from their site:
Ethereum is a platform and a programming language that makes it possible for any developer to build and publish next-generation distributed applications.
Ether, Ethereum’s cryptofuel, powers the applications on the decentralized network.
Ethereum can be used to codify, decentralize, secure and trade just about anything: voting, domain names, financial exchanges, crowdfunding, company governance, contracts and agreements of most kind, intellectual property, and even smart property thanks to hardware integration.
what if our thinking about security, voting, measuring exchanges, contracts, property…is what’s getting in the way. what if they are (could/should be) irrelevant (gupta roadblock law). we have the means now – so why don’t we use tech to coordinate/regroup/re self organize us.. rather than making b more efficient…
Ethereum borrows the concept of decentralized consensus that makes bitcoin so resilient, yet makes it trivial to build on its foundation. To find out more about how Ethereum works, consult the white and yellow papers.
…will you build with ethereum?
Most of the services you use today have something in common: they are centralized. For example, when you deposit money at your bank, you trust them to be honest, be secure and be independently audited. The same is true when you post pictures on Facebook, or an important document on Dropbox. History has proven time and time again that this model is flawed, but necessary, as ‘trustless’ operations have been so far both unprofitable and too complex to implement.
Applications built on Ethereum do not require their users to trust the developers with their personal information or funds. Ethereum not only addresses the issues described above, it also opens the door to whole new kinds of applications that have never been seen before
– – – –
The Entrepreneur: Joe Lubin, COO of Ethereum http://t.co/uJgNICD4Ny via @epochtimes
Original Tweet: https://twitter.com/VenessaMiemis/status/528778961585979392
Epoch Times: What is Ethereum all about?
Joe Lubin: We are taking the core ideas from the bitcoin blockchain and we are improving them in a variety of ways, making it faster and more secure.
We recently set up two companies. One in Toronto, which is a nonprofit. Its purpose is to be a nonpartisan industry body, made up of the different players. It will make sure the Ethereum infrastructure works fairly and independently. It’s like ICANN for the Internet.
– – –
Project Ðouglas: http://t.co/AhMMOk0snx ; an Ethereum experimental project focusing on the decentralization of governance.
Original Tweet: https://twitter.com/mbauwens/status/528989183864340480
Project Highlight: Project Ðouglas
secure private reliable social networks – sprsn via Vinay:
black swan – 30 nice cryptographers in a room – the social dynamics to hold it together..
smart team, good ideas, adequate budget
might end up w/15/20% of people using internet… not some kind of messianic/political movement bitcoin was
take (policing out) the slack in the system – that is used by the powerful
(all related to using/assuming money..?)
taking out un-useful middlemen
ie: camera that raises money for itself
code lawyers… read code.. then signs contract to cover (insurance) you if code breaks down
blockchain cameras for proof – ie: that didn’t get taken to my location, hotel room didn’t open, etc – freelance inspector… for refunds..
enough social consciousness from the growing transparency.. that the good of tech use will overcome the bad
march 21 – 2015 launch
poverty level – because don’t have institutional weight.. so this oversteps that..
cell phones arrive in the villages with blockchain programs on them…
we have to decide how much more we are going to take.. if the answer is much more – this tech is going to be very bad for us.. but if we decide to take charge…
one full node per village – rather than per phone company (keeping on phone is best.. but having to keep it light)
ibm has taken a fork of ethereum – hacked with bitcoin – called – adapt..
we could have a system perfectly safe.. that would be also perfectly powerful (govt)… i don’t think we want that.. (the need for safe-ness is more our corrupt system)
we are not interested in picking up where bitcoin left off
blockchain has gotten off to a start – of political theme.. i’m thinking we want more of a mixed theme… some decentralized some centralized..
culturally important rather than financially valuable
we’re funded – so not currently taking more money
if you want to help – there’s a bug finding bounty
we need to keep expanding/broadening the perspective.. until we’ve got global use
i’m all for crazy social dislocation
on blockchain – may 9, 2015:
Ethereum, widely seen as the most ambitious crypto-ledger project, wants its blockchain to go beyond transferring value: it should also be able to execute simple tasks such as verifying if a party to a contract has fulfilled its side of the bargain. Its boosters think such a machine could support “smart contracts”, where a computer can verify or enforce an agreement. The next step is for robots to go into business for themselves, for example a computer server renting out processing capacity, and using the profits to upgrade itself.
blockchain in all it’s incarnations is a database type designed specifically for use in a DCN. It can hold any information, and can set rules on how information is updated. Its primary feature is that it is updated in discrete chunks called ‘blocks’ which are ‘chained’ together using hashes of the previous blocks content.
