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Coinbase Adopts Ethereum’s Constantinople for Facilitating Merchants USDC Payments

Coinbase, a San Francisco-based cryptocurrency exchange is taking advantage of Ethereum’s latest Constantinople upgrade to enable thousands of merchants around the world to accept USD Coin (USDC) through the Coinbase Commerce app, according to reports on August 14, 2019. Coinbase Integrates Constantinople Per sources close to the matter, Coinbase has adopted Ethereum’s Constantinople to enable thousandsRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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Coinbase Is Using Ethereum’s (ETH) Latest Upgrade To Help Merchants To Adopt USD Coin (USDC)

Coinbase Commerce, a special platform designed by Coinbase to be used by merchants, is using Constantinople, Ethereum’s most recent upgrade, to let its retailers use USD Coin (USDC). The platform, which helps investors who want to receive crypto payments, has recently added USDC, which is based on the Ethereum technology. Bojan Joveski, a software engineer […]
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Ethereum celebrates fifth anniversary with impressive network stats

On the fifth anniversary of Ethereum’s 2014 pre-sale, ConsenSys took a look back at the network’s history. This year has proved to be critical for Ethereum with data showing that it managed to rise from the 2018 crypto crash better and more popular than ever. World’s second-largest cryptocurrency boasts with better-than-ever stats Ethereum, the world’s second-largest cryptocurrency and one of the most popular blockchain networks on the market, is currently celebrating its fifth anniversary. Its pre-sale started in mid-2014 and saw a whirlwind of activity in its lifetime. Ethereum incubator ConsenSys took a look back at Ethereum’s history and highlighted the success the network has seen in 2019. According to the company’s post, the Ethereum mainnet has processed over 500 million transactions since its inception. Over 130 million transactions have been processed in this year alone and the network utilization currently hovers around 90 percent. Around 16 million Ethereum addresses have been created since the beginning of the year—a testament to the network’s rising popularity. There are currently over 70 million unique addresses on Ethereum, but only 616,000 of them were active and engaged in transactions on the network. The network is also slowly transitioning towards proof-of-stake. After undergoing the Constantinople hard fork back in February, Ethereum is now inching closer to its much-anticipated Serenity update. Such a huge increase in popularity and usage isn’t accidental—Deloitte’s 2018 report found that 95 percent of companies plan to invest in blockchain technology in 2019, while 84 percent believe blockchain is eventually scalable and will achieve mainstream adoption. With Ethereum being the world’s largest blockchain platform, it could become the go-to network for companies looking to enter into blockchain. Ethereum has the highest number of developers working on the core protocol To support the ever-increasing number of users and transactions, the Ethereum network needs constant upkeep. An Electric Capital Dev Report from March showed that Ethereum had the highest number of developers working on core protocol. It outranked Bitcoin, which has a much larger market cap, and research-oriented Cardano. The study found that Ethereum had the most robust and consistent developer growth, with an average of 240 active developers in January 2019. This represented an increase of 23 percent from the 190 developers that worked on the network in 2018. (Source: Electric Capital) With hundreds of developers working on the network, it’s no wonder that Ethereum is also the network with the highest number of code commits. According to Electric Capital, Ethereum has 8 times more commits than Bitcoin and 20 times more commits than XRP. (Source: Electric Capital) The work put into Ethereum is what gives companies the confidence to build and host their dApps on the network. ConsenSys said that of the top 50 dapps as ranked by State of the Dapps, 29 of them are built on Ethereum. However, looking into use case-specific dApps, Ethereum becomes much more prominent. Out of the top 50 finance dApps, 42 percent are built on Ethereum. Out of the top 50, 44 exchange dapps and 42 security dapps are built on Ethereum. All of this could point to a hugely successful year for Ethereum. While ETH seems to have hit a few bumps in the past couple of weeks, it seems that it has entered a consolidation phase. We are yet to see how its price holds out when many altcoins appear to be struggling against Bitcoin’s rising dominance. The post Ethereum celebrates fifth anniversary with impressive network stats appeared first on CryptoSlate.
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The State of the Ethereum Network: 2019

