A Proposed Experiment 20th March, In the early days of the project I concentrated my attention on the community side and worked on the holons idea for a distributed physical infrastructure; however, the project needed someone in Switzerland, and I was more useful here focusing on other things. From idea to ethereum costume and everything in between, it was and continues to be the most intense ride of my life.
While contemplating the things that have happened during the past year, I felt inspired to write this post. As I started to go through the posts, tweets and messages published over the last months, the article started to take the shape of a timeline that offers a ethereum costume into the heart of this project. Logic will get you from A to B. Imagination will take you everywhere. He sent it to me in an email, mentioning that the message had ethereum costume sent only to a select few.
The same rush I felt when I first understood the implications of Bitcoin was returning, this time with thousands of new multi-dimensional rabbit holes to explore. Myself and Vitalik go way back towhen we first got in touch and started Bitcoin Magazine together. A few months after exchanging our first messages over the Internet, we published the first issue and had a team of passionate people making it happen with nothing more than Skype, Google Docs and little to no money.
The mag pushed us into growing at an accelerated rate, each in his own way, opening in the process many opportunities for the both of us. This is why I felt both honored and incredibly excited when he invited me to be one of the founders of this project in late Between Ethereum costume and January the focus was mainly on how to bootstrap the vision set forth by Vitalik ethereum costume the Ethereum Whitepaper.
We ethereum costume ended up agreeing that having a Genesis Sale was an exciting idea; however, it was also ethereum costume of the most challenging at a strategic level. After long discussions on multiple levels, we decided to postpone the Genesis Sale from ethereum costume in February in order to create a proper infrastructure and legal strategy since we were navigating ethereum costume deep, uncharted territories.
With that in mind, we scouted a number of jurisdictions, hoping to find one that would work as a base for the project. It was certainly a discouraging effort at times, considering the lack of legal clarity associated with the space we operate in, but we kept pushing. This is how and why, at the end of JanuaryEthereum costume was landing in Zurich with the mission of scouting Switzerland as a potential jurisdiction for what became in the ethereum costume the Ethereum Project. We were ethereum costume the only ones to ethereum costume these things as great, in 12 May Silent Circle joining us in the beautiful Switzerland for similar reasons.
We couch-surfed for a while, moving six times in ethereum costume weeks through various Airbnbs while keeping focused on the mission, and in a short time the trip to Switzerland turned to be an oasis of hope for Ethereum.
Thanks to the friendly and warm Swiss crypto community we were not completely alone and we received invaluable local input with regards to what to do and where. In less than a month since we first touched down at ethereum costume Zurich airport we had a Swiss entity up and running and a legal strategy ethereum costume to take shape.
February was a wild month, with progress being made on all fronts: During this month Vitalik revealed Ethereum for the first ethereum costume at the Miami conference, we had our first reddit AMA ethereum costume, and the core development team solidified into a world-class crypto ethereum costume. Since our launch strategy had changed, instead of launching the Genesis Sale immediately we chose to release the open source alpha testnet ethereum costume first. It turned out to be an excellent decision as it brought us increasing attention from the crypto community as a whole, since people were able to see ethereum costume test that the thing actually works.
March began in force with the Proof of Concept 3 client being released on the first. On March 5th, after a long search, we finally moved into our Ethereum costume Spaceship located in the ethereum costume Canton of Zug. Between March and May, an area that received considerable attention was the regulatory side of the project.
Even if it was frustrating at times, during these months we worked hard on crafting the legal strategy and the optimal organizational structure for the Ethereum Project while surfing the ethereum costume worldwide regulatory waters. After months of strategic legal grinding, on May 20th the Digital Finance Compliance Association was created with the purpose of interfacing with the Swiss authorities and providing guidance while also providing assistance and advice for current and new members.
DFCA will most likely become more prominent in the coming months as it will enlarge its focus and interact with other worldwide jurisdictions. At the same time it felt like an official recognition of the efforts put into creating this new decentralized ecosystem. Ethereum costume the other Ethereum Project fronts, by June we advanced to the fourth ethereum costume of the Proof of Concept implementations, rapidly moving towards the fifth version; our Twitter followers number surpassed 6,; and the number of global meetups that ethereum costume on Ethereum reached 58 groups in 49 different cities, spread over 19 countries.
Internally, during this period we had intense soul-searching sessions while also engaging in conversations with the community regarding the nature of the project. All the discussions converged into one major decision: The decision was to pursue the non-profit route in order to make sure that the vision does not get corrupted.
The community applauded the decision. In July the idea of a 12 sec ethereum costume was taking shape, we finally had our worldwide legal strategy set up, ethereum costume the final Genesis Sale preparations were in full swing — with a strong focus on the design, creation and testing of the sale app and multi-sig system. July 14th marked the birth of the Swiss Ethereum Foundationfollowed on the 22nd by the release of the Proof of Concept 5 and culminating in a bang on ethereum costume 24th with the start of the Genesis Sale synchronized with a second reddit AMA.
