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OpenLibra announcement overshadowed by core team member’s questionable past

The launch of OpenLibra, a permissionless and open-source fork of Facebook‘s cryptocurrency, was overshadowed by fraud accusations toward one of the core team members. Crypto startup Wireline casts shadow on OpenLibra launch This year’s Devcon served as a springboard for news in the crypto industry, including the launch of OpenLibra. The project is a permissionless and open-source fork of Facebook’s controversial cryptocurrency Libra. Also a stablecoin, OpenLibra would be pegged to Facebook’s Libra. The platform was developed by a consortium of around 30 blockchain companies, including Cosmos, Wireline, BlockScience, and Democracy Earth. A permissionless version of the Libra virtual machine was already published on GitHub. The framework, called “MoveMint,” runs on the Tendermint blockchain and can be used on platforms such as Cosmos.  However, the involvement of Wireline seems to have overshadowed the announcement with previous investors calling the company a scam. Andrew Lee, the founder of Web3Journal, filed a complaint with the U.S. Securities and Exchange Commission (SEC) saying that Wireline and its founder Lucas Geiger committed fraud. Geiger, who is one of the core team members of OpenLibra, reportedly stopped responding to Lee, who invested $1 million in the company during its 2018 ICO. According to Lee, Wireline’s advisor Sizhao Yang and Geiger failed to deliver on almost all of the major promises made during the initial coin offering. The two reportedly claimed Jun Hasegawa, the founder and CEO of payments platform Omise, would lead Wireline’s marketing while the Ethereum Community Fund Network would fund the project.  Lee’s complaint could bring other investors forward In a Twitter thread, Lee went on to share the conversations he had with both Geiger and Yang. According to the screenshots, Geiger hasn’t responded to Lee since early March, while Yang’s answers were brief and unhelpful. Apart from promising an expert team would lead the project, Geiger and Yang reportedly said that Wireline’s native token would be released in the second quarter of 2018. Lee said that neither he nor any other investor received updates from the company regarding the token release delays. While this prompted several other investors to step forward on Twitter, it’s still too early to tell whether Lee’s claims have merit. Neither Geiger nor Yang responded to these accusations, but Wireline remained active—the company’s newly appointed CEO Rich Burdon demonstrated Wireline’s peer-to-peer collaboration at Devcon on Oct. 10. In a follow-up tweet, Lee said that he managed to contact Burdon, who was “a lot more understanding” and the two are reportedly trying to find “middle ground.” We are yet to see whether the SEC decides to act on Lee’s complaint. In the meantime, Geiger’s reputation and the reputation of OpenLibra will be at stake if more investors with similar stories come forward. The post OpenLibra announcement overshadowed by core team member’s questionable past appeared first on CryptoSlate.
Cryptoslate

Breaking: Facebook-Backed Crypto Libra to Be Forked to “OpenLibra”

Libra But Forked There we have it folks, Libra, the Facebook-backed crypto asset, is purportedly being forked. Announced at Devcon 5 in Japan just minutes ago, prominent blockchain developers will be forking the blockchain to create something known as “OpenLibra”. The initiative, unveiled by Wireline co-founder Lucas Geiger, is slated to be a permissionless version of Facebook’s blockchain. Wow, I guess this was bound to happen, @Libra_ is being forked into OpenLibra, a permissionless version of Facebook’s blockchain, @geiger_lucas just announced at Devcon 🤯 — Camila Russo (@CamiRusso) October 9, 2019 According to Christine Kim, a Coindesk reporter covering the event, there will be no token sale, equity, or company behind this project; it will all be open-sourced. The weird thing is, this will be a cryptocurrency that will be pegged to LIbra. Kim reports that Geiger Lucas said the following about OpenLibra’s virtual machine model: “We’re taking the Move virtual machine … and placing it on top of Tendermint. You’ll be able to run state machine with the Move language and get your state replicated with permission-less consensus.” More information about the project can be found at this link. The project has already received some pushback. Prominent Ethereum community member Vlad Zamfir tweeted the message below after he heard about the news regarding the Libra fork. His concerns seem to stem from the fact that this tacitly lends legitimacy to Libra, which many in the cryptocurrency community have denounced due to its perceived centralization. I've never been more disappointed in the Ethereum community https://t.co/tmdGEdblHH — Vlad Zamfir (@VladZamfir) October 9, 2019 This is a breaking story. Ethereum World News will update it once more information is released. Title Image Courtesy of Unsplash
Ethereum World News

Vega raises $5M to develop decentralized derivative markets

Vega, a startup building decentralized trading technology, has raised a $5 million seed round led by Pantera Capital, with participation from investors including Xpring, Hashed, and RSK Ecosystem Fund. The startup is building a blockchain-agnostic protocol that enables traders to create and participate in non-custodial markets for trading derivatives products. According to the firm, Vega is a layer 2 chain leveraging proof-of-stake and is currently built on top of the Tendermint consensus library used by protocols like Cosmos. As a blockchain agnostic protocol, Vega's protocol can be integrated into various blockchains. The firm's first integration is with Ethereum. A user wanting to trade ether or ERC-20 tokens on Vega will lock up their tokens on a Vega Ethereum smart contract. A Vega node then reads the contract to ensure assets are locked before turning these assets into a collateral that can be traded on Vega's markets. "Vega is designed from the outset for any given network/shard to be able to act as a side chain to multiple asset ‘host’ blockchains. This would allow for cross-chain settlement and markets settled in assets outside of Ether and ERC20s," Vega CEO and co-founder Barney Mannerings tells The Block. While Vega's first integration is with Ethereum, Mannerings believes its users would soon build markets on other blockchains. "We are keen to quite quickly expand beyond Ethereum hosted assets, and the participation of both the RSK Ecosystem Fund and Xpring in this demonstrates the seriousness of our longer term, blockchain agnostic mission," he says. Vega is not the first non-custodial derivatives offering on the market. dYdX, an Ethereum-based non-custodial derivatives trading platform launched Alpha testing on the Etheruem mainnet in April. More recently, UMA Protocol, a decentralized financial contracts platform, published a research paper exploring a "decentralized levered contract" trading platform. Mannerings tells The Block that Vega differs from these competing products because "the protocol’s use of a separate blockchain custom designed for derivatives trading [which] also allows the protocol to mitigate issues like front running and makes it possible to easily support bespoke products with complex execution logic and risk models, in addition to providing 10-100x lower latency and higher throughput than blockchains like Ethereum on which many competing protocols are based."
The Block Crypto

