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Topic: [ANN] Ethereum: Welcome to the Beginning - page 744. (Read 2006460 times)

newbie
Activity: 16
Merit: 0

JPMorgan Chase & Co (JPM) has announced that it is experimenting with using the architecture of the ethereum blockchain to create novel financial solutions for itself and its customers. According to media source Coindesk, the project was unveiled last month, and was more recently demonstrated during an industry convention in Geneva. This follows other blockchain-related announcements from competitors such as Bank of America Corp (BAC)—which is partnering with Microsoft (MSFT) and UBS Group Inc. (UBS)—in collaboration with International Business Machine Corp (IBM). (For more, see: Bitcoin Vs Ethereum: Driven by Different Purposes.)

JP Morgan's Ethereum Implementation
JP Morgan is using a private (non-public) iteration of the smart-contract focused ethereum protocol, in a system it is calling Quorum. It was developed in partnership with blockchain startup EthLab, and it is one of the first projects to come out of an innovation lab within JP Morgan known as the Blockchain Center of Excellence. Of course, the bank will keep much of Quorum's intellectual property to itself, but it is creating a developer's kit (SDK) to allow outside programmers the chance to build off of the platform. They also plan to bring other financial firms into the fold. Amber Baldet, program lead for the Quorum division, explained, "while our current applications using Quorum function within JP Morgan, releasing the software is an important stepping stone to launching projects with other organizations."

Quorum is now the second major blockchain offering to come out of JP Morgan. Earlier this year, the bank showcased a platform called Juno, meant to be a "distributed crypto-ledger" to enable quick value transfers between network parties. Quorum is novel in that by using ethereum as a backbone, it can add logic and scripting to its platform via smart contracts. Smart contracts are decentralized, self-executing pieces of code that do not need the mediation of a third-party—such as a stock exchange, legal system or government regulator. This may help the bank and its partners cut down on administrative costs, legal and regulatory oversight, and increase transparency. (For related reading, see: Blockchain Technology To Revolutionize Traditional Banking.)

The Bottom Line
JP Morgan has announced its second entrant into the blockchain fray, this time utilizing the smart contract enabled ethereum blockchain in creating a system called Quorum. Meant to lead to further collaboration, the company is allowing outside developers to tinker with it via an SDK as well as seeking partners from within the financial sector.



legendary
Activity: 1092
Merit: 1004
Why does no-one who posts on this ANN ever use youtube Grin

Download latest Geth and Mist wallet from the Ethereum link to Github.

Open up CMD program on Windows 10 or whatever Windows OS you are using Grin

And, follow the instructions in this youtube clip, but change the names to latest Geth and Mist version you downloaded:

https://www.youtube.com/watch?v=e7d2WqX97EA
jr. member
Activity: 79
Merit: 1
Can somebody please explain to me step by step how to sync from scratch using geth fast flag.

I am not that computer savy and clear and precise explanation would be appreciated. I can't find such clear explanation anywhere online.

Thanks!
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
legendary
Activity: 1120
Merit: 1000
garbage!
full member
Activity: 423
Merit: 100
A blockchain-powered CDN trading platform
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
legendary
Activity: 1526
Merit: 1026
thanks a lot
full member
Activity: 166
Merit: 100
Developer






With it your etc or eth wallet will start to sync again.
It sync a bit slow but sync.
Thank you very much by share the solution to,
(https://www.reddit.com/r/EthereumClassic/comments/572vx9/etc_network_issues_discussion/).
 Smiley
legendary
Activity: 1164
Merit: 1010
Amazing how much ETH is being attacked right now, and that it didn't happen earlier this year. Lots of issues over the last month, can hardly run the client.
Nobody is attacking ETHF. It is just a buggy altcoin protocol. The more it is patched the more holes are created.

I guess ETC is also buggy, then? Cheesy
https://www.cryptocoinsnews.com/ethereum-classics-price-crashes-network-comes-attack/

So glad I dumped my ETC bag while it was still worth > $1

I'd be interested in knowing more about hard fork decisions for fixing these issues coming from the ETC community...

