Google releases tools for probing Ethereum’s blockchain

Google isn’t slowing down with the new blockchain tech. A few months after releasing Bitcoin support for its BigQuery database tool, Google has debuted a new plug-in for analyzing the Ethereum ETH blockchain.

Google has provided users with a new avenue for directly interacting with Ethereum data. Services already exist that show information about wallet addresses and transactions, but until now, investigating the full breadth of data stored on the blockchain has been a cumbersome process.BigQuery can also connect directly with the Parity client.

Regular Chrome users are now capable of reading all of the data stored on Ethereum’s blockchain. Take, for instance, this fancy new chart. BigQuery can show us graphs of all the Ethereum transfers, including transaction cost.

Graphs like these are most useful for making business decisions, even the development of the Ethereum architecture itself. With the new tool, checking to see if the Etheruem system is running at capacity and needs upgrading is made possible with a simple database query.

The Big G has also developed a new interface to visualize smart contracts. Google has used popular Ethereum dApp CryptoKitties as an example of how BigQuery can create interesting maps of Ethereum traffic.

Here’s an account overview of CryptoKitties breeders that own 10 or more digital cats; the size of the blobs indicate their breeding power.

This is quite literally an overview of the CryptoKitties pedigree. Is this creepy? I think it’s creepy.

Other use cases aren’t so frivolous.

BigQuery can also give us clean overviews of token activity. Below, a graph shows us data related to transfers, specifically of the ERC-20 token OmiseGO (OMG).

That big spike in blue activity corresponds to a recent airdrop, in which lots of OMG tokens were received by lots of wallets at once. We can infer that plenty of users kept the tokens they received, at least for that week.

Something completely new is the ability to compare smart contracts, particularly in their functionality. Ethereum’s integration with BigQuery brings the freedom that comes with a large suite of analytic tools.

The Ethereum data pulled by BigQuery is updated daily. To make full use of its functionality, a working knowledge of database programming is definitely helpful, as all queries are made using SQL.

Google is also prepping to release some other blockchain-related tools – it has previously announced a new development kit that should provide customers with an easy way to build smart contracts and deploy decentralized applications.

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Author: David Canellis
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Enigma Protocol to Integrate Smart Contracts Tech With Intel Systems

Intel is working with blockchain startup Enigma to help secure its privacy-enhancing smart contracts.


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Secret contracts are a type of smart contract for public blockchains that use cryptographic tricks to keep transaction data hidden from view. Enigma – a startup that grew out of efforts at the Massachusetts Institute of Technology, with the goal of creating a more private platform for decentralized applications – wants to boost their privacy by incorporating Intel’s Software Guard Extensions (SGX), a move slated for the second half of 2018.

“Privacy is currently the biggest barrier to smart contract adoption. Blockchains are good at correctness, but bad at privacy by design. Smart contracts and decentralized applications will need to be able to use private and sensitive data to see global adoption.”

Enigma plans to work with Intel and other industry partners to develop applications that support the protocol and SGX, later this year launching a proof-of-concept that showcases the potential of combining the two technologies.

Both teams are also conducting R&D into trusted execution environments (TEEs), which are an integral part of Intel’s SGX technology that securitizes data and code. Specifically, TEEs refer to space on a device’s main processor that is separate from its operating system and is responsible for storing and protecting data in a secure environment. In this regard, Intel and Enigma’s goal is to create “production-level software that can be used at scale.”

The collaboration is a timely one, given that high-stakes attacks have already taken place. The most prominent of these is perhaps the DAO hack in 2016, where 3.6 million ether, valued at around $50 million at the time, was stolen from the decentralized and autonomous venture capital fund as a result of vulnerabilities in a smart contract.

In an April Medium post, Enigma CEO Guy Zyskind highlighted the need for secret contracts given the issues affecting other forms of privacy tech. These include problems with coin-mixing and zero-knowledge proofs, the latter of which he said are particularly vulnerable in multi-party cases where several “untrusted and pseudonymous” parties are executing computations.

Therefore, Zyskind said, secret contracts provide the “missing piece” by executing computations using encrypted data that stays hidden from network nodes.

