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Bonehead's Ethereum News to Come (Updated)
NEWs To Come - last updated - April 5th, 2016 Ethereum’s ecosystem is growing so quickly, very exciting news has a habit of coming out of nowhere. That said, there are more than a few things to have on our radar. Thanks to help from this community, here’s a current list. As always, what am I missing?
Our faq page may also be helpful for many common questions connected to the news listed below.
Ethereum Blockchain Development
Metropolis - Includes user friendly Mist Browser and likely a light client.
Serenity - Major scalability improvement and Casper
With Casper, issuance of ETH drops between 0-2m a year, depending on staking rewards (think, a crypto version of dividends more than Bitcoin's mining).
Synereo partnership with a important update. "Synereo and Ethereum now have an end to end spec of a correct, fault tolerant architecture that is sharded, i.e. scales".
Sharding development news. Sharding is a game changer for Ethereum and could allow it to 10000+ transactions a second (Visa currently handles 2000 per second). While its success is starting to look inevitable, more specific news should be watched carefully.
Client updates - Ethereum’s clients are wide ranging - Go, C++, Python, Rust, Java, Ruby, .net. This allows Ethereum to attract developers with a wide range of programming backgrounds and empowers Ethereum for more applications. It was a VERY smart strategy by the founders of Ethereum. Watching the news for client updates is important.
Coin relays and interoperability One very powerful aspect of Ethereum’s blockchain is it allows both formal relays between blockchains as well as general interoperability between chains. Relays allow Ethereum to empower other blockchains, basically letting these more classic chains (like Bitcoin and Dogecoin) use Ethereum as a service for smart contracts. This “bonded sidechain” is more powerful/flexible path to using smart contracts than building non-currency agnostic chains. Similarly, interoperability is a classic concept in software development with over 30 years of history. Ethereum’s Virtual Machine (EVM) greatly facilitates multi-chain interoperability – which could allow private chains to communicate with Ethereum’s public chain. Basically, Ethereum facilitates “chaining all the things”. In other words, even future private chains could interoperate with the Ethereum public blockchain to have a gateway between their secured private chain and the more global public chain. Private chain development is a GOOD thing under this model, even if that private chain is not an Ethereum fork. Current examples
Public Dapps and/or ventures to keep an eye on Ethereum ecosystem is growing in unbelievable way with well over a 100 DApps. Below are some DApps and ventures that have been commonly discussed and seem to be generating news sooner than later.
Many of Ethereum's 100+ DApps will fail, but it only takes one to succeed to bring Ethereum to the mainstream. That said, sadly, there will also be scams. We should never forget Bitcoin's NeoBee or any of the MANY failed exchanges. As a community, we'll want to keep a close eye out in more ways than one. Be enthusiastic but critical - with transparency being absolutely key to trust. Developer tools to keep an eye on
Eth(Emedded) "Providing successful builds of Ethereum Clients for multiple, Linux based, ARM embedded devices"
Potential surprises that are not really surprises
Anything China – ETH's value has largely been independent of anything to do with China, that must inevitability change.
OKcoin inclusion (largest exchange in China, insane history with price boosts)
Gemini inclusion (New Yorkers access to ETH)
Parting statement Ethereum has essentially a monopoly on smart contracts, and from the list above, it should be clear that it has built a remarkable network effect around this ecosystem. It is a disruptive technology, that fosters synergies, and when put in a greater perspective, it’s market cap remains quite tiny, especially when you think of the relative size of the growing community. Please let me know if there is something you'd like to see.
I don't understand a whole lot about using Ethereum since it's one of the more difficult cryptos to get into however I really admire the work they've put into creating a unique coin which would actually benefit humanity a lot. BLOG . Free My VUNK: The Movement Begins; FreeMyVunk and Devcon1, the Ethereum Conference; Tokens? What, Why, How? What if all this could change? The Roadmap, Part 1; STORE . YOUR CART; TERMS AND CONDITIONS; CHECKOUT BLOG . Free My VUNK: The Movement Begins; FreeMyVunk and Devcon1, the Ethereum Conference; Tokens? What, Why, How? What if all this could change? The Roadmap, Part 1; STORE . YOUR CART; TERMS AND CONDITIONS; CHECKOUT The most popular and trusted block explorer and crypto transaction search engine. A platform is defined by its use cases. If great apps appear, the platform is judged a success. If not, the platform disappears into the dustbin of computer history. So I went looking for the emerging DAPPS (decentralized apps) coming out of the Ethereum platform. DAPPS look like normal apps. That is deliberate. Ethereum made […]
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