Advertise Jobs at BTCManager BITCOIN PRICE: 2,707.71 HIGH: 2,744.20 LOW: 2,659.30 BTC = USD #TRENDING STORIES Next Event Money 20/20 Europe • June 26-28, 2017 European-focused event on Fin-tech, providing an overlook of the disruptive ways in which consumers and businesses manage, spend and borrow… → BTCMANAGER TWITTER: TOTAL TWEETS: 3850 total FOLLOWERS: 16160 official hashtag:#BTCManager BTCMANAGER ETH-USD Surges on JP Morgan and Others Backing 'Enterprise Ethereum' This week we saw the price of ether, the cryptocurrency driving the Ethereum blockchain, spiking after JP Morgan announced that it was signing a partnership with Bank Santander and BNY Mellon to develop new solutions using the Ethereum blockchain technology.Enterprise Ethereum Receives Boost from Banks On February 14, the Ether-Bitcoin exchange rate hit an 82-day high of 0.01350 on the Poloniex exchange.ETH-USD posted its largest one-day gain since August 2016 in the aftermath of the DAO disaster.

It seems that the sudden spike was motivated by reports mentioning a new initiative called the Enterprise Ethereum, aiming to develop distributed applications (dApps) on the Ethereum blockchain.This is said to be carried out by JP Morgan, BNY Mellon, and Banco Santander.According to several news outlets, a few FinTech firms such as BlockApps and ConsenSys and many other software industry giants like Microsoft, Red Hat and Cisco, are also said to be part of this new Ethereum initiative.Jeremy Millar, chief instigator of Enterprise Ethereum and former Goldman Sachs investment banker, recently stated, “We believe Enterprise Ethereum will contribute significantly to the overall development of Ethereum.” He also revealed that the new initiative would help advance the development of the public Ethereum blockchain, while simultaneously furthering R&D of private Ethereum networks that are necessary for specific use cases.The participating companies have not released any official statements on the new initiative, but there have been several reactions to Enterprise Ethereum within the community.

Although a big part of the community believes this news to be the cause of the recent price surge.However, some members are saying that it might be something else.Has Ethereum Overcome Security Issues?Another significant event that occurred on February 14 was that Ethereum’s Vitalik Buterin published a blog post announcing that work is beginning on the next hard fork, known as ‘Metropolis.’ Since the Ethereum Proof of Work (PoW) phase is going to end soon, and a Proof of Stake (PoS) phase is going to take its place, the market might also be responding to that, with ‘Metropolis’ laying the groundwork.Many Ethereum supporters agree that large banks will use Ethereum’s blockchain to bolster the legacy financial system, instead of transforming it, but many other have an entirely different point of view and see this involvement with banks as a threat.While some members of the community perceive the growing entanglement between Ethereum and the corporate world as a potential threat to decentralization, others consider this as an opportunity for the Ethereum technology to establish itself as the leader in the “smart contracts” industry.

A Long-term Bull Market Forming for Ether?The asset price has been plummeting ever since the DAO event, but lately, it seems to be somewhat stable with its value moving above $10.litecoin wallet appEven though the DAO event turned out to be a severe blow for the Ethereum community, its popularity continued to grow making it the second most traded digital asset after Bitcoin with over $1.1 billion in terms of Market Cap.bitcoin jabberAs stated in BTCManager’s Weekly Cryptocurrency Market Outlook on February 14, limit buy orders were suggested for around $11.63, where the recent bullish breakout pushed as high as $13.58.litecoin wallet appAlso, notice that from the chart below, a close higher than $12.26 on Sunday, February 19 will give a strong buy signal and point to a long-term bull market emerging for ETH-USD.bitcoin brain damage

A bullish Ichimoku cloud breakout will indicate the start of an uptrend that will see the market try to regain the previous highs of $14.45, $15.23, and $21.48.bitcoin 1 th/s minerFurthermore, notice from the chart above the conversion line (blue) is starting to cross above the base line (red), indicating that long-term momentum is shifting in favor of bulls.bitcoin atm in londonUpward momentum is also confirmed by the Awesome Oscillator, which is moving into positive territory after remaining subdued below zero since November 2016.free bitcoin captchaNow, with the recent news followed by the approaching end of the PoW phase, anything can happen, so it might be a good idea for all you investors out there to keep a close look on the ether price in the coming weeks.bitcoin mining meaning