Because it is impossible to predict what second piece of data will produce the required hash, you must randomly iterate through possible data until you find one that produces the hash you require.
Because of its distributed nature and built in cryptographic security it can act as a third party, capable of arbitrating trustlessly, and without interference from outside parties. Through the use of cryptocurrencies decisions made by software can have financial consequences for people, organisations or even other software.
This provides developers with new ways to enable interactions between parties across the Internet. While I explain the subtleties of the development of decentralized-apps I will give use cases and try my best to explain the importance of each one.
The plot to replace the internet‘Ethical hackers’ in Fulham think they have a way to make your online life truly private, secure and anonymous. The world will be very different if they succeed
The internet has changed its character dramatically several times over its short life. It started in the late 1960s as a military project, morphed into an academic network in the 1980s and was transformed into a vehicle for commerce in the 1990s, before being invaded by social media in the 2000s. Now it’s on the verge of a change that puts all the others in the shade.
An alternative way of organising the internet is being built as we speak: an internet where no one is in control, where the government can’t find you or shut you down, where big tech companies aren’t able to learn everything about you. A decentralised net that is both private and impossible to censor.
Ethereum uses something called a ‘block chain’ to record information on a public database in a chronological way that prevents copying, tampering, fraud or deletion.
may 2015 – Ilaria Rocchi and Vinay Gupta discuss the Ethereum Project and theories of political change
8 min – on explanations of blockchains being wrong.. and dangerously so
11 min – 7 layers our from the convo we keep having
14min – build temp cities.. – temp countries… (ie for refugees)… if we do.. we need to do things like ..
paperwork? credential.. et al … w/o passport… money..
then have – 10’s of millions of highly educated
17 min – name resolution – so that we don’t have to go through un et al… the possibility to push the nation state back out of the internet… restore we the people..
18 min – a self-governing library
19 min – a global regulated commons for the virtual – the things that aren’t basically safe… absolute minimum.. censorship free communication system
20 min – on rojava – and a continuum of revolution
23 min – on naropa uni, gpg, ..
24 min – my hope – that ethereum stays in creative realm and out of political realm … ie: ethereum getting passports to refugees… give them identities that no one else will..; re-credential dr’s; 2nd hand cameras living on block chain – so pools of used properties, smart property; …
32 min – this is going to scare anyone who makes their living out of oppression or advertising
33 min – explaining blockchain
42 min – on mobile phone banking
Vinay – can we go w/o money..?
47 min – on conversations/debates we’re having now.. about internet.. are tiny.. real challenges are all around us.. my hope is to create this free environment
49 min – on web more for pdf than for gold exchange..
50 min – on the mis-estimation of publics readiness for global/revolutionary change… we can be a new pillar – w/o tearing down other structures.