On the 5 year anniversary of the Ethereum crowdsale in 2014, a look at how 2019 has been treating the Ethereum network and crypto community.Five years ago today — on July 22, 2014 — the Ethereum crowdsale went live, kickstarting years of developer, startup, entrepreneur, and enterprise fervor. Five years later, the blockchain ecosystem is diverse, global, increasingly decentralized, and growing in importance, recognition, and prominence.For the most part, the blockchain ecosystem ended last year licking its wounds after a spectacular fall from all-time 2018 crypto highs. The conversation around the much-discussed bear market has slowly given way to the acknowledgement that, despite still-volatile market prices, the friction of industry-wide activity has thawed crypto-winter, revealing a strong, stable, and growing ecosystem. For Ethereum in particular, 2019 has been a whirlwind of activity, interest, and improvement.What a year so far. And we’re barely halfway through.Network ActivitySince its inception, the Ethereum mainnet has processed over 500 million transactions — surpassing the 500 million mark on July 17th. In 2019 alone, over 130 million transactions have been processed, and network utilization remains fairly stable at an average of just under 90%. Over 70 million unique addresses exist on Ethereum, 16 million of which (16%) have been created since the beginning of the year.On June 1st, there were 616,000 active addresses transacting on the network — the busiest in 2019. With a total ether supply of 106 million, that is an average of 2.28 ETH per address. Excluding the top 500 addresses by ETH ownership (which account for 37% of the total supply), the average ETH holding per address is 1.43 ETH.Transactions per day [left] | Unique addresses [right] | etherscan.ioIn February, the Ethereum network underwent the Constantinople upgrade, a planned hard fork to improve the network and bring it closer towards the multi-phase Serenity update that will include (amongst other things) the switch to proof of stake. The Constantinople update included a total of 5 Ethereum Improvement Proposals. Notably, EIP 1234 reduced the block reward from 3 ETH to 2 ETH, a development known as “The Thirdening.”Enterprise AdoptionEnterprises have been at the forefront of blockchain adoption among traditional institutions. Through investments, innovation, PoCs, and partnerships, large companies have been helping push the envelope forward and cast a light on the opportunities of decentralized technologies. So far in 2019, we have seen a major theme of privacy among enterprise activity.The announcement of Libra — rife with its own ideological, regulatory, and technical considerations — is filled with odes to user data privacy. ConsenSys-backed PegaSys’ release of Pantheon 1.1 in April introduced Trusted Compute and privacy component called Orion specifically to address enterprise concerns around privacy on Ethereum. In May, EY released a set of standards and protocols to improve private transaction execution on the Ethereum public blockchain. Released as open-source on Github, the project — named Nightfall — strives to allow any ERC-20 or ERC-721 transaction to be executed with “complete privacy.”Consultancies and research firms have affirmed the rapid exploration of blockchain by enterprises. A June report from Gartner estimates blockchain will add $176 billion in value to businesses by 2025 and $3.1 trillion by 2030. Of that $3.1T, Gartner estimates just shy of $1T will come from inter- and intra-company improvements and opportunities.GartnerDeloitte’s report at the end of 2018 summarized the interviews from 1,000 blockchain-minded enterprise executives about their plans for 2019 and beyond. 95% say their companies plan to invest in blockchain technology in 2019. Nearly 40% plan to invest over $5 million. 84% believe blockchain is eventually scalable and will achieve mainstream adoption, despite 39% view the technology as currently ‘overhyped.’ Automotive, oil & gas, and life sciences executives are most bullish on blockchain, followed closely by financial services.DeloitteOverall, the trend is that executives are moving forward cautiously but deliberately to explore the opportunities provided by decentralized technologies. An example of this is investment banking giant Goldman Sachs quietly posting a job listing to attract a Digital Asset Project Manager to their in-house incubator program.Government Warms UpIn 2019, governments have moved from investing in exploratory blockchain programs to launching pilot projects of their own with aims to modernize current public sector operations. The Luxembourg government supports blockchain startups through programs such as Mind & Market, Horizon 2020, LHofT, Letzblock, and Luxinnovation. Germany funds blockchain projects through the German Blockchain Bundesverband, and the Swiss government funds blockchain projects through the Blockchain Federation,Zigurat Innovation & Technology Business SchoolAt the moment, Europe is leading the charge with 29 out of 44 European countries signing as members to the European Blockchain Partnership and will cooperate in the establishment of a European Blockchain Services Infrastructure (ESBI). Several governments worldwide have blockchain-based initiatives underway to explore country-specific use cases: Georgia has a project underway utilizing blockchain to streamline land registry frameworks, the Chinese city of Changzhou partnered with Alibaba to examine the potential of securing healthcare data with blockchain, and the Australian government leverages blockchain capabilities to provide provenance around one of its critical export goods, sugar.Dozens of local and central banks are actively pursuing blockchain-based projects to bring efficiency to several long-standing issues. UnionBank launched Project i2i to tackle exorbitant remittance fees, the Central Bank of Brazil is currently exploring a distributed ledger for an interbank payments contingency and resiliency system (Project SALT) as well as a decentralized information exchange platform (Project PIER). The Bank of Thailand, The South African Reserve Bank, and the Monetary Authority of Singapore created projects to investigate alternatives to today’s systems by leveraging central bank-issued digital currencies (CBDC). Learn more. At the end of 2018, The World Bank launched the first blockchain-based bond, “bond-i,” raising A$110 million, signifying the first time investors