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The Eth2-Studymaster week 2 article and quiz have been posted!
We had excellent participation in the first quiz, over a hundred people participated! The article for week 2 is about seven pages from the Ethereum 2.0 Phases from ethhub.io. The reading includes these headings under Ethereum 2.0, https://docs.ethhub.io/ethereum-roadmap/ethereum-2.0/eth-2.0-phases/ Ethereum 2.0 Phases Proof of Stake Sharding Ethereum 2.0 Economics Ethereum 1.0 to 2.0 Migration Ethereum 2.0 Client Architecture Ethereum Account Abstraction Here's the quiz for week two, it will run from August 29 to September 5, 2020: https://docs.google.com/forms/d/e/1FAIpQLSfIJ9CRoWYKkSQ5N3qPR0LTXkioVaKu2lvHHFwvUafLMgAAEA/viewform Remember, to earn the Eth2-Studymaster POAP, you need to complete seven quizzes with greater than 70% accuracy. You can re-take two quizzes. You'll also need to submit an article that you've found along with ten questions. If you didn't take the first quiz it's okay! You can begin with quiz 2 - I haven't worked out the logistics yet, but we have time and we'll be glad to have you on board. Here's a countdown timer to complete quiz 2 A link to the discord announcement
Risks of Validation Using Hardware at Home and No Sentries.
Certain parts of the Ethereum community encourage ETH 2 validation with a less than optimal architecture. Let’s dissect the some of the untold risks involved with validation done using local hardware and no sentries. The ones currently discussed are: DDOS ATTACKS: An unlikely and hard to pull attack due to the number of available IPs on future Ethereum but it is still plausible. Hiding in numbers is somewhat equivalent to security through obscurity. PROBING AND OWNING THE SERVER: by using a naked validator IP without sentries you become an accurate target for attacks. MALWARE AND RANSOMWARE: shared networks and routers as well as social engineering can compromise your validator at home. More details on: https://saxemberg.com/vulnerable-validator-architecture-ethereum/ What other potential risks such a design can carry? Pd. Visit ethstaker for all up to date discussion of the Ethereum clients and its quirks.
Kusama and Polkadot Lessons for Future Ethereum Validators
The Ethereum community is currently encouraging ETH 2 validation with a less than optimal architecture. Let’s dissect the untold risks involved with this flawed validator design which is imagined most of the times with local hardware and no sentries. The ones currently discussed are: DDOS ATTACKS PROBING AND OWNING THE SERVER (by using a naked validator IP) MALWARE AND RANSOMWARE More details on: https://saxemberg.com/vulnerable-validator-architecture-ethereum/ What other potential risks such a design can carry?
Risks of Validation Using Hardware at Home and No Sentries.
Some segments of the Ethereum community encourage ETH 2 validation with a less than optimal architecture. Let’s dissect the some of the untold risks involved with validation done using local hardware and no sentries. The ones currently discussed are: DDOS ATTACKS: An unlikely and hard to pull attack due to the number of available IPs on future Ethereum but it is still plausible. Hiding in numbers is somewhat equivalent to security through obscurity. PROBING AND OWNING THE SERVER: by using a naked validator IP without sentries you become an accurate target for attacks. MALWARE AND RANSOMWARE: shared networks and routers as well as social engineering can compromise your validator at home. More details on: https://saxemberg.com/vulnerable-validator-architecture-ethereum/ What other potential risks such a design can carry?
VISA: We're seeking a strong developer experienced with Ethereum and blockchain architecture to be a part of team tasked with building distributed application.
BAT releases Mjolnir (BAT Apollo stage): "Mjolnir is a tool for easily deploying and benchmarking Permissioned Ethereum Blockchain implementations ... We aim to incrementally decentralize components of our architecture as they relate to the BAT as well as Brave’s advertiser & publisher ecosystem."
What are the main differences between Tron, NEO and Ethereum?