Terra proves it owns the Korean Market

Terra just made four killer announcements during Korea Blockchain Week that will put it at the forefront of the Korean market. Terra is one of the most promising projects coming out of South Korea. It is an algorithmic stablecoin that aims to become the first mass-adopted cryptocurrency. Thanks to its payments DApp – CHAI – Terra is optimally primed to take over the Korean market. Yesterday, during the Korea Blockchain Week, Co-Founder Do Wong made four massive announcements: CHAI is going to collaborate with BC Card, the largest payment processor in Korea, to launch a debit card by early 2020. This card will be accepted at BC Card’s 3 million+ affiliates in Korea, with plans to expand globally with BC’s global network partners. CHAI will be conducting offline payments with CU. CU happens to be Korea’s largest convenience store chain with 14,000 retail locations scattered across the country. CHAi is now available on Yanolja – Korea’s version of hotels.com. Yanojla has over ten million users and generates over $2 billion in GMV. Terra partnered up with Shinsegae (SSG) Duty Free and enabled global payments in Hong Kong via a localized app called “CHAI DF.” SSG Duty Free happens to be a market leader in Korea’s $17 billion duty-free shopping market. More on Terra Terra was built with the Cosmos SDK and Tendermint, a Byzantine Fault Tolerant Proof-of-Stake (PoS) consensus algorithm. The Terra stablecoin is collateralized by a second native token called Luna (LUNA). Luna is listed on a number of Korean exchanges as well as global exchanges like Bitrue, KuCoin, and Bittrex. The two target audience groups for Terra are merchants and end-users. Merchants: Due to the complicated payment systems, merchants end up paying 2-3% transaction fees. Terra looks to replace the existing system and bypass the need of multiple intermediaries to facilitate transactions with one single blockchain layer, which will drop the transaction fees to just 0.5%. End-user: As Terra keeps growing, the end-users will be able to enjoy a 5-10% discount rate for every transaction.  The reason why that will be possible is because of simple supply-demand mechanics. Terra keeps its price steady by increasing and decreasing the money supply. As the Terra economy grows, they will be able to fund discounts with the money supply growth. CHAI a next-generation Mobile Payment Gateway Terra’s payments dApp, CHAI, allows users to make online payments by adding their bank accounts. It has become immensely popular in a very short amount of time. Within three months after launching, CHAI has become the 4th and 13th most popular app in the finance category on Apple’s App Store and Google Play Store, respectively. It has also surpassed the local digital payments leader KakaoPay on both charts.   What is the significance of these announcements? With CHAI, Terra has a payment dApp that has garnered a considerable following. Within three months, CHAI had already gained a staggering 430,000 users. Seeing this popularity, more and more online platforms (like Yanolja) have started integrating CHAI within their systems. Terra is looking to hit an annual run rate of $1 billion by 2019 though these online integrations alone, making it one of the most active blockchain networks in the world. However, as the CU announcement indicates, CHAI is being adopted by companies for offline payments as well. This will significantly increase CHAI’s consumer touchpoints and spike up user activity. Finally, with the BCcard partnership, virtually everyone in South Korea will have access to Terra’s blockchain payments network.  Conclusion Usability and accessibility is the key to growth for any payments system – centralized or decentralized. With Terra, we have an intriguing case of a stablecoin, backed by solid fundamentals, which is actually being used by a vast audience, both online and offline. As CHAI gets adopted by more platforms, both merchants and users will be exposed to the benefits of the Terra blockchain (low transaction fees and higher discount rates). This will undoubtedly attract more attention to CHAI and Terra and put them in prime position to dominate the market. Disclosure/Disclaimer: This press release is sponsored and produced by a third-party source and should not be viewed as an endorsement by ZyCrypto. Readers are urged to do their own research before investing or having anything to do with the company, goods and/or services mentioned in the above article. The post Terra proves it owns the Korean Market appeared first on ZyCrypto.
ZyCrypto

