Is crypto approaching its ‘Netscape moment’? The world of cryptocurrency shares a similar template to the emergence of the World Wide Web back in the 1990s. ERRORThis year marks the 30th anniversary of the first web page on the World Wide Web, which means a person has to be nearly half a century old to […]
Forecasting Bitcoin price using quantitative models, Part 4 An intellectual attempt to estimate Bitcoin’s price, corrected according to the hash rate metric. ERRORThis is Part Four of a multipart series that aims to answer the following question: What is the “fundamental value” of Bitcoin? Part One is about the value of scarcity, Part Two — […]
Altcoin Roundup: DEXs come to the rescue after China bans crypto China’s wide-spanning crypto ban puts a hefty dent in token values, but the surge in DEX volumes and BTC’s pop above $55,000 suggest the move was a blessing in disguise. ERROROver the past few months, there have been some major developments coming out of […]
Survivorship bias has led to an imbalance in the crypto ecosystem Until cryptocurrency is accessible to people for non-investment purposes, the market’s growth runs the risk of stagnating. ERRORWith success comes a survivor bias ― the logical error of concentrating on people or things that made it past a selection process while overlooking those that […]
Do you still compare Bitcoin to the tulip bubble? Stop! Crypto is still at an early stage, but with NFTs and DeFi, blockchain is obviously the future of fintech and not just a bubble. To compare Bitcoin (BTC) to the Dutch tulip bulb bubble is to perpetuate a fallacy. Technology evolves more rapidly than nature, […]
The history of the Web and what decentralized networks mean for data sovereignty and the future of trust online. Web 1.0: Gen X, HTML, and the Text-Based Internet In the booming ’90s, as Reality Bites and Friends dominated a certain segment of mainstream American culture, personal computers and Internet technology gave rise to the Web. […]
In time for the launch of Optimism, Infura, Truffle, and MetaMask will release a suite of developer tools to support dapps deploying on Optimistic Ethereum. New York, NY, June 17, 2021 — Today, ConsenSys announced support for Optimistic Ethereum, the Layer 2 scaling solution developed by Optimism. Optimistic Ethereum uses an “optimistic rollup” solution to […]
ConsenSys’ Ethereum technology will be used across Quara Holding’s ecosystem of companies in a number of sectors including finance, real estate, supply chain, government, healthcare, oil & gas, e-commerce and education. Saudi Arabia, June 4, 2021 — KSA-based company Quara Holding has announced a ground-breaking partnership with ConsenSys and its best-in-class products powering the blockchain […]
From 545,080 monthly active users in July 2020 to 10,354,279 in August 2021, MetaMask has grown over 1,800% in just one year. New York, NY, August 31st, 2021 — ConsenSys announced today that MetaMask now has more than 10 million monthly active users. This represents a 19x growth compared to July 2020, and positions MetaMask as […]
ConsenSys is partnering with LivePerson to provide conversational AI support for its blockchain and crypto communities, starting with users of leading crypto wallet MetaMask. In its constant quest to hone its support services for Web3 users, ConsenSys is partnering with LivePerson to provide conversational AI support for its blockchain and crypto communities, starting with users […]
ConsenSys and Black Women in Blockchain Council team up to exponentially grow the presence of black women developers in blockchain. ConsenSys and Black Women in Blockchain Council team up toward the ambitious objective to exponentially grow the presence of black women developers in the blockchain industry. As of 2018, less than a thousand black women in […]
BlockCrushr has dismissed the lawsuit against ConsenSys with prejudice after review of the evidence provided in discovery established that BlockCrushr’s claims were entirely without merit. BlockCrushr, Inc. (“BlockCrushr”) and ConsenSys Inc. (“ConsenSys”) are pleased to announce that the parties have resolved BlockCrushr’s lawsuit against ConsenSys and several related entities (BlockCrushr, Inc. v. ConsenSys Inc., et […]
GroundX, a blockchain affiliate of Kakao Corp., developed Klaytn, a public blockchain with Ethereum compatibility and partnered with ConsenSys to begin work on the Central Bank of Korea CBDC architecture. Hong Kong, July 21, 2021 — Today ConsenSys is proud to announce it will be the lead technical partner for GroundX’s winning bid for the […]
THURS, APR 15 @ 10AM PT – Join ConsenSys DevRel and special guest Thessy Mehrain from ConsenSys in an open discussion on working towards equality, women in blockchain, and solutions needed to build products, communities, and economies that work for all. Join us for another “Build with ConsenSys” weekly Discord session this Thursday, April 15 […]
With ITX, enterprise developers can transact with prepaid accounts, without holding ETH on their balance sheets, and letting Infura manage their transactions. New York, NY, September 14, 2021 — Infura, a ConsenSys product providing the world’s leading suite of blockchain developer tools, today announced the public release of its Ethereum transaction relaying service, Infura Transactions […]
