| Sunday, December 9, 2018 |
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Conflux has raised $35M from Sequoia China to develop a scalable blockchain; the company claims to overcome a key limitation of existing blockchain technology, specifically with Bitcoin; the main problem with Bitcoin scaling is propagating faster transactions without compromising on decentralization, mainly for fear of miner centralization - Link
South Korean cryptocurrency exchange Bithumb has beta launched a public voting system, PickThumb, to screen new coins to be listed on its exchange; there are 5 projects currently on the platform with a total of 41,778 voters and a total of 94,983 votes; the five projects are Rom, Amo Blockchain, Ttcprotocol, Olivecoinole, and Contentos - Link
Zcash core dev team has released Update 2.0.2 adding support Sapling; Sapling is a network upgrade that introduces significant efficiency improvements for shielded transactions that would enable more mobile, merchant, and exchange transaction; the updates enable nodes to generate Sapling shielded addresses, stops transactions that do not make it to 3 block confirmations, and enables new signing keys for nodes - Link
South Korean blockchain startup, Presto, will file a constitutional appeal over the county’s ban on Initial Coin Offerings (ICOs), Sedaily reports ; Presto provides solutions to development teams from website building to token issuing; the startup was reportedly trying to run a Decentralized Autonomous Organization-based Initial Coin Offering (DAICO) in South Korea for the first time - Link
Technology giant ASUS is introducing a new software patch that is included in its hardware that allows gamers to mine crypto while they are not gaming on their PCs; the company partnered with Quantumcloud to develop the mining software; details about which cryptocurrencies will be available to mine are no mentioned in the announcement; a recent report from Research&Markets.com has pinpointed crypto and blockchain as top trends in the MMO industry - Link
South Korean cryptocurrency exchange Bithumb has beta launched a public voting system, PickThumb, to screen new coins to be listed on its exchange; there are 5 projects currently on the platform with a total of 41,778 voters and a total of 94,983 votes; the five projects are Rom, Amo Blockchain, Ttcprotocol, Olivecoinole, and Contentos - Link
A recent coin index form TokenInsights has upgraded seven cryptocurrency exchanges and downgraded four; ratings were based on metrics as trading volume, security, and compliance over the past three months; Exchange analytics service Crypto Exchange Ranks also indexes crypto exchanges, however was instrumental in uncovering fake exchange volumes - Link
Melbourne-based company, Helio, has launched the first government licensed crypto-backed loans; Helio operates under an Australian Credit License (ACL) issued by the Australian Securities and Investments Commission (ASIC); this is a first-in in Australia, as only four other companies globally offer such service - Link
Researcher reportedly showed in a video how Bitcoin Cash SV could be spent twice on its network in an unconfirmed transaction; the user, "reizu" , succeeded in double-spending BSV tokens in a "0-conf transaction"; this demonstrates the network’s vulnerability to attack and disproves major proponent Craig Wright’s claims that only miners can double spend - Link
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 What you might want to read
What we can learn about blockchain form U.S. founding father Alexander Hamilton; no one at a crypto meet-up is likely to geek-out about Hamilton, and vice versa; but in fact Hamilton's creation of federal issued debts and bonds oppose to state issued debt shifted allegiance from the state to the federal government - BREAKERMAG
There 8 teams currently working on Ethereum 2.0, Serenity; while Ethereum 1x is being dubbed the networks short-term solution, the majority of the work to build out ethereum 2.0 is still ongoing as a separate project; that work is being carried out by eight different teams spread out across the globe- Coin Desk
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 Interesting podcasts
Unconfirmed: How ConsenSys Got So Big But Accomplished So Little. Despite having Joe Lubin's billions at its back, and despite having 1,200 employees to build apparently anything they wanted in the Ethereum ecosystem, ConsenSys has accomplished very little and has little revenue. So it's finally facing the music and laying off 13% of its employees. Jeff Kauflin, staff writer at Forbes, who wrote a great story on how ConsenSys is flailing - Listen
Unchained: Ari Paul, CIO of BlockTower Capital, explains why he likes how short-term trades concentrate risk in investment, why, "no matter what," he thinks Bitcoin is a good-value buy today, and how big university endowments investing in crypto now - Listen
What Bitcoin Did Podcast: Michael Cordner, a developer working on Grin's implementation of Mimblewimble, discusses the mysterious creator of the Mimblewimble whitepaper, Grin's monetary and governance policies and mining Grin - Listen
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