Industry News

ConsenSys Founder Joseph Lubin Speaks About Ethereum at SXSW 2019

On Thursday, March 14, Joseph Lubin, founder of Ethereum and the founder of ConsenSys, presented his thoughts on a wide range of topics at the SXSW 2019 Conference in Austin, Texas.

Joe commented during an interview with Manoush Zomorodi, the co-founder of Stable Genius Productions (which produced ZigZag, a popular blockchain-oriented podcast).

Here are some of the main features of this interview:

In early 2011, Joe read Satoshi Nakamoto's Bitcoin white paper (white Bitcoin: Peer-to-peer Electronic Money System Joe).

Before establishing Consensys, Joe was fortunate enough to meet Vitalik Buterin, who invented 'Ethereum' a month after Vitalik wrote the first version of his Ethereum white paper.

Joe then spent about a year helping the Ethereum platform to be ready for public disclosure. Shortly before this event, Joe decided to launch ConsensSys because S there were not many people in the application layer. Bu

The ConsenSys team started by trying to create decentralized practices (DApps) for Ethereum, but since there were no developer tools for Ethereum, ConsenSys produced a variety of developer tools for Ethereum and thus opened the um this ecosystem Cons.

ConsenSys tries to be as centralized as possible in the organizational structure (trying to get as far away from hierarchies as possible). To help with this, the tools they have created (as part of the un Future of Work ası project) are called SOBOL, which Joe tweeted on November 2, 2018:

Civil (CVL) token launch is te the most successful unsuccessful token launch in history Civil. It was about ınd 10 times more participation kat than the kat financially successful kat token launches made by ConsenSys. There are about 1.5 million coins. Civil platform for sustainable ethical journalism is currently gaz open for business Sür.

ConsenSys plans to launch around four or five token this year. All of these will be auxiliary tokens.

”Our ecosystem currently has more activities than a year or 18 months ago, Joe Joe said.

Üyor Ethereum can trade between 14 and 27 transactions per second. Ere He sees Joe Ethereum as the arasında base of trust işlem (layer 1).

Layer 2 is the scalability layer. He predicts that some layer 2 solutions for Ethereum will be able to make one million transactions per second at the end of 2019.

Ethereum 2.0 is 18-24 months away.

Moving Ethereum to PoS means there will be little use of electricity and no special hardware needed to operate a node (a normal laptop should be in good condition).

An example of a crypto project that Joe is hopeless about is not the ConsenSys, but MakerDAO.

Related Topics:consensys crypto cryptocurrency cryptocurrencynews dapper ETH I Etherea Joseph Lubin crypto cryptocurrency the kriptoparahaber heading SXSW

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SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph

Blockchain News

Visa Launches Global Cross-Border Payment Network for Some Aspects of Blockchain

Visa, Blockchain'in Bazı Yönlerine Yönelik Global Sınır Ötesi Ağı Başlattı

Visa, the US payment giant, has launched a cross-border payment network derived from some aspects of Blockchain technology.

“Visa B2B Connect” The network is designed to facilitate international exchanges by global financial institutions, enabling direct interbank payments between businesses.

Visa's Global Cross-Border Payment Network

According to the report, the network already includes 30 trade channels worldwide to enable faster and cheaper cross-border payments and is expected to expand to 90 markets by the end of 2019.

Visa B2B Connect includes elements of the open source distributed accounting technology (DLT) Hyperledger, which was developed in part by a group led by the Linux Foundation. blockchain technology.

Kevin Phalen, managing director of Visa Business Solutions, reported in particular that some aspects of blockchain technology are used because of the ability to transfer more data on a payment than any existing payment system.

The network is a collaboration with e-payment operator Bottomline Technologies and fintech, FIS, as well as collaboration with the world-class IBM. It was reported that Visa initially worked with a cryptographic notebook systems manufacturer to improve the product.

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Source: Cointelegraph