Do you think we are heading to a long-term bull market for ether?make offline bitcoin walletPlease share your comments!Contributions by Jamie HolmesI searched for the crucial events on Google and copy-pasted some information about them, mostly from Ethereum blog.It has to be edited/rewritten but I’m not sure whether I have the skill to do it. 01 Nov 2017DEVCON-301 Nov 2017Enterprise Ethereum Alliance 322 May 2017Enterprise Ethereum Alliance 2The new members of EEA include Access, Adapt Forward, Alchemy Limited, AlphaPoint, Antony Welfare, Aquarius Capital Management, AutoBoard Systems, Axcent LLC, Bancor, BigchainDB, Blk Technologies, Blockchain Hub Limited, BlockCypher, Brian Ray, Broadridge, CareChain, CCA, Clause, Clearmatics Technologies, Clozer Technologies, CoinFund, Coinplug, ConsenLabs, Consensus Base, Couger, CryptoMKT, CYPHA GmbH, Dapps.ai, Datarella, DeliverThat, De Cooperatieve Rabobank U.A, Deloitte, The Depository Trust & Clearing Corporation (DTCC), DigixGlobal, Dinosaur Dog, ElectricChain, Elevondata Labs Inc., Etherisc, Fundacion CTIC Centro Tecnologico, Gem, Global Consent Limited, Global Trade Guardian - LexEcon Consulting Group, Hashed Health, Hijro, Illinois Department of Financial and Professional Regulation, Infosys, InGauge Trading Technologies Inc., Ian Pilon, Infrachain Asbl, Intelligent’er Re’Development, ING, iPaynow, Jiangsu Huaxin Blockchain Research Institute, Kaula, Ledger, Libra, Melonport, Merck KGaA, Darmstadt, Germany, MME, Mitsubishi UFJ Financial Group, Model Communities Association, Musicoin, National Bank of Canada, Noah Perius, Nordic Alliance, NXN, Parkview Ventures, Qingxin Technology, Red Chalk Group, Samsung SDS, San Francisco Stock Exchange, Smart Contract Japan, SmartU Electronics Trading L.L.C, State Street Emerging Technologies Center, Synechron, Taishin Financial Holdings, Taiwan FinTech Association, Tecnalia Research & Innovation, Toyota Research Institute, TraderLynk Ltd, Trust Stamp, UNLP, Utocat, Vanbex Group, Wall Street Blockchain Alliance, and Zerocoin Electric Coin Company.

04 May 2017ENS relaunch13 Mar 2017Ethereum Name Service (ENS)28 Feb 2017Enterprise Ethereum Alliance 1 List of EEA 09 Feb 2017Enterprise Ethereum Alliance announcedMicrosoft Corp.and other major technology companies and banks are forming an alliance to advance the adoption of Ethereum blockchain database technology in corporations, potentially offering better security for recording transactions, according to two people familiar with the plans.The companies have been working on the Enterprise Ethereum Alliance for months, according to one of the people, and intend to launch the effort later in February, said another, who asked not to be identified because the plans haven’t been announced.Microsoft is one of the companies involved, one person said.Ethereum, launched in 2015, still lacks many features that companies need to widely deploy it.Bloomber's article covering this topic19 Nov 2016DEVCON-2Youtube playlist from Devcon-218 Oct 2016Spurious Dragon Hard ForkWhat changes are a part of this hard fork?

The following Ethereum Improvement Proposals (EIPs) describe the protocol changes implemented in this hard fork.EIP 155: Replay attack protection – prevents transactions from one Ethereum chain from being rebroadcasted on an alternative chain.For example: If you send 150 test ether to someone from the Morden testnet, that same transaction cannot be replayed on the main Ethereum chain.Important note: EIP 155 is backwards compatible, so transactions generated with the “pre-Spurious-Dragon” format will still be accepted.However, to ensure you are protected against replay attacks, you will still need to use a wallet solution that implements EIP 155.Be aware that this backwards compatibility also means that transactions created from alternative Ethereum based blockchains that have not implemented EIP 155 (such as Ethereum Classic) can still be replayed on the main Ethereum chain.EIP 160: EXP cost increase – adjusts the price of `EXP` opcode so it balances the price of `EXP` with the computational complexity of the operation, essentially making it more difficult to slow down the network via computationally expensive contract operations.

