Blockchain Weekly #59: South Korea considers shutting down cryptocurrency exchanges, secure your smart contracts, become a bitcoin developer, and much more…

in #blockchain7 years ago (edited)

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NEWS

Bitcoin and Ethereum plummet as South Korea decides on total crypto shutdown

The value of two of the world’s most popular cryptocurrencies, Bitcoin and Ethereum, has fallen off a cliff after South Korea announced curbs on speculation ahead of a decision on a full shutdown, figures reveal.

Ethereum's Vitalik Buterin leaves VC firm to focus on crypto's future

Vitalik Buterin, the co-founder of Ethereum — the world’s second most popular cryptocurrency, trailing only Bitcoin — has left the China-based venture capital fund Fenbushi Capital on Monday.

Inside Telegram’s ambitious $1.2B ICO to create the next Ethereum

We have even more information about messaging app Telegram’s plans for cashing in on its popularity within the crypto community with the massive ICO for its proposed Telegram Open Network (TON) project (that we first reported), after obtaining the whitepaper and investor prospectuses in full.

London Blockchain week returns 19th-26th January 2018

It’s our 4th Annual Blockchain London Conference & Expo and the second year that it will take place during London Blockchain Week

FEED

Explanation of DAICOs

The following is a quick exposition of an idea I had for improving the ICO model by merging in some of the benefits of DAOs, but doing so in a way that minimizes complexity and risk.

The challenges of building Ethereum infrastructure

Several of our engineers, myself included, have spent a substantial portion of the past year working on building low level Ethereum infrastructure at BitGo. We’ve encountered a plethora of challenges along the way; in this post we’ll cover some of the more interesting ones.

Construction of a Plasma Chain 0x1

Plasma is a blockchain scaling solution designed by Joseph Poon and Vitalik Buterin that uses child chains reporting to root chains (i.e. Ethereum) to increase transaction throughput without any of the safety concerns that usually come with using smaller chains.

How to secure your smart contracts

In a potential future where whole organizations are governed by smart contract code, there is an immense need for proper security.

BLOCKCHAIN FOR NEWBIES

How to buy cryptocurrency

So you’re ready to buy some cryptocurrency. Maybe you’ve been reading up on Blockchain technology and you’re convinced it really is the future. Or maybe you watched a friend get rich off Bitcoin and you’re still kicking yourself for not doing the same.

Become a bitcoin developer

In this guide, we are going to explore what it takes to be a bitcoin developer. The fact of the matter is that Bitcoin and Blockchain technology, in general, is the hottest topic on earth right now.blockgeeks.com

Miners aren’t your friends

As developers, we like to believe in a consensus layer that takes care of all the hard distributed systems problems and lets us write applications. Miners live in the consensus layer, doing whatever it is miners do. Developers live in the application layer with the smart contracts: elegant programs that run perfectly forever on the Ethereum Virtual Machine (EVM). Our dApps interact with an eternal ethereal computer and rely on its integrity

Everyone is getting hilariously rich and you’re not

Recently the founder of something called Ripple briefly became richer than Mark Zuckerberg. Another day an anonymous donor set up an $86 million Bitcoin-fortune charity called the Pineapple Fund. A Tesla was spotted with a BLOCKHN license plate. There’s a surge in people looking to buy Bitcoin on their credit cards. After the Long Island Iced Tea company announced it would pivot to blockchain, its stock rose 500 percent in a day

Our process for evaluating new tokens

At 1confirmation, we evaluate all new projects based on 4 simple fundamentals that we think drive the long-term value of any token-based project: team, product, community and token mechanics. A project must be exceptional in all 4 categories for us to pull the trigger on a new investment

What is EOS Blockchain

EOS Blockchain is aiming to become a decentralized operating system which can support industrial-scale decentralized applications.

Let us know if we missed something. Leave a comment with significant blockchain-related event or article that should be included in this summary

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Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin12643.400$6.92%-11.49%
EOSEOS14.813$21.35%-6.27%
ETHEthereum1131.880$6.38%-18.52%
XRPRipple1.553$1.45%-21.32%

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