What may be the next step/ announcement from ETH/ETC ? will they finally go into POS from POW ? When ever ETH / ETC goes to POS, no other coin will be able to handle that much hashing power. Difficulty will run sky high and there will be hardly any profitable coin with gpu . Am I wrong ?

Well, Eth and Etc announcements are quite seperate (different projects, different communities, different devs).  From what I understand now, ETC is basically chillin and waiting to copy Eth updates, except for PoS.  The article notes that Etc community doesn't plan on switching to PoS when it rolls out for Eth.  Not sure what you meant by "no other coin will be able to handle that much hashing power".  Also not sure what PoS update for Eth has to do with a difficulty change or alternate coin gpu mining....
hero member
Activity: 1092
Merit: 507
btcstakes.com
I download new Eth wallet 1.4.17, should I delete chain data? It's not stuck, but it's syncing like a turtle. I'm a 2,383,000  Huh
legendary
Activity: 1526
Merit: 1026
Amazing how much ETH is being attacked right now, and that it didn't happen earlier this year. Lots of issues over the last month, can hardly run the client.
Nobody is attacking ETHF. It is just a buggy altcoin protocol. The more it is patched the more holes are created.

I guess ETC is also buggy, then? Cheesy
https://www.cryptocoinsnews.com/ethereum-classics-price-crashes-network-comes-attack/

So glad I dumped my ETC bag while it was still worth > $1

I'd be interested in knowing more about hard fork decisions for fixing these issues coming from the ETC community...

What may be the next step/ announcement from ETH/ETC ? will they finally go into POS from POW ? When ever ETH / ETC goes to POS, no other coin will be able to handle that much hashing power. Difficulty will run sky high and there will be hardly any profitable coin with gpu . Am I wrong ?
legendary
Activity: 1164
Merit: 1010
Amazing how much ETH is being attacked right now, and that it didn't happen earlier this year. Lots of issues over the last month, can hardly run the client.
Nobody is attacking ETHF. It is just a buggy altcoin protocol. The more it is patched the more holes are created.

I guess ETC is also buggy, then? Cheesy
https://www.cryptocoinsnews.com/ethereum-classics-price-crashes-network-comes-attack/

So glad I dumped my ETC bag while it was still worth > $1

I'd be interested in knowing more about hard fork decisions for fixing these issues coming from the ETC community...
legendary
Activity: 3431
Merit: 1233

Friggin ETH!!! Why won't you go down!?!?!?!?

All I want is a few thousand cheap eth in my bag. Is that too much to ask?

Patience. Everybody will have as much ETHF as they want.
legendary
Activity: 1204
Merit: 1000
It has been some days since I downloaded the Ethereum Wallet and it took ages to be synced and stopped It at the end.
Since that day my laptop got slower and slower that I think that I should re-install the Windows again from the beginning.
Is myetherwallet same or lighter?
newbie
Activity: 19
Merit: 0
So what is better choice now? To use geth or parity?

My geth old version did not work in the last month. But the latest geth.exe is working well at present.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Why vitalik dont change yet etherum from pow to pos.

They need to bake the cake before they can serve
hero member
Activity: 518
Merit: 500
Why vitalik dont change yet etherum from pow to pos.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
So what is better choice now? To use geth or parity?
Parity is working,but i dont know if markets site are enable deposit and withdraw etherum.So consenus you have nothing.

Mist is working fine for me with latest Geth update.

It was too sluggish for me. Parity works like a dream though.
newbie
Activity: 24
Merit: 0
Hi, I find myetherwallet can be created one address once, but I need more eth address to protect my privacy. Anyone knows that which ethereum wallet can create multiple addresses like bitcoin wallet?
Try this: http://prntscr.com/cr9lsr

Thanks, I tried bulk generate, it is ok now, i have manh wallets, thanks my friend

Generate Wallet
If you want to generate multiple wallets, you can do so here: Bulk Generate
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