EIP 161: State trie clearing – makes it possible to remove a large number of empty accounts that were put in the state at very low cost as a result of earlier DoS attacks.With this EIP, ’empty’ accounts are removed from the state whenever ‘touched’ by another transaction.Removal of the empty accounts greatly reduces blockchain state size, which will provide client optimizations such as faster sync times.The actual removal process will begin after the fork by systematically performing `CALL` to the empty accounts that were created by the attacks.EIP 170: Contract code size limit – changes the maximum code size that a contract on the blockchain can have.This update prevents an attack scenario where large pieces of account code can be accessed repeatedly at a fixed gas cost.The maximum size has been set to 24576 bytes, which is larger than any currently deployed contract.20 Jul 2016The infamous DAO Hard ForkBlog post We would like to congratulate the Ethereum community on a successfully completed hard fork.

Block 1920000 contained the execution of an irregular state change which transferred ~12 million ETH from the “Dark DAO” and “Whitehat DAO” contracts into the WithdrawDAO recovery contract.14 Mar 2016Homestead releaseEthereum in the narrow formal sense is a suite of protocols.Homestead comes with a few backward-incompatible protocol changes, and therefore will require a hard fork.These changes that made their way through the process for Ethereum Improvement Proposals and included are: EIP 2: cost for creating contracts via a transaction is increased from 21000 to 53000.Contract creation from a contract using the CREATE opcode is unaffected.transaction signatures whose s-value is greater than secp256k1n/2 are now considered invalid If contract creation does not have enough gas to pay for the final gas fee for adding the contract code to the state, the contract creation fails (ie.goes out-of-gas) rather than leaving an empty contract.Change the difficulty adjustment algorithm EIP 7: DELEGATECALL: Add a new opcode, DELEGATECALL at 0xf4, which is similar in idea to CALLCODE, except that it propagates the sender and value from the parent scope to the child scope, ie.

the call created has the same sender and value as the original call.This means contracts can store pass through information while following msg.sender and msg.value from its parent contract.Great for contracts which create contracts but don’t repeat additional information which saves gas.See comments on EIP 7 EIP 8: devp2p Forward Compatibility compliance with the Robustness Principle Changes to the RLPx Discovery Protocol and RLPx TCP transfer protocol to ensure that all client software in use on the Ethereum network can cope with future network protocol upgrades.For older versions of an Ethereum client, updates to the network protocol weren’t being accepted by older clients and would refuse communication if the hello packets didn’t meet expectations.This update means all future versions of the client will accept incoming network upgrades and handshakes.15 Nov 2015DEVCON-1The second developers’ conference DEVCON-1 took place in the city of London at the beginning of November 2015.

The 5-day event featured more than 100 presentations, panel discussions and lightning talks, attracted more than 400 participants, a mix of developers, entrepreneurs, thinkers, and business executives.The talks were all recorded and are freely available The presence of large companies like UBS, IBM and Microsoft clearly indicated enterprise interest in the technology.Microsoft announced that it would offer Ethereum on its new Blockchain as a Service offering on the Microsoft Azure cloud platform.In conjunction with DEVCON-1, this announcement will be remembered as the moment when blockchain technology became mainstream, with Ethereum at the center of it.30 Jul 2015Frontier releaseDevelopers began writing smart contracts and decentralized apps to deploy on the live Ethereum network.In addition, miners began to join the Ethereum network to help secure the Ethereum blockchain and earn ether from mining blocks.Even though the Frontier release is the first milestone in the Ethereum project and was intended for use by developers as a beta version, it turned out to be more capable and reliable than anyone expected, and developers have rushed in to build solutions and improve the Ethereum ecosystem.

Blog post15 May 2015Olympics pre-release (testnet)Prototype of Ethereum platform, PoC Blog post07 Apr 2015DEVgrantsIn April 2015, the DEVgrants program was announced, which is a program that offers funding for contributions both to the Ethereum platform, and to projects based on Ethereum.Hundreds of developers were already contributing their time and thinking to Ethereum projects and in open source projects.This program served to reward and support those developers for their contributions.Blog post25 Nov 2014DEVCON-0In November 2014, ETH DEV organized the DEVCON-0 event, which brought together Ethereum developers from around the world to Berlin to meet and discuss a diverse range of Ethereum technology topics.Several of the presentations and sessions at DEVcon-0 would later drive important initiatives to make Ethereum more reliable, more secure, and more scalable.Overall, the event galvanized developers as they continued to work towards the launch of Ethereum.Blog post, Devcon 0 recap22 Jul 2014Launch of Ether Sale Blog post Beginning in July 2014, Ethereum distributed the initial allocation of ether via a 42-day public ether presale, netting 31,591 bitcoins, worth $18,439,086 at that time, in exchange for about 60,102,216 ether.