Brickblock and ETHLend ready to simplify lending procedures

Collaboration of two companies will be a breakthrough in finance
27 November 2017   1251

Brickblock and ETHLend reported on their strategic partnership. The main goal of collaboration is to streamline lending by using  blockchain technology. They are planning to tokenize assets and make lending and credit more secure.

ETHLend is an application, which connects moneylenders and debtors from all over the earth. It offers loans and uses digital tokens as collateral, which can be spent on buying of Ether. Brickblock uses the Ethereum blockchain and gives an opportunity for people to invest their digital currency without any need to exchange it to real money. Users can also choose the type of funds, in which they want to invest, Brickblock offers both active and passive coin funds.

In the result of this partnership lenders can be sure that their collateral will be safe and supported by real money. It will be provided by Brickblock. As for ETHLend, it will help to conduct transactions without any necessity to sell company assets for getting liquidity. For advantageous sales clients have an opportunity to monitor rate of exchange, which will be incorporated from the marketplace.

Constantinople Hardfork Code to be Included in Geth

Go-ethereum (Geth) v1.8.20 assumes that hardfork in the main Ethereum network will take place at block 7,080,000 (approx. between 14th - 19th Jan 2019)
13 December 2018   30

Developers of Geth, one of the most popular clients of Ethereum, presented a new version of the software with the included code of the upcoming hard fork Constantinople.

Go-ethereum (Geth) v1.8.20 assumes that hardfork in the main Ethereum network will take place at block 7,080,000.

Consensus regarding the block number for activating hard forks was reached last week during a regular video conference of leading Ethereum developers. According to Afri Shedona, release manager of another popular client of the network Parity, a block of 7,080,000 will be mined between January 14 and 18, 2019.

At the same time, Ethereum Foundation’s head of security noted that the new version of the go-ethereum client would contain a kind of “emergency switch” that would postpone the upgrade if something went wrong.

Originally scheduled for November, the Constantinople contains a number of changes and code optimizations designed to ease the transition to the Proof-of-Stake algorithm. In particular, they include the transfer by 18 months of the so-called “bomb of complexity”, which contributes to timely upgrades, and also suggests a decrease in the reward to miners from 3 to 2 ETH for the mined block.