reliance

Ethereum 2.0 Testnet Performing Well, 1 Million ‘ETH’ Staked

Source Node: https://beincrypto.com/ethereum-2-0-testnet-performing-well-1-million-eth-staked/
Time Stamp: August 10, 2020 3:10 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

It’s been almost a week since the launch of the ETH 2.0 final public testnet, which has been performing as intended by most accounts. As many as one million ETH have been staked on the Beacon Chain simulation, reviving hopes of a mainnet launch later this year. The Medalla ETH 2.0 testnet has been running for six days which has given developers a chance to monitor early progress. Launched on Aug 4, Medalla is the fifth and final testnet for the long-awaited upgrade to an Ethereum proof-of-stake consensus. Phase 0

Mobile DeFi and the Shift Toward Self-Sovereignty

Source Node: https://cointelegraph.com/news/mobile-defi-and-the-shift-toward-self-sovereignty
Time Stamp: August 8, 2020 1:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Many speculate that mainstream adoption of cryptocurrency is dependent solely on improving ease of access and user experience. In reality, there’s an even bigger obstacle: a mentality shift. Self-sovereignty and personal autonomy are the endgame of this technology, and with that goal comes a significant increase in personal responsibility for one’s funds. This is totally at odds with people’s traditional financial experience so far; the legacy system takes away your autonomy and replaces it with convenience, offering useful tools related to fraud protection and password management. By comparison, cryptocurrencies, decentralized finance

Interchain Data Hosting Project Combines Edge Computing With DLT

Source Node: https://cointelegraph.com/news/interchain-data-hosting-project-combines-edge-computing-with-dlt
Time Stamp: April 9, 2020 6:01 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Interchain decentralized data hosting project Bluzelle (BLZ) announced the launch of its mainnet which aims to combine the advantages of edge computing with distributed ledger technology (DLT).According to an announcement shared with Cointelegraph on April 9, Bluezelle will host a network stress test dubbed “Swarm of Duty” which will be incentivized with $30,000 worth of tokens for developers, token holders and validators. The company says that this test is “the last step before Bluzelle’s mainnet launches” and is meant to ensure that the network can manage real-world usage.Bluzelle’s team claims that

In Legal Battle With US SEC, Telegram Sees New Support From Trade Association

Source Node: https://cointelegraph.com/news/in-legal-battle-with-us-sec-telegram-sees-new-support-from-trade-association
Time Stamp: April 5, 2020 6:18 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Blockchain Association, a major United States-based trade association in the crypto sphere, has filed a new brief in support of Telegram amid the firm’s continuing legal battle with the Securities and Exchange Commision (SEC).The amicus brief and the SEC’s lack of clarityThe April 3 brief takes the SEC to task for backtracking on its own guidance for legally distributing digital assets. Referring to the inconsistency that issuers of digital assets must cope with when dealing with the SEC, the brief says that “No settled precedent or agency rulemaking addressed whether