Take a look at this one...

The featured ICO today is GEMERA

martes, 5 de diciembre de 2017

When Kitties Jamm the Ethereum Network

Today Mr. Positive Blue and Mr. Negative Red meet Mrs. Inquisitive Brown to talk about Blockchain Performance. Mr Neutral Black has taken a look at the scene and Mr Technological Green is around just in case. Mr Market Purple has joined today for a beer.
- Today I was sending some ether to the Game Flip token sale and it seemed that I just could not get the transaction through.
- Oh, yes, there is a known issue these days, the network has so many transactions that you would need a huge gas price.
- What's that?
- You pay a fee for the transaction to be mined on the Ethereum network. If you set that price too low, it will take a while for any miner to be interested in processing it.
- You can see the recommended prices here at gas station.
- I see. So, why is the network congested?
- Well, typically very large ICOs or lots of trading in particular moments. But on this occasion there is kind of a funny side effect of a DAPP called Crypto Kitties (https://www.cryptokitties.co/)
- I know that one, prices for kitties are mooning now.
- How do you know?
- Oh, see, you can see the major burners here and the first one is that DAPP / game.
- But, is the Ethereum network really that vulnerable?
- Yes and no. We spoke the other day about companies that try to use it as a payment network for regular purchases and how that is still not possible. However there are projects like the Plasma Protocol and the Raiden Network that are already providing solutions.
- That's good, I would not like to be in a market where a cat can ruin an operation.


Why code auditing matters - Quantstamp means your funds are safer

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