Konstellation Network to Migrate DARC Token Supply to Binance Chain

SEOUL, KOREA — Konstellation, a blockchain technical solutions provider based in Korea, announced their intent to migrate the existing 1 billion DARC tokens based on the NEM mosaic token protocol to Binance Chain. The original DARC token was issued on the NEM public blockchain in July 2018. However, due to continual delays associated with the release of NEM’s long-awaited Catapult version of its public blockchain, as well as some internal realignment of the vision for DARC token, the Konstellation team decided to migrate the entire DARC token supply to the Binance Chain by creating a BEP2 version of the DARC token. The Binance Chain infrastructure is purpose-built for performance, liquidity, and ease-of-use. For a project like Konstellation, which is developing a niche blockchain-based ecosystem specifically for the financial services industry, the BEP2 protocol is better aligned with the main goals of the project, namely cross-chain interoperability with a focus on mainstream adoption. Binance Chain is a use case specific blockchain that enables the seamless creation of on-chain digital assets that can easily integrate with an increasingly decentralized alternative exchange marketplace. Binance Chain utilizes a combination of Delegated Proof-of-Stake (DPos) and Practical Byzantine Fault Tolerance (pBFT) to determine who gets to mine each block on Binance Chain. This governance mechanism is an alternative to the energy-intensive Proof-of-Work mechanism used by Bitcoin. Many blockchain developers believe that this Tendermint consensus algorithm removes a lot of the negative points aimed at most blockchain-based methods of determining distributed state. To transfer value on Binance Chain, tokens must be compatible with the Binance Chain Evolution Proposal 2 (BEP2). BEP2 is a token management set of rules and pre-defined criteria implemented specifically to launch on-chain assets, and nothing else, on Binance Chain. The new protocol has seen an unprecedented adoption rate. Every day, projects announce the transition of their entire token supply, or a portion of their token supply, to BEP2 from their original mainnet or Ethereum-based (ERC20) implementations. Even Bitcoin, for which Binance released a pegged BEP2 version of this summer, can benefit from the speed, security, and transactional efficiency of this new Cosmos-based blockchain platform. The BEP2 token protocol is certainly giving the previous industry standard ERC20 token protocol a run for its money. As Konstellation continues to execute on its mission to increase access to life-changing investment opportunities to everyone, the decision was made to reject Turing complete smart contract token protocols in favor of token-specific protocols like BEP2. For the decentralized finance, popularly known as defi, ecosystem of the future, security must take precedence over all other considerations. Token protocols specifically built for financial assets are much more secure and reliable. If you are a token holder of the DARC NEM mosaic, we encourage you to swap your tokens out for the new DARC BEP2 token as soon as possible. Trading of the NEM mosaic for DARC will soon cease. After July 26, 2020, Konstellation will no longer support the DARC NEM mosaic. If you have any questions about this token migration, the Konstellation team can be reached on Telegram. About Konstellation Konstellation is building a robust blockchain ecosystem to support the global financial services industry. Its native utility token, DARC, will power the Konstellation Network, a hybrid public/private blockchain which will allow for (i) blockchain-agnostic creation of digital assets, (ii) the seamless and global blockchain-enabled trusted interaction between critical counterparties and (iii) transparent, secure and, most importantly, compliant interactions with participating financial institutions. Konstellation is the source for financial institutions that want to prepare for the inevitable future in which all types of assets will exist and be recorded on the blockchain. Learn more about us on our website. The DARC token is currently trading on Exrates. About Binance Chain As a public blockchain, Binance Chain mainly focuses on the transfer and trading of blockchain assets using its BEP-2 native token protocol standard. The combination provides new possibilities for the future flow of blockchain assets. The Binance DEX on Binance Chain focuses on performance, ease-of-use, and liquidity. To learn more about the Binance Chain, please visit https://docs.binance.org/. The post Konstellation Network to Migrate DARC Token Supply to Binance Chain appeared first on Bitcoin Garden.
Bitcoin Garden