rather than against ness… a going forward ness
52 min – radical change: let’s go build a city on mars; taking care of business: creating alternative structure
56 min – on why we (the people) aren’t changing.. – too comfortable.. govt ignoring global warming.. but has been ignoring poverty even more
57 min – until people of world decide they want a better world.. a shift in fundamental public awareness (not ed, what’s in hearts) … the world will continue to be awful… my goal is winning what we have with the consciousness we have
perhaps we need a placebo type jumpstart.. for the 99
58 min – so ethereum as web 3.0 to help this happen – make world a better place.. and pays its bills…
1:00 – it’s our business model not our tech that is the core competitive asset.. an internet that works for us
Ethereum: “Delivering all the power of the Stacks, but fully decentralized” @ethereumproject A People’s Stack maybe? https://t.co/FeuIMkWryk
Original Tweet: https://twitter.com/leashless/status/605503775349047296
on using bitcoin ness in other realms… basic problem that bitcoin solved that digital space was looking out for 30 years was a time stamping problem.. blockchain came out with first solution
other uses than money, ie: domain registration… any kind of application that can benefit from being able to tell when original sent
ethereum.. take this general idea and make it abstract… de centralized consensus system… operating system that you can build on top of any feature
6 min – idea of platform completely in the background
15 min – my dream – take internet forward and take it to its logical conclusion… which i don’t know for sure… but ie: mesh networking (what if anyone can participate),
17 min – turing completeness (a computation that has loops) not all that relevant
22 min – ethereum is the platform, ether is the oil that makes it work – regulating/mediating computation
26 min – on renting out space (dropbox ish) and computational work and bandwidth
27 min – non financial category… ie: de centralized govt… coorp.. org.. decentralized voting… reputation systems… credential systems.. name registration… ie: a decentralized twitter…
31 min – on how the decentralized drop box works… creating redundant nodes so that any one of them can re create the whole
32 min – ethereum not a currency.. a platform.. so you can use whatever currency you want
35 min – ecosystem of apps – we’re calling them daps – so that like java – people can benefit from them without understanding them
37 min – on ethereum being both less/more efficient
39 min – consensus system – tells you what happens in what order, state system verifies
47 min – algorithms not locked can evolve over time
48 min – ethereum is not a currency.. it’s an abstract platform that lets you do whatever you want
57 min – on buying ether..
? – doesn’t sound equitable… so doesn’t sound like it’s on a road to the full potential of the web..? no?
on ethereum not being currency ie: bitcoin – hard to change the system within the system
so – why do we need a floss (structure for flok) or ethereum or ?
resonant of Ed and lms. first we used moodle, then ning, then facebook & twitter, the web in house/city, the mobiles/chalkboards in city..
can’t we just use w w w ? (www)
Given the state of our 25-year old web and all the problems inherited from legacy 1970’s systems design, we should pause and take inventory of those components which are fundamentally broken and would offer a substantial return on development investment. Intersecting this concern with security, privacy, and censorship resistance,
so what if we don’t want a return on development investment.. and what if security/privacy/censorship can become irrelevant..
As netizens, a shared duty falls on us to explore, exploit, and implement new technologies that benefits creators, not oppressors.
or – a nother way to live – where people are to busy doing whatever they want to oppress..
And while cryptography first allowed us to secure our messages from prying eyes, it is increasingly being used in more abstract ways like the secure movement of digital value via cryptocurrencies. If PGP was the first major iteration of applied crypto and Bitcoin the second, then I anticipate that the interaction and integration of crypto into the very fabric of a decentralized web will be the refined third implementation, taking root and blossoming in popularity.
.. what if there are no prying eyes… what if we tackle that instead.
Evaluating this context in a larger diagram of any systems infrastructure, it’s obvious that our current web isn’t as privacy secure or censorship resistant as we desire. Economies of scale have allowed single institutions to offer a vast amount of processing power and storage on the internet for very low prices, thereby increasing their market share to a point where they individually control large segments of internet activity, often under the supervision of less-than-savvy governments. In a post-borders era where the Internet knows no bounds, such jurisdiction has little or no meaning.
in post-borders era where the internet know no bounds, perhaps such management of money/security/privacy/etc has little or no meaning…
We’ve spent decades optimizing the protocols that the internet was first founded on, but it’s time to recognize opportunities lost by continually patching the old system instead of curating a new, optimized one.
opportunities lost by continually patching the old system (ie: monetary/currency/exchange rather than commons ness).. no?
article written by Taylor Gerring
One of the major findings of cryptoeconomics in the last 2 years is that it’s very very hard to explicitly incentivize “decentralization”
how ethereum is secure.. july 2015:
launch july 2015:
Ethereum: the World Computer
how will the internet work in the future – it will use ethereum
a planetary scale computer powered by blockchain tech
the secure backbone for everything…
the world’s first zero infrastructure platform
vinay’s post day of launch:
Ethereum: what’s about to happen
As is so often the case, to understand the present, we have to start in the past: blockchains are the third act of the play, and we are just at the beginning of that third act. So we must recap.
