Parity Delays Ethereum Network Hardfork over Implementation of EIPs

Parity, a blockchain infrastructure company that runs the core of the Ethereum network, is delaying the Ethereum core devs’ planned hardfork until …

Parity, a blockchain infrastructure company that runs the core of the Ethereum network, is delaying the Ethereum core devs’ planned hardfork until Sept. 6.

Waiting on Parity

EtherWorld founder Pooja Ranjan provided notes from Ethereum Core Devs Meeting 69 via GitHub on Aug. 24 — a day after the dev meeting occurred. According to Parity core developer Wei Tang, the organization needs two more weeks before devs can proceed in selecting a block number for the Istanbul fork. According to Ranjan’s notes, Tang said that Parity will need until Sept. 6 for its implementation:

“We need time till 6th September to finish the implementation. Not only because we accepted EIPs late but right now we just happened to be a large code base refactoring and we probably want to merge them first before merging Istanbul EIP.”

One of the upshots of the meeting is that block number for the hardfork will occur after Parity’s implementation is complete. The devs decided on Sept. 6 as the deadline for the groups to implement their Ethereum Improvement Proposals, or EIPs. Additionally, they decided that a mainnet hardfork will only occur after a testnet block number is picked, and that the mainnet fork may be delayed.

Wei also cited concerns pertaining to gas issues, cautioning that it would be best to resolve them before implementing a hardfork. According to Wei, it’s preferable to fix these gas issues before launching a mainnet hardfork, since it will be more complicated to change course once the fork has already occurred. This, in turn, he argued, may actually delay the mainnet’s launch even more.

The Ethereum blockchain is filling up

As previously reported by Cointelegraph, Ethereum co-founder Vitalik Buterin recently said that the Ethereum blockchain is nearly full. This reportedly deters new adoption by potential Ethereum contributors. Buterin explained:

“Scalability is a big bottleneck because the Ethereum blockchain is almost full. If you’re a bigger organization, the calculus is that if we join, it will not only be more full but we will be competing with everyone for transaction space. It’s already expensive and it will be even five times more expensive because of us. There is pressure keeping people from joining.”

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Cuphead Coming Soon To A Tesla Near You

Cuphead, the tough-as-nails shooter straight out of cartoon history, is already on PC, Xbox One, and the Nintendo Switch. It goes without saying that …

For Some Reason

Cuphead, the tough-as-nails shooter straight out of cartoon history, is already on PC, Xbox One, and the Nintendo Switch. It goes without saying that the next home for the game should Elon Musk’s line of Tesla cars. Wait, that doesn’t sound right.

Cuphead gets release date

Musk appeared on a recent episode of a weekly podcast about… his cars, to speak about this very subject. He espoused Cuphead’s high difficulty level, along with how cool it is that they got it working in his line of Tesla cars. They’ve also gotten a handful of classic Atari games working in the same fashion. No word on why, though.

The first step was to get the Unity engine running on Tesla cars, after which a game was the next logical(?) move. Cuphead’s devs were thrilled to get this opportunity, stating that “getting a chance to work with such an innovative company has been really exciting. We hope Cuphead can add some classic fun to such forward-thinking vehicles.” Making sure the game ran perfectly was a critical component in the success of this venture. It’s a very reflex-heavy title, after all. On that note, wired controllers only when playing Cuphead in your car, please. Again, no idea whatsoever why this project is happening. Feel free to post answers, guesses, and bold exclamations in the comments below.

SOURCE

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Everyone is now Welcome on Bitfinex

One of the biggest crypto exchanges in the world is Bitfinex and they have recently revealed that they have removed the minimum equity of $10,000 …

One of the biggest crypto exchanges in the world is Bitfinex and they have recently revealed that they have removed the minimum equity of $10,000 that was required to start trading on a new account.

We’ve removed our equity limits so you can set yours. Join Bitfinex today, now with no minimum equity requirement. https://t.co/kQlfRcJBFVpic.twitter.com/mdfPQuUcy9

— Bitfinex (@bitfinex) 9 April 2019

The company is headquartered in Hong-Kong and made the update after being overwhelmed by the surge in demand from traders who were looking to access the platform in the past few months.

