A lot of work is going on about making the Ethereum Network Understandable.  Vitalik recognizes and acknowledges the efforts of etherchain_org, the mother company of beaconcha.in, etherchain.org.

Vitalik also recognized Amberdata on their “Cryptoeconomic Data APIs to drive your business.” It is made available free to get started.

Users with Amberdata will feel data empowered without having to manage infrastructure.  The data is backed by blockchain verifiable by proofs.  Amberdata facilitates analytics, monitoring, search, tags, and the ability to trace across all major blockchains and exchanges.

For traders and investors, Amberdata is appropriate as it provides for market intelligence, strategies, and signals. For developers, it is suitable for building applications on the blockchain.  Wallets will be able to deliver great blockchain user experience.

Sydney Ifergan, the crypto expert, tweeted:  “Ethereum is progressing, and increasing numbers of people are spending time learning about ETH, and on the different projects on ETH.”

Different projects are getting done on Ethereum ranging from privacy-preserving applications, private voting, anonymous authentication, and several others.

With a lot of time spent indoors, more numbers of developers are forwarding the projects they are working on.  Some are working on upgrading Ethereum contracts.  The network is into healthy activities like transaction propagation updates, validating, Sharding, and others.

Ethereum (ETH) Designing Future Solutions on Public Blockchain

The Ethereum Foundation Ecosystem Support Program, formerly known as the Grants Program, is online from April 01, 2020, thereby interacting with the Ethereum ecosystem to help expand their reach.

When designing future solutions, there was a point in time where engineers and product owners were scared to mention public blockchain networks as a viable protocol when designing future solutions.  However, trends are changing.

Ernst & Young “EY Global Blockchain Summit 2020 I Going Public” have disclosed that they are doing their important work on the Public Ethereum Space.

EY Global Blockchain Summit 2020 is the first enterprise blockchain event that has taken place online, and was live-streamed online.  The event was organized professionally, and during the quarantine, this was considered to be the only way of taking things forward.

Paul Brody, EY Global Blockchain Leader, clarified on why private blockchains will not be able to scale and create networking effects.  He also clarified his stand on why public networks will create the required upside for Fortune 500 companies.

EY have now started with their blockchain path.  They have accomplished a few things with EY OpsChain, and they are analyzing on how they will proceed moving forward.