Swarm alpha public pilot and the basics of Swarm

With the long awaited geth 1.5 (“let there bee light”) release, Swarm made it into the official go-ethereum release as an experimental feature. The current version of the code is POC 0.2 RC5 — “embrace your daemons” (roadmap), which is the refactored …

The History of Casper – Chapter 2

This chapter describes the game theory and economic security modelling we were doing in the Fall of 2014. It recounts how the “bribing attacker model” led our research directly to a radical solution to the long range attack problem. Chapter 2: The Bri…

The History of Casper – Chapter 1

Vitalik suggested last week that I share my basic research and design philosophy in a blog post, I agreed but complained that it was still changing. My friend Jon West told me that everyone would really appreciate it if I told everyone about my Casper …

zkSNARKs in a nutshell

The possibilities of zkSNARKs are impressive, you can verify the correctness of computations without having to execute them and you will not even learn what was executed – just that it was done correctly. Unfortunately, most explanations of zkSNARKs re…

Ethereum Research Update

This week marks the completion of our fourth hard fork, Spurious Dragon, and the subsequent state clearing process, the final steps in the two-hard-fork solution to the recent Ethereum denial of service attacks that slowed down the network in…

From Morden to Ropsten

Testing a fork The Spurious Dragon hardfork is scheduled for the coming week; block 2675000 is likely to occur Tuesday evening (CET). The block number for the testnet “Morden” was scheduled at block 1885000. Performing the fork in the test network pri…

Hard Fork No. 4: Spurious Dragon

The Ethereum network will be undergoing a hard fork at block number 2,675,000, which will likely occur between 15:00 and 16:00 UTC on Tuesday, November 22, 2016. A countdown timer can be seen at https://fork.codetract.io/. The Morden test network will …

Whoa… Geth 1.5

The Go Ethereum team is very proud to finally release Geth 1.5, which can almost be called a complete internal rewrite of the Go Ethereum (go-ethereum) codebase. We’ve packed a huge number of changes into this release, and simply listing them wouldn’t…

Analysis of Storage Corruption Bug

This blog post provides an update on our findings following the discovery of the storage corruption bug last week. In summary, the bug was much less severe than we initially thought. The small number of affected contracts we found is either only exploi…

Will Global Oil Demand Peak Before 2020?

If current trends in the advancement of electric vehicles and autonomous technology continue, oil demand could peak before the end of the decade.

Uncle Rate and Transaction Fee Analysis

One of the important indicators of how much load the Ethereum blockchain can safely handle is how the uncle rate responds to the gas usage of a transaction. In all blockchains of the Satoshian proof-of-work variety, any block that is published has the …