support its activities fully managed using blockchain technology.The United States of America is making wide steps to define regulations and implement laws that will permit blockchain exploration. For example, Wyoming governor signed into law HB0070 in February of 2019 authorizing the Secretary of State to develop and implement a blockchain-based filing system for business entities and commercial filings. In March of 2019, South Dakota governor signed HB1196 to provide a definition of blockchain technology for certain purposes. Arkansas signed a bill (HB 1944) which states that contracts that contain smart contract terms relating to a transaction shouldn’t be denied legal effect, validity, or enforceability.Typically, the public sector is slow to innovate. Expect more governments to publicly acknowledge that they are exploring blockchain projects in the future.VCs Are Doubling DownDespite volatile crypto prices, VC money has not stopped flowing to the projects and dev teams building some of the more exciting decentralized applications. In April, Reuters reported that VCs had invested shy of $1 billion in blockchain startups [$850 million], setting the ecosystem on track to surpass 2018’s record of $2.4 billion in VC investment. In 2018, the record amount came from 117 deals, whereas April’s $850 million amount came from just 13 deals, revealing larger investments per deal and suggesting greater comfort among VCs with blockchain technology.The report indicated that investment is not going into cryptocurrency or tokens directly, suggesting continued hesitation from VCs to actually dive into the trading market itself. We may continue to see such risky investment remain in the realm of individual traders and high-risk private funds in the near future. Instead, VC money is going to the projects and teams that are supporting the growth of the ecosystem. Namely, tokenization is mentioned by Reuters as a primary interest of VCs with respect to the potential of decentralized technologies.Pitchbook | Top VCs by investment in blockchain projects [cumulative]Developer Community & ActivityElectric Capital released a Dev Report in March 2019 that traces where developers are building across the crypto ecosystem. To date, Ethereum has the highest number of developers working on core protocol, with Bitcoin and Cardano in second and third place.N = 78 projects | Dates: 1/31/2018–1/31/2019 | Electric Capital Internal Data | Excluding closed code repositories Source: Electric CapitalEthereum has 216 active developers per month working on total code in addition to core protocol development. Ethereum has a robust and consistent developer growth, with an average of 240 active developers in January 2019, up 23% from 190 in 2018.Source: Electric CapitalEthereum is a clear standout in total code projects, with 8x more commits than Bitcoin and 20x more commits than XRP.Source: Electric CapitalThe Truffle Suite provides a powerful suite of tools for developing dApps and smart contracts from the ideation stage to shipment. Truffle, a development environment and, testing framework just surpassed 2 million lifetime downloads since its inception in May 2015. Ganache, Truffle’s second product is a personal blockchain for Ethereum development used to deploy contracts, develop apps, and run tests has 1,227,844 downloads since its release in October 2017, with 79,546 downloaded in June 2019.The Great Dapp WarFrom the earliest days of blockchain, the community has been in the race for the “killer dapp” that would explode into global utility and prove one protocol’s worthiness over another. For the most part, that mindset has subsided. Few protocols are prepared to scale globally — and neither, therefore, are its dapps. Rather, the dapp industry has evolved into a constellation of both early and more-established projects, all of which are drilling down on their use cases to address the greatest needs, execute the best UX, and maintain the most security. Broadly speaking, finance dapps (including exchanges, DeFi, and marketplaces) have emerged as the most significant focus of dapp developers in the past year.Of the top 50 dapps as ranked by State of the Dapps (the ranking algorithm for which is based on a “multiple factors including active users, tx volume, dev activity, profile freshness and strength, CTRs, and user recommendations”), 29 of them are built on Ethereum. When we look at use case-specific dapps, Ethereum’s prominence is cast into focus:Of the top 50 finance dapps, 42 are built on Ethereum, including MakerDAO and OmiseGO.Of the top 50 exchange dapps, 44 are built on Ethereum, including Augur and Uniswap.Of the top 50 security dapps, 42 are built on Ethereum, including Quantstamp.Of the top 50 development dapps, 43 are built on Ethereum, including Kauri, Golem, and CryptoZombies.Perhaps most enlightening, of the top 50 dapps with the most developer activity across all categories and all platforms, 44 of them (88%) are built on Ethereum; just one statistic demonstrating that Ethereum still has the most robust developer community.State of the DappsState of the DappsLooking AheadThe rest of 2019 is not likely to slow down for Ethereum. In recent weeks, the crypto market has broken out of stagnation and revitalized the interest of retail and institutional investors alike. For the protocol itself, 2019 holds in store the Istanbul hard fork, projected in October 2019. The Istanbul hard for includes 11 proposed improvements to the Ethereum blockchain and is the last hard fork before the projected release of Serenity Phase 0. Scheduled for early 2020, Serenity will no doubt be the talk of the Ethereum and blockchain community in the second half of 2019, as the core developers and wider ecosystem alike turn an eye towards the implementation of Proof of Stake and the promise of scalability.Disclaimer: The views expressed by the author above do not necessarily represent the views of Consensys AG. ConsenSys is a decentralized community with ConsenSys Media being a platform for members to freely express their diverse ideas and perspectives. To learn more about ConsenSys and Ethereum, please visit our website.The State of the Ethereum Network: 2019 was originally published in ConsenSys Media on Medium, where people are continuing the conversation by highlighting and responding to this story.
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TriveAcademy Awarded the Bloconomic Excellence Award at the Bloconomic Expo 2019

