How far has the Ethereum blockchain come in the five years since its inception? We explore key developments, changes and challenges.
Yellow Paper News
The Ethereum Yellow Paper is the official description of the Ethereum protocol. It was first drafted by Gavin Wood and is currently being updated by Nick Savers with input from many authors worldwide. A yellow paper is the technical equivalent of a white paper. If a white paper is considered a proposal, a yellow paper can be seen as its second part, containing all the specifics.
It includes a complete explanation of how everything operates in the Ethereum ecosystem, excluding any changes made via the Ethereum Improvement Proposal (EIP) process. Furthermore, it uses language that programmers might not be familiar with because it is written in the style of a mathematical paper.
Charlie Shrem gave Cointelegraph an exclusive update to the mysterious story of a letter he received in 2014 from a ‘Marcel Mellish.’5216
Today’s Ethereum developer call lasted three hours, during which a tentative decision to reintroduce ProgPow as Ethash 2.0 was made despite lacking unanimous consensus.8416
The Ethereum community is still engaged in bitter debates on ProgPoW and ASIC resistance, which some believe exposed the ‘suboptimal’ nature of its governance.3657
Recent Ethereum Improvement Proposal reveals Casper FFG network update, which seeks to move the network away from issues associated with crypto mining.23979