Day: January 29, 2020

A recent poll revealed community support for Zcash mining reward changes, which will take effect in November 2020.  With the Zcash Founder’s Reward terminating in November, the privacy asset’s mining situation has come into question, a blog post from one of the project’s supporters, Electric Coin Company, or ECC, said on Jan. 28.  Community votes in new specs Using a bevy of avenues, including Telegram and Twitter, the Zcash foundation questioned the coin’s community on mining payouts going forward, the blog post read.  Taking effect in November during the coin’s…

In a Jan. 27 post, Dragonfly Research proclaimed Plasma to be dead, noting that the Ethereum (ETH) community is converging on Optimistic Rollup, despite initial enthusiasm. The news comes in stark contrast to earlier claims by Plasma Group arguing that the technology was moving into production phase. The history of Plasma The original paper detailing the Plasma proposal was published in August 2017. In essence, Plasma was conceived as a network of sidechains attached to the main Ethereum blockchain. They would have allowed offloading of the majority of the transactional…

Former Google executive Surojit Chatterjee has joined Coinbase as the company’s new chief product officer.  Before joining Coinbase, Chatterjee worked as a Google’s vice president of product, tallying 11 years at the internet company, Coinbase CEO Brian Armstrong wrote in a Jan. 29 blog post announcing the hire.  An experienced hire During his time at Google, Chatterjee headed up the internet giant’s shopping branch. Prior to Google, Chatterjee served at the helm of Indian e-commerce venue Flipkart as its head of product, the blog post detailed.  “Surojit’s 11 years at…

Blockchain technology is an important tool in addressing the data protection crisis, Cambridge Analytica whistleblower Brittany Kaiser believes. Kaiser, a former business development director at controversial British data analytics firm Cambridge Analytica, has discussed global data privacy issues in an interview with Cointelegraph on Jan. 23. Currently serving as co-founder at digital intelligence startup Own Your Data Foundation, Kaiser first came into the spotlight during the Cambridge Analytica scandal, which revealed that the firm had collected raw data from up to 87 million Facebook profiles for the Trump campaign. Speaking…

British telecom giant Vodafone is the latest firm to pull out of the Libra Association, the non-profit body overseeing the Facebook-led digital coin, bringing the total number of early backers to withdraw from the project to eight. Vodafone Walks Away Both Vodafone and Libra confirmed the news last week with the departure appearing to be amicable, despite several high profile withdrawals last year coming across as less than friendly. The telecom company now says it intends to dedicate resources previously allocated for the project to its own well-established digital payment…

Controversial computer scientist Craig Wright claims to know exactly who was behind the spectacular Bitcoin SV pump of early January. Wright says the interest in the market was indeed organic but is unwilling to go into specifics. Wright also believes that the patents filled by nChain will position the company well to take advantage of central bank and private efforts to create stablecoins. He says that when those behind such projects realise the challenges, it will make sense for them to use Bitcoin SV. Wright Knows Exactly What Caused the…