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The Ethereum Foundation Granting $30 Million in 2019

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Last week, at the ConsenSys-organized Ethereal Summit in Brooklyn, Ethereum Foundation’s Executive Director, Aya Miyaguchi, reportedly announced the plans to spend $30 million on the development and improvement of Ethereum ecosystem. This means that the company will invest the mentioned amount in different projects aimed at the upgrade of Ethereum’s performance and security.

Speaking at the Summit, Miyaguchi accentuated the willingness to attract academic circles to Ethereum Foundation, as top researchers and developers are of high importance for advancement. The idea was also to secure grants to academic teams and similar institutions.

Another important news that was revealed was the fact that the Foundation will, reportedly, continue to support MolochDAO, which is a decentralized system seeking to provide funding for the Ethereum infrastructure. Just recently, Ethereum founders Joseph Lubin and Vitalik Buterin and their respective organisations ConsenSys and the Ethereum Foundation have each donated 1,000 ether (ETH) to the Moloch decentralized autonomous organization (DAO), as an incentive to raise the value of MolochDAO’s funding pool to over $1 million.

Furthermore, Miyaguchi also announced that the next Ethereum Devcon 5 will be held in Japan from October 8th to October 10th this year. As a reminder, events like this one are important in not just exchanging ideas, but in raising awareness and attracting new talents.

Although there have been voices in ConsenSys criticizing the slow development of certain algorithms, the overall impression was undoubtedly positive.

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In previous year, Ethereum Foundation spent $27 million on various grants, all with the goal to support the Ethereum ecosystem. The grants were rewarded in five installments. We remain to see the dynamics of rewarding grants in 2019. What we do know is what Ethereum Foundation will be looking for in a candidate program, as reportedly stated by Aya Miyaguchi:

How important is the problem the team is working on?

How unique is the solution?

Will the grant produce second-order effects?

How urgent is the problem?

Ethereum is the second largest blockchain in the world. So far, the majority of funds have been invested in scalability. Whether this year they will follow the same pattern, it remains to be seen. The founder, Buterin as well as Exec Director, Miyaguchi have announced more news in the following weeks.

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ethereum cryptocurrency

All You Need to Know About Ethereum & ETH

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Launched in 2015, Ethereum is the world’s leading programmable blockchain.” Its native currency is Ether (ETH), which is a cryptocurrency. As all other cryptos, Ether is decentralized, digital store of value. You can transfer it instantly worldwide. The number of ETH units in circulation is small.

Ethereum – World’s Second Largest Blockchain

Ethereum, on the other hand, is a blockchain network. Furthermore, it is a real community. And a very active one. What does it mean? Basically, it is open for developers to build applications on it. Such apps are considered to be reliable, as once uploaded to Ethereum, they will function as programmed.  Ethereum is a community, because it involves a great number of developers globally, who work on development of new applications. It also includes a significant number of contributors who work on improving the protocols, as well as apps. Ethereum is the place where most of the apps we are using today was built. Some of those include e-wallets, various payment apps, investment apps, entire crypto markets, popular games where you can own in-game items and trade them among other users. All this live on Ethereum.

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ETH & How to Purchase It

Going back to the cryptocurrency itself, the ETH, you should remember that it is a digital currency and shares basic features with other cryptos. Enclosed below is a step by step guide on how to purchase the ETH.

  • Create your account on either Gemini, Coinbase, or Kraken.
  • Verify that account by uploading a variety of docs to prove your identity, as requested. Verification will take a day or two, depending on the overall usage of the platform or price fluctuations.
  • The next thing you should do is secure funds in your exchange to enable you to buy ETH. This can be done by simply following instructions on the exchange platform.
  • Once you have purchased the ETH, make sure to withdraw the ETH to your e-wallet (secured with private keys) so you can have full control over your assets.
  • Private keys are actually passwords secured with other passwords, all in order to let you enjoy the safety and anonymity.  Make sure to open your account and set the passwords before you withdraw the ETH to your wallet. Once you have an account, you will receive the address – which you should enter on your exchange in order to transfer the ETH to your own account.

There are apps that can help you do all this by simply following the steps. One of those apps is MyCrypto Desktop App.  Dealing with cryptos for the first time can be confusing until you get used to it. That is why we suggest you try the smaller amounts first. After all, it is better safe than sorry. With cryptocurrencies, there is no going back and reversing the transfer. However, the platforms, the software and the protocols are all there to protect the users and make your assets handling easier than ever before.     

Editor’s Note: Check out QBDirect, the new deposit method at Casino Brango.

  

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Introducing New Deposit Method QBDirect

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There has been much talk about bitcoin, blockchain, e-wallets and the way cryptocurrencies are handled. The truth is that most of you are here because of the love for the game. The excitement and the prizes. And this is the way it should be. It is our job to secure the best possible experience and to take care of the technicalities. We have realized that there are some good people among you who are simply not familiar enough with setting up Bitcoin accounts and taking care of e-wallets, passwords, etc.  Therefore, we have decided to make the entire process easier and offer you to let us handle all this for you with the new deposit method QBDirect. We can take away the hassle and technical matters and above all – enable you to save on fees.

Deposit methods: Paysafe , Netteler, Skrill, Neosurf, Visa, MasterCard, Ecopayz

Advantages of QBDirect

Starting now, you will be able to buy bitcoin through us, and we will credit it directly to your account. This service is available for casino players exclusively. Apart from incomparable simplicity, which is becoming a kind of our trademark, one of the main advantages include extremely low fees.

