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What are the features of the Ethereum 17m series developed by ConsenSys and supported by Parisbased Kiln?

avatarCadnaan FarxaanNov 23, 2021 · 3 years ago3 answers

Can you provide a detailed description of the features of the Ethereum 17m series? What sets it apart from other versions of Ethereum?

What are the features of the Ethereum 17m series developed by ConsenSys and supported by Parisbased Kiln?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    The Ethereum 17m series, developed by ConsenSys and supported by Parisbased Kiln, introduces several key features that distinguish it from other versions of Ethereum. One notable feature is the implementation of a new consensus algorithm called Proof of Stake (PoS), which replaces the traditional Proof of Work (PoW) algorithm. This transition to PoS brings benefits such as increased scalability, reduced energy consumption, and improved security. Additionally, the 17m series incorporates advanced smart contract capabilities, allowing for more complex and efficient decentralized applications (dApps) to be built on the Ethereum network. The series also includes upgrades to the Ethereum Virtual Machine (EVM), enhancing its performance and enabling faster transaction processing. Overall, the Ethereum 17m series represents a significant advancement in the Ethereum ecosystem, offering improved scalability, energy efficiency, and smart contract capabilities.
  • avatarNov 23, 2021 · 3 years ago
    The Ethereum 17m series, developed by ConsenSys and supported by Parisbased Kiln, brings exciting new features to the Ethereum network. One of the standout features is the integration of Layer 2 solutions, such as state channels and sidechains, which enable faster and cheaper transactions. These Layer 2 solutions help alleviate the scalability issues faced by Ethereum, allowing for a greater number of transactions to be processed per second. Another notable feature is the introduction of privacy enhancements through zero-knowledge proofs, which enable users to conduct transactions and interact with smart contracts while maintaining their privacy. Additionally, the 17m series introduces improvements to the Ethereum developer experience, with enhanced developer tools and frameworks that make it easier to build and deploy decentralized applications. With these features, the Ethereum 17m series aims to provide a more scalable, private, and developer-friendly platform for the Ethereum community.
  • avatarNov 23, 2021 · 3 years ago
    The Ethereum 17m series, developed by ConsenSys and supported by Parisbased Kiln, is a significant milestone in the evolution of Ethereum. This series introduces a range of features that address some of the key challenges faced by the Ethereum network. One of the notable features is the integration of sharding, a technique that allows the Ethereum network to be divided into smaller, more manageable pieces called shards. This improves scalability by enabling parallel processing of transactions across multiple shards. Another important feature is the introduction of a new virtual machine called eWASM, which replaces the existing EVM. eWASM offers improved performance and compatibility with other programming languages, making it easier for developers to build and deploy smart contracts on the Ethereum network. Additionally, the 17m series includes upgrades to the Ethereum protocol, enhancing its security and stability. With these features, the Ethereum 17m series aims to provide a more scalable, flexible, and secure platform for decentralized applications and digital assets.