Main Technical Differences between Tron, NEO and Ethereum is in algorithms, transactions speed, architecture, Programming languages Support e.t.c. Consensus Algorithm TRON uses delegated Proof of Stake(DPoS), real-time voting for validating transactions. It is effective and ensures that no fraud takes place within the network. NEO utilizes dBFT algorithm to reach consensus. dBFT stands for the Delegated Byzantine Fault Tolerant. It combines the Delegated Proof-of-Stake(DPoS) and is effective at reaching consensus. Ethereum currently uses Proof-of-Work(PoW) that requires nodes to solve complex mathematical equations. It is not an effective solution, and hence, Ethereum will move to Proof-of-Stake(PoS) in the future. Transaction Speeds and Transactions per second When it comes to transaction speed, both TRON and NEO perform exceptionally well. A single transaction on these two networks takes 15 seconds, whereas the transactions per second are 1500 trx/sec and 1000 trx/sec, respectively. The NEO platform theoretically is capable of reaching 10,000 trx/sec. Ethereum share the same transaction speed of six-minute per transaction, which is on the higher side. Ethereum scalability issue is not new, and their team is working hard towards scaling the platform using different techniques, including off-chain transactions. dApps and Smart Contract support All three blockchain solutions offer dApps and smart contracts support. Programming languages Supported When it comes to programming language support, NEO supports different programming languages, including Java, Kotlin, C#, Python, and so on. TRON also has excellent support of programming languages including Scala, Java, Python, and GO. Ethereum, both utilize Solidity for developing smart contracts and dApps. Solidity is a well-known programming language which makes Ethereum a good choice for development. NEO and TRON are also an excellent pick to develop dApps. Architecture Ethereum, TRON, and NEO have a three-layer architecture. The core components of TRON consist of the storage, core, and application layer. The NEO system consists of NeoX, NEO contract, NeoFS, NeoQ, and more. NEO also relies heavily on the smart economy idea where it is divided into digital assets, digital identity, and smart contracts. All of the three blockchain solutions have their own Virtual Machine, which takes care of more intricate functionality, including transaction validation, consensus, speed, and so on. The database storage used by TRON,NEO, and Ethereum are LevelDB, Chaos, NeoFS, and Trie data structure, respectively. Size of the developer ecosystem Technically, you may find Ethereum lacking in multiple aspects including transaction speed, transactions per second, or even the use of consensus algorithm. However, when it comes to practical application, Ethereum is ahead of the curve. It is an advanced blockchain platform with the most number of dApps. This is because Ethereum has the most prominent developer community out there. In contrast, NEO and TRON are less appealing as their developer communities are still growing. This is a problem which needs to be addressed for the continuous growth of blockchain platforms. At Education Ecosystem helping to solve this problem by providing developers with a place where they can learn how to build real products and applications on these platforms.
“Peer-to-Peer Architecture ” BankDex decentralized exchange is built on a new structure named P2P or Peer-to-Peer architecture in which all nodes has the same capabilities and responsibilities, without third party involvement. #SAM #bankdex #exchange #bankex #bitcoin #ethereum #BTC #decentralized
Fnality International Joins The Enterprise Ethereum Alliance - Supporting Industry Collaboration To Deliver Best Practice, Open Standards And Reference Architectures
Swarm, the 'forgotten' Ethereum web3 pillar, is making great strides. Check out the easily digestible chapter 9. Architecture. A big shout-out to Viktor Trón and his team.
"Ethereum...can employ the decentralized architecture that can protect and authenticate data and “address the evils of the Google Age: porous Internet security, unmoored money, regulatory overreach, network concentration, officious delays, and diminishing returns of big data.” [The National Review]
I'm looking for a good book that covers both Ethereum architecture and development.
Hi community! Thanks for providing always-interesting posts :) For my masterclass on blockchain I am looking for a good book on Ethereum that covers both architecture and development. Would https://www.amazon.com/Mastering-Ethereum-Building-Smart-Contracts/dp/1491971940 be a good pick or are there other ones to consider? Anyone that has been contributing or reading the book? Thanks
As the table indicates, Blockmason Link provides a vital service that builds upon existing IaaS architecture by simplifying the method of interfacing with Ethereum client applications.
Link is, in essence, a smart contract gateway. What Infura does for the Ethereum network in general — increasing accessibility and usability through delegated management — Link does for smart contracts specifically. Link is the natural evolution of these essential services, opening up programmatic blockchains and their smart contracts to the general public for the very first time. Link may be utilized by a wide variety of projects in any field and is applicable for everything from blockchain voting to supply chain verification. Link is not a single killer app; it is every killer app, a building block without which the Ethereum network, and blockchain in general, will soon be unimaginable. https://blockmason.link
Ethereum is a platform that makes it possible for any developer to launch next-generation applications, available worldwide in a completely decentralized fas... Please like & subscribe! Presentation slides: https://www.slideshare.net/AliAyyash/... This event was organized by SF EOS Developers meetup: https://www.meet... Danny Ryan and Sunny Aggarwal discuss the differences design intentions of Ethereum 2.0 and Cosmos, and how each staking architecture reflects the intention. Speakers: Danny Ryan - ETH 2.0 ... Ethereum Wallets Explained Simply (Smart Contracts, Gas, Transactions) - Duration: ... Serverless GraphQL Architecture – The Future of Backend Development - Duration: 20:46. Ethereum Block Architecture 2. Ethereum Mining Flow 3. Ommers Chain 4. proof of Work 5. Fundamentals of Ethereum Virtual Machine 6. Explaining implementation of Ethereum in real world problems and ...
