Tag Archives: ethereum

How will the new Ethereum economic model influence Ether’s price next year?

While Ethereum is often considered to be one of the most promising crypto currencies in the market,

there are still some technical issues to deal with. In order to improve the crypto-currency’s adoption rate, issues such as scalability, ease of use, speed and fungibility are still to be addressed. For analysts such as Jeff Reed, the Ethereum network will almost certainly become more important than Bitcoin’s in the future, as the Ethereum ecosystem is better equipped to overcome the challenges mentioned.

The migration from Ethereum 1.0 to Ethereum 2.0 could greatly improve the network and boost Ether’s price next year

The creation of new blocks is at the core of every blockchain network. Rewarding miners, or “stakers” to validate transactions and create new blocks is the way a network can create new coins. These rewards are incentives to help people stay motivated in securing the network and avoiding any network attacks. On the current Ethereum network, new Ether coins received by miners who create a new block follow a Proof-of-work (PoW) protocol. To be involved in the mining process, members put their computational power to work in solving complex mathematical problems. These rewards help them finance their operational costs and turn them a profit (depending on the price of Ether).

Next year, the Ethereum network will likely rely on a Proof-of-stake (PoS) protocol. This means that to be able to validate block transactions, a member will have to first own coins in order to stack them. The more Ether coins a given member has, the more staking power he will have. Regarding potential attacks, this consensus algorithm is considered to be less risky than the Proof-of-Work protocol. Ethereum 2.0 has mainly been designed to improve the scalability of the Ethereum network. Going from a proof-of-work to a proof-of-stake model to validate transactions and issue new blocks should improve the network’s scalability and security, while bringing down costs and improve transaction speed.

After being postponed several times, the date of the next hard fork of the Ethereum network (called Istanbul) is finally confirmed and scheduled for December 4

This implies that all the technical upgrades and improvements of Ethereum 2.0 should be introduced next year. Many analysts and investors expect this event to have an impact of Ethereum’s adoption, which should be seen in Ether’s price. There is a hope that Ethereum will trigger a 2020 altcoin boom, propelling Ether’s price to new highs. There are many possible ways of making money with Ethereum crypto. It all depends on your knowledge of the crypto world and how much time you have to dedicate to it. Among the most rewarding and exciting ways you can get involved are 1) trading Ether through CFDs, 2) buying Ether through an exchange to store them on a wallet, as well as 3) mining (soon staking) Ethereum.

The launch of a public main network for this updated version of the Ethereum’s ecosystem must follow a multi-stage process

‘The way that Eth 2.0 will be rolled out is that it starts off being separated Eth 2.0 chain. Then there’s a link between the two chains and then eventually the kind of existing Ethereum chain gets kind of fully merged into the Eth 2.0 chain’ explained Ethereum’s founder – Vitalik Buterin to Angie Lau from Forkast News. ‘But it’s definitely this multi-stage process. And the reason we did this is to be safer and more conservative. Like you don’t want to move the entire existing ecosystem onto the fancy new thing before you’ve proved the fancy new thing can work. And the fancy new thing here includes proof of stake. So it’s not just a technology change, it’s also an economics change’, he added.

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Ethereum vs Tron — Which Platform Has Better Future?

Ethereum vs Tron — Which Platform Has Better Future?

After Bitcoin introduced blockchain technology (or at least popularised it),

many brilliant minds of this world started exploring it since it displayed great potential. In fact, blockchain was so interesting as a concept that it prompted the creation of numerous projects, Ethereum being the most prominent one. However, Ethereum is not alone in the crypto world — it now has a serious competitor that, according to some enthusiasts, has the potential to overtake Ethereum in the race of making the world more decentralised. This project is called Tron. Unlike Ethereum, a general decentralised platform for making any kind of dapps, Tron tries to stay within the ‘digital content platform’ boundaries, although it seems that there are no substantial differences between the two.

The Next Big Tech Giants?

The competition between Ethereum and Tron is close to emerging into a full-scale rivalry as the popularity of decentralised application grows. For developers, this is a matter of utmost importance, as many professionals predict the battle of Ethereum vs Tron could be the next Microsoft vs Apple. But developers are not the only people interested in these two projects. Investors from all around the globe, both big and small, are looking for opportunities to make a profit, and some already have with Ethereum. However, with a new and potent project coming to the crypto world, investors might change their strategies a bit.

