Peerplays to Complete Ethereum Sidechain by 2017, Revised DAO Proposal Says
Peerplays, an online gaming and wagering platform which uses open-source Blockchain technology, introduced its DAO proposal in May. After receiving feedback from DAO supporters, the platform has also decided to build a sidechain from Peerplays to Ethereum. An updated proposal was published a few days ago, offering 20% of the Peerplays earnings to The DAO in exchange for an increased valuation to cover costs associated with developing this sidechain at an accelerated pace. Peerplays might become the first startup to get support from $150 million DAO fund. The proposed price is $1.2 million....
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The online gaming and wagering platform, Peerplays, is the first startup to be vying for funding. DAO is to begin reviewing and voting on proposals this week. What is Peerplays? Peerplays is an online gaming and wagering platform that uses open-source blockchain technology to prove fair fair play at casino card game. The company could potentially provide a solution to the widespread issue of fraud in the gambling industry, where an estimated $100 million a year is lost by players to cheaters. Fabian Schuh, advisor and developer at Peerplays, says: “Being part of a decentralized autonomous....
After a successful first round of ICO funding, Peerplays announced today that they have innovated the Blockchain space with the creation of an open-source fee sharing module, allowing any Graphene-based Blockchain to distribute profits directly to its token holders. “Peerplays is aiming to be the first truly Decentralized Autonomous Cooperative (DAC) and we have just added a major piece to the puzzle,” said Jonathan Baha’i, President of BunkerChain Labs and the Blockchain technology consultant for Peerplays, in a press release. He notes: “With this new profit sharing module, all the fees....
The New York State Department of Financial Services (NYDFS) has released a revised version of its BitLicense proposal. First revealed in July, the new framework comes after a lengthy, 90-day comment period for the proposed regulation, which saw notable names from both within and outside of the bitcoin industry weigh in on the proposal. The finalized bill includes previously announced changes, like exclusions for software providers, gift card companies and those who seek to use blockchain tokens for non-financial purposes. A spokesperson for the NYDFS indicated that an official version of....
Spacechains is a proposed Bitcoin sidechain that offers a one-way peg mechanism utilizing blind merge mine design.
The New York State Department of Financial Services (NYDFS) released the latest version of of its BitLicense proposal today, an event that sets off another 30-day comment period before the much-anticipated regulation can be finalized. The revised draft finds the state agency following through on a number of proposed changes it has previously announced publicly, while clarifying the intent and structure of the proposal. Overall, the revised BitLicense displayed a willingness by the NYDFS to both respond to concerns from the digital currency and wider business community while largely leaving....