Ethereum has been working on a previously unknown project



Jun 26, 2018
Ethereum developers are planning to implement new strategies aimed at making the second most popular cryptocurrency more used. This also includes a new, previously unknown, update that’s going to make technological functionality much bigger - coindesk says.


Publishing refers to the transcripts of private meetings during DevCon4 conference in Prague. There they have talked about update called ethereum 1x, that seems to be ready as soon as the 2019 summer.

Transcripts’ authenticity was proved by one of the meeting attendees, who prefers to keep his identity secret. According to what he said, this proposal is still on a very early stage of development, so it can not be discussed publicly. Other developers refused to give any comments at all.

What is more, official inside-company document with transcriptions of all the meetings was published on github of EVM engineer Greg Volvin.

At the same time, Parity developer Afri Schoedon says that he knows nothing about plans of doing such big update in the nearest future.

According to information, one of the meetups was attempted by founders of startups, such as Ethereum and Consensys as well as by lots of other influential people of the industry.

How you can see from the published documents, Ethereum workers feel big pressure, because they now have to show the update’s road map to the society and explain the reasons of such rush in implementing update. Meanwhile, during the conference they have also discussed some smaller updates that used not to be bound with 2019 Constantinople hardfork.

In this, by the way, includes a potential replacement EVM (Ethereum Virtual Machine) that supports work of smart contracts code. Establishment of such called “rental” was discussed as well, it consists in fees on saving smart contracts and other smaller improvements. About rental, that is aimed at making blockchain grow not as fast, Vitalik Buterin has noticed that implementation of such mechanism will require huge changes.

You should also notice, the publication’s publicity itself is extremely important. While most of the developers are says about how it’s important to keep the work in secret, Vitalik keeps his work public, he’s against private talks and close forums.

At the same time, Afri from Parity has been tweeting about the information, emphasizing on that he’s very disappointed because such secret meetup had place.
Coin Payments
Best Change
BitStarz Casino
Advertise Here!
Similar threads
Thread starter Title Forum Replies Date
Margo News Early Warning System Against Airstrikes Switches from Ethereum to Hedera Hashgraph News 0
Selina Mary Will Ethereum price over take bitcoin in future? Coins 0
Denial11 Tradeshift Cuts Down On Its Transaction Costs Using Ethereum News 0
jhayster Claim your FREE ETHEREUM, BCASH, LITECOIN, and DOGECOIN NOW !! Initial Coin Offerings (ICOs) 0
Margo News Ethereum-based Virtual Museum Saves Artwork “Censored” by Authorities News 0
Margo News Telegram Open Network Will Be Compatible with Ethereum News 0
Lebedev Samsung is working on their own cryptocurrency based on Ethereum News 1
L Binary Options Trading Ethereum Classic Up Winning Strategies on Olymp Interface Commercial Section 1
Margo Vitalik Buterin Proposes to Increase Ethereum Wallet Fees News 4
Margo What Can We Expect from Coming Ethereum Hard Forks The Hitchhiker's Guide to the Crypto Galaxy 0
Margo Ethereum Hardforks Can be Watched Online via Fork Monitor News 0
Lebedev Ethereum is so Underestimated. Does it mean that it will raise in price? Trading 2
Margo Ethereum Core Developer Quits Social Media after Incessant Trolling News 0
Lebedev Waiting for another Ethereum. What the Constantinople hardfork can offer us? News 0
Margo Vitalik Buterin Announces Ethereum 2.0 Launch News 1
Lebedev Top Wallets for Ethereum Wallets, mining, hardware 1
Margo Modern Artists Use Ethereum in Crypto-art Project News 0
Margo Ethereum’s CryptoKitties Game Gets Litecoin Rival News 0
Margo Google Currency Converter Now Supports Ethereum, Litecoin and Bitcoin Cash News 0
Margo Ethereum Classic Review Coins 0
Margo Ethereum Review Coins 0
Olena Dubchak How the history of cryptology has changed Coins 0
Denial11 Lawyer Admits Craig Wright Has no Private Keys News 0
S Emotional trading has no result Trading 2
Margo Samsung’s Galaxy S10 Smartphone Has a Bitcoin Hardware Wallet News 2
Lebedev Event that has defined Crypto Industry Development News 0
Margo 5 Professions that AI has Already Mastered The Hitchhiker's Guide to the Crypto Galaxy 0
Lebedev What will make the bitcoin price as high as it has never been News 0
Lebedev Quantity of Nodes in blockchain network has fallen. What does it mean? News 0
Lebedev Bitcoin has stopped after three Years of growing, but why it is good? News 0
Lebedev IQMining - bitcoin cloud mining has never been so easy and so profitable Wallets, mining, hardware 6
Lebedev China. Been fighting for Opium - is fighting for Asics News 0
J Why Haven't I Been Doing This Before HYIP Talk 1

Similar threads

Private conversations
Rules Help Users
    You haven't joined any rooms.
    Forgot your password?