December 28

Great read.

“Ethereum’s ambition is to be world-changing. It has to be global, distributed, inclusive and empowering. Unless our development process is equally global, distributed, inclusive and empowering, then Conway’s law – that systems reflect the structures of the organizations that design them – says we’re going to fail. To an extent, our approach resembles that of Linux, which has come to dominate much of the world’s computing.

Ethereum’s superpower is the engagement this approach inspires. The sense of a shared endeavor draws in brilliant people who we might never otherwise have found. No fewer than eight independent client teams have delivered working Proof of Stake implementations.

The real proof of our open, organic development approach will come in the first months of 2020. We are on track to go live with ethereum 2.0’s beacon chain, and the transition from Proof-of-Work to Proof-of-Stake will be officially underway.

I can’t offer you a detailed roadmap. But the brilliance and energy of our ever-growing community makes me confident that by early 2021 we will have a platform fit for one million devs.”


“MetaMask stated that its Android client was suspended “in the last week” with Google citing its policy of banning mobile mining apps from its app store. MetaMask, as an Ethereum application browser, however, does not offer mining activities.

It’s unclear whether the reviewer doesn’t understand the policy, or whether they are enforcing an unwritten policy.”


More crypto-related content is being re-enabled on YouTube after several days of unilateral deletions and non-communication from the video giant.

This was an error on our side during the review process – your video should be reinstated and strikes resolved.

Although crypto-related content is being reinstated, many YouTubers have expressed interest in moving to blockchain-based social media platforms to share content. While content is reinstated, trust is lost.

The biggest thing I have learnt as a Youtuber is to not trust Youtube.”

See Also: YouTube Crypto-Related Content Not Fully Restored, YouTubers Say “Nothing Has Changed”
See Also: YouTube Calls Crypto Purge a Mistake But Many Videos Still Missing
See Also: What’s Next For YouTubers Impacted By Crypto-Related Content Ban?


“Bankers insisted that “Sand Dollar” is a “digital fiat currency” – not a cryptocurrency, stablecoin or competitor to the Bahamian Dollar. Instead, it is simply a digital version ‘equivalent in every respect to the paper currency.’

But it is also a step toward the Bahamas’ long-term goal of launching a fully-fledged central bank digital currency (CBDC). Also called the sand dollar, that larger project would link domestic residents and businesses across a seamless digital payment infrastructure.”

See Also: South Korean Central Bank to Organize a CBDC Task Force
See Also: Russia’s Central Bank Is Now Testing Real Asset-Pegged Stablecoins


Verified users were apparently asked to share information on the source of — and use of — funds, along with proof of residential address.

It is uncertain whether this latest tightening of KYC procedures has been spurred by any particular event. However, the company has been subject to an ongoing investigation by the New York Attorney General since April.”


“The upcoming Ethereum Classic (ETC) Agharta hard fork will include features of the Ethereum (ETH) Constantinople fork and intends to make ETC fully compatible with Ethereum.

This update is a signal that we want to be compatible with Ethereum. We believe in the success of public blockchains, because they are built on the strength of the community.”


“Ethereum Foundation researcher Virgil Griffith has reportedly been denied bail in New York. Currently detained, Griffith is appealing the action. 

Griffith allegedly disowned his status as an American national via text messages to family members, according to texts quoted by the U.S. Attorney’s office. Griffith’s texts also allegedly included intent to facilitate money laundering activities in North Korea.”


“Chinese mining application-specific integrated circuit (ASIC) manufacturer Canaan will launch new, improved mining machines with 5-nanometer chips in Q1 2020. The new firm’s 5nm manufacturing process is expected to improve performance, power and area scaling.

Canaan is one of the few cryptocurrency-related companies that managed to go public with a $90 million Initial Public Offering (IPO) held in November. As Cointelegraph recently reported, the firm’s shares have seen a 40 percent drop in value since the IPO.”