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Tag Archives: Ethereum

Restricting Illegal Cryptocurrency Transactions Via An Ethereum Token

The trend of cryptocurrencies is flaring up like never before these days, as more individuals are tempted to use blockchain based, decentralized cryptocurrencies. Due to their decentralized peer-to-peer (P2P) nature, cryptocurrencies have won the hearts of decentralization advocates, crypto-anarchists and libertarians. Nevertheless, given the fact that cryptocurrencies cannot be controlled by any form of intermediary, or third party, they can ... Read More »

Behind-the-Scenes: a Darknet Market on the Ethereum Blockchain

A team of developers are nearly finished with a decentralized market known as “Tralfamadore.” Everything on the market—from vendor listings to sales themselves—will be free from the confines of any one marketplace; the backend, running on the Ethereum blockchain, will function as a database for market content. As a decentralized system, nobody holds your funds and all orders are controlled ... Read More »

A Novel Model of Ethereum Based Corporate Governance

The blockchain technology is not only disrupting the framework of the global economy, but also the legal industry as well. Today, people can engage in business agreements that are based on smart contracts’ code, rather than conventional legislation. As such, if smart contracts’ code acts as law, then code flaws are also parts of the law. Businesses need business minded, ... Read More »

What’s the Future of Ethereum?

As of June 5, Ethereum traded higher than Bitcoin on the market and looks set for more gains. Ether, the Ethereum token, catapulted from $8.24 January 1 to $203.30 a month ago, a 2,367 percent gain. Since then Ethereum ratcheted a mighty $212 in late May, and surged to $250.41 two days ago, with a slight drop to $246.62, Monday ... Read More »

Tutorial – How To Run a Full Ethereum Node On Windows

Ethereum is one of the most important blockchains present today, not only because it represents another cryptocurrency, but also because Ethereum is technically a “world computer” that unifies the processing power of the network’s public nodes. Ethereum’s “world computer”, or the Ethereum virtual machine (EVM), can be used by peers across the network to execute smart contracts. Ethereum’s platform was ... Read More »

Alphabay to Add Ethereum Support in May

According to a message on /r/Alphabay and /r/darknetmarkets, Alphabay developers are currently in the process of finalizing a framework for Ethereum transactions. Starting May 1, the marketplace will allow the sending and receiving of yet another cryptocurrency. In addition to its original Bitcoin support, Alphabay opened up support for Monero in 2016. The value of ETH recently spiked in value. ... Read More »

CASPER – Proof of Stake (PoS) Consensus Protocol For Implementation On Ethereum

CASPER represents a security deposit protocol that relies on an economic consensus approach. Accordingly, nodes across the network, which are called “bonded validators”, must pay a security deposit, along an action named “bonding”, in order to be part of the consensus via means of block production. Casper determines the amount of rewards received by the validators mainly through the protocol’s ... Read More »

Zero Collateral Lottery Tournaments Using Bitcoin and Ethereum

The great thing about creating lotteries using cryptocurrencies is that there will be no need for any collateral from players participating in the lottery. Previous cryptocurrency lottery protocols needed a security deposit that is presentable via the formula O(N2) > the bet amount where N represents the number of players. The “N-player commitment lottery” protocol, which we will present throughout ... Read More »

Eurakos Next: A New Complementary Cryptocurrency Based On the Ethereum Blockchain

Virtual currencies, particularly cryptocurrencies, have witnessed a booming growth pattern during the past few years as they have proven to offer a fast, highly secure, low fee payment method that is exceptionally convenient for small (micro) as well as large transactions. A group of researchers from the University of Girona, Spain and the Universidad Autonoma de Bucaramanga, Columbia have published ... Read More »

Coinbase to start supporting Ethereum Cryptocurrency

For anyone that has heard of Bitcoin, they have heard of Coinbase: One of the most well-known websites for bitcoin wallets and trade services. The bitcoin-only exchange is going to implementing the recently exploding Ethereum cryptocurrency, which value is currently at about $14 USD, making the second-largest cryptocurrency after bitcoin,. Created by a Swiss entrepreneur Vitalik Buterin, Ethereum(ETH) is a ... Read More »

Ethereum: Making the Entire World Trustless (Part 1 – Introduction)

We all know about the radical potential that Bitcoin has to make the world’s monetary system trustless. Bitcoin is already, in itself, completely trustless. There is no central authority that governs over the issuance of Bitcoin or the regulation of its supply. It is scarce; bitcoins cannot be created out of thin air, unlike the fiat currencies we are currently ... Read More »

Applying Crypto Decentralization to the Physical World: Government

In the last few years, the development of cryptography and peer-to-peer technology has created many grand potentialities concerning the overhaul of foundational institutions of society. Already, in its very early stages, the decentralization brought about by the development and improvement of these two technologies has challenged the coercive power of governments, as far as freedom of choice is concerned. For ... Read More »