TriveAcademy, a player in building the blockchain technology infrastructure which also conducts training classes and consultation processes was awarded for the “Bloconomic Excellence Award – Best Blockchain Technology Developer Award” at the  Bloconomic Expo 2019. The Bloconomic Expo 2019 is organized by the Malaysian Blockchain Association and Alphacap Sdn. Bhd. As a sponsor partner for Bloconomic event, TriveAcademy has presented their latest technology and applications of Trivechain 2.0 to the public at the expo. Trivechain just launched TRVC App which all the speakers’ and volunteers’ certificates is been blockchain in their TRVC app. After a successful fork on April 22, 2019, the new version of Trivechain 2.0 has been successfully forked, deployed and is running steadily. Trivechain 2.0 has include major changes such as adjustments to their Proof-of-Work algorithm from X11 to X16R and Proof-of-Stake collateral from 1,000 TRVC to 10,000 TRVC. The mining hash rate and the number of masternode needs to catch up slowly and be supported by a new community. The hash power and number of masternodes is increasing gradually every day indicating a significant increase from the date it was forked. In an interview with Tan, he said that “Trivechain 2.0, as a blockchain platform, will create a highly compatible community to attract developers and entrepreneurs around the world to become part of the Trivechain community. This community along with a number of open source products will offer and create a more conducive ecosystem for developers. This allows the chain to provide the most favorable conditions for its users to develop its application.” Trivechain 2.0 is offering another alternative open source platform for developers to develop their new blockchain base business ventures. The platform is ready for deployment and for those who are interested to catch new mining trend. Come and join the Trivechain community! You are invited to apply for the development fund through the DAO governance system to build a friendly and efficient development ecosystem in the blockchain environment. Visit the official website at www.trivechain.com for more details. About Trivechain (TRVC): Trivechain (TRVC) is a games and entertainment public blockchain protocol managed by Decentralized autonomous organization (DAO) which focuses on games and entertainment to enter the new era digital age with implementation of blockchain-based technology and DApps (decentralized applications). Facebook: https://www.facebook.com/trivechainMedium: https://medium.com/trivechainTwitter: https://twitter.com/trivechain_trvcReddit: https://www.reddit.com/user/TRVC-2Telegram: t.me/trivechain The post TriveAcademy Awarded the Bloconomic Excellence Award at the Bloconomic Expo 2019 appeared first on Bitcoin Garden.
Bitcoin Garden

