February 6

The researchers and developers behind Eth 2.0 conduct their third Reddit AMA. Highly recommended read!

See Also: EIP 1559 Incoming (Video)

“Lightning Labs has raised $10 million in Series A financing as it gears up to launch its first paid service for merchants looking to accept bitcoin payments. As of today the company is offering a paid service called Lightning Loop. 

Loop aims to help merchants manage their payment channels more effectively. Lightning payment channels need to have bitcoin in them in order to stay open, which is a problem for those who actually use these channels without a perfectly balanced in-and-out flow. 

This service, which will charge a small percentage of each full loop, helps merchants and exchanges maintain liquidity in the channels. Beyond Loop, Stark said her startup will focus on options for larger payment channels in 2020.”

See Also: Samsung and Salesforce invest in Digital Asset
See Also: Sony VC Fund Joins ‘Over $14M’ Funding Round for Digital Asset Platform Securitize
See Also: Pantera, Square Join $14M Series A for Real-Time Payments Startup Transparent

A new white paper details the block validation process for its blockchain, describing it as a Byzantine Fault Tolerant protocol custom-built for proof-of-stake networks. Catchain is a Practical Byzantine Fault Tolerance (PBFT) partly similar to those used by Tendermint (Cosmos), Algorand, Ouroboros and Casper.

The paper was previously planned for release in October, when the network was originally scheduled to go live, until the SEC’s litigation disrupted the process.”

“With the launch of the Bakkt app, we will, for the first time, offer consumers a robust platform to consolidate and use all of their digital assets, from crypto to loyalty points to in game tokens, in one user-friendly wallet.

Bakkt announced it was targeting a launch date in the first half of 2020.