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Conensys
Exploring
Code Reuse
in Solidity
by Dave Hoover
My first impression of Solidity, the most popular programming language that runs on Ethereum’s virtual machine, was that the language was quite approachable. As someone who has been working with languages like Ruby, JavaScript, Perl, and Java for 16 years, I was able read it immediately and started writing some basic smart contracts within a few days.

I’ve been around long enough to witness several programming language ecosystems mature. Code reuse tends to be at the center of this maturity, as the community builds increasingly powerful code libraries and frameworks on top of previous work. Perl has CPAN, Ruby has RubyGems, and Javascript has npm. It’s clear that code reuse in the Solidity ecosystem is still in its infancy.

Recognizing this void, my first month at ConsenSys I focused on filling it. I’m assuming that Solidity will follow in the footsteps of its modern predecessors and benefit significantly from the distribution of foundational libraries and frameworks. I started with an exploration into where Solidity reuse is already underway.  
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SingularDTV to Produce Singularity-­based Sci­-Fi TV Series for Ethereum Blockchain
SingularDTV (S­-DTV), the recently launched first­of­its­kind blockchain entertainment studio, announces production of its first original television series: Singular. Singular is an epic sc-i­fi adventure about the human race’s journey into a theoretical technological Singularity.

Evotion Media Producer Kim Jackson (Blue Caprice, Inside Man, Munich) has been appointed Chief Creative Officer of Singular and will lead Season 1 into production on October 3, 2016. Principal photography will commence in New York City, Puerto Rico and Panama. The television series will serve as the use case around which S-­DTV builds out its rights management platform.
 
Taking place between the years 2021 – 2045, Singular follows an international cast of unlikely characters as decentralization scales and artificial intelligence becomes conscious, ultimately leading the world into a technological Singularity ­ a theoretical advancement in technology that creates a human/machine super intelligence 
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Nick and Karl
on Development
Toolkits
The State Change Podcast
Karl Floersch and Nick Dodson discuss trends in development toolkits inside and outside the Ethereum ecosystem. This episode provides valuable insight into Ethereum development for the non-technical person and interesting commentary for the technically oriented.
Listen to podcast
This Week
in Blockchain
A Transparent Marriage Agreement and a Prenup on the Blockchain
Over the past year, couples have begun recording their marriage contracts on the Ethereum blockchain as smart contracts accessible to virtually anyone. Now, two soon-to-be newlyweds decided to take it one step further. Gaurang Torvekar and Sayalee Kaluskar have created an open-source smart contract for their prenup on the Ethereum blockchain. The couple uploaded a template of the contract onto the InterPlanetary File System (IPFS) and the contents were encoded into a smart contract to make PrenupWithLove.
Why it matters?
A number legal experts have researched how smart contracts can be applied in contract law. A marriage and prenup is only one of the many contractual agreements finalized with the help of a lawyer. This application is a simple example of the versatility of smart contracts and how they can be applied across various use cases in contract law.
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A European Union Watchdog Group Continues Regulatory Research
Last Thursday, the European Securities and Markets Authority (ESMA) released a report on the research their team has conducted on blockchain technology. The ESMA looked at the technology’s risks and benefits to decide whether new regulations are needed for securities markets. The outcome of the investigation is that it is too early in the development of distributed ledger technologies to implement any regulations related to the technology. The group, one of the EU markets watchdogs, will continue to study blockchain as it grows and evolves over time.
Why it matters?
Though government officials and regulators want to prevent any issues that they may encounter with blockchain, many, including the ESMA, have decided to postpone implementing new regulations until the applications and effects of blockchain technology are further studied. This signifies that regulators are aiming to identify the components that make the technology unique.
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MIT Media Lab Releases Its Code

The MIT Media Lab published a new post last week releasing the first version of code they’ve written for a set of tools to issue, display and verify digital credentials on the Bitcoin blockchain. The process begins with a signature from a certificate issuer, which is hashed. The hash of the signature is then stored in a blockchain transaction associated with the recipient.
Why it matters?
The lab has done a great deal of work experimenting with blockchain technology and is now sharing some of the code they’ve written. Any developer familiar with working on blockchain technology can work with the code and tools the lab has built. They intend for this first version to be useful for experimental users and researchers. The Media Lab group also expressed interest in using Ethereum for future projects.
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Quantitative Stats ETH/BTC
ETH/BTC Chart
ETH/USD
ETH/BTC Chart
1 ETH is valued at $14.40 USD, and 0.0250 BTC as of 1PM EST on June 8th  as per www.poloniex.comthe largest volume trading venue for ETH.
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