Ethereum and Oracles

One of the more popular proposals for implementing smart contracts differently from the way they are typically presented in Ethereum is through the concept of oracles. Essentially, instead of a long-running contract being run directly on the blockchain, all funds that are intended to go into the contract would instead... [Read More]

the ethereum project: learning to dream with open minds

“And those who were seen dancing were thought to be insane by those who could not hear the music.” Friedrich Nietzsche</blockquote> Ethereum as a project is more than just a technology, even if technology is at its core. In the rush of creating, co-creating and debugging everything you sometimes lose... [Read More]

Toward a 12-second Block Time

One of the annoyances of the blockchain as a decentralized platform is the sheer length of delay before a transaction gets finalized. One confirmation in the Bitcoin network takes ten minutes on average, but in reality due to statistical effects when one sends a transaction one can only expect a... [Read More]

Background on the mechanics of the ether pre-sale

During the run-up to the ether sale we will be releasing a series of blog posts regarding our development plans and intended organizational structure. Today we describe some of the background details of the ether sale module.  The sale module will be displayed on our website at https://www.ethereum.org for the... [Read More]

On Stake

The topic of mining centralization has been a very important one over the past few weeks. GHASH.io, the Bitcoin network’s largest mining pool, has for the past month directed over 40% of the Bitcoin network’s hashpower, and two weeks ago briefly spiked over 50%, theoretically giving it monopoly control over... [Read More]