- New InstallAware X12 Enables Direct Ethereum (ETH) Payments to Setup Developers; Recording Purchases on the Blockchain, Monetizing Applications With Cryptocurrency, and Growing Their Top-Line
- Apex Crypto News – Ethereum 2.0 Charges Ahead With New ‘Onyx’ Testnet Launch
- Upvest receives funding to solve Ethereum transaction fee problem
New InstallAware X12 Enables Direct Ethereum (ETH) Payments to Setup Developers; Recording Purchases on the Blockchain, Monetizing Applications With Cryptocurrency, and Growing Their Top-Line
SAN FRANCISCO, June 10, 2020 (GLOBE NEWSWIRE) — InstallAware Software, the technology leader in software installation, repackaging, and virtualization solutions for application builders and enterprises, is launching InstallAware X12 on Friday this week.
InstallAware X12 is the now the first and only setup platform with a decentralized, peer to peer payment system, integrated at install time. Setups built with InstallAware may now automatically award royalties to their developers when purchases are made securely and discreetly within the setup wizard, using the Ethereum (ETH) cryptocurrency. Using InstallAware’s Smart Contract authored in Solidity, funds are instantly transferred to the developer’s wallet, directly from the end-user wallet, without third-party trust.
Re-installations are a breeze for past purchases, as they are instantly looked up on the ETH blockchain. First time purchases themselves are processed in fifteen seconds or less, competitive with the processing speeds involved with most traditional banking systems, such as that of many major credit cards.
The entire process happens directly on end-user Desktops, without ever launching a separate web browser, or requiring bulky application frameworks such as Electron. InstallAware setups, being fully light-weight and self-contained, have always run on all Windows versions without any brittle runtime dependencies; this flexibility and independence is now in the service of the decentralized, global blockchain payment system.
InstallAware X12 also empowers globally distributed development, with support for Microsoft Azure DevOps, featuring a brand-new Team Project Explorer; which is of critical import in these times of global uncertainty, and a transition to “work from home” ethos for most corporations worldwide.
InstallAware X12 also beefs up security for payloads it downloads on demand at install time. Referred to as “Web Media Blocks”, these bits are now all securely code signed using Microsoft Authenticode technology. Re-signing by a malicious actor using a different certificate than the original one is detected and automatically invalidated.
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Author: InstallAware Marketing Corporation
Apex Crypto News – Ethereum 2.0 Charges Ahead With New ‘Onyx’ Testnet Launch
Blockchain firm Prysmatic Labs announced the launch of a new test network for the Ethereum 2.0 blockchain.
According to a June 10 announcement, Prysmatic Labs is launching the Onyx Ethereum 2.0 testnet — which represents an improvement over the previous Topaz testnet.
Per the announcement, the Onyx testnet is the last update before the launch of the first Ethereum 2.0 mainnet. Furthermore, this network will support multiple client software distributions.
Onyx improves the network message handling, complies with the latest Ethereum 2.0 specifications. Prysmatic Labs also announced that it will soon turn off its Topaz validator nodes and start sending deposits to initiate staking on the Onyx network.
Credit: Source link
Upvest receives funding to solve Ethereum transaction fee problem
Upvest announced on its blog that is has secured 900,000 pounds in funding from the IBB profit program to help solve the transaction fee problem on Ethereum. Transaction fees are a complex topic that platforms have to deal with when building applications on Ethereum. On the decentralized network, the execution speed of a transaction is dependent on the network traffic at a given time, as well as on the transaction fee, which is sent along with the transaction. Thus, setting a fixed fee for every transaction will likely result in an over- or underfunding of the transactions. Overfunded transactions add up in terms of cost, especially when the amount of transactions sent is very high. Underfunded transactions, on the other hand, come with the risk of being dropped, so never included in mined blocks. This is a problem since the transaction is stuck in the mempool, and it requires signing another transaction to replace the underfunded one.
As of today, existing approaches to fee recommendations are static and do not come with an enterprise standard (SLA). Upvest has built a fee recommendation engine to cover this missing piece of software in the Ethereum ecosystem.
Upvest developed a fee recommendation API based on a continuously evolving machine learning model. We are constantly collecting real-time network signals from numerous independent data sources, including for example the number of unconfirmed transactions or the number of active miners.
Our currently deployed model has been trained with Ethereum network signals gathered over a period of one month. The Initial benchmarking results against the current fee recommendation solutions promises crucial performance improvements by 18%. “Fee estimation using Neural Networks (FeNN) Solution”
The upvest fee recommendation engine is designed for startups and companies that are executing a large number of transactions on the network.
Upvest offers the service in the form of an easy to use API, which does not require any blockchain specific knowledge. You get the execution speed that you pick, no need to think about fees. The product is fully integrated into the Upvest product suite and comes with an enterprise-grade SLA.
Upvest clients are using the fee recommendation engine in the context of primary security token issuance, and for transactions in the secondary market between investors. Since the technology is use-case agnostic, it can easily be used by exchanges as well.
To complete the Upvest transaction toolbox, we are currently working on a transaction confirmation risk calculator to account correctly for incoming Ethereum transactions. By recommending the optimal waiting time for block confirmations, our customers are able to account for these transactions as early as possible, while mitigating their risk.
Author: Source: Upvest Blog