The Week In Bitcoin - Issue #65: The Ethereum Show Rolls Into Shanghai For Devcon2

The Ethereum Show Rolls Into Shanghai For Devcon2This week the Ethereum show rolled into Shanghai for
The Week In Bitcoin
The Week In Bitcoin - Issue #65: The Ethereum Show Rolls Into Shanghai For Devcon2
By The Week In Bitcoin • Issue #7
The Ethereum Show Rolls Into Shanghai For Devcon2
This week the Ethereum show rolled into Shanghai for its annual two-day conference, Devcon.
Devcon is the annual Ethereum spectacular that highlights all the major happenings in the Ethereum ecosystem. For this once a year spectacular, the Ethereum Foundation’s dev team emerge to present the latest and greatest blockchain R&D. 
It looked like a really slick event with a bunch of interesting announcements and demos on the main stage. 
This week I’ve curated some great articles discussing the plethora of presentations and news from the conference. 
Feel free to ping me on Twitter (@alantsen) if you attended the event and want to share what you thought was the standout announcement/demo from Devcon2.
— Alan Tsen, @alantsen 👊💯
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Ethereum Devcon2 Highlights
Like any good movie, mission impossible music metaphorically came on last night around midnight London time, just hours before the opening of Devcon2, as Geth nodes – used by most of ethereum’s network – suddenly started crashing at block 2,283,416.
Over the past decade, projects such as Bitcoin, Namecoin and Ethereum have shown the power of cryptoeconomic consensus networks to bring about the next stage in evolution of decentralized systems, potentially expanding their scope from simply providing for the storage of data and messaging services to managing the “back-end” of arbitrary stateful applications.
Spanish banking giant Santander is working on a project that explores how it could digitise customer cash using the public Ethereum blockchain.
Interview With Julio Faura [Santander] about their Ethereum. 
Microsoft took the headlines today with their announcement of Benchley, which makes it easy to create your own Ethereum based private blockchain, Cryptolet, a smart contracts oracle, and Enclaves.
“It’s a really different feeling.” That was the sentiment of Rebecca Migirov, one of many ethereum startup employees gathered in Shanghai for the blockchain platform’s second annual conference, and she was not alone in her assessment.
News This Week
A prominent privacy consultant has criticised Australia Post’s intervention in the Australian State of Victoria’s inquiry into electronic voting.
Adam Ludwin CEO Chain on creating his tool for top financial firms to use blockchain.
Blockchain is not just about money—it’s about ideas as well. That’s why a new plan to “edit” the blockchain, announced by Accenture on Tuesday, is causing a stir among fin-tech purists who see it as a betrayal of what the technology is all about.
The paper, of course, speaks for itself, so there is little I can do to add. It’s an introduction only, so members of the community looking for some meat will have to wait a bit
Bitcoin qualifies as money, a federal judge ruled Monday, in a decision linked to a criminal case over hacking attacks against J.P. Morgan Chase and other companies.
When two MIT students announced in 2014 that they would give away $500,000 in Bitcoin to undergraduates as a grand experiment of the renegade cryptocurrency, this being MIT, the usual thing happened: a college prankster tried to hack the system and grab all the money.
The public structure of the Bitcoin blockchain allows us to view & analyze every transaction on the network.
Despite the increasingly deep divisions among vested interests in whatever it is we’re calling what CoinDesk covers these days, there emerged one uniting theme for the summer of 2016 – to those most engaged, it was at best a prolonged existential crisis, an Olympics of intellectual gymnastics that, like this year’s games, sometimes seemed to be struggling too hard to maintain its own relevancy.
A plain-language explanation of the Lightning Network, a protocol for scaling and speeding up blockchains. While it was designed to solve some of the technical limitations of the Bitcoin blockchain, it can be implemented on top of any blockchain.
Not so long ago, there was an almost constant flow of stories on digital currency’s many use cases, its acceptance by notable merchants and its role in dark web payments, but like the tales of Silk Road’s rise or the “Bitcoin Millionaires”, those days seem to have passed.
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