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Facebook Acqui-Hires Team from Blockchain Platform Startup Chainspace
Facebook
acquired its first company in the blockchain space, smart contract
protocol development and research firm Chainspace. The move was likely
made to acquire the company’s team of experienced crypto developers.
Chainspace is an 11-person company that was started by five
well-credentialed co-founders, including two Cambridge PhDs, several
researchers from the University College of London, and part of the core
group of people from Vega Protocol—a blockchain public network for
trading financial product.
The acquisition by Facebook was likely a buyout for the company’s team, a
strategy known as acqui-hiring. According to Cheddar’s sources, the
move was done to augment Facebook’s growing blockchain division.
Facebook did not disclose the amount paid for the acquisition, although Cheddar reportedthat Chainspace was in the process of raising an initial funding round of less than $4 million.
The move is part of Facebook’s discrete plans to implement blockchain
into its social media platform, including plans to launch a native
cryptocurrency. Facebook veteran David Marcus, the former president of
PayPal, was appointed last April to lead the initiative.
February 4, 2019 by Mitchell Moos
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A Technical Breakdown Of Google's New Blockchain Search Tools
Google is now in the blockchain search business. Less than a day after Forbes broke
the story that the internet search giant would be launching a suite of
tools built by, and for, open source developers, those tools are live.
In addition to loading data sets for all the transactions and metadata
in eight cryptocurrencies, including bitcoin and ethereum, Google Cloud
developer advocate Allen Day and his team of open source developers from
around the world are launching a number of tools designed to do to
blockchain, what Google search did to the internet.
“I'm very interested to quantify what's happening so that we can see
where the real legitimate use cases are for blockchain,” said Day, who
manages the cloud portion of the project. "So people can acknowledge
that and then we can move to the next use case and develop out what
these technologies are really appropriate for.”
Last year Day and lead developer Evgeny Medvedev discreetly loaded
transaction data for the bitcoin and ethereum blockchains, along with
some basic search tools, to Google's BigQuery data analytics platform
and have been studying how developers are using the software. As of
today, they're taking what they've learned and making data sets
available for bitcoin cash, ethereum classic, litecoin, zcash, dogecoin
and dash, along with an expanded suite of search tools.
Dubbed Blockchain ETL (extract, transform, load), the software, which
was created by independent developer Medvedev with support from the rest
the team, includes features such as integration with Google’s BigQuery
ML (machine learning) tool, which was launched into a test, or “beta”
version last year. By searching for patterns in transaction flows, the
machine learning integration will automatically give the user basic
information about how a cryptocurrency address is being used.
February 5, 2019 by Michael del Castillo
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https://www.forbes.com/sites/michaeldelcastillo/2019/02/05/google-launches-search-for-bitcoin-ethereum-bitcoin-cash-dash-dogecoin-ethereum-classic-litecoin-and-zcash/#2fa23d7ec789
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Blockchain.com Launches New Bitcoin
Cash Block Explorer
Wallet
provider Blockchain.com has started offering a new tool for users to
peer into the inner workings of their cryptocurrency. The company has
launched a Bitcoin Cash (BCH) block explorer that allows people to
search for transaction hashes, blocks and addresses on the BCH
blockchain.
New BCH Blockchain Explorer
Blockchain.com, the popular cryptocurrency wallet provider, has
announced the launch of a new Bitcoin Cash (BCH) block explorer. The
company explained, for the benefit of individuals who may be unfamiliar
with the concept, that they can think about the tool as a browser for
the blockchain. It allows users to search for detailed information on
specific BCH blocks, check whether a transaction has confirmed, view the
balance of a wallet address, monitor market prices, and even watch
real-time network transactions.
As more cryptocurrencies develop and grow, providing direct access and
insight across networks is crucial. Blockchain Explorer is the most
trusted source for blockchain data. Our focus has always been on
providing the most up to date and accurate information available,” the
Blockchain.com team stated on Feb. 4. “Today, we’re excited to introduce
Bitcoin Cash to the existing lineup of supported cryptocurrencies on
our Explorer. You can now search for BTC/ETH/BCH transaction hashes,
blocks and addresses in a single search bar.”
Why Bitcoin Cash?
The BCH tool is only the third block explorer supported by
Blockchain.com after Bitcoin Core (BTC) and Ethereum (ETH). When the
company launched another service last month the team mentioned that it
has received more questions about bitcoin cash recently than any other
crypto asset supported by the Blockchain Wallet.
In January the company launched an educational tool called Blockchain
Primers. The service is intended to provide a relatively concise
overview of each crypto asset including background material, the latest
market data and analysis. The first report issued on it was an
introduction to BCH, whose advantages over BTC, according to the
research, include greater maximum onchain transaction
capacity/throughput, lower average transaction fees, and additional
smart contract functionality.
February 5, 2019 by Avi Mizrahi
READ FULL ARTICLE
https://news.bitcoin.com/blockchain-com-launches-new-bitcoin-cash-block-explorer/
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Only 3 of the top 50 blockchain apps are
running on Ethereum
Believe
it or not, only three of the top 50 decentralized apps (dapps) are
running on the Ethereum blockchain, according to data from DappRadar. Instead, developers seem to be largely relying on competing platforms like EOS and TRON.
From the remaining 47 most active dapps, 26 are based on EOS and 21 on
TRON. Interestingly, gambling dapps account for the majority of the
activity on both networks.
Among other things, the main reason for the decline in dapp activity on
Ethereum is the scaling bottlenecks the platform has been facing.
Ethereum’s scaling woes Ethereum, which was initially conceived as a
platform for decentralized apps, has notoriously been dealing with
scaling issues for some time now. Indeed, last year its co-founder
Vitalik Buterin conceded that until the platform has a safe scaling
mechanism in place, developers shouldn’t expect to run high-throughput
apps on Ethereum.