The Bitfinex CEO, Jean-Louis van der Velde wrote a Medium post announcing the news and said:

“We simply could not ignore the increasing level of requests for access to trade on Bitfinex from a wider cohort than our traditional customer base. For the last six months we have been working hard to ready our platform for a new wave of customer accounts and are now in a position to open Bitfinex to a wider audience” he added. “By dropping our minimum equity requirement, the only limits are now set by the traders themselves.”

With this upgrade, the exchange has just opened its door to anyone who is up for trade cryptocurrencies, as of April 9th.

Bitfinex’s Chief Technical Officer, Paolo Ardonio added that the key reason behind this update was to look for more involvement of the developer’s community.

One of the main reasons of this change is to get more dev community more involved. @bitfinex is quite significantly dev driven at its core and we want to let other devs building/contributing easily on/to our ecosystem. #opensource#decentralizationhttps://t.co/y47FGoL5O8

— Paolo Ardoino (@paoloardoino) 9 April 2019

The exchange also said that they will be upgrading “automated responses to common queries, and quicker issue resolution” from customer support. In addition to this, users will find a new know-your-customers portal.

Last but not least though, the companies operations will move onto more “self-designed, dedicated servers with premium hardware for advanced security and lowest latency.”

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Ethereum [ETH] ProgPow Carbon Vote signal will shut down at block number 7504000

During the recent Ethereum core devs meeting, the team discussed the roadmap, ethereum improvement protocol, Istanbul hardfork, ProgPow, client …

During the recent Ethereum core devs meeting, the team discussed the roadmap, ethereum improvement protocol, Istanbul hardfork, ProgPow, client and research updates. The team also reached a consensus on ProgPow, client updates and research updates.

On ProgPow, there were two important developments, namely carbon vote update and audit update. Carbon vote was introduced by the Ethereum team to determine whether Ethereum token holders wanted to change from the current Proof-of-Work algorithm to an ASIC-resistant one. This decision was made after several voices, both for and against its implementation, were raised. According to the recent decision, this vote would come to an end on block number 7504000, in approximately a little over 10 days.

The Reddit summary on ProgPow Carbon vote read,

“The [ProgPoW Carbon Vote] signal will be shutting down in 13 days from today. Everyone that wishes to vote will need to do so before this date and ensure they leave their ETH in the address they voted from until after block number 7504000, as per [Lane’s tweet].”

Lane Rettig, an Ethereum core developer, explained that ether would need to be in the carbon vote address up to and including when the particular block happens, for the vote to be counted. Subsequently, the vote would still be considered valid even if the coins are moved.

At press time, the percentage of community members in favour of ProgPow implementation was recorded to be 93.6042%, while the rest were against its implementation.

Source: ProgPow Carbon Vote

On the audit side of ProgPow, the Ethereum Cat Herders successfully managed to pool in over 15,000 DAI out of the total cap of 50,000 DAI.

Another core developer, Ameen Soleimani, asked for a clarification on an aspect pertaining to ProgPow. The developer asked whether there was a scenario where the audit does not get funded, but the team would still implement ProgPow. To this, Hudson Jameson responded by saying that there was indeed a scenario where this could happen.

The decision on client and research update was,

“[client/ research] will not provide generic verbal updates in the meeting but should provide an update in the comments in the agenda. If there are any questions or anything specific to discuss a space will be left to do so.”

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Ethereum core developer says the particular project is “a de facto technocracy”

Based on core developer Lane Rettig, “Ethereum governance has failed. ” In a twine posted to Twitter, Rettig explains Ethereum as “… a sobre facto …

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Based on core developer Lane Rettig, “Ethereum governance has failed. ” In a twine posted to Twitter, Rettig explains Ethereum as “… a sobre facto technocracy, where a small number of technocrats, the core devs, have got final say over what switches into the protocol. ” But Rettig adds a twist to their description of this power dynamic inside the protocol’s community by adding, “But the particular challenges we face today are usually increasingly non-technical. Core devs may want to make these decisions because they really feel unqualified, fear legal liability, are usually conflict avoidant, and prefer only to write code. “

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