For The Better

“The best way to predict the future is to invent it.” Alan Kay January 3rd 2009 marked the beginning of a new era. The invention of the blockchain is a milestone in technology — the string of characters 36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2 being just o…

“The best way to predict the future is to invent it.” Alan Kay January 3rd 2009 marked the beginning of a new era. The invention of the blockchain is a milestone in technology — the string of characters 36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2 being just o…

One of the key properties that is usually sought for in a cryptoeconomic algorithm, whether a blockchain consensus algorithm such a proof of work or proof of stake, a reputation system or a trading process for something like data transmission or file s…

Development of Ethereum has been progressing increasingly quickly this past month. The release of PoC5 (“proof of concept five”) last month the day before the sale marked an important event for the project, as for the first time we had two clients, one…

One of the more interesting long-term practical benefits of the technology and concept behind decentralized autonomous organizations is that DAOs allow us to very quickly prototype and experiment with an aspect of our social interactions that is so far…

how ethereum could shard the web Given the state of our 25-year old web and all the problems inherited from legacy 1970’s systems design, we should pause and take inventory of those components which are fundamentally broken and would offer a substantia…

One of the more exciting applications of decentralized computing that have aroused a considerable amount of interest in the past year is the concept of an incentivized decentralized online file storage system. Currently, if you want your files or data …

Now that the first two weeks of the ether sale are over, and over 50 million ETH has been sold, we intend to soon make a transaction to begin using the funds to repay loans and kickstart the process of setting up our development hubs and expanding our …

The first two weeks of the ether sale are over, and we have to date received over 25000 BTC from selling over 50 million ETH. This marks the largest cryptographic token sale to date, and with the two endowments places ETH as being the token with the 8t…

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Although we hope that the ether purchasing experience goes smoothly for everyone, we recognize that there will always be situations where things do not quite go as planned. Perhaps your internet connection dies in the middle of your purchase. Perhaps y…

First of all, I would like to thank the community, and especially those close to the project who have in many cases abandoned their jobs to dedicate their time to it, for their extreme patience regarding the launch of the ether sale. We have been promi…

One of the more popular proposals for implementing smart contracts differently from the way they are typically presented in Ethereum is through the concept of oracles. Essentially, instead of a long-running contract being run directly on the blockchain…

“And those who were seen dancing were thought to be insane by those who could not hear the music.” Friedrich Nietzsche Ethereum as a project is more than just a technology, even if technology is at its core. In the rush of creating, co-creating and de…

One of the annoyances of the blockchain as a decentralized platform is the sheer length of delay before a transaction gets finalized. One confirmation in the Bitcoin network takes ten minutes on average, but in reality due to statistical effects when o…

During the run-up to the ether sale we will be releasing a series of blog posts regarding our development plans and intended organizational structure. Today we describe some of the background details of the ether sale module.  The sale module will be d…