RATE Group | Breakfast Briefing: Ethereum Fork, Chinese AI & Japanese Pharma
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Breakfast Briefing: Ethereum Fork, Chinese AI & Japanese Pharma

26 Apr Breakfast Briefing: Ethereum Fork, Chinese AI & Japanese Pharma

Posted at 07:50h in Ethereum News by

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Ethereum Developers Fear a Fork

The project’s developers are concerned about EIP 999, which seeks to return lost ether.

Editor’s Remarks: EIP 999 is a proposal that will see $264m in lost ether returned to accounts. Proponents of EIP 999 believe that the Ethereum must guard against the loss of ether, particularly due to technical issues. However, on the other side of the debate, there are those who contend that altering code after it has been deployed damages the reputation of the Ethereum network, since it amounts to printing money out of thin air with no proof-of-work. Worryingly, the developers of Parity and Geth, two leading Ethereum software providers, are caught on opposite sides of the argument, causing many to fear a contentious hard fork.

Read more on Cryptocurrencies:

Sinovation Ventures’ $900m Fund

The firm is looking to raise a new AI-focused investment fund.

Editor’s Remarks: Sinovation is led by ex-Google China head Kaifu Lee, who is looking to spearhead…

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