| | DECEMBER 9th, 2016
"The time you enjoy wasting is not wasted time." – Bertrand Russell
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With recent hard forks now digested, the ethereum community is turning its focus to Metropolis, the next stage of the platform’s development.
Expected sometime in the first half of 2017, it should offer new features and improvements over the current version Homestead.
Without going into technical details, the main theme of the upcoming release is “abstraction”, which aims to make the system less complex and more “innovation-friendly”. As a plus, hard forks will be less risky.
There are likely to be some disappointments as well, as proof-of-stake and sharding implementation may be a way off still. (Read the full story).
 The polls are closing… If you haven’t yet voted in our survey of The Most Influential People in Blockchain 2016, you have until midnight tonight (EST) to do so, so don’t delay any longer! We want your opinion!
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Wait, there's more:
· Sovereign blockchains. South Africa’s Rand Bank joins the list of institutions investigating the ramifications of a digital central currency. A recent research paper looks at benefits of a “sovereign blockchain”, which include enhanced transparency and tax collecting efficiency. Read more.
· Regulating smart contracts. A panel at a blockchain conference earlier this week focused on the regulatory aspects of smart contracts. The participants (from two regulatory bodies, a law firm and a derivatives exchange) agreed on the need to watch and learn before regulating, and on the reversibility of self-executing code. Read more.
· Where did it go? Classic ether (ETC) trading volume has quietened down, and is currently at less than 1% of its levels in early August. Read more.
· Registered voters. A blockchain voting project won a $10k prize from cybersecurity firm Kapersky Labs. Voting machines would be connected to the blockchain, and voters could check that their votes were actually counted. Read more.
· No tax. Japan’s government could remove the 8% sales tax on bitcoin as early as July 2017, according to an official document released yesterday. Read more.
BTC: $771.29 +0.2%
ETH: $8.54 +1.2% at 10:00am EST more details
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