Wondering how simple it is?

1. Log in to your casino account

2. Head over to the cashier

3. Click on QBDirect option

4. Proceed with your Bitcoin purchase

The Bitcoins you bought will be credited instantly to your casino account in the currency that the account has been opened in. And you will be set to play. Please note that you are required to wager the full amount at least once before a bitcoin wallet transfer can be requested.

In case you have any further questions or need any additional details about QBDirect, feel free to contact our support team.

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The Three Best Stories Of Our Mother’s Day Promotion

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This year we wanted to celebrate Mother’s Day in a special way. We gave you the opportunity to show your mothers the love and appreciation for everything they did for you. You did that by writing stories about your moms in the comment on the blog post. We have chosen the three best stories which got great prizes. You can read them below.

1st place

For me, mother’s day is not a day for me to look back on admiration and love for my mother. She was not the best person and never put her two daughters first… when I look back on who was my rock, who steered me in the path that led me to who I am today I am overwhelmed with love, admiration, and gratitude for my mom’s 4th husband and in my eyes both my father and my MOTHER. He was my disciplinarian, my Cheerleader, my shoulder to cry on, my teacher of things he should never have to responsible for teaching a 13-year-old girl. He taught me how to drive, fight, stand up for myself, how to be a lady but not a pushover in a man’s world. He was a Marine than a Cop and had that military mentality until the day he took his last painful breath in 2011, 8 days before my birthday.. all the while not only tolerating an impatient, bossy, abusive, wife and her two young daughters but he did it so patiently. Every major life-changing event my father was there representing both my parents and I was blessed enough to be there when he finally needed me to be his rock in his last months as his caregiver… his sole caregiver. Being to proud he refused to allow me to have hospice come in and as he lay dying of esophageal cancer so his last miserable 3 months on this planet I had the gift of giving back a sliver of what he gave me in the 40 years I was blessed enough to learn from and love him like you should from a mother. Thank you for the opportunity to tell the world what a special parent and human being Gerald Hazel was. I couldn’t have asked for a better father or mother. Lisa

2nd place

My Mother’s Day story is a bit sad but it’s filled with love.

I grew up in a very poor family, we didn’t have enough money for food or a home. I would stand in food lines with my mom hoping to get enough food for the next week. We moved from place to place because each one would cost too much money to stay. It was a very hard time, but my mom was so amazing! Even though we had very little money, every Christmas she would make sure that the tree would be filled with presents for me! Sometimes it was as simple as individually wrapping each item to make it look like I got way more presents than I really did. She made sure that on Christmas I felt special and loved. I know throughout the year she would sacrifice things she needed in order to provide an amazing Christmas morning. She passed away on December 21 eleven years ago and every single day I miss her but even more than that I wish she would have been able to have that last Christmas.
She was an amazing mom! I love her so much!!! Sharon

3rd place

Mother! This word is like living in our lives. Mother in our life is a place we can not clearly explain. The mother lays down the tree where there is only one shade in the harsh fire of life where we get some rest on the way. Mother is in our house where we have not been able to sit down and do nothing wrong. Our mother in our lives is the only man who understands from within, but the mother does not have to say anything to us, how can we understand the state of our mind when we see our face. And at the right time, the right solution comes to the hand. There is no feeling that our mothers do not know about our life or can tell us the right solution for them. One day, a girl was born for 9 months and her baby was born within one day. Mother, whose thoughts are love, her child, and the rest of the world is one of all the saints. The person who lives in the affection of his mother, that love can win the whole world with the affection of love. In such a situation, there is no difficulty in living in our life that can not fix our mother.
Mother is a place where we are the safest. Mothers are with us in our eyes, we can not understand what our soul ever thinks, we are surprised by our mothers. When we were hungry and when we knew that before sleeping alcohol, it was our mother, and the last day of life is still there. We are very similar to our mother, no matter how big we are. Mother is a boy’s first lover and a daughter’s favorite friend of her life. We have all of our mothers and mothers, we have the most love for her. Many say that with mother or not everything can be shared all the time, I say, do not try it once; Even a little lost in her sleep a few days ago, she could wake up to touch you. Md Aklas

Congratulations to our winners and big thanks for everyone who took part in this Mother’s Day promotion!

 

 

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Instant Gift Card is Back at Casino Brango

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One of the most popular payment methods, Instant Gift Card, is back at Casino Brango. If you used this before it will be good news for you. If you never try it, we have a really good reason to try it now.

When you make the first deposit on this way we will credit your account with an excellent 444% BOOST with 44 FREE SPINS after! Seems like a good offer, isn’t it?!

Now, if we convinced you that Instant Gift Card is the best method for depositing at Casino Brango and enjoy awesome games, read the terms before you claim for a great bonus.

  • Promotion is available once per person/household/IP Address
  • Wagering is set at 44x Deposit + Bonus
  • The minimum deposit to claim is set at $35
  • NO MAX CASH OUT
  • Playable only on Non-Progressive Slots, Keno & Video Poker
  • In the interest of fair gaming wagering more than $/€/AUD 10 per spin while playing any of our Non-progressive slots games will result in all winnings been void while playing the bonus in question.

We decided to make you easier the process of depositing this way and prepared for you step by step guide to making a deposit with Instant Gift Card. You can find it HERE.

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