Ethereum Leads the Way

Although Tron is working actively on promoting the platform, its popularity is still way behind that of Ethereum. In order to compare the influence of these two companies, we have to make a short comparison of their coins. Ethereum’s Ether (ETH) is currently the second most popular cryptocurrency after Bitcoin. The current market cap is more than $14.5 billion at the moment. On the other hand, Tron’s investors have amassed almost one billion. Therefore, it’s safe to say that the current market cap size is definitely a huge advantage for Ethereum. Yet, Tron’s popularity has skyrocketed recently for various reasons, including some interesting projects based on this platform. Although it cannot compete with ETH at this moment, there’s one thing that gives Tron a huge advantage — it’s from China and can potentially have a huge market with more than one billion people.

So Which Platform Has a Better Future?

At this point, it’s impossible to tell which platform will win the race — if it’s a race in the first place. The most likely scenario is that both platforms are going to have substantial user bases and co-exist. However, the crypto industry, as well as blockchain technology, is still young, and there’s no way to predict what could happen in the future. Who knows, perhaps some other similar platform will shift the focus away from Ethereum and Tron.

Both Vitalik Buterin, the creator of Ethereum, and Justin Sun, Tron’s founding father, are doing a great job at upgrading and promoting their respective platforms. What’s even more astonishing is that both are very young. Sun is 29 and Buterin is only 25. In fact, the Russian-born Canadian programmer was only 21 when he started the Ethereum project. Both are brilliant minds with an exceptional feel for tech innovations, and they don’t lack marketing skills either. However, their leadership skills are what makes them real rock stars, and they are definitely going to be here for a while, although Sun will have to do his best to reach the popularity of Ethereum.

The Choice Is Not Binary for Investors

As the battle between Ethereum and Tron continues, many investors are looking for other alternatives along the way — altcoins that have been doing pretty well lately. Therefore, if you’re not certain about whether to pick ETH or TRX, you should research other possible options too. One of the cryptocurrencies that has gained a lot of attention lately due to its unique properties is Ripple (XRP). This full intro to Ripple coin explains how this crypto works and talks about its advantages compared to other cryptocurrencies.

Apart from XRP, many crypto traders are following the latest news about cryptos such as Tether, Bitcoin Cash, Litecoin, and others. Therefore, choosing between Ethereum and Tron should be a task for developers who are looking to develop decentralised applications, whereas crypto traders and investors can broaden the scope of their potential investments by considering other cryptos.

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Crypto News



Ethereum Will Surpass Bitcoin in Terms of Market Cap in 2020s, Influential ICO Expert, Ian Balina

Ethereum Will Surpass Bitcoin in Terms of Market Cap in 2020s, Influential ICO Expert, Ian Balina

As more businesses are launching on blockchain, Ian Balina,

an influential blockchain and ICO investor, has predicted that Ethereum will surpass Bitcoin in terms of market cap in 2020. The cryptocurrency expert, who migrated to the US at the age of 8 with his family, is affirming his believe and hope in Ethereum, the second leading digital currency with a market cap of $14 billion as at the time of filing this report. However, Bitcoin, the king of cryptos, has a market cap of $130 billion, which is 100x that of Ethereum.

While the market capitalization of Bitcoin is by far ahead of Ethereum, Ian Balina remains hopeful the digital currency will outperform Bitcoin in 2020. Also, in one of Ian’s post, the cryptocurrency expert condemned how people claim Ethereum is a scam designed to enrich the creator, saying Bitcoin was also disparaged by skeptics “People forget that crypto skeptics also call Bitcoin a scam,” claim Ian, adding that “it’s now reached a point were [sic] if you’re not called a scam then it means you’re not pushing the boundaries of the status quo”.

Ian, who once lost millions of dollar worth of cryptos to hackers during a live Youtube broadcast, spoke in response to a tweet by the founder of Mythos Capital, Ryan Sean Adams, who inferred that “Bitcoiners calling Ethereum a scam have actually empowered real scammers by rendering the term scam unobjective [sic] & hollow”. Ian Balina based his prediction on the growing Ethereum community, constant innovation and growth of DeFi and Stablecoins. He asserted that Bitcoin Network lacks leadership and innovation.

