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The Journey Towards Proof of Stake: Ethereum 2.0 Phase 0 Testnet Released

The Journey Towards Proof of Stake: Ethereum 2.0 Phase 0 Testnet Released

Prysmatic Labs, an Ethereum development team focused on implementing Ethereum 2.0, including full proof-of-stake and sharding, has launched a public testnet for phase 0 of it. This is a significant milestone as phase 0 testnet will allow users on the network to stake their ETH and become validators. The testnet is a single client Prysm-only network. Phase Zero Ready for Testing Ethereum’s co-founder, Vitalik Buterin, announced back in 2017 that the blockchain would be making a switch from its current Proof of Work (PoW) protocol to Proof of Stake (PoS). Ever since, developers have been

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Societe Generale Issues First Covered Bond (EUR 100m) As a Security Token on the Ethereum Blockchain

Societe Generale Issues First Covered Bond (EUR 100m) As a Security Token on the Ethereum Blockchain

Societe Generale SFH, a subsidiary of the Societe Generale Group, announced yesterday that it issued covered bonds worth EUR 100 million as security tokens via the Ethereum network. This is the first time the lending firm has made such a move as it explores ways to use blockchain technology to ease financial transactions. EUR 100 Million Covered Bonds Issued on a Public Blockchain In an official blog post by the company, Societe Generale revealed that its subsidiary, SFH issued covered bonds as security tokens on a public blockchain on April 18. The covered bonds, also known as obligations de

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EOS vs Ethereum vs TRON – Which Is Best? In-Depth Review

EOS vs Ethereum vs TRON – Which Is Best? In-Depth Review

In the battle for the future of the decentralized internet, three competitors have risen to the top: TRON, EOS.IO, and Ethereum. As the longest standing and most valuable platform for decentralized applications, Ethereum remains in lead, but the other two are discussed as potential “Ethereum Killers.” There are many other platforms besides TRON and EOS.IO that are pitted to be the death of Ethereum, such as Cardano, Stellar, NEO, and IOTA along with a ton of others. All of these blockchain networks believe that they have what it takes to go beyond the simple currency or asset

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DAIHard, the ‘Unkillable’ Ethereum-based Fiat-to-Crypto DEX Announces Its Open Beta on Mainnet

DAIHard, the ‘Unkillable’ Ethereum-based Fiat-to-Crypto DEX Announces Its Open Beta on Mainnet

One of the major drawbacks of the current crypto economy is the reliance on centralized exchanges to buy and transact with cryptocurrency. Centralized exchanges not only exist in direct contrast to the founding principles of cryptocurrencies, but they also track their users, impose withdrawal limits, and are restricted by jurisdiction. Decentralized exchanges, like IDEX or Binance’s new DEX, provide peer to peer trading for crypto to crypto trades, for example, BTC/ETH pairings. But so far, it’s been impossible to find an on-ramp fiat-to-crypto solution from a decentralized exchange. For

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Asset Providers Can Now Issue Security Tokens on the TRON Blockchain Via Swarm

Asset Providers Can Now Issue Security Tokens on the TRON Blockchain Via Swarm

Swarm to Bring Security Tokens to the Tron Network Asset providers will be able to issue security tokens on the Tron blockchain, thanks to Swarm, a blockchain-based company that provides tokenization of assets which also pay dividends. The Tron Foundation made this announcement on April 9, adding that only asset providers with proper licensing and know your customer (KYC) measures would be able to access this new service. The company develops tools that make it easier for people to access value across a wide range of assets. Justin Sun, the CEO of Tron and BitTorrent tweeted that

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What is Ethereum? The ULTIMATE Research-Backed ETH Guide

What is Ethereum? The ULTIMATE Research-Backed ETH Guide

There are many different strands to this project and getting your head around it all can be quite the challenge. That’s why we have put together this comprehensive guide for those of you wondering “What is Ethereum?” and “How does Ethereum Work?” As the harbinger of the second generation of blockchains and home to the second largest digital currency in the world, Ether (ETH), the Ethereum project has started a new era of blockchain development that enables a global community of developers to unleash their creativity in the space. The ability to craft smart contracts gave developers

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Wrapped BTC Goes Live Bringing Bitcoin’s Liquidity to the Ethereum Ecosystem

Wrapped BTC Goes Live Bringing Bitcoin’s Liquidity to the Ethereum Ecosystem

Users Can Now Access More DApps With WBTC WBTC is the result of a joint venture by BitGo, Ren (formerly Republic Protocol), Kyber Network, and other community partners. It enables cross-chain functionality, aiming to enhance decentralized applications (DApps) by bringing Bitcoin’s liquidity to the Ethereum ecosystem. The new format of WBTC opens new opportunities for a wide range of existing ERC20-based applications, as well as for innovative new use cases as the ecosystem grows. DApps such as Dharma, Compound, dYdX, bZx, Gnosis, Set protocol Maker, and more, will now be able to leverage

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A Straightforward Way for Dot Eth (.eth) Domain Acquisition That Works for All Ethereum Addresses

A Straightforward Way for Dot Eth (.eth) Domain Acquisition That Works for All Ethereum Addresses

ETHSimple is the latest service that intends to make the process of registering a .eth domain name through ENS easier for the average user. In fact, this new customer-facing solution could boost usage of ENS in many ways and could make Ether exchanges more fluid. What Is Ethereum Name Service, ENS and What Is It Used For? ENS is an open-source project put forth by the Ethereum developers’ community, with the goal to create a decentralized domain name registry for the decentralized web. Although the initial standard for ENS defines resolution for Ethereum addresses, the system is reportedly

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Quorum Blockchain by JP Morgan Is Tokenizing Gold Bars for Global Traders

Quorum Blockchain by JP Morgan Is Tokenizing Gold Bars for Global Traders

Wall Street is interested in blockchain. Recently, Ripple claimed to have received an over 400 percent quarter-on-quarter increase in direct institutional buying at their company. The most prominent name in American financial markets, JP Morgan is finding new use cases for blockchain technology. According to recent reports, the bank is using its Quorum blockchain solution to help sustainable miners receive a premium on global market prices by tokenizing gold bars. The Enterprise Version of Ethereum Quorum is the enterprise version of Ethereum that works on smart contracts. The blockchain is

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Dusk Network Debuts on the Ethfinex Token Sale Platform

Dusk Network Debuts on the Ethfinex Token Sale Platform

Dusk Network aims to use zero-knowledge cryptography to eliminate middlemen from the regulated markets while ensuring regulatory compliance. The Dusk Network token sale will be held on Ethfinex’s new token sale platform, also becoming the first token to be sold on the platform. Dusk Network Token Sale Begins The Dusk Network tokens will be sold on Ethfinex between October 26 and November 9. However, registration for the token sale will end on November 5. The fundraising goal of Dusk Network is $14.4 million, with $1 million of that will be available to Ethinex users. The ERC20 based utility

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