Electroneum to Undergo a Soft Fork

The Electroneum reported on the necessety of a hard fork, as its codebase includes code inherited from Monero which may break the entire network at block 202612
05 February 2018   230

Electroneum is a cryptocurrency which is giving access to over 100m smartphone users via mobile operators, aims for 10s or even 100s of millions of users and has a defined route to market.

As it was stated in the GitHub of Electroneum, the measures to hardcode a hash for block 202612 (after the Monero network was attacked on September 4, 2014) were carelessly left in the Electroneum codebase.

It was stated that if this code is not removed by the time block 202612 is mined, the entire network will break.

The code should reportedly be removed to keep the network functioning once this block is mined, that is why Electroneum is implementing the soft fork.

Electroneum codebaseElectroneum codebase screenshot

Basically it means that when block 202612 is mined the entire network can break down, and all clients will think that the hash of block 202612 is incorrect, refusing to accept it and any subsequent blocks. If the Electroneum network does not soft fork to fix the above mentioned problem, it will be taken out by it.

At the moment of press, these are main market parameters of Electroneum:

Average price: $0,055886
Marketcap: $337 212 348
24h volume: $2 634 650

UCLA Blockchain Crypto Conference to be Held in LA

The UCLA Conference will be held on February 17-18 of 2018, gathering together the most experienced and exciting thinkers
17 February 2018   231

UCLA's Blockchain Lab and Far from LA are holding the Blockchain Cryptocurrency Conference, gathering together the most experienced and exciting thinkers across SoCal, in order to foster both economic and educational progress. The conference will concern cybersecurity, cryptocurrencies, and blockchain.

The UCLA Conference will be held on February 17-18 of 2018.

Location: The University of California, Humanities Building, 415 Portola Plaza, UCLA 90095, Los Angeles

The headline speakers will include Kathleen Breitman, the co-founder of Tezos; Sandra Ro from UWIN Lab; David Moss from EOS; Jeremy Rubin, the Bitcoin core developer, and many more.

The agenda of the conference is as follows: the future of blockchain keynote, bringing humanity to the blockchain, cybersecurity, autonomous vehicles, blockchain's influence on the development of art and culture, blockchain in the music industry, government adoption of blockchain around the world, and more.