Looking at the present situation in the Ethereum blockchain, more firms are making use of the Ethereum network with the launch of several dApps. Beyond that dApps, Forbes published early 2019 that several notable companies are making use of Ethereum blockchain technology for enterprise solution. Among them are Amazon, Overstock, BBVA, BNP Paribas, Citigroup, Fidelity, Google, HPE, Microsoft, VMware, Siemens, and numerous others. Today, NewsLogical revealed that over 20,000 VIP ticket is being tokenise by UEFA on Etherum wallet, AlphaWallet.

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Olayode Yusuff

Olayode has made meaningful contributions to Huffington Post. Thrive Global, Oracle Times, The Indepedent Republic, and a host of other news magazine. He's a blockchain enthusiast covering news on notable cryptocurrencies and seminars from far and within.



Virgil Griffith, Ethereum Developer, Released on Bail for New Year

Virgil Griffith, Ethereum Developer, Released on Bail for New Year

The crypto space is no playground, as Virgil Griffith found out.

During a crypto conference in Pyongyang, Griffith reportedly shared significant details about the Ethereum platform, while also discussing the possibility to mine ETH in North Korea. The trouble arrived when conversations surfaced of attempts to import mining rigs and graphic cards to North Korea. This broke the US embargo laws, and Griffith was taken under arrest at the beginning of December. Brian Klein, Griffith’s lawyer, tweeted

the news of the bailout:

Very pleased that earlier today a SDNY district court judge ordered my client Virgil Griffith released from jail pending trial, overturning the detention order of a SDNY magistrate judge.

Reportedly, the bond for his release reached $1 million, and will be released to stay at his parents’ home in Alabama. Despite the international, borderless nature of crypto assets, embargoes still stand when it comes to deals with the North Korean regime. So far, North Korea has attempted multiple illegal avenues to acquire crypto assets, including allegations of exchange hacks, and botnet mining for Monero (XMR). But the decision to organize a crypto conference, and invite an Ethereum developer, crossed a line that drew the attention of law enforcements. "Laws in this country are not suggestions," said Judge Vernon Broderick of the US District Court of New York. Griffith was accused of breaking  the International Emergency Economic Powers Act (IEEPA) for his relations and travels to North Korea. The paradox of Griffith’s case was that crypto was shown as a tool

to bypass sanctions.

Also likely NOT related but I think it’s a decent time to remind you about the “program wonder” that is Virgil Griffith. Thread, I updated with the acknowledgment Griffith turned over both of his passports.https://t.co/sVc5YWJwv2

In fact, it was precisely crypto-based relations which led to the sanctions. In 2019, it became clear that crypto usage and networks are not above and beyond the law. Ethereum is, in general borderless, but it is also not a token that is entirely censorship-free.It is possible to earmark ETH tokens, and track wallets, to prevent bad actors from liquidating to international exchanges. But a regime like North Korea may still have tools to gain access to the international finance system through crypto assets.

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Christine Masters

Business writer with a knack for bubbles and market madness. Has tracked it all: the financial crisis of 2008 and the implosion of Lehman Brothers; bank bailouts and peak gold and silver, penny stocks…and now Christine has moved to cryptocurrencies for fresh stories.



Ethereum’s Harmony will not support upcoming Istanbul hardfork

Ethereum’s Harmony will not support upcoming Istanbul hardfork


With the Istanbul hardfork expected to roll out by 4 December,

developers of the Ethereum community have been releasing several upgrades in its ecosystem.The testnets before the execution of the Istanbul hardfork have been activated with Rinkeby testnet being the latest one. While the community is gearing up for the Kovan testnet scheduled for December, the team lead at Ethereum Péter Szilágyi affirmed that Rinkeby was a success.

His tweet read,

“The Rinkeby #Ethereum testnet is officially in Istanbul!!! :-)”

In more recent updates, Ethereum’s Tim Beiko took to Twitter to elaborate on the developments that took place in the Ethereum Core Devs Meeting #75. After the release of several versions of Nethermind, Besu, and Geth, Parity v2.5.10-stable and v.2.6.5-beta was the latest versions to be released. The release would add block numbers for the activation of the Istanbul hardfork on the mainnet along with other updates. Along with the latest versions of Parity, Aleth 1.7.0 was also released which focused on EIPs for the Istanbul hardfork. While the developers urged the community to update their nodes, Beiko revealed that only 16% of nodes were updated. Additionally, Beiko revealed that Harmony wouldn’t be supporting Istanbul.

