Live Player Games removes the middleman with new Ethereum poker app BY ON April 25, 2017 Live Player Games, a software development team from Israel, has launched the first Android-based poker app that uses cryptocurrency and blockchain technology.Donald Trump is going to send a man to Mars during his presidency.Elon Musk plans to send an Ark full of people to Mars in the next six years.And all of this interplanetary travel makes sense, if, as I read, scientists are on the verge of solving the human ageing issue by sending nanobots into our cells and arteries to deal with the things that eventually lead to our demise.And yet with all of this happening, people still sit down in a casino, hand over paper fiat money, receive plastic chips, and play poker, a game that has been around since the early 19th Century.Things will have to change, right?Live Player Games, a software development company based in Israel, are one of the innovators looking to do just that.They are behind the world’s first Android-based online poker app that uses the blockchain technology Ethereum.

Uncle Finney’s Poker, allows you to compete in heads-up contests using virtual currencies, but unlike the 250+ poker apps currently available in the Google Play Store, at Uncle Finney’s you use the cryptocurrency Ether (ETH), and that’s real money.How Does it Work?To understand how Uncle Finney’s Poker works we have to understand what a smart contract is: What is a Smart Contract?If I want to play heads-up online poker on one of the major online poker rooms, I need to transfer money from a bank or other payment processor into the account of the online poker room, or whatever payment processing firm handles the transactions.In 1994, a guy who loved computers called Nick Szabo termed the phrase ‘smart contract‘ to describe a more advanced and secure method of dealing with contract transactions by using a computer to do the work for you.Fast-forward to the world of cryptocurrency and Ethereum developed smart contracts to handle a variety of different contractual matters such as storing data and sending ETH from one person to another without the need of a payment processing giant wading in, taking a chunk, stealing your money, and slowing things down.

The smart contract is available to be seen by all users of the blockchain.The smart contract used on Uncle Finney’s Poker is called the E4ROW contract.E4ROW plans to bring blockchain technology to the masses.They want to start a revolution.It’s all very Matrix I know.The Big Difference The obvious benefits of using blockchain technology and smart contracts are the removal of third parties historically used to handle your monetary transactions.This peer-to-peer transaction method managed and recorded on the blockchain removes any potential for fraud, reduces your costs, and speeds up the process of getting money on and off the site because you don’t have to.One of the problems Uncle Finney’s Poker faces is the difference in speed between Ethereum’s slow block times and the real-time pace of a live poker game.To deal with this, the game’s developers have separated the innards of the poker game from financial transactions.A back-end server handles the poker action, and the E4ROW smart-contract handles the ETH.

Think of it as an electronic escrow service.It all sounds so right, and yet so wrong.With all these nanobots scurrying up and down our spinal column and Elon Musk’s magic wizard hat on our head are we even going to be interested in playing poker?What’s your view on the move to cryptocurrency gaming apps?Does is frighten you?Herein lies 17 decentralized technology predictions for 2017.ethereum spreadThank you to all of my colleagues for my continued education this year and feedback in writing this piece.bitcoin tracker fundPlease take these predictions with a grain of holiday salt, in other words, not meant to be construed as professional advice.2017 will be the year that the average person begins to understand that blockchains aren’t just an upgrade to our database and Internet, but rather tools to re-architect social, financial and political systems.The key question asked will be: How much should we pay to trust each other?Ethereum smart-contract blockchain systems will actuate near frictionless price discovery mechanisms for intermediation.move bitcoin wallet to another computer

Intermediaries like banks, accountants, notaries, custodians, trustees, agents may have to begin to find higher value propositions for customers as the cost of trust will plummet.The macro net result should be greater value to the counter-parties of a transaction and less value to the intermediary.Moreover, there will be anthropological research and writing on the value (or lack thereof) of the “middleman” in 2017 similar to the way Nobel laureate Ronald Coase explained efficiencies in “The Nature of The Firm”.2.bitcoin adoption in japanMoving beyond the Proof-of-Concept2016 was mostly the year of the blockchain Proof-of-Concept (PoC).ethereum nasdaqExecutive boards across the world asked their CTOs, “what is a blockchain?”, “How does blockchain technology affect their respective business models?” and “How can these hypotheses be tested?” 2017 will be the year of early stage or small production blockchain deployments.bitcoin account frozen

While the market saw production systems go into production in 2016, the early adopters will begin to go-live in 2017, with critical masses beginning to go-live in 2018.The winners in the blockchain space will understand how to splay certain use cases architected over permissioned, consortia, and public permissionless blockchain environments.3.Decentralized Applications (DApps) roam free on the Ethereum MainnetRome wasn’t built in a day and neither was agile blockchain software engineering.DApp mania on the Ethereum mainnet will begin and the average user will finally be able to feel and see what Ethereum is and does.bitcoin china guardianIt will still be very early days and there will be drastic UX/UI work needed in the space.bitcoin fiat exchangeThe Ethereum Genesis block was only created July 30th, 2015 and 2016 was a year where developers wrapped their heads around the new Ethereum coding-language, Solidity.bitcoin te koop