The actual story starts in the 1970s when the database as we currently know it was created: the relational model, SQL, big racks of spinning tape drives, all of that stuff.
The second act is started by the arrival of Tim Berners-Lee and the advent of the web. It actually starts just a hair before his arrival.
But the databases and the networks never really learn to get on….. could not find a common world-model which allowed them to interoperate smoothly.
The answer, as always, is in our own heads. The organizational assumptions about the world which are baked into computer systems are almost impossible to translate. The human factors – the mindsets which generate the software – don’t fit together.
When we need to translate from one world model to another, we put humans in the process, and we’re back to processes which mirror filling in paper forms rather than genuinely digital cooperation. The result is a world in which all of our institutions seem to be at sixes and sevens, never quite on the same page, and things that we need in our ordinary lives seem to keep falling between the cracks, and every process requires filling in the same damn name and address data, ninety times a day.
? i thought other way around…
Everything is always slightly broken.
Over and over again, we go back to paper and metaphors from the age of paper because we cannot get the software right, and the core to that problem is that we managed to network the computers in the 1990s, but we never did figure out how to really network the databases and get them all working together.
We’d like to fix that.
If you represent this simple agreement as actual detailed code, you get something like this. This is a simple example of a smart contract, and smart contracts are one of the most powerful aspects of the Ethereum system.
hmm. contracts..? as most powerful aspect..?
Bitcoins blockchain stores financial transactions. Ethereum’s blockchain stores smart contracts. You don’t rent space in a data center and hire a bunch of sysadmins. Rather, you use the shared global resource, the “world computer” and the resources you put into the system go to the people who’s computers make up this global resource. The system is fair and equitable.
A smart contract can store records on who owns what. It can store promises to pay, and promises to deliver without having middleman or exposing people to the risk of fraud. It can automatically move funds in accordance with instructions given long in the past, almost like a will or a futures contract.
ownership? promises to pay, ie: debt..?
When the web was invented to make it easy to publish documents for other people to see, nobody would have guessed it would revolutionize every industry it touched, and change people’s personal lives through social networks, dating sites, and online education. Nobody would have guessed that Amazon would one day be bigger than Wal-Mart. It’s impossible to say for sure where smart contracts will go, but it’s hard not to look at the web, and dream.
? – web invented to publish docs for other people to see?
Ethereum Frontier is a first step: it’s a platform for programmers to build services you might access through a web browser or a phone app.
Later we’ll release Ethereum Metropolis, which will be a web browser like program, currently called Mist, which takes all the security and cryptography inherent in Ethereum and packages it nicely with a user interface that anybody can use.
After that – and we’re talking a year or two – Ethereum Serenity will take the network to a whole new level. Right now, adding more computers to the Ethereum network makes it more secure, but not faster. We manage the limited speed of the network using Ether, a token which gives priority on the network etc. In the Serenity system, adding more computers to the network makes it faster, and this will finally allow us to build systems which really are internet scale: hundreds of millions of computers working together to do jobs we collectively need done.
ethereum via Gavin Wood (26 min) – feb 2014
Primavera De Filippi on Ethereum: Freenet or Skynet?
nov 2015 – ethereum devcon
Devcon1 – Ethereum Developer Conference livestream:
expert view on day 1: http://cointelegraph.com/news/115611/ethereum-devcon1-expert-view-of-the-first-day
If Ethereum is to achieve wide adoption, it needs to scale. Being a general purpose blockchain, scaling Ethereum is arguably more difficult than scaling BitcoinCT r: 3. As Ethereum is still a young platform there still is a lot of space for innovation.
