V God responds to rumors that the Ethereum Foundation is short of money; Bitmain launches joint mining and other sales models
headlines
headlinesEthereum Foundation or Stop Funding Most Internal Teams? V God responded:
Just being screened out, the foundation fund is enough to last 6 years
On December 6, Nina Breznik, a developer who has worked on Ethereum Remix for two years and is currently working for PlayProject, tweeted that the Ethereum Foundation plans to stop funding most internal teams next year. According to him, the Ethereum Foundation has decided to stop funding the youngest projects first. From December 1st, our (PlayProject) funding has been stopped, and funding for other projects will also be cut next year.
"It's not a question of lack of money. The foundation's current annual budget is still 30 million US dollars, which is enough to last for 6 years," V God explained, "We have recently screened the internally funded teams, and some of them were naturally eliminated by us. It’s because we don’t want to fund them.” At the same time, for the previously considered method of including a part of the miner’s fee into the R&D fund, V God said that this solution can learn from Zcash, but it is best to conduct experiments on Layer 2 first to confirm whether it is feasible.
digital currency
Ethereum 2.0 phase zero is expected to launch the zero phase mainnet in early 2020
Ethereum 2.0 phase zero is expected to launch the zero phase mainnet in early 2020
Bitmain launches new models such as mining machine sales and joint mining
Bitmain launches new models such as mining machine sales and joint mining
On Saturday, Bitmain disclosed the latest mining machine sales model and joint mining mining machine leasing model at the customer appreciation meeting held in Chengdu.
New sales model: miners can purchase mining machines in installments, and can get up to a 20% down payment discount. This mining machine sales financial model is suitable for mining pools and mines. It is said that this mode can alleviate the shortage of funds in mines and pools, and at the same time increase the sales of Bitmain mining machines.
Bakkt Bitcoin Monthly Futures Volume Hit $82 Million This Week
Bakkt Bitcoin Monthly Futures Volume Hit $82 Million This Week
BISS official: The investigation work with relevant departments has come to an end, and will follow the instructions of the competent department
Gemini's November independent accountant's report: GUSD issued and circulated has dropped to 5,071,800 pieces
At 8 a.m. on December 8, Beijing time, the Ethereum blockchain completed the scheduled eighth hard fork upgrade at block height 9069000—the Istanbul hard fork. The Istanbul hard fork upgrade is also the second upgrade of Ethereum this year. Compared with the Constantinople hard fork at the beginning of this year, the influence and attention of this upgrade are far less than before.
Blockchain industry
There are 369 blockchain enterprises in Wuhan, and they are now small and medium-sized
There are 369 blockchain enterprises in Wuhan, and they are now small and medium-sized
The Jiefang Daily reported that since the beginning of this year, more than 1,000 small and medium-sized enterprises in the national steel industry chain have enjoyed blockchain innovation services from Shanghai, and the financing cost can be as low as 4.35%. In this regard, a person in the financial industry believes that after the application of blockchain technology, it is expected to solve the three major problems of loan financing for small and medium-sized enterprises in the iron and steel industry, bank risk control, and departmental supervision.
Investment and Financing
In November 2019, there were 22 blockchain investment and financing incidents, a decrease of 8 from the previous month
global policy
Governments of 10 cities across the country have issued special preferential subsidy policies for the blockchain industry
Media: There is room for discussion on whether blockchain companies can obtain domestic offshore zone licenses in Sanya
Central Bank Zeng Zhicheng: To enter the "regulatory sandbox", you must be a licensed institution, and some of the 46 approved pilot projects in Beijing will enter
Ukraine Approves Final Version of Anti-Money Laundering Law
Ukraine Approves Final Version of Anti-Money Laundering Law
US SEC approves a fund that only invests in Bitcoin futures
South Korean government sources revealed that the South Korean government is trying to impose capital gains tax on virtual currency income, and relevant regulations may be reflected in the tax law next year. At the same time, the National Assembly is also passing a bill on improving the transparency of virtual asset transactions.
Character·Voice
Symas Corp CTO: Monero RandomX Upgrade Lost About a Quarter of Miners
CSW: "Code is Law" is a Misunderstanding of Bitcoin
CSW: "Code is Law" is a Misunderstanding of Bitcoin
On the afternoon of December 7th, at the BSV China Conference, Dr. Craig S. Wright (CSW), chief scientist of nChain, said that around 2003, the rule of "code is law" was gradually formed. But in fact, I don't agree that the law is flexible and human, but the mechanical nature of smart contracts stipulates that things are either 0 or 1, such a binary world. But in the real world, we look at specific situations, we forgive others, and we allow gray areas to exist.
BSV is developing a block size of 1000GB
