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Crosschain interoperability is emerging as one of the most crucial features of blockchain technology.The growing and pressing demand for interoperability solutions has led to a number of implementations, mostly crosschain messaging and crosschain bridging infrastructure, often without proper understanding and/or considerations for associated risks and security challenges. Despite the nascent…
A rapidly increasing number of companies and individuals are looking to educate themselves to successfully work in the blockchain space. Often, they begin learning about the technology informally, seeking out resources online or from training companies they know, without much guidance. Unfortunately, those resources are largely lacking. The offerings are…
By Yorke E. Rhodes III, EEA Board Member and Co-Founder blockchain @Microsoft There’s no denying that blockchain, Ethereum, non-fungible tokens (NFTs) and the entire ecosystem surrounding them have been maturing quickly and gaining traction with a mainstream audience. However, while the space continues to amass loyal and enthusiastic supporters, concern…
By Andreas Freund, EEA Mainnet Interest Group Member, with input from the Mainnet IG and Cross-chain WG The Wormhole hack at about $320M could be classified as a counterfeit operation and a bank robbery at the same time. This makes it both the most successful counterfeiting operation in…
By Andreas Freund, EEA Mainnet Interest Group Member There are new, exciting, never-before-possible enterprise use cases for L2 solutions meeting enterprise security, privacy, and compliance requirements while still leveraging Ethereum Mainnet’s security assurances, and connecting to the vibrant Ethereum ecosystem ranging from financial services to supply chain to rewards programs.
By Andreas Freund, EEA Mainnet Interest Group Member The following is a current state of the Ethereum scalability ecosystem mini report, which is longer and more in depth than a typical blog post. Many enterprises have abandoned private Blockchain consortia due to several factors: the absence of meaningful network effects…
If you haven’t been tuned in to the Decentralized Finance (DeFi) space, it’s time to pay attention. DeFi has quickly become a major element of the Ethereum ecosystem and continues to gain traction. The space has grown significantly since its inception and is evolving on a daily basis. As of…
The Enterprise Ethereum Alliance Mainnet Working Group created a survey to solicit input from enterprise developers working on Ethereum applications. The survey was promoted by email to EEA mailing lists, and on Twitter, from November 2020 to January 2021. Here is a summary of the results and responses to key…
Tas Dienes, EEA Mainnet Working Group December 2020 If you’ve been following the buzz in the Ethereum ecosystem recently, you’ve probably heard about high transaction fees and the limited processing capacity of Mainnet. You may also have heard about Layer 2. Layer 2 is a set of technologies or systems…