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posted by Fnord666 on Wednesday November 29 2017, @05:27PM   Printer-friendly
from the blockchain++ dept.

Ethereum Founder Unveils Roadmap For Next-Gen Blockchain

At the "Beyond Block" conference in Taipei, Ethereum's founder, Vitalik Buterin, unveiled the plans for "Ethereum 2.0," the next-generation version of Ethereum.

[...] [The] network's rapid growth in recent years has [revealed] a few major issues within the network. According to Buterin, there are currently three major problems that need to be solved to push the Ethereum network to the next level: privacy, consensus safety, smart contract safety, and perhaps the biggest of them all: scalability.

[...] The Ethereum developers have already taken steps to address [anonymity] by implementing the same zero-knowledge proof privacy technology used by Zcash in a recent upgrade. The technology should enable distributed apps (such as voting apps, for instance) to have mathematically provable anonymity.

Buterin said that the privacy issue should be 75% solved already at the network-level, with the remaining 25% to be solved by apps that work on top of Ethereum which would need to actually implement those privacy features.


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  • (Score: 3, Funny) by Anonymous Coward on Wednesday November 29 2017, @05:32PM (8 children)

    by Anonymous Coward on Wednesday November 29 2017, @05:32PM (#603068)

    Why is SN still begging for donations instead of being self-sufficient by conjuring free-money vapor-coins out of nothing.

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  • (Score: 0) by Anonymous Coward on Wednesday November 29 2017, @05:33PM

    by Anonymous Coward on Wednesday November 29 2017, @05:33PM (#603069)

    We don't use GPUs.

  • (Score: 1, Funny) by Anonymous Coward on Wednesday November 29 2017, @05:45PM (4 children)

    by Anonymous Coward on Wednesday November 29 2017, @05:45PM (#603074)

    Please reply back with where you are and how to get free electricity like you are doing.

    Don't reply if you're posting from mom's basement.

    • (Score: 0) by Anonymous Coward on Wednesday November 29 2017, @06:47PM (3 children)

      by Anonymous Coward on Wednesday November 29 2017, @06:47PM (#603102)
      • (Score: 3, Funny) by edIII on Wednesday November 29 2017, @08:09PM (2 children)

        by edIII (791) on Wednesday November 29 2017, @08:09PM (#603141)

        Wow, really? They'll pay off those upfront costs, like the cost for a Tesla, in just no time at all. I think a Tesla gets something like 2 cryptocoins for every 100 miles right?

        --
        Technically, lunchtime is at any moment. It's just a wave function.
        • (Score: 2) by MostCynical on Thursday November 30 2017, @03:11AM (1 child)

          by MostCynical (2589) on Thursday November 30 2017, @03:11AM (#603267) Journal

          Is that the new measure of an electric car's economy?

          --
          "I guess once you start doubting, there's no end to it." -Batou, Ghost in the Shell: Stand Alone Complex
          • (Score: 3, Touché) by maxwell demon on Thursday November 30 2017, @07:10AM

            by maxwell demon (1608) on Thursday November 30 2017, @07:10AM (#603357) Journal

            They should replace proof-of-work with proof-of-miles. :-)

            --
            The Tao of math: The numbers you can count are not the real numbers.
  • (Score: 0) by Anonymous Coward on Wednesday November 29 2017, @06:12PM (1 child)

    by Anonymous Coward on Wednesday November 29 2017, @06:12PM (#603083)

    Better ways of raising money could be had, I wholeheartedly agree.

    But you must understand these Ethereum guys (yes, I assumed their gender) also thought it was "easy" and now need version 2.0 to fix all the problems they "didn't foresee" while making 1.0.

    Hubris is the currency of fools, not Bitcoin. To think that Soylent could somehow do this would make one the richest fool in all the lands.

    • (Score: 2) by DannyB on Wednesday November 29 2017, @06:52PM

      by DannyB (5839) Subscriber Badge on Wednesday November 29 2017, @06:52PM (#603107) Journal

      Hubris is the currency of fools

      The US administration might disagree with that.

      Twitter might also disagree as long as Hubris brings in ad impressions.

      --
      People today are educated enough to repeat what they are taught but not to question what they are taught.