Crypto News 

An Operating System for Building Effectively Scalable…

“The open-source nature of this technology makes it possible for thousands of creators to jointly produce decentralized applications (DApps)” reports livebitcoinnews.com. A toolkit that will enable developers to effectively create implementable Decentralized Applications (DApps) is a pressing need and determinant for the next phase of development that will sweep through the blockchain ecosystem. Source: livebitcoinnews.com Share This:

Read More
Crypto News 

The blockchain that wouldn’t die

“The old blockchain was supposed to die” writes Min Read for reuters.com. Critics of keeping the old blockchain alive say it allows the hacker potentially to sell the stolen cryptocurrency.Somewhat like in the 1980s when the Coca-Cola Co reintroduced its original soda as “Coca-Cola Classic” after a change in its flavor flopped, the old blockchain became known as “ethereum classic,” while the new blockchain took on the name ethereum.A small part of the ethereum community continued to use the old blockchain. Source: reuters.com Share This:

Read More
News 

DAO Is yet Another OOP Shame

“It says that we are accessing “data” and does exactly that: goes to the database, retrieves some data, and returns data” writes Yegor Bugayenko for yegor256.com. Not an object, but data, also known as a “data transfer object.”. Everything that was wrong with ORM, but instead of a “session” we have this DAO. The problem remains the same: the is not an object, but a data container. Source: yegor256.com Share This:

Read More
Crypto News Platforms 

No CEO needed: These blockchain platforms will let ‘the crowd’ run startups

“Aragon, Colony, and District0x are three of the open-source blockchain projects currently leading the charge in this space” writes Jeremy Epstein for venturebeat.com. Back in May, I wrote about the concept of DAOs, decentralized autonomous organizations capable of running themselves thanks to blockchain technology — no CEO or C-Suite needed.The blockchain-native entities built on platforms like Aragon, Colony, District0x, DAOStack, and the competitors that are bound to follow are going to pose a threat to incumbents who cannot react as quickly. He currently works with startups in the blockchain and…

Read More
Crypto News 

Goldman Sachs: Cryptocurrencies Getting ‘Harder to Ignore’

“Now, Goldman Sachs is counseling institutional investors to give cryptocurrency a closer look” writes unknown author for cryptocoinsnews.com. Mainstream financial institutions such as Goldman Sachs are finally beginning to realize what forward-thinking venture capitalists have known for years: investors need to pay attention to the cryptocurrency ecosystem.One hurdle institutional investors must overcome is the uncertain regulatory environment.Boroujerdi says that whether or not one believes cryptocurrencies have merit, “real dollars are at work” in the cryptocurrency space and warrant attention from investors. Source: cryptocoinsnews.com Share This:

Read More
Crypto News 

Chinese Blockchain Association Issues Protocol to Regulate ICOs

“Six Chinese blockchain companies have released a joint protocol designed to manage financial risks for initial coin offerings (ICOs) in China” writes unknown author for cryptocoinsnews.com. As ICOs are an unregulated means of crowdfunding in digital currencies they carry significant risks, namely investment and security risks. Source: cryptocoinsnews.com Share This:

Read More
Crypto News 

Wall Street regulator sets sights on digital coin offerings

“ICOs have become a bonanza for digital currency entrepreneurs, allowing them to raise millions quickly by creating and selling digital “tokens” with no regulatory oversight” writes Anna Irrera for reuters.com. As many of these tokens are then listed and traded on virtual currency exchanges, large holders could in theory have the firepower to control the price.”This is a shot across the bow for many of these ICOs,” said Preston Byrne, a technology attorney who specializes in virtual currencies.The decision reminds blockchain startups that they cannot ignore investor protections, and could…

Read More
Crypto News 

SEC: Initial Coin Offerings Must Be Regulated

“Curators also determined the order and frequency of proposals, and could impose subjective criteria for whether the proposal should be whitelisted” writes unknown author for cryptocoinsnews.com. If you thought a lot of ICOs were limiting US participation due to zealous regulators already, wait until you read the following: SEC has concluded that DAO tokens are a “security,” which should be regulated. Source: cryptocoinsnews.com Share This:

Read More