Wanchain, Civic, Aion and Tael Top All Cryptos; Coins in Aggregate Up 3.13% Overall, 34 Coins Cross Key Moving Average

The Big Winners From Yesterday Over the past day, the top performing coin out of the 133 coins we are tracking was Wanchain, which offered a day-over-day return 90.53%. Rounding out the top four currencies for the day were Civic, Aion, and Tael, which provided holders with returns of 27.02%, 26.53%, and 22.7% for the day. These moves were quite significant, in the sense that they were well outside of the volatility each of the respective coins had seen for the past two weeks. Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex The Crypto Big Picture Overall, the average change in coin price for the coins we’re tracking was up 3.1253%. On a more granular level, 65% of the coins we’re tracking were up while 35% of the coins were down. Below we can see the average daily change for the coins we are tracking our index over time. 34 coins are especially close to their 20 day moving average, and thus may be worth watching for technical traders who view the 20 day moving average as a key support/resistance level. Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Currencies With Significant Price Moves Here’s a list of the specific coins that crossed their key moving average level: Status, district0x, Loopring, 0x, SingularDTV, SONM, IOTA, Verge, AirSwap, Request, Viberate, Power Ledger, Ripio Credit Network, Agrello, BlockMason Credit Protocol, Aeron, Genesis Vision, Po.et, Tierion, Tael, Time New Bank, Waves, OST, NavCoin, Lunyr, AppCoins, VIBE, Nucleus Vision, POA Network, Groestlcoin, Skycoin, Civic, Streamr DATAcoin, Dock. Also of note is that 66 of the 133 we track have contracting volatility. Volatility contraction often precedes a breakout, so this may be something to watch. Below is a chart that zooms in a bit more, showing 4 coins trading below their 20 day moving average and exhibiting contracting volatility. Are these coins ready for a rally? Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Article by SixJupiter The post Wanchain, Civic, Aion and Tael Top All Cryptos; Coins in Aggregate Up 3.13% Overall, 34 Coins Cross Key Moving Average appeared first on DecentralPost.
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Futures trading platform Digitex prepares for public testnet, announces release date

Digitex, a trading platform for crypto futures contracts, announced today that it will be launching its public testnet on Nov. 30, 2019. The exchange plans to open their market starting with BTC/USD perpetual swap contracts. According to the exchange website, contracts for additional coins will be added based on user demand. For market makers and takers, Digitex won’t charge for any transactions. The project plans to cover all operational costs by creating value/demand around the Digitex Futures (DGTX) token. It will do this by minting a small number of tokens each year. The exchange will launch as a centralized exchange first but will continue to work on providing users with non-custodial (decentralized) accounts. This will allow users to have 100% ownership of their funds at all times while still able to make real-time trades and lightning speed. You know that Adam has been busy behind the scenes preparing to launch the game-changing, robust & rapid-fire #DigitexFutures #Exchange. But, our marketing efforts have been ramping up too & we’re pleased to announce that our community is growing globally! https://t.co/O8Ll6n9ot4 — Digitex (@DigitexFutures) August 21, 2019 Trading On The Testnet SmartDec, the development firm working with Digitex, is developing and vigorously testing the platform, preparing it for production. On the testnet, the firm says the exchange will be able to handle over 10,000 users trading concurrently and up to 50,000 transactions per second. A date has not been set for the Digitex platform’s mainnet launch yet, but the project team has said that testnet trading is anticipated to last for two months. After the testnet stage wraps up, Digitex plans to launch on the Ethereum mainnet. At that time, users can trade futures contracts in real-time using DGTX tokens. 2019: The Year of Crypto Futures Trading As it stands, 2019 is shaping up to be an important year for emerging futures trading platforms in crypto. The launch of Bakkt, another highly-anticipated trading platform, is scheduled for Sept. 23, 2019. Bakkt has garnered a lot of media attention thanks to the establishment of major partnerships and its focus on support for institutional investors. Digitex is aiming to appeal to a broader range of users and traders. According to the Digitex homepage, the platform has over 1.54 million signups on its waitlist. The post Futures trading platform Digitex prepares for public testnet, announces release date appeared first on CryptoSlate.
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Blockchain.com integrates BitPay into its wallet

Blockchain, a cryptocurrency wallet and trading platform, has partnered with cryptocurrency payments processor, BitPay. According to a blog post by Blockchain, the firm has integrated BitPay into the Blockchain Wallet so users "can pay for products and services from an extensive network of merchants without ever giving up control of your private keys."  Blockchain is one of the largest cryptocurrency wallet providers in the world with approximately 41 million users to date. The firm recently announced the launch of a cryptocurrency exchange focused with a focus on fast trade execution.
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