A blockchain overview that covers cryptocurrency, smart contracts, the role of miners and developers, the differences between private, public, and hybrid chains, and an overview of Ethereum Classic and ETC Labs.
4. Liz Kukka
● Born and raised in the Bay Area
● ED at ETC Labs
● Head of Programs & Ops. @ Plug & Play
● Strategist @ Hive Lab
● School Teacher at Rosa Parks School - SFUSD
9. Cryptocurrency
Crypto is designed to work as a medium of exchange that
uses strong cryptography to secure financial transactions,
control the creation of additional units, and verify the transfer
of assets.
10.
11. Smart Contract
A smart contract is a self-executing contract with the terms
of the agreement between buyer and seller being directly
written into lines of code.
The code and the agreements contained therein exist across
a distributed, decentralized blockchain network.
14. Miners
Miners verify transactions on an ongoing basis and add them
to X blockchain which serves as a ledger of all activity across
that network.
In exchange for their time and computing power needed to
validate the ledger, miners are rewarded with X coin upon
successfully validating certain quantities of transactions.
15. Core-Developers
Responsible for maintaining the code base underpinning the
blockchain of X chain.
Though they can add or remove code to modify the central
code, they can’t put it into effect network-wide.
23. Ethereum Classic Labs
● Around as ETH 2013 - 2015 / ETC 2016+
● Proof of Work (PoW)
● Censorship Resistant, Immutability,
Decentralization
● Cheap “gas” fee
● Lacks network bloat
● Solid dev talent :)
24. Ethereum Classic Labs
Investment & Acceleration
● 10 - 20 teams / year
● $25K - $150K
● Mentorship &
Workshops
● Alumni Program
● Community
Development
Core Development Team
● 10 FT Developers
● 3 Teams: Tooling,
Protocol, EVM-LLVM
● Dev Outreach
● Dev Onboarding
● Community
Development
Integrations & Research
● Grant based
● $20K - $300K+
● Blockchain Agnostic
(research)
● Technical Support
● Community
Development
We’re looking for ways to get users to run decentralized services
We’re looking for ways to get users to run decentralized services
Chose crypto here not digital assets > because digital assets can be also be a representation of tangible goods.
Chose crypto here not digital assets > because digital assets can be also be a representation of tangible goods.
During the next 15 - 20 minutes I’m going to cover,
Enterprise requirements and goals which are often overlooked.
Public + Private use cases solving for Enterprise
Adoption, this is the goal I assume for everyone in this room, that we’re all trying to increase adoption amongst users and organizations, interoperability will help with this and there are several other solutions as well.
During the next 15 - 20 minutes I’m going to cover,
Enterprise requirements and goals which are often overlooked.
Public + Private use cases solving for Enterprise
Adoption, this is the goal I assume for everyone in this room, that we’re all trying to increase adoption amongst users and organizations, interoperability will help with this and there are several other solutions as well.
We’re looking for ways to get users to run decentralized services
Devlopers who maintain the codebase, or the miners who determine the mining algorithm. Some argue that miners just care about money, however
ECIP, EIP, BIP,
We’re looking for ways to get users to run decentralized services
Hyperledger is a multi-project open collaboration between led by Linux Foundation, and big names like Ethereum Classic Co-op, IBM, Intel, CISCO, SAP, Daimler, American Express, Oracle, Huawei, JP Morgan. There is a lot of progress happening on the Public + Private side of things at the Hyperledger foundation, such as hyperledger Besu whic is a Java based Ethereum Client, and Hyperledger Sawtooth that provides permissioned + permissionless support, and Burrow which is a permissionable EVM base. And of course En
have joined as active members as well, providing support for HyperLedger Besu integration for Ethereum Classic.
have joined as active members as well, providing support for HyperLedger Besu integration for Ethereum Classic.
And Enterprise Ethereum Alliance have certainly done a lot of work in creating standards, and also sharing two use cases recently, one was in January for the Real Estate industry, and the other was in 2019 for Telecos. Qourum.