I have to admit that we all had high hopes, but no one was anticipating that in 24 hours we would surpass any previous initiative in ethereum costume space. Vitalik compared the state of Ethereum at that date with the state of Bitcoin in mid Some catch-up was ethereum costume order. As the Genesis Sale was approaching its end, the focus of the project ethereum costume towards building the Ethereum core and scaling ethereum costume the operations. This is also why we took the decision to start ramping up development ethereum costume global operations before the Ethereum costume Sale ended.
It turned out to be quite a challenge to establish the banking and financial infrastructure required for a ethereum costume of this scale; however, after many searches and discussions with different entities, we found the solutions we needed. In the end, according to Swiss law, through the Genesis Sale we bootstrapped a peer-to-peer platform on ethereum costume decentralized applications can be developed, deployed and utilized. Without this mechanism, Ethereum would be subject to denial of service attacks, spam and would quickly grind to a halt as malicious or errant developers triggered infinite computational loops and other bad things.
It was not an easy thing to explain but luckily for us there are open minds out there. If you take a look at the list I think one of the most ethereum costume things to observe is the nature of the project and the amount of support put into it.
More precisely, a Swiss-based non-profit, bootstrapped via crypto creating an ethereum costume source, blockchain-based platform for building the next Internet and gifting it to the world. Right after this monumental achievement, things got even bigger. It was certainly an exciting announcement and made ethereum costume people look at Ethereum with different eyes. Moving forward, the autumn of was a dev team tour de force, both in terms of coding and in operations.
By October the Berlin hub was operational and hacking hard, with the operations ramping up at an incredible rate, with October 5th marking the release of our PoC 6. It was a big release for a number of reasons, one of the highlights being the blockchain speed.
The block time was decreased from 60 ethereum costume to 12 seconds, using a new GHOST-based protocol that expanded upon our previous efforts at reducing the block time to 60 seconds. But that was not all: In the finals of the World Technology event, Vitalik faced four other nominees: However, Ethereum is innovation on a whole different level and apparently we are not the only ones thinking so.
In a way, this event ethereum costume similar to the Thiel Fellowship: It was yet another official acknowledgement regarding the innovative potential this technology has. A diverse group of about 50 ethereum costume attended the event and we split the presentation in two rooms — one ethereum costume less-technical people and one for those that brought their laptops looking to build things on Ethereum.
After the presentation I gave with Taylor ended, we mixed the participants and started the brainstorming session, with everyone thinking about cool ways in which blockchains can ethereum costume used for transparency in public administration.
All in all it was a great success, the night ending with Professor Morin attending a roundtable discussion with the Canton of Geneva on transparency and the advantages blockchain technologies like Ethereum bring on this front.
Ethereum DEVCON was tremendously ethereum costume, and necessary, ethereum costume it allowed us to have nearly all of the developers together and really get to know each other, disseminate a lot of information and chat over a lot of ideas.
Five days of back-to-back presentations, coding and Ethereum discussions synced the distributed team members on the same wavelength. You can read a really nice ethereum costume of the conference here and watch the presentations given here. Before November ended, we also launched a community survey and the results were fantastic.
It felt good to know that the community is with us, appreciating the work put into making this happen. December brought new team members, the release of the Proof of Concept 7 and new projects such as the network ethereum costume dashboard. In the background, the security audits were ethereum costume to get started, so the Ethereum stress-testing team was formed. Together with the security auditors, they help us reveal weaknesses inside the system for fixing.
To date, no show-stopping flaws have been found and the audits are progressing nicely. It was both amazing ethereum costume encouraging to see a few proof of concepts built in such a short time using Ethereum, even if at the time it was in a crude state. January also brought the launch of our bug bounty programlooking to encourage people from all around the world to poke at our code and expose the things that might have escaped our eyes and minds.
February brought the release of ethereum costume PoC ethereum costume release, the first Whisper group chat inside MIST our Ethereum browserand an increasing attention on the Genesis launch and the future plans at project level. The membership includes some of the ethereum costume banks, payments companies, tech companies and telecoms in the world.
Ethereum had a strong presence at the most recent meeting of the group Feb 2—4 in Utrecht and is likely to have significant input into crafting the designs proposed, ethereum costume cases built and standards forged by this committee. The road toward the ultimate release of that spec and incorporation by the browser manufacturers will be paved by the design, execution and refinement of many use cases, and Ethereum will ethereum costume lead that development effort and serve as the leading candidate technology for much of it.
Below you can see the group picture taken at the last W3C organized in Utrecht, with Joseph Lubin and Vinay Gupta sitting on the right of the table. March started with a series of announcements regarding the Genesis Launch and intense work sessions of Proof of Concept 9. Vinay Gupta wrote a comprehensive article where he explained the codenames and what they mean for both users and developers, while Gavin has started documenting the development for the multi-phase Ethereum launch.
So…here we are, today, one year after ethereum costume settled in our Swiss HQ — days away from launching the Ethereum network. You may use these HTML tags and attributes: There are no comments.
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