Blockchains provide a single source of truth, established by consensus: participants agree on the data through a consensus mechanism, and that makes it true. Vlad Zamfir of Ethereum explained how economic consensus systems are a very new phemenon and not a lot of research has been done yet. Economic consensus is the only strategy we currently know of to achieve consensus in a fully public system.
what if finance ness is irrelevant.. in the future we could now have..
what if our thinking about consensus is what’s getting in the way. i’m seeing Louis‘s magnets pulling the puck. ie: why is there a puck. we have the means now – so why don’t we use tech to coordinate/regroup/re self organize us.. rather than keep on forcing us to consensus..
The new proof-of-stake mechanism of a future Ethereum version, called Casper, was also introduced by Zamfir.
notes from twitter on Don‘s talk – don’t see it on today’s livestream video
@dtapscott – the future is about mass #collaboration implemented through #blockchain technology. #devcon1 @FuturICT https://t.co/iQv6DEhKSB
Original Tweet: https://twitter.com/StefanSchose/status/664039188975771648
Awesome talk by Don Tapscott about the broader implications to economics and society of blockchain tech at #devcon1 https://t.co/xfYSEnOeWq
Original Tweet: https://twitter.com/lucksus/status/664038617417916416
What’s wrong in the world? Listen to #devcon1 speaker @dtapscott and use #blockchain to fix it. #Ethereum https://t.co/8G6VkHx4DV
Original Tweet: https://twitter.com/Ether_Press/status/664036351839481856
Sent via TweetDeckAlex Todd @Trust2Pay
Don Tapscott introduces concept of the “digital you” at #devcon1
Don (notes from his bit on his page) starts at 1:45 here:
at 5:12 – panel talking about – how developers have come up with similar things.. so nice if they all got together so that easy for html et al to transfer..
7:50 to end – interesting.. on transaction to zero.. legit middlemen.. et al
day 3 stream:
2:45 – on permission interface.. that you can set on any node on the tree.. https://twitter.com/ryepdx
seems like more work than we need.. but i know nothing of all this..
2:51 – hydra chain – hyko heath – an extension not a fork
3:27 – owen barnes – talking about a new way to work – starting with saying question of youth – what to do when grow up..over time.. come up with new things.. but then replaced by the things we fall into and stick with for the rest of our lives… all of us here very lucky.. but what about everyone else.. lots of them so much potential but don’t know what to do with it.. nobody is ever there to tell us if we’re doing the right thing.. right track.. it’s up to us to figure that out… talking about essentially – bullshit jobs and people not working to their creative potential.. has to be a better way… being a developer.. i make an app .. not happy about how it’s hosted.. and his problem is hosting ness…. because hosts/owners keep selling out…
for me ethereum is a way to take that data and encrypt it and scatter it all around the world.. at moment we put into 1/2 servers…
but then also talking about user experience.. that should be modeled after uber and airbnb
3:34 – guy from belgium..? – on the need for a transaction less world.. but then.. right to participate in the exchange value..
DEVCON1: Microsoft Announcing Ethereum Blockchain as a Service (ETH BaaS) on Azure Cloud
data centers w/azure growing rapidly – hyperscale global network
4 min – azure as the most open cloud… not the old microsoft – whatever your dev tools are.. we’ll support it
5 min – regulatory compliance.. we are the most compliant cloud – if there is a certification to be had.. we’ll get it.. there will not be a blocker.. ethereum blockchain as a service..
7 min – on wanting customers to be able to experiment rapidly.. and cheaply
9 min – consensys… goal that beginner can write first smart contract in 20 min… customers pick from menu
14 min – containers – to be able to mix and match… everyone in attendance 200 dollar credit for azure to start building…
“Ethereum Research Update” by @VitalikButerin: https://t.co/hcAUDX7bM3 Wow!! Can’t wait to see some of these ideas finished and tried!
Original Tweet: https://twitter.com/zooko/status/805982042248925184
A newer and simpler version of Casper began to solidify, and myself and Vlad continued on two separate paths: myself aiming to create a simple proof of stake protocol that would provide desirable properties with as few changes from proof of work as possible, and Vlad taking a “correct-by-construction” approach to rebuild consensus from the ground up.
