ConsenSys founder Joseph Lubin says that the company will focus more on specific and concrete projects reducing the scope of much experimentation as part of financial sustainability.
After finding multiple bugs in the code released on the Ropsten testnet, the developers have now decided to postpone the mainnet release.
Ethereum core developer Alexey Akhunov has proposed to launch a separate temporary testnet on Ropsten and resolve all the code issues while postponing the main implementation.
According to Vitalik Buterin, the Zk-Snarks can be used to “mass validate” transactions thereby alleviating the pressure of network congestion.
Here’s a look into the number of different projects done by Ethereum developers as a part of the Ethereum 2.0 development.
The announcement comes just few months after Cloud giant Google introduced Bitcoin blockchain support for its BigQuery data analytics service.
Developers of the Ethereum platform are trying to achieve a balance in a tug-of-war between the miner and developer community with regards to the upcoming changes.
The second largest cryptocurrency Ethereum is mobilized to put a decisive ending to corruption in commerce by the means of blockchain transparency.
While a number of blockchain-based projects struggle to remain truly decentralized, Metaverse places strong focus on avoiding any form of mining centralization and unnecessary interference with the network following the core principle of blockchain tech.
The Commonwealth Bank of Australia used the Ethereum blockchain platform for tracking an international shipment of almonds as part of its experiment.