20 Blockchain Projects With the Most Dev Activity — September, 2019

20 Blockchain Projects With the Most Dev Activity — September, 2019Congrats to Status, Storj, Aragon, 0x, Metamask, Gnosis, Augur, and Origin Protocol for all the hard work!You can tell a whole lot about the state of a project or application by the amount of activity it has on Github. Projects with lots of action are more likely to be in the midst of BUIDLing and shipping, while a Github that’s populated only by lonesome tumbleweeds is a sign of a project that’s either not moving forward or is so perfect that it doesn’t require any more work — and that is something of a rarity.State of the Dapps does a great job of harvesting data from Github, including commits, pushes, issues, and pull requests from open source projects representing the most notable platforms that support decentralized apps — including Ethereum, EOS, Steem, and xDai. The result is a bird’s eye view of developer activity in the blockchain space.Although this information is by no means a definitive picture of the blockchain ecosystem for countless reasons, the Github data illustrates some interesting trends regarding developer activity in the blockchain space in regards to open source projects. Don’t see your favorite project listed below? Encourage them to make their activity public and published on State of the Dapps.The month of September showed significant changes in rankings for activity on Github, particularly from perennial developmental leaders like Status and Storj. Ethereum still dominates the charts from top to bottom, with projects representing EOS, Steem, and Tendermint also maintaining a notable presence.Below are the top 20 projects on State of the Dapps by developer activity over the past 30 days as of September 22nd, 2019…1. StatusThere is yet to be an edition of this list where Mobile Ethereum OS Status has not topped the rankings at number 1. Status has long been a leader in the blockchain space, and recent activity on Github — with 5983 events in the past 30 days — indicates that the sizable Status team continues to outperform challengers while developing the iOS, Android, and desktop version of the Status app. The number shows a slight drop off since last month, while retaining a sizable lead against all other projects listed.2. StorjDecentralized cloud storage network Storj is working fast after the launch of the final phase of its alpha — named Beacon — towards the v2 launch of Pioneer, the Storj platform beta. Additionally, the team has implemented a number of additional endeavors, like its Open Source Partner Project, and its Tardigrade cloud storage platform. The Storj team maintains second position this month with 4967 commits—albeit down 11% from the preceding month—still a remarkable figure as usual from one of the most productive teams in all of blockchain.3. AragonThe Aragon project maintains its position at #3 after a big move up the developer charts this summer. The Ethereum mainstay has long held credibility for being a well-run operation, and its platform for creating decentralized organizations presents a powerful proposition—one upon which you can create your own blockchain-enabled organization on the Ethereum Mainnet now. The Aragon team committed 4462 events to Github over the past 30 days, up approximately 7.36% from the month prior.4. Origin ProtocolIt’s a tight squeeze in 4th position this month, which is occupied by Origin Protocol. The project utilizes Ethereum and IPFS to create decentralized marketplaces. The Origin Beta and mobile app are already live on the Ethereum Mainnet, and you can use it to purchase all sorts of rare, exciting, and sometimes bizarre items like a violin from the 1800s, Ethereum holographic art, and luxury vacation rentals all over the world.With 4372 commits over the past 30 days— a 5% jump from last month’s performance — and more items added to the native Origin marketplace every week, the platform continues its notable growth.5. AugurIf you didn’t lay down a crypto wager on sports, politics, or even the death of a public figure this month—do you even blockchain? Augur’s platform of a decentralized oracle and prediction market protocol is one of the most remarkable projects live on the Ethereum Mainnet right now, and with a big 3922 events on the Augur Github last month — a 38% gain from last month — all signs point to continued development.The past 7 days have also seen over $170,000 wagered on the Augur platform, and its v2 launch is impending. The Augur Blog also provides weekly updates on development for a more granular breakdown.6. CosmosAfter launching a Mainnet iteration, the Tendermint-based blockchain interoperability platform Cosmos holds steady on its impressive recent performance with 3894 commits over the past 30 days, settling into a rhythm after 22% decrease earlier in the month. Cosmos’ iteration of its Cosmos Hub is well underway with the launch of Lunie, its native crypto wallet application.7. 0x0x maintains traction after big jump in its developmental pace recently with 3622 commits, a 38% increase from last month. With over 30 projects utilizing the 0x infrastructure for creating all kinds of decentralized marketplaces to the tune of 700k+ total transactions—and 700 users of its technology over the past 24 hour period—signs suggest that one of the most talented teams in blockchain is making important strides forward.8. GnosisEthereum-focused BUILDing powerhouse Gnosis has done much for the blockchain community already in launching its multifaceted prediction market, DutchX smart contracts, the Gnosis Safe, and the Gnosis Olympia Alpha — all to help create the tools with which others can launch their own marketplaces and redistribute the future. The Gnosis team kept it steady this month with 3538 events on Github, up 27% from the month prior, and enough for a solid 8th place.9. Trust WalletA secure multi-coin wallet for Android and OS devices utilized by many leading organizations around the crypto-sphere, Trust Wallet is also the partner wallet for cryptocurrency exchange Binance. Not even in the top 20 earlier this year, Trust Wallet rocketed up the dev activity charts and has shown few signs of slowing down since then with 3220 commits over the past 30 days—a big 42% jump from the month prior.10. Raiden NetworkSolid work continues on Raiden Network, the well-known off-chain scaling solution that enables near-instant, low-fee and scalable payments. Its Alpha version is stable and currently available for integration into Ethereum projects on Mainnet, and release candidates and more experimental editions are also available to use for the more intrepid developers. With 3130 commits last month—a 28% increase from the month prior—it’s a big return to the Top 20 for Raiden Network.11. MetamaskEveryone’s favorite blockchain browser extension is a cornerstone of the Ethereum ecosystem, and fittingly is always near the top of this list. Now boasting millions of downloads, Metamask’s lithe team is always hard at work improving the Metamask product and launching a mobile edition of its product, and registered 2764 events on Github last month — keeping steady with its big productivity increase in the Summer prior.12. High FidelityHigh Fidelity, the virtual reality platform launched by the founders of seminal virtual world Second Life already hosts virtual events, and is now working feverishly towards EOS integration. The High Fidelity Github housed 2477 events last month, which represents a notable 14% drop from reports last month.13. OmiseGOThailand-based OmiseGO has been focusing on scaling and interoperability on the Ethereum Network since its launch. With MVPs and testnets of scaling solution Plasma already produced, OmiseGO’s varied and substantial developer work resulted in 2362 events on Github this month, representing a big 41% increase in developer activity.14. DecentralandA perennial contributor to the Ethereum ecosystem, Decentraland — a virtual reality world built on open standards — has built a robust platform and an entire universe where participants can create and monetize virtual experiences. Maintaining its position in Top 20, the Decentraland team notched up 2200 events on Github, up a steady 5% from prior reporting.15. SantimentCryptocurrency data dashboard Santiment follows up its return to the Top 20 last month by holding steady on its developmental pace. With over 1200 assets tracked over 50 metrics and counting, Santiment developer activity tracked 1993 events on Github over the past month—albeit at a 19% decrease—on products like SANbase and SANgraph.16. IoTexA blockchain platform for the Internet of Trusted Things, IoTex maintains its position in the Top 20 with development on its IoTex Voting Portal to the tune of 1929 Github events this month. This represents a slight decrease on months prior, but a formidable number after launching its version of Mainnet earlier this year.17. NeufundBerlin-based Neufund is a platform for issuing security tokens on the Ethereum blockchain through ‘Equity Token Offerings,’ and the project’s developmental work often finds its team cracking the Top 20. With 1762 events on its Github last month — up 22% from the month before — its investment platform is currently live with a number of projects in the midst of fundraising.18. SingularityNETSingularityNET, which lets anyone create, share, and monetize AI services at scale, has been pushing forward with the next phase in its development for some time. With its Beta portal live, SingularityNET Studio in production, and an active community built around its developer portal, the project’s ambitious plan for a global AI marketplace is looking more and more like a reality. With 1654 events on the SingularityNET Github last month, this is definitely a project upon which to keep your eyes peeled.19. ChainlinkThe formidable Chainlink project—which aims to connect blockchain networks and real world data and organizations with smart contracts—enters the Top 20 for the first time this year with 1711 events on its Github. This represents a major 61% jump from the month prior, suggesting there are big moves in the near future for this exciting project.20. eSteemDecentralized blogging and communications platform eSteem, the landmark project on the Steem blockchain, makes it back into the Top 20 this month with 1586 events, holding steady from a major jump earlier in the Summer. If they keep up development at this rate, perhaps this list will be published on eSteem in the future!Check out the Top Blockchain Projects for Developer Activity for March, April, May, June, and July 2019.Check out the all the excellent blockchain projects making progress at State of the Dapps…Disclaimer. The views, information, and opinions expressed are solely those by the author above do not necessarily represent the views of Consensys AG. They are meant for informational purposes only, are not intended to serve as a recommendation or investment advice to buy or sell any securities, cryptoassets, or other financial products.Any reference in this article to any person, organization, activity, products, or services does not constitute an endorsement or recommendation of ConsenSys. This article does not constitute legal or other professional advice or services. ConsenSys is a decentralized community with ConsenSys Media being a platform for members to freely express their diverse ideas and perspectives. To learn more about ConsenSys and Ethereum, please visit our website.20 Blockchain Projects With the Most Dev Activity — September, 2019 was originally published in ConsenSys Media on Medium, where people are continuing the conversation by highlighting and responding to this story.
Consensys Media