His tweet read,

“We also have an update from EthereumJ/Harmony to announce that they will stop maintaining their Eth1 client to focus on Eth 2.0. They will not be supporting Istanbul.”

While meeting mainly focused on Istanbul as there were no major updates pertaining to the Berlin hard fork. Furthermore, Beiko revealed the status of Ice Age and


“One final update, on the Ice Age! @JHancock is still looking at predicting exactly when it will hit. He will share the numbers with core developers as soon as he has them!”

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Sahana Kiran

Sahana is a full-time journalist at AMBCrypto covering the US market. A graduate in Political Science and Economics, she writes mainly about regulations and its impact.



CFTC Chairman Confirms That Just Like Bitcoin, Ethereum Is Also a Commodity

CFTC Chairman Confirms That Just Like Bitcoin, Ethereum Is Also a Commodity


The CFTC chairman confirmed that Ethereum qualifies to be a commodity

and all the forked assets like the Ethereum Classic shall be subjected to similar regulatory considerations.According to the latest report from Yahoo Finance, the chairman of the United States Commodities and Futures Trading Commission called Ethereum (ETH) a commodity. Speaking at the Yahoo Finance Summit, CFTC chairperson Heath Tarbet said that the ETH token falls under the regulatory oversight of CFTC. He further added that in the near future, one cannot rule out the possibility of having Ethereum futures in the market.

Tarbet said:

“We’ve been very clear on bitcoin: bitcoin is a commodity. We haven’t said anything about ether—until now. It is my view as chairman of the CFTC that ether is a commodity.”

Besides, the CFTC chairman also expressed his wish of the U.S. taking the leading role in the blockchain and digital assets market.

He said:

“I want to stress the importance of blockchain and digital assets to the United States, and in particular, as CFTC Chairman, I want the U.S. to lead in this technology.”

Besides, he also stated that the CFTC is closely working with the SEC on these two cryptocurrencies. These two regulators commonly agree that Bitcoin and Ethereum are not securities. Speaking on this matter, Compound Finance General Counsel Jake Chervinsky pointed out:


Forked Digital Assets to Get the Same Regulatory Status

Chairman Tarbet was also asked whether the same rules are applicable to forked cryptocurrencies. He said that any forked asset, Ethereum Classic, in this case, will get the same regulatory status as Ether.

He added:

“It stands to reason that similar assets should be treated similarly. If the underlying asset, the original digital asset, hasn’t been determined to be a security and is, therefore, a commodity, most likely the forked asset will be the same. Unless the fork itself raises some securities law issues under that classic Howey Test.”

Apart from Ether, Tarbet also answered questions on Facebook‘s Libra project. He said major regulators are looking into it and yet to determine is the Libra stablecoin falls under the security classification. “Is it a security, first and foremost. And if it isn’t a security, it is most likely a commodity,” he said. When it comes to having regulations for digital assets, Tarbet’s views are quite similar to his predecessor Christopher Giancarlo. The ex-CFTC chairman is known popularly as ‘Crypto Dad’ for his pro-crypto stand.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.




Ethereum (ETH)’s Next Big Move Is Just Around The Corner

Ethereum (ETH)’s Next Big Move Is Just Around The Corner


Ethereum (ETH) is finally close to its next big move that we have been waiting to come to fruition for weeks.

The symmetrical triangle on the 4H chart will now either see a sharp breakout to the upside or to the downside. Considering that the cryptocurrency market is still due for another downtrend and the condition of the Stochastic RSI and RSI for ETH/USD on the 4H chart, I’m inclined to believe that we are very likely to break to the downside. The price remains below the 38.2% fib retracement level despite numerous attempts to break out. As long as that is the case, I have no reason to be bullish on Ethereum (ETH) or any other cryptocurrencies. 

Many traders are waiting for a trend reversal at this point but I think it might turn out of be very risky as we do not know where the floor is. If the price starts to decline from here, I would not be surprised to see it crash below even $155 during the next downtrend. I am open to the possibility of the price breaking the symmetrical triangle to the upside but I would consider that to be a fake out and an opportunity to add to short positions. In any case, I would be very surprised to see the price closing above the 61.8% fib retracement level on the daily time frame. In my opinion, we are close to seeing the current move coming to fruition with the price completing a big move to the downside. This next move is what is very likely to turn the sentiment bearish once again and I think that would be a point to expect a short term trend reversal.