That said, Ethereum’s builder community has been working on possible
scaling solutions for a while, but none of the propositions put forward
seem to be production-ready at present.
But in the meantime, EOS and TRON have claimed the lion’s share of the
dapp market, which is still struggling to pick up steam among mainstream
audiences.
Currently, EOS and TRON are responsible for 94 percent of all monetary
value transacted across all dapps, leaving Ethereum with a measly
6-percent chunk, according to data from blockchain research unit Diar.
It’s all about transaction capacity DappRadar, which once used to
exclusively track app activity on the Ethereum network, recently
introduced monitoring tools for EOS and TRON. Since then, apps running
on those two platforms have steadily dominated DappRadar’s activity
charts.
February 7, 2019
READ FULL ARTICLE
https://thenextweb.com/hardfork/2019/02/07/ethereum-tron-eos-blockchain-apps/
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Digital Isle of Man Launches Blockchain
Office and Sandbox
Digital
Isle of Man has announced the formation of a Blockchain Office and the
launch of an Isle of Man Sandbox, established to guide blockchain
businesses through current (and future) regulatory landscapes, with
expert-led assistance and support.
These
initiatives form part of a major new commitment for the Isle of Man to
become an international hub for blockchain businesses, providing a fully
supportive and collaborative environment. The Island welcomes
innovative technology, and will not regulate blockchain in isolation,
giving businesses the flexibility to best use this emerging and
transformative technology.
Launch of Isle of Man Blockchain Office
Digital Isle of Man will create a Blockchain Office, a unique hub that is dedicated to growing the blockchain sector.
The primary function of the Office will be to facilitate a dialogue
between businesses and regulators, and to help blockchain platforms
design and future-proof their concepts in accordance with relevant
legislation and regulation.
The Office will also provide expertise, guidance, and marketing support,
as well as facilitate and encourage collaboration between companies.
Launch of the Isle of Man Blockchain Sandbox
Through the Blockchain Office, businesses will be able to apply to participate in the Isle of Man Blockchain Sandbox.
Applications for the Sandbox will be open from March 2019, with the
office fully functional in the spring. Early participants will not be
charged fees for the facility, which will provide them with access to an
environment where they can develop and test blockchain platforms.
The sandbox will benefit from the expertise garnered from future
participation in other international forums and sandboxes that encourage
cross-border testing.
A robust selection process will also ensure that all participants are of
the highest quality, as the Island seeks to create a ‘centre of
excellence’ ecosystem.
Lyle Wraxall, CEO of Digital Isle of Man commented:
‘With the launch of the Blockchain Office and Sandbox, the Isle of Man
is making a firm commitment to be a fully supportive jurisdiction for
the blockchain industry. We are looking to attract premium blockchain
businesses and the world’s top exchanges to the Island, and we will be
creating new tech-agnostic regulation inspired by best practice that
we’ve seen from other high-quality jurisdictions around the world.’
February 5, 2019 by thefintechtimes
READ FULL ARTICLE
https://thefintechtimes.com/digital-isle-of-man-blockchain-office/
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About STARBIT
Starbit
aims at spreading theoretical - practical knowledge among ordinary
people, without being an expert or willing to become an expert. Starbit
is aware of the impact that blockchain and crypto currencies will have
on people's lives: for this reason it promotes a mass literacy.
Starbit
selects everything needed for a person to be informed and about
blockchain technologies and various applications, making it easier, in a
progressive manner, accessible to all, thus saving time and resources
to anyone interested in this area. The goal is to offer various degrees
of knowledge (first level is free as Club Member and the others included
in the products purchasable by customers) to those who are interested
in playing an acting rule. Starbit also offers an opportunity to those
who want to transform all this in a work from home opportunity.
DISCLAIMER
Registration
to the Club is totally free and gives access to the basic information
on Blockchain and its applications on the market, the most important of
which is constituted by the so-called crypto currencies. At the Club
members who are interested in having a more complete knowledge and
information is also offered the possibility (it is an option, not an
obligation) to buy upgradable services or applications (the acquisition
of knowledge is a fact known to be progressive over time).
Any
coins (when free attributed by third parties) that may result
gradually, will of course be the exclusive property of the customer and
should not be considered in any relationship the servicies or
applications purchased.
For
maximum clarity applies the following example: if a person acquires an
organic farming course that includes in addition to the theory, also a
practical detection of cultivation of an organic garden (like was done
by Michelle Obama at the White House), any products (carrots, tomatoes,
peas, etc.) that will enrich his table, will obviously be of full
ownership of those who have grown the organic garden and will not of
course no relation to the person who sold the course, even if he has
supplied the equipment for the practical test, such as seeds, tools,
pots, fertilizers, various preparations, etc.
Subscribers
to the Club have the power to start the business, if authorized and in
acceptance of all the terms and conditions for the Promoter, explained
in the Promoter Agreement and in the Policies and Procedures. They
should not incur any fees and never any obligation to buy anything. If
as a result of the promotion done, some new Club member, decide to buy a
package Information, the Promoter will receive a commercial fee as
provided by the terms and conditions above mentioned. It is not
authorized anyone to provide news other than those listed here and on
the official website, to promise false gains and / or try to push the
purchase of the products, which must instead be the result of personal
conviction. In particular, it must never be made no reference to any
kind of investment if not purely cultural nature. This Club is fully
committed to compliance with the laws of the countries in which it
operates. It's also open to collaboration with those who help him to
improve.For each queries or suggestions please contact via the official
website. For questions please contact support@starbit.com
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