Inside Cosmos’ Secret Plan To Dominate Crypto Research

Cosmos (ATOM) features heavily in crypto media, but it’s rarely the subject. Google ‘Cosmos crypto’ and you’ll find that the ‘internet of blockchains’ is most often mentioned as an investor or supporter in other blockchain projects. Cosmos developers are working closely with other teams: they are developing ecosystem tools and applications for the scalable payments network Solana, and collaborating with Kava to expand DeFi functionality to other platforms, including Bitcoin (BTC). They’re even helping to build a new smart contract language for Kadena, JPMorgan’s spin-off blockchain. The Point Of Us “We do too many things,” admits Zaki Manian, Director at Tendermint Labs, the for-profit company responsible for developing Cosmos. Speaking to Crypto Briefing in Berlin last month, Manian explained that working and contributing to a diverse range of research projects is basically “the point of us.” Out of the projects he can talk about (there are many still under wraps), Manian hinted at zero-knowledge and SNARKs-related “stuff” as well as funding work on a new programmable privacy algorithm, known as ZEXI. They are also closely collaborating with Protocol Labs and the Ethereum Foundation on Verifiable Delay Functions (VDF) technology, working with Binance on Whole Stack, developing Rust with Oasis Labs, and supporting Keep and Summa’s interconnectivity initiatives. On top of all that, they are also planning to double the size of the engineering teams on their three core projects: Tendermint Core, Cosmos SDK and Inter Blockchain Communication (IBC). That’s a lot of balls in the air, but Manian defended Cosmos’ approach to crypto research as part of a long-term strategy. This is “still a nascent technological space,” he noted, and these initiatives will be the first serious forays into new implementations. “Basically we’re the only live PoS system [he hastily added that Tezos (XTZ) was also live some of the time too], so we end up being highly influential in all of these discussions,” Manian said. By pushing through boundaries, other projects will follow Cosmos’ development and want to collaborate. Collaborations are a win-win situation for Cosmos, says Manian. “Fundamentally, what we want to avoid is ‘not-invented-here’ syndrome.” Rather than siloing information, they can impart and gain knowledge of the systems and methods that work best: improving not only their own platform, but also those of other networks. Iceberg Tactic: Cosmos’ Strategy For Crypto Research Some of Tendermint’s current research projects aren’t directly related to Proof-of-Stake. Again, this is all part of the plan, which Manian refers to as the “iceberg tactic.” By contributing resources into other projects, even if the applicability isn’t immediately obvious, Tendermint can determine whether something could be significant down the line. By being “helpful” at an early stage, whether through introducing researchers to investors or investing themselves, “we get to see the whole iceberg,” Manian explained. They can start implementing the technology long before their competitors and preserve their first-mover advantage. “Our goal is to move $40trn worth of assets on the blockchain,” Manian said. “Blockchain technology as it stands today is inadequate for that purpose.” Relying on a network of peers helps expedite the development process, so they can realize their goals as quickly as possible. Cosmos has so far steered clear of creating digital cash, but in Manian’s view “everything else is just a flavour of Cosmos.” Although their scatter-shot approach to research sounds chaotic, it also provides the project with an all-encompassing overview of development within the blockchain space. “We are a petri-dish for all things Proof-of-Stake,” Manian summarized. By painting themselves as the main platform for experimentation, Cosmos hopes to turn crypto blue-sky thinking into be green-bill money-making.   The post Inside Cosmos’ Secret Plan To Dominate Crypto Research appeared first on Crypto Briefing.
CryptoBriefing

Shanghai International Blockchain Week 2019 unfolds in September

- Including 5th Global Blockchain Summit, bearing witness to a New DecadeSHANGHAI, Sept 2, 2019 - (ACN Newswire) - Shanghai International Blockchain Week 2019, including The Fifth Global Blockchain Summit, will take place this September, with Wanxiang Blockchain Labs again hosting one of the world's most widely recognized blockchain summits, for four consecutive years.It has been a decade since the release of Bitcoin's Whitepaper, during which time the evolution of blockchain technology has been omnipresent, with its performance, scalability, privacy and design remarkably improved. What will happen to the blockchain industry in the next decade?Themed 'Blockchain New Economy: New Decade New Beginning', International Blockchain Week 2019 will consist of:I. Wanxiang Blockchain Hackathon (Sep 14th-15th)Partnered with Karma Automotive, the two-day long hackathon will be a stage for developers around the world to showcase their innovative ideas, exploring blockchain solutions for real-world issues. Winning teams will be rewarded with attractive prizes and the opportunity to speak on Demo Day.II. Demo Day (Sep 16th)Excellent blockchain-oriented projects will be presenting their ideas, progress and development to industry participants, providing a unique opportunity to understand the potential value of blockchain technology. It's also worth noting that the previous Demo Days had witnessed the first major public presence of projects including Tendermint, Qtum, imToken, VeChain. ...Full story available on Benzinga.com
Benzinga

