Is Ethereum really the best blockchain to form a DAO?
Ethereum’s dominance as the blockchain of choice for DAOs remains strong, but there is a case being made for other chains which may be better suited. The crypto community and industry have chosen Ethereum as the chain of choice for most blockchain-based decentralized applications, but other chains may be better suited to handle the workload for decentralized autonomous organizations (DAOs).Technical advantages and cheaper transactions have yet to become a major pull factor from Ethereum Virtual Machine (EVM) chains. EVM compatibility enables a network to use Ethereum’s security features.....
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On November 2, a non-fungible token (NFT) magazine is coming to the Ethereum blockchain called “The NFT Magazine” — a periodical publication containing articles and illustrations in the form of an NFT. The project, promoted by Advtech IT Solutions, has partnered with members of the Zilliqa, Algorand, and Bitcoin Cash blockchain communities, alongside Art Rights, Artuu, The Cryptonomist, and the Poseidon Group.
The NFT Magazine — A Non-Fungible Token Periodical Featuring Blockchain Topics and Crypto Artists
Non-fungible token (NFT) assets and....
Ethereum Classic is dominating the cryptocurrency news cycle. After a slumber of some days following the Ethereum hard fork that refunded investors of the hacked DAO, the unforked and re-named Ethereum blockchain and its native token classic ether (ETC) surged. Exchanges enabled trade in the digital currency, investors bought in, miners pointed their hardware to it, and a new development community began to form. But Ethereum Classic also has led to chaos and uncertainty. The forked half of the chain — sometimes dubbed “Ethereum One,” and supported by the Ethereum Foundation — is still....
Ethereum Classic is dominating the cryptocurrency news cycle. After a slumber of some days following the Ethereum hard fork that refunded investors of the raided DAO, the unforked and re-named Ethereum blockchain and its native token classic ether (ETC) surged. Exchanges enabled trade in the digital currency, investors bought in, miners pointed their hardware to it, and a new development community began to form. But Ethereum Classic also has led to chaos and uncertainty. The forked half of the chain — sometimes dubbed “Ethereum One,” and supported by the Ethereum Foundation — is still....
The ongoing ethereum classic drama is yet another illustration of the great irony of cryptocurrency – a technology invented as a way to form consensus keeps facing its greatest threat from the inability of its communities to form it. When there's a fork, it's important for the community to choose wisely between the two branches. But it's also important, often more important, for the community to converge on one branch. In a case like ethereum, which now has two competing versions, ethereum (ETH) and ethereum classic (ETC), not converging will do more harm than converging on the inferior....
Technology giant Microsoft is reportedly among several other industry firms alongside banks and financial institutions coming together to form a new blockchain working group called the ‘Enterprise Ethereum Alliance’. The coalition of tech firms and banks aim to accelerate the adoption of Ethereum’s public blockchain technology in corporations and enterprises, according to a Bloomberg report. Flocking to Ethereum. With companies like Microsoft pushing toward development and service offerings, Ethereum, as a smart contracts-based public blockchain is seeing a number of adopters in the....