“The consensus is that [China’s] token will be a private blockchain, a peer-to-peer network for sharing information and validating transactions, with the People’s Bank of China in control of who gets to participate.
It may start small, but the digital yuan can disrupt both traditional banking and the post-Bretton Woods system of floating exchange rates that the world has lived with since 1973.
These are early days, but if blockchain technology shows promise in handling a large number of transactions simultaneously, then digital currencies could become substitutes not just for physical cash but also for bank reserves.
As Harvard University economist Kenneth Rogoff notes, technology ‘is on the verge of disrupting America’s ability to leverage faith in its currency to pursue its broader national interests.’
A roller-coaster decade — not just for for banking and money but also for privacy and politics — may just be beginning.”
“DLive, which is currently built on the Lino blockchain, will migrate to the TRON blockchain as a result of the collaboration. TRON acquired BitTorrent in July 2018.
While the Lino blockchain technical infrastructure will be integrated into BitTorrent, the LINO coin cryptocurrency used by DLive to pay content creators will no longer be the fundamental unit of value in the new ecosystem.
DLive will also use BitTorrent’s new service for file storage, known as the BitTorrent Filesharing System (BTFS). The BTFS network will launch in Q1 of 2020.
As long as they use the BTFS network, it will be impossible to delete content, as everything is distributed across BitTorrent users’ computers globally.”
“The proposed ETF aims to track and reflect the performance of Shenzhen-listed public stocks that have businesses in the blockchain industry.
If the application received final approval by the CSRC it would be the country’s first completely blockchain-themed ETF open to public investors.”
“Cryptocurrency exchange Poloniex has forced a password reset for all customers due to a leaked list of email addresses and passwords on Twitter.
While almost all of the [leaked] email addresses listed do not belong to Poloniex accounts, we are forcing a password reset on any email addresses that do have an account with us.”
“Griffith is now slated be released to his parent’s Tuscaloosa home under a $1 million bond.
We are very pleased the district judge sided with us and ordered Virgil to be released pending trial.”