The Developers Behind The DAO Are Launching a New DAO
The guys behind Slock.it are at it again. The team that created the now-infamous ethereum-based funding vehicle known as The DAO have regrouped, and in a blog post published today, Slock.it CTO Christoph Jentzsch announced a new open-source initiative called Charity DAO. The original DAO raised as much as $150m worth of ether by selling tokens that would be used by stakeholders to vote on projects to fund. Yet a then-unforeseen flaw in the DAO's smart contract was exploited, resulting in a $60m loss and the collapse of the project. Charity DAO, by contrast, is aimed at making charitable....
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Atlanta-based BitPay today announced the launch of Bitcore, an open-source JavaScript library that allows developers to interact with the bitcoin protocol in any form they see fit. "At BitPay, we believe that developers contemplating new Bitcoin projects should not have to resort to using proprietary APIs hosted on services running closed software," the company wrote on their blog. "To encourage more developers to build software that interfaces directly with the real bitcoin network, we are launching Bitcore." From the post: Like several other companies and projects, BitPay created an....
→ 25000+ holders globally in just 3 months. → Over 200k+ transactions → Over 1M+ daily trading volume. All this before launching of Prediction Market and Head to Head betting platform. Now they are launching their Dapp. No need to hide; we’re in a huge bear-run area. All of the cryptos’ values have plummeted, starting […]
Amazon is launching its own currency later this month. Amazon Coins will only be exchangeable for Kindle applications and games and will only initially be available to US customers. The virtual coins will be valued at one US cent each, so a $2.99 purchase will cost 299 Coins. Amazon will prime the market by giving customers millions of free coins. Amazon said: "When Amazon Coins launches in May, we will give out tens of millions of dollars in Amazon Coins...". Application developers have already been asked to get their software in for review but no other integration is required. Developers....
Almost two years ago, a group of Bitcoin developers, including Amir Taaki, developed an early prototype of a decentralized marketplace during the Toronto Bitcoin Expo Hackathon. The team behind the project, which also included developers from Airbitz, won the hackathon for their work on DarkMarket, but they had no intention of working on the concept once the expo was over. Shortly after the creation of DarkMarket, a group of new developers, including Brian Hoffman and Sam Patterson, forked the project and rebranded it as OpenBazaar. Today, the first full version of OpenBazaar has been....
The challenges faced by Terra, Wonderland and a handful of other DeFi projects exposed the need for investors to do more research and avoid cult personalities. Satoshi Nakamoto left a large pair of shoes to fill after releasing the code for Bitcoin (BTC) to the world, helping to establish the network, then vanishing without so much as a trace. Over the years, the crypto ecosystem has seen many developers and protocol creators rise in stature to become crypto messiahs for faithful holders who eventually have their best-laid plans end in catastrophe when the protocol is hacked, rugged or....