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The Risk of Climate Change and What Tech Can Do: QCon London Q&A
Data centres create more emissions than the aviation industry due to energy usage and 24x7 availability, and the growth of the cloud computing and mining of cryptocurrencies is increasing the impact technology has on our climate. Moving existing servers to providers who use renewable sources of electricity could lead to planet-wide climate improvements. A QCon Q&A with Jason Box and Paul Johnston.
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Hyperledger Sawtooth 1.1 Adds New Consensus Algorithms and WebAssembly Smart Contracts
After the initial GA release back in February, the Hyperledger project has just released version 1.1 of Sawtooth, which mostly focuses on making it simpler to add new consensus algorithms and brings WebAssembly smart contracts.
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Amazon Introduces Managed Blockchain and Quantum Ledger Database
Amazon has announced a new managed service for creating and managing blockchain networks. The Hyperledger Fabric project is currently supported and support for Ethereum is coming soon. Amazon has also introduced a complementary blockchain service called Quantum Ledger Database (QLDB) which provides a managed ledger database to store immutable transaction logs.
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Ethereum Launches First Release of Casper, Client Testing Begins
In a recent reddit post, ethereum developer Danny Ryan announced the first release of Casper Friendly Finality Gadget (FFG), ethereum’s proof of stake consensus algorithm. This software release, includes the introduction validators, which will aid in the transition to a proof of stake (PoS) consensus blockchain.
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MIT Researchers Test Oracles and Smart Contracts on Bitcoin Lightning Network
The Massachusetts Institute of Technology (MIT) has revealed the results of their tests running smart contracts on the Bitcoin Lightning Network. Running smart contracts on the Bitcoin network isn’t necessarily new, however, the approach of using trusted entities called oracles with smart contracts is what makes their approach unique on the Bitcoin blockchain.
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State of Wyoming House Unanimously Pass Two Blockchain Bills
On February 19th, the State of Wyoming House unanimously passed two blockchain bills as a way to incentivize the industry to invest in the state's economy. The first bill, HB 70, focuses on utility tokens, offered in the form of ICOs, being exempt from state security regulations and the second, HB 19, excludes virtual currencies from the state’s money transmitter act.
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Coindesk 2018 State of Blockchain
Coindesk recently released their 2018 State of Blockchain report, which provides more than 160 pages of blockchain related research covering investments in top cryptocurrencies, enterprise blockchain solutions, raising capital through initial coin offerings, government, regulation and sentiment. InfoQ has analyzed this report and has compiled a list of key developments that impact our readership.
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As Banks Ban Cryptocurrencies Enterprises Start Joining the Blockchain
While controversy and value swings continue to dog Bitcoin and other cryptocurrencies, interest in the associated blockchain technology is rising, with major players in the financial and other industries showing signs of taking it seriously.
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Initial Metropolis Ethereum Hardfork Expected in September
The Ethereum Foundation released additional details about the upcoming update to the Ethereum network called Metropolis. The Metropolis hard fork is set to be divided into two core releases: Byzantium and Constantinople. Byzantium will be the first of the two releases, and is targeting a late September release and includes updates on transaction anonymity and predictable gas charges.
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Microsoft Announces Coco Framework for Enterprise Blockchain Networks
In a recent blog post, Microsoft announced a new open framework, called Coco, which targets enterprise consortium networks. The framework sits on top of existing blockchain platforms, such as Ethereum, and focuses on improving network throughput, adding new confidentiality models, network policy management and support for non-deterministic transactions.
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New Cryptocurrency Closer to Building Machine-to-Machine Economy
The IOTA team is advancing their cryptocurrency protocol to create an economy for IoT devices. The goal is for billions of internet driven devices to be able to exchange currency as well as data.
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Hyperledger Steering Committee Approves First Ethereum Project
In a recent blog post on the Hyperledger project website, Brian Behlendorf, executive director of the Hyperledger project, announced that the Hyperledger Technical Steering Committee has approved a proposal, submitted by Monax and Intel, to incubate the first Ethereum derived project called Burrow, a permissionable smart contract machine.
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Enterprise Ethereum Alliance Releases Vision Paper
The newly formed Enterprise Ethereum Alliance has published a Vision Paper outlining “a vision for users and stakeholders to propose, implement, and integrate advances to the Ethereum protocol with support for Enterprise Ethereum protocols.” In this paper the EEA discusses many topics related to Pluggable Consensus, interoperability, Ethereum protocol updates, storage and performance.
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The Enterprise Ethereum Alliance is Formed - Microsoft, Intel, JP Morgan, Startups Join
In a recent blog post, Microsoft announced their participation in the newly formed Enterprise Ethereum Alliance. The mission for this alliance is to learn from and build upon the only smart contract supporting blockchain currently running in real-world production and to define enterprise-grade software capable of handling the most complex, highly demanding applications at the speed of business.
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Building the Hyperconnected Future on Blockchains Paper Released at World Government Summit
At the recent World Government Summit, Hexayurt Capital and ConsenSys released a paper called “Building the Hyperconnected Future on Blockchains.” The purpose of the paper was to provide an Internet of Agreements (IoA) strategy and roadmap for the next wave of innovation in order to drive Globalization 2.0.