Looking further ahead, Enigma will also be launching its testnet and mainnet – a fully functioning, live network– in Q1 and Q2 of 2018, respectively, according to its roadmap.


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author: Annaliese Milano
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4 Blockchain Projects to Keep an Eye On

Consensus Conference New York City

Next week, thousands of crypto and blockchain enthusiasts will descend on New York City for the 4th annual four-day Consensus Conference at the New York Hilton Midtown. The event features more than 250 speaks, 4,000 attendees, and a cadre of industry leaders from around the world who are gathering for one of the largest collectives blockchain development gatherings in the world.

The event features a slew of heavy hitters like Jack Dorsey, the co-founder of Twitter and CEO of blockchain startup Square, Charlie Lee, creator of Litecoin, and Dan Morehead, CEO of Pantera. In addition, some of the most recognizable names in tech including Microsoft and IBM are participating in the event.

Of course, Consensus isn’t just about the big names and popular performances. It’s an opportunity for new blockchain initiatives to show off their prowess and to demonstrate their platform’s most compelling features. As we approach the start of Consensus 2018, here are some projects worth keeping an eye on.

BLOX: QUICKBOOKS FOR CRYPTO

Increasingly individuals and companies are acquiring crypto assets that are spread out among many different wallets, exchanges, and other holding methodologies. With Blox, those assets are manageable from a single application. In addition to a web-based platform, Blox already offers an app in the Android and Apple App Store, and their latest product is tailor-made for the business community.

In the same way that QuickBooks provided a single easy-to-use platform for companies to organize and manage all of their financial assets. Blox Business helps companies perform a similar function for their crypto assets. They already have more than $2 billion in managed assets, and they are on pace to exceed $10 billion by the end of the year.

Blox CEO, Alon Muroch, is presenting on the future of cryptocurrencies and blockchain asset management on Tuesday, May 15th, 11:45-11:55, Rendezvous Trianon, 3rd Floor.

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AGRELLO: LEGALLY BINDING SMART CONTRACTS, POWERED BY AI

Agrello combines their legal training with the transformative power of the blockchain to create a platform for legally binding smart contracts. With just a mobile app, anyone can negotiate and execute smart contracts that are secured and enabled by the blockchain.

Their features include a virtual passport, a legally binding digital signature, and a slew of smart contract templates. In this way, Agrello is making real-world smart contract adoption available for anyone. Their platform doesn’t require any programming skills, and the open interface means that community developments are continually contributing to its maturation.

Agrello has a significant presence at this year’s conference. Hando Rand, Agrello’s CEO, is offering a brief presentation demo on Monday, May 14th, and their team is on hand to meet with interested parties until May 19th. Anyone can sign up to meet with the company’s representatives for a personal orientation of the platform’s features.

THINKCOIN: MULTI ASSET TRADING ON THE BLOCKCHAIN

ThinkCoin is the new digital token that will power TradeConnect, a multi-asset trading platform hosted on the blockchain. Using a mobile app and smart contracts, TradeConnect creates a market for all types of financial assets that are purchased and traded using their native TCO token. They’ve recently partnered with 0chain to provide high-frequency trading mechanisms to TradeConnect users, and they have other prominent announcements on the horizon.

In conjunction with Consensus, ThinkCoin is participating in the TokenMatch.net pitch event where they were selected to present their platform to interested investors. Consensus week has expanded to encompass much more than just the conference, and ThinkCoin is right in the middle of next week’s action.

QTUM: THE BLOCKCHAIN MADE READY FOR BUSINESS

This year, one of the major movements in crypto integration is enterprise solutions for blockchain integration. In part, these initiatives have been slow to develop because there is a lack of blockchain development talent available.

QTUM solves that problem by providing a platform for building decentralized applications that are incredibly capable but also easy to use. These Dapps, have cross-blockchain interoperability while also using things like smart contracts and a decentralized network to enhance capability, security, and reliability. In many ways, QTUM operates like the Squarespace of the crypto ecosystem because they allow anyone to build and develop a compelling product.

One of QTUM’s developers, Jordan Earls, is presenting as part of a panel discussing on-device key management on May 14th.


 

Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author Pini Raviv 
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