Tag: crypto

Ethereum’s ERC-20 Token Standard Has Been Formalized

Date: September 21, 2017 Category: Carco, CarcoHub, News Tags: , , , Comments: 0

The standard that governs how new cryptographic tokens can be launched on top of the ethereum blockchain has been been finalized. Revealed today by the open-source project's developer team, the ERC-20 standard establishes a common set of rules for tokens issued via ethereum smart contracts, and currently serves as the basis for the many tokens that have been released through initial coin offerings (ICOs). The standard has now been formalized on the ethereum GitHub page, meaning that going forward, all tokens built on ethereum should conform to the standard. ERC-20 was previously unenforced, but it had been readily adopted by token developers since its introduction in late 2015. The standard ensures that…

Read more

Making Sense of Cryptoeconomics

Date: August 28, 2017 Category: Carco, CarcoHub Tags: , , , Comments: 0

Josh Stark (@0xstark) is a member of Ledger Labs and Blockgeeks Lab, a blockchain co-creation company in Toronto, Canada. In this CoinDesk opinion piece, Stark argues that the term "cryptoeconomics" is widely misunderstood, despite being a crucial concept needed to understand and analyze the blockchain industry. A few months ago Parker Thompson, a well known Silicon Valley VC, tweeted that "the concept of crypto-economics is stupid. It's economics. Inventing your own word is just an excuse to ignore well-understood concepts." The term "cryptoeconomics" causes a lot of confusion and people are often unclear on what it is supposed to mean. The word itself can be misleading, as it suggests that there…

Read more

Regulating Ethereum? EU Parliament Weighs Blockchain’s Big Issues

Date: May 15, 2017 Category: Events, News Tags: , , , , , Comments: 0

"When and how should governments intervene?" With that question, MEP Jakob von Weizsäcker kicked off a session of discussion yesterday held at the European Parliament (EP) and centered on the future of blockchain regulation in the 28-nation economic bloc. The "Spotlight on Blockchain" workshop, hosted jointly by the European Parliament and the European Commission, gathered representatives from across the blockchain sector to discuss use cases and platform security. Part of the program of the Blockchain Observatory, a formal fact-finding initiative launched in April and funded with €500,000, the aim was to cautiously approach the who, what and why of blockchain legislation.   Read more: https://www.coindesk.com/regulating-ethereum-eu-parliament-weighs-blockchains-big-issues/  

Read more

Is $40 the New Floor for Ethereum’s Ether Tokens?

Date: April 25, 2017 Category: Carco, News Tags: , , , Comments: 0

Ether prices have been hovering above $40 per coin as of late, indicating significant support for that price, according to several analysts. Since 22nd March, ether, the cryptocurrency powering the decentralized application platform ethereum, has traded above this particular level. During this time, ether has risen past $50 more than once, reaching as much as $53.78 on 29th March, according to CoinMarketCap. So far this year, the cryptocurrency has increased in value fivefold – from roughly $10 to $50. Amid this continued strength, Joe Lee, founder and CEO of bitcoin derivatives platform Magnr, told CoinDesk that $40 appears to be a price ethereum users are happy with. Charles Hayter, founder and CEO of…

Read more