Tendermint based Zebi Public Blockchain (ZPB) now live

Tendermint based Zebi Public Blockchain (ZPB) now live 🟀 CryptoNinjas Zebi, a full-stack core-blockchain company, today announced the official launch of the Zebi Public Blockchain (ZPB). Zebi’s independent blockchain platform allows users to secure and tamper-proof their digital assets. The ZPB provides the network structure that will allow anyone to manage and authenticate their data. ZPB is built on the COSMOS SDK which in-turn is […] Tendermint based Zebi Public Blockchain (ZPB) now live 🟀 CryptoNinjas
CryptoNinjas

20 Blockchain Projects With the Most Dev Activity on Github—July, 2019

Congrats to Status, Storj, 0x, Metamask, MakerDAO, Gnosis, Augur, and Origin Protocol for all the hard work!You can tell a whole lot about the state of a project or application by the amount of activity it has on Github. Projects with lots of action are more likely to be in the midst of BUIDLing and shipping, while a Github that’s populated only by lonesome tumbleweeds is a sign of a project that’s either not moving forward or is so perfect that it doesn’t require any more work — and that is something of a rarity.State of the Dapps does a great job of harvesting data from Github, including commits, pushes, issues, and pull requests from open source projects representing the most notable platforms that support decentralized apps — including Ethereum, EOS, Steem, and xDai. The result is a bird’s eye view of developer activity in the blockchain space.Although this information is by no means a definitive picture of the blockchain ecosystem for countless reasons, the Github data illustrates some interesting trends regarding developer activity in the blockchain space in regards to open source projects. Don’t see your favorite project listed below? Encourage them to make their activity public and published on State of the Dapps (We’re looking at you, Cardano fans!)The month of July showed significant changes in rankings for activity on Github, with projects like Neufund slipping out of the Top 20 after a good showing in the previous month of June and upwards moves from the likes of eSteem and Polymath. July also saw big moves from perennial developmental leaders like Status and Storj. However, Ethereum still dominates the charts from top to bottom, with projects representing EOS, Steem, and Tendermint also maintaining a strong presence.Below are the top 20 projects on State of the Dapps by developer activity over the past 30 days as of August 6, 2019…1. StatusMobile Ethereum OS Status has long been a leader in the blockchain space, and recent activity on Github — with 6666 events in the past 30 days — indicates that the sizable Status team continues to outperform challengers while developing the iOS, Android, and desktop version of the Status app.2. StorjDecentralized cloud storage network Storj is working fast after the launch of the final phase of its alpha — named Beacon—towards Pioneer, the Storj platform beta. The Storj team maintained second position this month with 5633 commits, an impressive figure as usual from one of the most productive teams in all of blockchain.3. AragonBig moves from Aragon this month as the the project jumps nine spots to #3. The Ethereum mainstay has long since stood out for being a well-run operation, and its platform for creating decentralized organizations presents a powerful proposition. Now live on Mainnet, the Aragon team committed 3779 events to Github over the past 30 days, up approximately 73% from the month prior.4. CosmosAfter launching a Mainnet iteration, the Tendermint-based blockchain interoperability platform Cosmos holds steady on its impressive recent performance with 3492 commits over the past 30 days, a 22% decrease from the month prior. Cosmos’ iteration of its Cosmos Hub is well underway with the launch of Lunie, its native crypto wallet application.5. 0x0x notes a big jump in its developmental pace this month with 3268 commits, a 77% increase from last month. With over 30 projects utilizing the 0x infrastructure for creating all kinds of decentralized marketplaces to the tune of 700k+ total transactions, it may be time for one of the most talented teams in blockchain to make some big moves.6. GnosisEthereum-based prediction platform Gnosis has done so much for the blockchain community already in launching its DutchX smart contracts, the Gnosis Safe, and the Gnosis Olympia Alpha — thus creating the tools with which others can launch their own marketplaces. The Gnosis team kept it steady this month with 3211 events on Github, down slightly from the month prior, but still enough for a solid 5th place.7. IoTexA blockchain platform for the internet of things, IoTex rockets up onto the Top 20 for the first time with development on its IoTex Voting Portal to the tune of 3199 Github events in June, a figure almost identical to last month’s ranking.8. Origin ProtocolOrigin Protocol utilizes Ethereum and IPFS to create decentralized marketplaces. The Origin Beta and newfangled mobile app are already live on the Ethereum Mainnet, and you can use it to purchase all sorts of rare, exciting, and sometimes bizarre items like a violin from the 1800s, Ethereum hologram art, and luxury vacation rentals all over the world. With 2966 — a notable jump from last month’s performance — events in the Origin Protocol Github last month, there’s definitely more coming from the Origin team.9. High FidelityHigh Fidelity, the virtual reality platform launched by the founders of seminal virtual world Second Life already hosts virtual events, and is now working feverishly towards EOS integration. The High Fidelity Github housed 2855 events last month, which is down further from its big jump earlier in the year, and drops three places as a result.10. AugurIf you didn’t lay down a crypto wager on the United States winning the Women’s World Cup, do you even blockchain? Augur’s platform of a decentralized oracle and prediction market protocol is one of the most remarkable projects live on the Ethereum Mainnet right now, and with a big 2280 events on the Augur Github last month — holding steady — all signs point to continued development. The Augur Blog also provides weekly updates on development for a more granular breakdown.11. MetamaskEveryone’s favorite blockchain browser extension is a cornerstone of the Ethereum ecosystem, and fittingly is always near the top of this list. Now boasting millions of downloads, Metamask’s lithe team is always hard at work improving the Metamask product and launching a mobile edition of its product, and registered 2600 events on Github last month—a major 42% increase from last month.12. SantimentCryptocurrency data dashboard Santiment follows up its return to the Top 20 last month with another major push. With over 1200 assets tracked over 50 metrics, Santiment developer activity is up a further 42% month-over-month as the SANbase platform goes live.13. Trust WalletA secure multi-coin wallet for Android and OS devices utilized by many leading organizations around the crypto-sphere, Trust Wallet is also the partner wallet for cryptocurrency exchange Binance. Not even in the top 20 earlier this year, Trust Wallet rocketed up the dev activity charts and has shown few signs of slowing down since then with 2169 commits in July.14. OmiseGOThailand-based OmiseGO has been focusing on scaling and interoperability on the Ethereum Network since its launch. With MVPs and testnets of scaling solution Plasma already produced, OmiseGO’s far reaching and substantial developer work resulted in 2130 events on Github last month.15. MakerDAOMakerDAO’s three-pronged approach to decentralized finance includes the Dai stablecoin, collateralized loans via the Maker CDP mechanism, and community governance. Not just one of the most used platforms in Ethereum, in May, MakerDAO’s team was busy at work under the hood, adding 2052 commits to Github over the course of the month.16. BlockscoutPOA Network’s BlockScout is an open-source block explorer tool for the Ethereum ecosystem that lets users search and explore transactions, addresses, and balances on the Ethereum and POA Networks. A new edition to the list, the Blockscout team notched up 1838 events on Github in the month of July.17. eSteemDecentralized blogging and communications platform eSteem, the landmark project on the Steem blockchain, makes it back into the Top 20 after many months. With 1821 events in July, a massive 106% increase from the month prior, we’d recommend downloading the platform and earning for your blogging. If they keep up development at this rate, perhaps this list will be published on eSteem in the future!18. DecentralandA perennial contributor to the Ethereum ecosystem, Decentraland — a virtual reality world built on open standards — has built a robust platform and an entire universe where participants can create and monetize virtual experiences. Returning to the Top 20 this month after a hiatus, the Decentraland team notched up 1706 events on Github this month.19. AelfA decentralized cloud computing network, Aelf notched up 1615 Github events in July. The Singapore-based team recently released its v.0.7 Enterprise Alpha on Amazon Web Services, and its diligently prepared weekly progress reports suggest further product rollouts are in short order.20. PolymathSecurity Token platform Polymath enables projects to launch STO offerings and has long since led the nascent market segment in this regard. With the launch of the project’s Polymesh initiative, there’s been a lot of developmental activity going on under the hood. Last month saw 1604 events on the Polymath Github, a major 98% increase from June.21. GolemGolem’s worldwide supercomputer has been an ever-present in the Ethereum ecosystem, and a leader in both tech and design. With its Beta currently live for download, users can contribute or gain computing power for heavy duty rendering projects. With 1595 commits over the past month, the Golem Network continues its remarkable project with strong upward trajectory.Check out the Top Blockchain Projects for Developer Activity for March, April, May, and June 2019.Check out the all the excellent blockchain projects making progress at State of the Dapps…Disclaimer. The views, information, and opinions expressed are solely those by the author above do not necessarily represent the views of Consensys AG. They are meant for informational purposes only, are not intended to serve as a recommendation or investment advice to buy or sell any securities, cryptoassets, or other financial products.Any reference in this article to any person, organization, activity, products, or services does not constitute an endorsement or recommendation of ConsenSys. This article does not constitute legal or other professional advice or services. ConsenSys is a decentralized community with ConsenSys Media being a platform for members to freely express their diverse ideas and perspectives. To learn more about ConsenSys and Ethereum, please visit our website.20 Blockchain Projects With the Most Dev Activity on Github—July, 2019 was originally published in ConsenSys Media on Medium, where people are continuing the conversation by highlighting and responding to this story.
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🐞💰Opened! IRIS Hub Bug Bounty II Program for New Version Release

