Blog > 2017 > May

Team Grothendieck move closer to ETC goal

Working on the code in Argentina

22 May 2017 Jeremy Wood 6 mins read

Team Grothendieck move closer to Ethereum Classic goal - Input Output

Team Grothendieck move closer to ETC goal

It took a little longer than expected but I finally made the trip to Buenos Aires, Argentina. In fact, I'm standing at a work desk by the window in Frankfurt airport waiting for my flight back to Dublin. I'm enjoying a gloriously sunny day here through the wall of glass. 

It was another productive trip, a lot has happened since the Team Grothendieck trips to Poland and St Petersburg. In our work to build a Scala client for Ethereum Classic there has been a lot of code written, a lot of understanding gained, and a couple of milestones reached: we now have the ability to download and execute blocks of transactions from the ETC chain. We have also evolved a lot as a…

Cryptocurrencies need a safeguard to prevent another DAO disaster

High assurance brings mission-critical security to digital funds

12 May 2017 Duncan Coutts 13 mins read

Cryptocurrencies need a safeguard to prevent another DAO disaster - Input Output

Cryptocurrencies need a safeguard to prevent another DAO disaster

TL;DR You want to avoid the next DAO-like disaster: so you want confidence that the system underpinning your cryptocurrency doesn’t have a hidden flaw that could be triggered at any time and render your assets worthless. To get that confidence you need a high assurance implementation of the system operating your cryptocurrency. Formal methods (mathematical specifications and…