In 2017, we’ll begin to see the fruits of the the community’s labor, which will be in the form of DApps on the Ethereum Mainnet.This will educate the mainstream on what Ethereum actually is via examples, and catalyze the use of ether to fuel each computational step and storage operation.Take note from Apple’s historical timeline on the prevalence of traditional apps.Ethereum has just completed the equivalent to year 0.Looking forward to Balanc3 Triple Entry Accounting Benefactory BoardRoom Blockchain Governance Colony DGX Gold EtherLoan Etherisc FileCoin Gnosis Golem OTONOMOS SafeMarket Singular DTV StabL Status Ujo Music Virtue Poker WeiFund and others.4.uPort solves for self sovereign identityMany of the aforementioned DAapps going live in 2017 will be anchored by self-sovereign Ethereum-based identity.While uPort may be construed as a DApp itself, I purposely give it an entire section of attention due to it’s foundational importance.uPort users establish for themselves full control of their digital personal information (expressed as reputational attributes).

This encrypted information may be selectively and granularly shared with targeted counterparties when the user deems it to his or her advantage.uPort will feature tight integration of RepSys, our multifaceted, multi-tiered reputation system, that enables people, organizations and things (devices or software) to attest to the conduct of their counterparties with respect to various kinds of transactions: buying/selling, lending/borrowing/repaying, collaborating on projects, gaming interactions, and data quality and reliability.uPort serves as a container for reputational attributes like email addresses, Facebook URLs or state issued ID.Identity providers like governments, banks and IT companies can cryptographically sign such attributes attesting to their validity using “reputational attestations.” The more than 2 billion people in the world who don’t have state issued ID can have their community members attest to their personal information.Community members can essentially vouch for each other to enable one another to develop and use this bootstrapped persistent and portable reputation to, for example, obtain a microloan on a decentralized lending platform and grow a small livelihood from there.

For access to financial services offered by financial institutions in different jurisdictions, institutions and users can make use of a KYC tool built on top of uPort and RepSys.5.Scalability will remain the holy grailToday the Bitcoin network is restricted to a sustained rate of 3.3 tps (7 tps theoretical) due to the bitcoin protocol restricting block sizes to 1MB.Scalability will remain the holy grail of blockchain technology.The public blockchain with the most attainable and impactful scalability roadmap is Ethereum.Three simultaneously developing avenues for Ethereum scalability are state channels such as Raiden, Vlad Zamfir’s proof-of-stake solution, Casper, and Sharding.I foresee Raiden integrating with Ethereum and Casper live on Ethereum in 2017.6.Big pieces of the privacy puzzle come togetherMany layers of the privacy onion will be be pulled back and chewed on.In the context of private permissioned blockchain environments, products like BlockApps will continue to lead, so companies can spin up environments to scale their proofs-of-concept into full production cloud environments with a single click.

Another important piece to the privacy puzzle is re-architecting Ethereum to optimize for private financial transactions, which is exactly what Jeff Wilcke and his EthLab team collaborating with JP Morgan accomplished with Quorum.In terms of privacy for public Ethereum, there has been much work incorporating zkSnarks used in Zcash into Ethereum.Everyone who lived through the TheDAO-saster understands the need for smart contract security and there has become a new focus on smart contract best practices and audit.IC3 is conducting world renowned research.Microsoft has developed Kinakuta, a smart contract audit and research working group, and Dr. Christian Reitwiessner has devoted research efforts towards formal verification as well.These efforts will grow in earnest as the ecosystem trends towards production environments.8.Non-proof-of-work consensus algorithms will be the new blackCasper seems to be the forthcoming direction for the public Ethereum network, while EtherMint, Honey Badger and Hydrachain are examples of Byzantine Fault Tolerant and non-Byzantine consensus mechanisms that are appropriate various use cases in private, permissioned environments.9.

Failures and consolidation will begin to occurIn a short matter of time, stakeholders may see their pay-to-play consortia codebase doesn’t have the network effects they hoped it would, and we may see rapid implosions, especially in the permissioned blockchain infrastructure sectors that don’t have Ethereum Virtual Machine (EVM) support, as any permissioned blockchain that doesn’t support smart contracts that compile to executable EVM bytecodes will be as siloed as systems built on SQL databases.Remember from the intranet days of the early 90’s… Compuserve, AOL, and Prodigy lost.10.The dawn of a new regulatory environmentRegulatory bodies will interact with first class blockchain citizens like Coinbase, Coin Center, ConsenSys, and Union Square Ventures to understand and work together on the barely trodden next generation tokenized asset world.Retail investors will all learn what the Howey Test is.Gold, Fiat, Stocks, Bonds, Renewable Energy Credits, Loans, Liens, Titles, Life Insurance, Loyalty Points, and Beyoncé tickets are a few items that have the potential for tokenization.