The daily chart for Ethereum dominance (ETH.D) is an even better indicator of what is likely to follow in the near future. If the rising wedge breaks to the downside as I expect it to, then we have a very high probability of the altcoin market experiencing some serious pain. RSI on the daily chart for Ethereum dominance points to a similar outcome. We are now very close to seeing a breakout in ETH/USD but if we link this chart with the ETH/USD chart, we get the complete picture and that is the strong probability of the beginning of a new downtrend from here. 

Ethereum (ETH) and other cryptocurrencies are long way from breaking out of the current bear market just yet. In my opinion, we are in the second half of the ongoing bear market and there is no reason to be bullish on Ethereum (ETH) or other altcoins as long as the market has not made the inevitable moves to the downside. Everyone is looking to buy the dip but most of you who have been around since 2014 or before would know that this is now what it feels like when the market bottoms. No one wants to buy the dip thinking it is the end and that is when the next cycle actually begins.

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Jefe Caan

I work as the key Trading Analyst for Crypto Daily and provide the team with regular analyses and updates regarding the technical performance of all cryptocurrencies on the market. I am responsible for the production of articles and posts for Crypto Daily’s own technical analysis section and spend my time monitoring and commenting on the varied moves the markets make on a daily basis.



Hacker Who Grabbed Top-Level Ethereum Domains Voluntarily Returns Them

Hacker Who Grabbed Top-Level Ethereum Domains Voluntarily Returns Them


The hacker who managed to exploit an auction by the Ethereum Naming Service (ENS)

to grab top-level domains has voluntarily returned the domains he took. Since September 1 digital collectibles marketplace OpenSea has been having an Ethereum domain auction, where “.eth” domains are being auctioned to the highest bidder. These domains, unlike those working on the standard DNS domain, can’t be forcibly retrieved once allocated, as they’re on the Ethereum blockchain. Using an exploit in the auction software distributing the ENS domains to participants, the hacker managed to get a hold of top-level domains like “apple.eth”, “defi.eth,” and “wallet.eth” without being the highest bidder. Overall, the user took 17 domains.

OpenSea wrote in a blog post:

One user discovered an input validation vulnerability that allowed them to place bids on a name that actually issued a different name.

The auction suffered from other issues, as domains like “bitmex.eth” and “hodls.eth” had bids incorrectly processed. These weren’t, however, affected by the exploit. The affected domains were initially blacklisted by OpenSea, although the marketplace asked the hacker to return the domains so they can be re-auctioned. In return, it offered the hacker a reward of 25% of the final auction price, as well as the original bid. The offer seems to have worked as on Twitter, OpenSea revealed the domains were voluntarily returned.

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Francisco Memoria

Francisco is a cryptocurrency writer who's in love with technology and focuses on helping people see the value digital currencies have. His work has been published in numerous reputable industry publications. Francisco holds various cryptocurrencies



World’s Largest Furniture Retailer Uses Programmable Cash on Ethereum to Settle Invoice

World’s Largest Furniture Retailer Uses Programmable Cash on Ethereum to Settle Invoice


Retail giant IKEA has settled an invoice with a local retailer using an Ethereum-based token.

Supply chain payments platform Tradeshift transferred a digital version of the Icelandic króna that was created on Ethereum by fintech company Monerium. Ethereum, an open source, public blockchain, allows developers to create a number of financial tools to power the digital economy while stripping away middlemen. Through the use of smart contracts, which are executed once agreed upon terms are met on both sides of a deal, trust is established without the need for third-party intermediaries. Smart contracts effectively reduce burdensome paperwork and eliminate redundant verification procedures.

Stefán Árnason, chief financial officer of IKEA Iceland, says the platform, which connects the money and payments flow to the invoicing to the actual inventory, squashing “double dip financing fraud”, will alter business relationships. “A programmable financial supply chain, where trading partners can connect information flows to money flows through smart contracts, will transform how suppliers and customers interact.”

Gert Sylvest, co-founder of Tradeshift, says “smart invoices” allow merchants to represent future cash flow down to each dollar on the invoice. Payments can be programmed to settle on the actual due date, raising the bar on other services such as short-term credit to small and large companies that can be delivered automatically.

The Ethereum-based e-money differs from cryptocurrencies in that it represents fiat currency.

