How does Ethereum’s “Gas” actually work?

How does Ethereum’s “Gas” actually work?

“Gas” is the name for a special unit used in the Ethereum network. There are so many terms and technology discussions about this “DLT” platform, while it is eveolving, that this overview might help shed some light onto one of them. It measures how much “work” an action or set of actions takes to perform.…

Ethereum ‘Plasma’ Scaling Solution Stalls – Now Hoping for zCash ‘SNARKs’

Ethereum ‘Plasma’ Scaling Solution Stalls – Now Hoping for zCash ‘SNARKs’

casper FFG or TFG, plasma/plapps, snarks/snapps, serenity/chasper … Ethereum developer individuals are fighting for their own creations, respectively. Building developer consensus is still far out.   Efforts to scale ethereum, the world’s second-largest blockchain, are growing more varied as one much-anticipated solution encounters pitfalls amid its continued development. At the forefront of this transition has…

Retaining Amid Fierce Competition For Blockchain Talent: Coinbase Offers $5,000 Fertility Benefit

Retaining Amid Fierce Competition For Blockchain Talent: Coinbase Offers $5,000 Fertility Benefit

The benefit puts Coinbase in an elite category of employers with Google, Apple, and Facebook, which also offer egg-freezing benefits.   Silicon Valley cryptocurrency unicorn Coinbase has taken an unusual and expensive step to recruit and retain diverse employees. Since March 2018, Coinbase has quietly offered to cover up to $5,000 a year for treatments like egg-freezing…

Chinese Mining Pool BTCC Closes Indefinitely On NOV 30th

Chinese Mining Pool BTCC Closes Indefinitely On NOV 30th

It is a small pool these days: does not even show in hashrate distribution; last maintained 2.5% of the hashrate in NOV 2017, in JUL 2016 it had a 13% hashrate cut (see charts below).   BTCC Pool, the mining operation of Hong Kong-based cryptocurrency exchange BTCC, will close “indefinitely” at the end of this…

Russian/Georgian Success: Mining Hardware Maker Bitfury Raises $80 Million in Closed Funding Round

Russian/Georgian Success: Mining Hardware Maker Bitfury Raises $80 Million in Closed Funding Round

Obscure capital from obscure sources?   Bitcoin mining infrastructure provider Bitfury has raised $80 million in a closed funding round, the company revealed in a press release shared with Cointelegraph Nov. 6. The round, which comes weeks after rumors Bitfury was considering an IPO, was led by European venture capital fund Korelya Capital. Other participants…

IBM Patents Blockchain System to Create ‘Trust’ Between AR Game Players, Real World Locations

IBM Patents Blockchain System to Create ‘Trust’ Between AR Game Players, Real World Locations

IBM has applied for blockchain patent aiming to deter augmented reality game players from intruding on undesirable locations   Major global tech giant IBM has applied for another blockchain patent, this time aiming to deter augmented reality (AR) game players from intruding on undesirable locations. The tech firm’s latest patent document was released by the…

Quantencomputer erobern die Künstliche Intelligenz

Quantencomputer erobern die Künstliche Intelligenz

  Prozessor von D-Wave Systems mit 2000 Qubits (Bild: D-Wave Systems Inc.)   Die Superrechner sollen das Maschinelle Lernen massiv voranbringen. Pionier D-Wave will mit einem ersten Projekt zeigen, was möglich ist. Von Wolfgang Stieler, Robert Thielicke – 07 NOV 2018 Quantencomputer könnten ein großes Hindernis aktueller KI-Algorithmen beheben: Bisher sind riesige Datenmengen nötig, um sie…

There’s a New Plan to Build the Hardware for Ethereum 2.0: “Beacon Chain”

There’s a New Plan to Build the Hardware for Ethereum 2.0: “Beacon Chain”

Photo of Justin Drake   The Ethereum Foundation is funding efforts to create specializing mining hardware in partnership with blockchain data storage network Filecoin. Announced Thursday at Devcon, the annual gathering of developers in Prague, Ethereum Foundation researcher Justin Drake unveiled preliminary designs for application-specific integrated circuits, or ASICs, that will support an upcoming ethereum technology…

Trend of Global Crypto Mining: Despite the US-China Trade War, Breakeven Cost of Bitcoin Mining at $8,000, Activity Surges as Samsung and GMO Enter

Trend of Global Crypto Mining: Despite the US-China Trade War, Breakeven Cost of Bitcoin Mining at $8,000, Activity Surges as Samsung and GMO Enter

Throughout 2018, the cryptocurrency market experienced the fourth worst correction in its nine-year history, as Bitcoin lost more than 69 percent of the value from its all-time high of $19,500. Despite the substantial decline in the price of Bitcoin (BTC), which heavily affects the earnings of miners, the hash power of the Bitcoin network has…

Stinger Missile Upgrade Brings One Hundred Percent Hit-Rate

Stinger Missile Upgrade Brings One Hundred Percent Hit-Rate

The Stinger missile is the U.S. military’s main short-range air defense weapon, featuring in-flight guidance and an almost 0.5 kg warhead that sends shrapnel ripping through planes, helicopters, other low-flying vehicles and, when necessary, even ground vehicles. Recently, the missile’s manufacturer has created a new proximity fuse for the weapon, which just passed qualification testing…

“FlyCroTug” Drones: Who Needs Thumbs? Not These Drones!

“FlyCroTug” Drones: Who Needs Thumbs? Not These Drones!

It’s an image maybe just as absurd as swallows carrying coconuts, but a reality infinitely more useful. A pair of small drones with winches and hooks work together to open a door, manipulating an object 40 times their own mass. The technique is novel, inspired by wasps, and suggests new tasks for small military robots…