethereum’s success or failure took a year—it was made onstage at Consensus 2018—but it’s done.
What is Ethereum Constantinople and why should anyone care?
The hard fork paves the way for Ethereum’s forthcoming switch to a Proof of Stake model
The second largest cryptocurrency by market capitalization underwent a significant upgrade on February 28, but the impact on the average ether (ETH) coin-holder is negligible. So why does it matter?
Tokenized securities put real-world assets in the blockchain
Apple stock and ownership in the St. Regis Aspen resort are among the first tangible assets to be tokenized
On Jan. 7, digital exchange DX.Exchange, based and regulated in Estonia, began offering investors the ability to trade digital tokens backed by shares in 10 NASDAQ-listed stocks, including Apple, Amazon, Facebook, and Microsoft. And in October, crowdfunding platform Indiegogo sold tokenized shares of the St. Regis Aspen Resort to SEC-accredited traders.
When a 51% attack happens, a bunch of 0s and 1s don't suddenly shout "51% ATTACK" in red (via Shutterstock).Ethereum Classic hack nets thieves $1.1 million
The 51% attack saw control of the cryptocurrency’s blockchain taken over by bad actors
Ethereum Classic, the cryptocurrency created after the main Ethereum developers led by Ethereum founder Vitalik Buterin split off in a June 2016 hard fork to reverse the theft of $55 million in coins, suffered another loss this week. On Jan. 5, a miner or group of miners managed to gain control of more than half of the Ethereum Classic mining power, or hashrate, in what is called a “51% attack.” This gave them the ability to double spend ETC coins—basically spending a newly created coin and then forking the ETC blockchain, allowing them to cancel the transaction and be able to spend that coin again. Called a deep chain reorganization,…