THURS, APR 29 @ 10AM PT – This week, the ConsenSys Developer Relations team will be doing an office hours and opening up the session for developers to ask questions, pick our brains, talk about current blockchain topics, and share what you’re building with ConsenSys tools. Join us for another “Build with ConsenSys” weekly Discord […]
THURS, APR 22 @ 10AM PT – Join ConsenSys DevRel and special guest, Christine Perry, SKALE’s VP of Solutions Engineering, as we go through Layer 2 architecture and deploying Ethereum DApps on an elastic network. Join us for another “Build with ConsenSys” weekly Discord session this Thursday, April 22 @ 10am PT / 1pm ET! […]
Researchers and client teams successfully simulated a testnet between consensus clients and execution clients for Proof of Stake Ethereum. Proof of Stake (PoS) is coming to Ethereum, perhaps by the end of the year, definitely by early 2022. This upgrade will fundamentally change how the Ethereum blockchain comes to consensus every 12 seconds. 99.95% more […]
We proposed a framework to assist developers and users to analyze any Ethereum scaling solution. In this post, we applied that framework to Polygon. Special thanks to Sanket Shah of Polygon for assisting in this research. Ethereum-compatible networks that aim to radically reduce the cost and time to conduct transactions have a variety of names […]
Zero-knowledge proof technologies bring privacy to Ethereum. Two of the most compelling zero-knowledge technologies in the market today are zk-STARKs and zk-SNARKs Conflict between new technologies Throughout history, there have always been similar technologies coming to market around the same time that seek similar results but approach the problem in differing ways. When this market […]
Layer 2 technologies aim to dramatically reduce the cost and time of transactions on Ethereum. This article proposes a framework to assist an Ethereum user in the analysis of Layer 2 projects. Rollups and other “Layer 2” (L2) technologies aim to solve the state and gas cost issues on Ethereum. For the non-developer: Layer 2 […]
Currently, governance drives changes in most of the major DeFi protocols. This article covers the significant changes to DeFi protocols in May 2021. Currently, governance drives changes in most of the major DeFi protocols. Token holders vote on proposals, which range from propositions on how a protocol should allocate its treasury funds to more specific […]
Through DeFi, the entire financial system is being rebuilt from first principles with more security, transparency and interoperability—in weeks and months rather than years and decades. With radical financial innovation and growth comes radical investment returns and opportunity, leading to more and more institutional capital flooding into this space. As Matt Ridley famously noted, innovation […]
There are many steps one has to take when starting a crypto fund that go well beyond raising capital and trading well. We talk about the service providers required by any new fund that wants to attract capital beyond family. Your returns are crushing BTC. You were among the first yield farmers in Yearn, bought […]
ConsenSys Quorum is an open-source protocol layer that builds upon the success of decentralized Ethereum, the world’s value settlement layer. Many solutions exist in the marketplace today for business networks that are looking to synchronize processes, exchange value, and create network-level trust in what is being shared. However, very few address these challenges together like […]
We proposed a framework to assist developers and users to analyze any Ethereum scaling solution. In this post, we applied that framework to SKALE. Layer 2 networks, sidechains, and other scaling technologies aim to dramatically reduce the cost and time of transactions on Ethereum. Initially we proposed a framework to assist an Ethereum user in […]
EIP-1559 will change Ethereum’s fee market mechanism. In this post we answer the main questions that Ethereum holders, dapp users, and developers have about EIP-1559, which will be included in the London Hard Fork in July. It’s not everyday that mainstream financial media outlets mention specific Ethereum Improvement Proposals (EIPs). EIP-1559 bucks this trend. One […]
Four steps to prepare crypto funds, family offices, and financial institutions to access and engage in DeFi. Decentralized finance—DeFi—refers to the shift from traditional, centralized financial systems to peer-to-peer finance enabled by the Ethereum blockchain. In 2021, the DeFi ecosystem grew by over 20x. It has attracted millions of users and many of the world’s […]
Managers who run funds with $1–10M of family and friends’ money will have very different businesses to funds that have $150M+ AUM. We look at the role of custodian services for a range of institutional investors. What is a custodian? Custody in the institutional crypto world plays a fundamental role in accessing crypto and DeFi. […]
With radical financial innovation and growth comes radical investment returns and opportunity—This is why more and more institutions are flooding into DeFi. We list a few of the most promising institutional investment opportunities in the space. Decentralized finance—DeFi—refers to the shift from traditional, centralized financial systems to peer-to-peer finance enabled by the Ethereum blockchain. In […]