IRIS Hub new version v0.15.0 is coming. We invite skilled security researchers across the globe to join us in identifying weaknesses in the technology and preemptively detect and fix bugs/edge cases. The new version includes features and enhancements such as Asset Management, Random Number Generator, Multi-Signature Account & Tx, Keystore File, Tendermint Upgrade, etc.You can check the following link to see details: https://github.com/irisnet/irishub/blob/release0.15/CHANGELOG.md To make sure the new release come with no major bugs or security vulnerabilities, we are launching the IRISnet Bug Bounty II Program as a part of v0.15.0 upgrade preparation. Period 16:00, 28 July, 2019 UTC ~ 16:00, 15 Aug, 2019 UTC Rules & Rewards Bounty rewards are based on many factors including impact, risk, likelihood of exploitation, and report quality. Rewards for bugs will be classified into these categories for payout: · Critical — $1,500 and up · Medium — $500 and up · Low — up to $200 · All program rewards will be paid in equivalent IRIS tokens and the amount of IRIS tokens will be calculated using the CMC price at time of payment. IRISnet core dev team will evaluate each bug report and will be responsible for rating the severity of each bug submitted. We will give you reward according to the severity of a bug and the quality of a report. If we receive duplicate bug reports, we will award a bounty to the first person who reports the issue. Bug Categories (by level of severity): · Critical: Stealing and arbitrarily minting or distributing tokens/destroying consensus and halting the block producing/breaking the on-chain governance and software upgrade process/memory leakage and unusual resource consumption. · Medium: Unexpected behavior under corner cases/illegal Tx being successfully executed/unexpected action after legal Tx being successfully executed/single machine failure with no effect on the consensus. · Low: Defect of API (LCD) and CLI/failure of none Tx query command/failure of iris or iristool (sub-)commands. To be eligible for a reward under this program: · The voting power of Byzantine nodes cannot exceed 1/3 of the total. · Server should run 64-bit Linux system with 4G and above storage. · The security bug must not be a known bug/issue in Cosmos-SDK or Tendermint. · The security bug must not be a known issue as has been documented in GitHub before the bug is reported. · The security bug can be reproduced in the release0.15 branch. · The security bug should not be located in test code. · The report should include clear reproducible steps and a certain probability of recurring (docker-compose configuration, log files, shell.sh, etc. should be provided). · You must not have written the buggy code or otherwise been involved in contributing the buggy code to the IRISnet project. Program Scope: At present, the following IRISnet repositories are In Scope and thus eligible for the bounty (note some sub-packages and files are not in-scope): irisnet/irishub In scope:the release 0.15 branch under github.com/irisnet/irishub Not in scope: · github.com/irisnet/irishub/docs · github.com/irisnet/irishub/scripts · github.com/irisnet/irishub/tests · github.com/irisnet/irishub/tools · github.com/irisnet/irishub/**/mock irisnet/tendermint · In scope:the master branch under github.com/irisnet/tendermint Investigating and Reporting Bugs If you have found a vulnerability, please submit a report to irisnet-bugs@bianjie.ai. We’ll evaluate your reports in the order they are received and send an email response to each reporter with severity rating and reward information, within 5 business days. Safe Harbor IRIS Foundation comply with national laws and regulations and reserve the rights of the final interpretation of the IRISnet Bug Bounty Program rules and rewards. Any activities conducted in a manner consistent with this policy will be considered authorized conduct and we will not initiate legal action against you. If legal action is initiated by a third party against you in connection with activities conducted under this policy, we will take steps to make it known that your actions were conducted in compliance with this policy. Join Our Community · Follow @irisnetwork on Twitter:https://twitter.com/irisnetwork · Join our Telegram channel:https://t.me/irisnetwork · Follow us on Medium:https://medium.com/irisnet-blog · Contact us through Email:contact@irisnet.org · join our Wechat group: irisnetwork2018 · Follow us on Weibo: https://www.weibo.com/u/6455513027 Developer Channel · Join our QQ group:834063323 · Join our Riot Room:https://riot.im/app/#/room/#iris:matrix.org · GitHub:https://github.com/irisnet · Official forum:https://forum.irisnet.org/
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Bank of Canada Exploring Possibility of Launching a Digital Currency