Eventually (not in 2017) all of these will be fluidly tradable for one another from a unified user interface.Coinbase is really showing its leadership with respect to the tokenized and decentralized world of tomorrow.11.Ethereum developer tools will continue to improve, which will make the rate of development of software grow at an exponential paceInfura is an enterprise-grade Ethereum-based blockchain infrastructure being used in IoT, and in conjunction with the public Ethereum blockchain and Inter Planetary File System (IPFS).Developers interface with Infura via Web3/RPC.MetaMask is a bridge that allows you to visit the distributed web of tomorrow in your browser today.It allows you to run Ethereum dApps right in your browser without running a full Ethereum node.MetaMask includes a secure identity vault, providing a user interface to manage your identities on different sites and sign blockchain transactions.BlockApps is an enterprise-grade Ethereum-based blockchain infrastructure solution used in banking, payments, insurance, supply chain and others.

BlockApps is designed to provide a permissioned Ethereum environment which easily operates at scale, allowing applications to handle a high volume of transactions per second.Developers can build interfaces with their permissioned blockchain using a REST API.BlockApps STRATO is available as a single-click deployment in the Microsoft Azure Marketplace and through Red Hat OpenShift, Pivotal Cloud Foundry and others.Truffle is the market leading tool for developers to build smart contracts and DApps, from scaffolding to debugging to production deployment.It is currently supports standalone workflow and will soon be integrated into development environments.Work is nearly complete to integrate it with Microsoft Visual Studio and there are plans to incorporate it into Atom, and some other editors and IDEs, but that work is yet to be done.Solidity on Microsoft Visual Studio — Ethereum’s codebase Solidity within Visual Studio.12.As global energy markets continue to decentralize, their natural neural network will be peer-to-peer blockchainsIn 2016 we continued to witness evolution, growth and progress across this interdisciplinary engineering science sector as energy technologies improve and deliver efficient, safe, environmentally friendly and economical extraction, conversion, transmission, storage and use of energy.

As technology drivers accelerate we are also seeing the emergence of new business models focused on peer-to-peer interactions across the grid and this is precisely where Ethereum has a tremendous opportunity to add efficiency gains in 2017.As the physical infrastructure of the grid continues to decentralize and more prosumers come online, ConsenSys is working hard to re-imagine and build solutions at the business logic and transactional layers in an attempt to more elegantly describe what is happening in the real world as these changes occur.We are building next generation Ethereum enabled smart grid technologies with our utility and power production friends and partners all over the world.13.Supply chains will certainly evolve into supply blockchains in pharma, finance, public sector, mining exploration, and retailNext generation digital assets will be encumbered through digital signatures and hashes allowing data to remain secure while being distributed.14.Big Brother wants to play tooGovChains will continue to form all over the world in central banks, supply chains, land registries, identity systems, and voting processes.15.

Microsoft will continue its dominance in the blockchain space amongst the current blue chip technology companiesFrom guys and gals in their garages to the largest enterprises in the world, Azure has been the safe home for companies to create permissioned sandboxes to production environments.This past year, Microsoft added Ethereum’s smart contract programming language, Solidity, into Visual Studio.Blockchain integration will happen bi-directionally with Microsoft.Project Bletchley will begin to add Microsoft services, such as Active Directory for key maintenance, or PowerBI for Analytics to Ethereum permissioned environments.Moreover, Microsoft may use Ethereum to add blockchain properties to Microsoft Office, or potentially add MetaMask as a pre-installed extension to the Microsoft Edge browser.Microsoft’s blockchain footprint is just getting started.IBM may want to seriously reconsider the fact they’re building an architecture solely for private environments, and their architecture won’t interoperate with the next generation of the internet.16.

Asia will begin to flex its muscle as India and China roll out skilled blockchain developers, products, and capitalIndia is known for being the world’s hotbed of technical support and system integration.I foresee thousands of Solidity experts coming from Bangalore, Chennai, Delhi and other places from leading system integrators like Accenture, Synechron, Tech Mahindra, and Wipro.China will also have deep developer pools, but rather than serving as the backbone to the world, their blockchain technology and brainpower will reside locally on the hundreds of Chinese smart city projects and internal banking applications which are perfect use cases for blockchain.17.Vitalik and company will continue to move fast and break things… and I like itZuckerberg, Gates, and Torvalds all believed in the need to move fast and break things, and we’re seeing the same with Ethereum.2016 wasn’t pretty, but it hardened our networks and our spirits.Rivalries between Bitcoin and Ethereum will end in 2017 as Ethereum proves it’s sheer dominance in every aspect of these decentralizing technologies with its proof-of-stake implementation.

Or maybe, the analogy will more be like, landline and smart-phone.Ethereum has much to thank from Bitcoin, as Bitcoin gave Ethereum its reference point.While we love Bitcoin, it’s not a platform and only does one thing well: the transfer and storage of value.I can send you a bitcoin, you can send it to me.Hence, why the majority of venture capital raised incorrectly for Bitcoin was spent on the creation of Bitcoin wallets (storage of value) and (transfer of value) exchanges.To understand the difference between Bitcoin and Ethereum, one has to understand their respective computing environments.The Ethereum Virtual Machine holds a Turing-complete programming language and is stateful like the power of a personal computer with CPU, memory and a hard drive at every node, while Bitcoin has an extremely limited scripting language and is stateless — with computationally complexity weaker than a pocket calculator.Hence, in Ethereum one can create any type of application one can dream of, in any industry, and in Bitcoin one can only simply shuffle a token from one person to another, like an abacus.