Says Sveinn Valfells, co-founder and CEO of Monerium, “Unlike cryptocurrency which is volatile, e-money is a proven digital alternative to cash, regulated and redeemable on demand. Using programmable e-money in smart contracts heralds a new category of payments.” The e-money movement is in line with IKEA’s efforts to streamline and conserve. The retail giant, founded in 1943, is responding to a changing world and the impact of e-commerce giant Amazon by taking a number of steps to modernize its business practices, reduce emissions and simplify manual procedures.

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The Daily Hodl Staff






Ethereum 9¾: Ethereum & Mimblewimble Meld Arises to Conceal Token Spends

Ethereum 9¾: Ethereum & Mimblewimble Meld Arises to Conceal Token Spends

If you consider technical innovations to be magical, then there is plenty of magic happening around Ethereum right now.

One of the newest of those innovations? Ethereum 9¾, a proof of concept system that uses powerful privacy techniques to conceal Ethereum token transactions. Named after the magical train platform from the Harry Potter series, Ethereum 9¾ specifically relies on Mimblewimble, zk-SNARKs tech, and more to build out its privacy protections.

Popularized by cryptocurrency projects like Grin and Beam, Mimblewimble itself is a an extremely efficient and private protocol that only lets transaction participants see transaction details. It is also titled from the Harry Potter canon, wherein a spell bearing the same name is used to block the speech of those who are affected by it. Introduced by software engineer Wanseob Lim over the weekend in the Ethereum Research forum, Ethereum 9¾ aims to make it so that ERC20 tokens don’t have to “speak” either and can thus be used anonymously. The system appears to be the first time or among the very first times the technology of Mimblewimble has been used in direct tandem with Ethereum. “Using both concepts of ZCash’s commitment-nullifier scheme and Mimblewimble protocol together on Ethereum, it hides the transaction details and the token flow while guaranteeing no money is printed out of thin air,” Lim said.

Takeaways? More DAOs and More Affordability Coming

Privacy developments around the Ethereum ecosystem have been picking up steam in 2019, and Ethereum 9¾ is among the latest threads to watch in that arena. So what might we expect from the system or other systems inspired by it going forward? In his announcement of the new construction, Lim concluded the tech could lead to new types of DAOs (decentralized autonomous organizations) and DeFi projects, as it allows token transactions to be aggregated and for the associated relayers to collect fees.

Lim explained:

“As a result, because the relayers can aggregate transactions and gather some fee, it is expected to see appearance of new DAO systems. For example, we can build a system where everyone can participate as relayers and decide their transaction fee or delegate stakes for the optimistic roll-up to receive a share of the fee revenue. De-Fi products can also use this model for their investment sources.”

Moreover, Lim added that even though an Ethereum 9¾ transaction costs more in gas than a transaction that does not require Mimblewimble, these costs should soon be cheaper. And the engineer pointed to more work being done in the future to

bring these costs lower yet:

“Accordingly, the next step should be finding a way of reducing call data size and constraints as possible as we can. However, Ethereum 9¾ is still promising, and the upcoming Istanbul [upgrade to Ethereum] is going to make it more affordable than a bare ERC20 transaction, even it is a private transaction. Therefore, the hope is to see a new daily-use ERC20 wallet that supports private transactions using Ethereum 9¾.”

The Privacy Possibilities Are Widening

Lots of new privacy solutions for Ethereum have materialized this year. One of the firsts back in February was Zether. Months later the banking powerhouse J. P. Morgan and “Big Four” accounting firm EY launched their own Ethereum privacy tools, Anonymous Zether and Nightfall respectively. On the mixers front, solutions like Heiswap and Tornado have been introduced. Somewhat relatedly, some of the decentralized oracle specialists with the Chainlink project as well as other experts published a paper on Mixicles, a tool that uses oracles and smart contracts to make financial instrument transactions private but auditable. So Ethereum 9¾ is just the latest oncomer to arrive, but it likely won’t be the latest for long as more similarly-inspired solutions hit the scene.

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William M. Peaster

William M. Peaster is an expert writer and editor who specializes in the Bitcoin, Ethereum, and Dai beats in the cryptoeconomy. Has appeared in Blockonomi, Binance Academy, Bitsonline, Bitcoinist, and more. Enjoys tracking smart contracts, DAOs, dApps, and the Lightning Network. Learning Solidity.