A major topic of discussion was coming up with a rigorous and generalizable strategy for determining *optimal incentives in consensus protocols – whether you’re creating a chain-based protocol, a scalable sharding protocol, or even an incentivized version of PBFT, can we come up with a **generalized way to correctly assign the right rewards and penalties to all participants, using ***only verifiable evidence that could be put into a blockchain as input, and in a way that would have optimal game-theoretic properties? We had some ideas; one of them, when applied to proof of work as an experiment, immediately led to a new path toward solving selfish mining attacks, and has also proven extremely promising in addressing long-standing issues in proof of stake.
*gershenfeld sel.. only one i see – makes all others irrelevant
**rewards/penalties..not assignable.. workable.. useful.. to humanity
***what’s verifiable.. back to.. what i though vlad was.. correct by construction.. rev of everyday life living ness..
A key goal of our approach to cryptoeconomics is ensuring as much incentive-compatibility as possible even under a model with majority collusions: even if an attacker controls 90% of the network, is there a way to make sure that, if the attacker deviates from the protocol in any harmful way, the attacker loses money? At least in some cases, such as short-range forks, the answer seems to be yes. In other cases, such as censorship, achieving this goal is much harder.
again.. gershenfeld sel.. makes all this irrelevant
Vlad’s “correct-by-construction” approach, which emphasizes penalizing validators only if they equivocate (ie. sign two incompatible messages)
oh.. so not what i’m thinking
Another important area of protocol design is state size control – that is, how to we reduce the amount of state information that full nodes need to keep track of?
well – host life bits prob won’t reduce data size.. but completely diff data.. completely useful data..
Some proposals that have been raised have to do with deleting old non-contract accounts with not enough ether to send a transaction, and doing so safely so as to prevent replay attacks. Other proposals involve simply making it much more expensive to create new accounts or store data, and doing so in a way that is more decoupled from the way that we pay for other kinds of costs inside the EVM. Still other proposals include putting time limits on how long contracts can last, and charging more to create accounts or contracts with longer time limits (the time limits here would be generous; it would still be affordable to create a contract that lasts several years). There is currently an ongoing debate in the developer community about the best way to achieve the goal of keeping state size small, while at the same time keeping the core protocol maximally user and developer-friendly.
yeah. .. see.. none of this.. time sapping ness.. because whole focus would be on that simple enough mech ness..
Vinay Gupta (@leashless) tweeted at 5:40 AM – 22 May 2017 :
Bloomberg on the Enterprise Ethereum Alliance https://t.co/59z0DRURnu very big news for the blockchain ecosystem as a whole. (http://twitter.com/leashless/status/866619846099947520?s=17)
Vinay Gupta (@leashless) tweeted at 5:55 AM – 22 May 2017 :
Now the era of struggle as the entire world rushes into blockchain space. World class finance, media, PR people. Early actors hang in there! (http://twitter.com/leashless/status/866623590485159936?s=17)
World Economic Forum (@wef) tweeted at 5:30 AM – 21 Oct 2017 :
#BestOf: The electricity required for a single bitcoin trade could power a house for a whole month https://t.co/iD5tTmEwuD #economics https://t.co/0F3NQLtrzR (http://twitter.com/wef/status/921700106650472448?s=17)
? why spend any energy there..? (ie: measuring transactions.. validating people)
Ethereum Network (@EthereumNetw) tweeted at 6:08 AM – 1 May 2018 :
One of the most anticipated upgrade of public blockchains, which will probably be the biggest breakthrough since the invention of smart contracts, is now out of the drawing board (for the most part) and into code.
Sharding Proof of Concept Launches, Casper with 32 Staking Eth Requirements is Coming Says Vitalik Buterin
Which means what we have here is a skeleton, or the base foundations. The walls have to be built on top, the nice windows, the roof, and then the nice decoration and final touches.
The aim here is quadratic scaling, with Buterin stating: “The primary goal is massive scalability improvement
Once it is built and goes live, then each of the 100 shards will be able to process around 1.4 million transactions a day, giving the network a capacity of around 140 million transactions a day, or around 1,000 transactions a second.
At which point, those cryptokitties can come back and start playing again. And more widely, at that point ethereum would be ready for the mainstream. Just in time, we hope, for the new decade of roaring 20s.