Bank of Canada, the Canadian central bank, is exploring the possibility of launching a digital currency that would replace cash and track how people spend their money. The aim of the proposed currency would be to mitigate the “direct threat” posed by cryptocurrencies to the economic sovereignty of governments and central banks, an issue that has featured prominently in the headlines recently amidst intense regulatory pushback on Facebook’s proposed coin, Libra. The proposal was pitched to Stephen Poloz, Governor of the Bank of Canada, and its board of directors in a presentation entitled “Central Bank Money: ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
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Bermuda Kicks Off Natural Blockchain I.D System Development With Shyft Network

Bermuda's blockchain identification system recently kicked off. This project is currently under development with the main partners being Perseid and Shyft Networks. The blockchain i.d ecosystem is set to leverage decentralization in keeping records for the citizens of Bermuda. This small Island nation joins Catalonia who is also creating a digital ledger for i.d record […]
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Brave Blockchain and Privacy Browser Scores 8 Million Active Monthly Users

Blockchain-powered privacy web browser, Brave, has just announced in an official blog post that the browser now has 8 million active users who use it monthly and a daily user mark of 2.8 million. The platform’s growth has been quite commendable and is slowly increasing in popularity, gearing up its head to compete with other bigger browsers. The Brave platform now also has 290,000 Brave Verified Publishers, who earn Brave’s Basic Attention Tokens (BAT) as payments for the content they produce and make available. Of this number, the announcement states that 15,000 are Twitch streamers with 33,000 website publishers and creators and a whopping 200,000 content creators on YouTube. Two months ago, Brave began allowing Twitter users to tip other accounts that post interesting content, using BAT. Since inception, 28,000 users have now signed up for this service and are free to tip and receive as well. The Brave team is heavily focused on putting control in the hands of content creators and eliminating the middlemen as much as possible. For a long time, major ad services companies like Google and Facebook, have not only been profiting too much off users’ contents but seem to unnecessarily tracking ad and user activity. Since the Brave platform is powered by blockchain technology, there is little to no chance that there will be any unnecessary tracking. Brave also incentivizes its users to watch ads on the platform and pays these viewers in BAT. The Brave Ads platform is an opt-in service that was officially launched back in April and according to design, users are paid 70% of revenue from the ads just for viewing them. Today, there have been 385 successful campaigns on the platform. Furthermore, Brave also reports that its platform engagement has hit an impressive 14% click-through rate, much higher than the industry average of 2%. The post Brave Blockchain and Privacy Browser Scores 8 Million Active Monthly Users appeared first on ZyCrypto.
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Privacy-focused Brave browser boasts 8M monthly active users

Privacy-focused internet browser Brave has hit 8 million-mark in terms of monthly active users. Announcing the news on Wednesday, Brave said daily active users, on the other hand, have surpassed the 2.8 million mark. The browser, with opt-in blockchain functionality, also compensates content creators, users and advertisers in its native Basic Attention Token (BAT) for viewing online ads. Brave said it has delivered nearly 400 ad campaigns to date. The browser maker further said that it now has over 290,000 verified publishers - 200,000 of those are YouTube creators, 33,000 website publishers, 15,000 Twitch streamers and 28,000 are Twitter accounts. Brave also offers a cryptocurrency wallet for ether (ETH), ERC-20 tokens and collectibles, including BAT.
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