| The new Wyoming law defines cryptocurrencies as intangible personal property; the Constantinople hard fork has been postponed until February 27

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2019-01-21 00:16

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The U.S. state of Wyoming introduced a bill that divides encrypted assets into three categories: digital consumer assets, digital securities, and virtual currencies.

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The U.S. state of Wyoming introduced a bill that divides encrypted assets into three categories: digital consumer assets, digital securities, and virtual currencies.

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US state of Wyoming introduces bill to define cryptocurrencies as intangible personal property

The U.S. state of Wyoming introduced a bill that divides encrypted assets into three categories: digital consumer assets, digital securities, and virtual currencies. The bill defines assets that fall into any of these three categories as intangible personal property and treats virtual currencies the same as legal tender.

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digital currency

Ethereum core developers confirm Constantinople hard fork on February 27

At 22:00 on January 18th, Beijing time, Ethereum core developers including Vitalik Buterin, Martin Holste Swende, Afri Schoedon and Peter Szilagyi held a conference call to discuss the Constantinople hard fork. According to Ethereum developer Péter Szilágyi, the Constantinople hard fork will be postponed for six weeks and will be carried out on block 7,280,000, at 16:56 on February 27, Beijing time; Yes, this fork will be a "double fork". Peter Szilagyi proposed that Ethereum carry out a "double fork": first carry out the established Constantinople fork, and then amend it, add a prohibited item, and remove the problematic EIP-1283 proposal. Odaily learned exclusively from Martin Holst Swende, “The only function of the Constantinople revision fork is to disable EIP-1283.”

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digital currency

Baidu Index: The Ethereum search index fell 43% year-on-year as a whole, and the Grin search index rose 166% year-on-year overall

According to Baidu Index data, the overall daily average value of the Ethereum search index in the past 7 days (January 12-18) was 4163, an overall decrease of 43% year-on-year and a month-on-month decrease of 20%; the overall daily average value of the blockchain search index in the past 7 days was 3846, an overall decrease of 91% year-on-year and an overall decrease of 19% month-on-month. In the past 7 days, the overall daily average value of Grin search was 1135, an overall increase of 166% year-on-year, and an overall increase of 93% month-on-month.

tZERO Security Token Trading Platform is in Discussions with 60 Companies About Token Offerings

Turkish cryptocurrency exchange Sistemkoin has serious security issues, according to reports from users and security researchers. Because others can view your support tickets, and according to sources, most of the requests seen are related to withdrawal problems. "While browsing sistemkoin.com, I found some critical bugs, and I can view and comment on any user's help requests from the exchange... Since they didn't reply, I browsed a few and found that most of them were about user complaints Because the content of the token cannot be extracted.” CCN stated that it has contacted Sistemkoin and is now waiting for a reply. (CCN)

Blockchain industry

Report: Grin can choose XRP and XMR as valuation references, and the corresponding valuation range is from $1.89 to $33.14

On January 20th, Tongtong Research Institute released a blockchain weekly report. Its team believes that the valuation of Grin should take into account the current growth of its total amount and the economic characteristics of high inflation in the early stage, so the inflation rate should be reduced to 5% as a sign of steady state. Grin mainly has two essential characteristics of payment and settlement and privacy attributes. Ideally, it can be valued with reference to XRP, and for prudent considerations, it can be evaluated with reference to XMR. Under the ideal scenario of benchmarking against XRP, Grin’s estimated market value at the end of the first year is $1.045 billion, with a price of $33.14; under the robust assumption of benchmarking against XMR, Grin’s estimated market value is $59.49 million, corresponding to a price of $1.89.

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Blockchain industry

Oracle's 10 technology predictions for cloud future include 'blockchain will be bedrock of trust'

Recently, Oracle announced 10 technology predictions for the future of the cloud, including: Blockchain will become the cornerstone of trust. Oracle predicts that blockchain technology will become a transparent and trusted technology in 2019, because people have realized that the use of blockchain technology is far more than just verifying currency transactions. This year, it will be used in a wider range of industry scenarios: from verifying the authenticity of gemstones, to tracking the source of food contamination, to confirming whether drugs are strictly produced in accordance with industry regulations, and so on. At that time, blockchain technology, like artificial intelligence, will quietly enter the daily business environment and be integrated into business applications. (Tencent Technology)

Changsha launches blockchain-based smart retail industry cloud to create smart neighborhoods

On January 20, the cloud release of China Electronics Cloud Network's smart retail industry and the signing ceremony for the construction of a smart new retail district in Tianxin District were held in Changsha. Zhu Lifeng, assistant to the general manager of China Electronics and chairman of China Electronics Internet, introduced that the launch of the blockchain-based smart retail industry cloud is a key link for Tianxin District and China Electronics Internet to jointly build the first smart block in Changsha. Implement the important measure of "thousands of people helping thousands of enterprises" of Changsha Municipal Party Committee and Municipal Government. (Xinhuanet)

The blockchain-based "waste battery circulation management system" was selected as a public pilot project in Jeju-do, South Korea

On January 20, the government of Jeju Province in South Korea announced that it will invest 36.6 billion won (about 32.503 million U.S. dollars) in information technology fields such as the construction of big data analysis models. In addition, in the public offering of public pilot demonstration projects, the "blockchain-based waste battery circulation management system project" was finally selected as a blockchain public pilot project. (Korea Central Daily)

Media: Blockchain and other new technologies play an increasingly important role in the transformation and upgrading of the retail industry

Recently, the "Payment Services Act" passed the first reading of the Singapore Parliament. Ong Ye Kung, Singapore's Minister of Education, delivered a speech on the second reading on behalf of Tharman Shanmugaratnam, Deputy Prime Minister and Director of the Monetary Authority of Singapore (MAS). It is reported that this bill will directly affect many digital currency exchanges, wallets and OTC platforms in the Singapore market, and will comprehensively supervise related businesses from two aspects of risk control and compliance. According to previous news, the draft "Payment Services Bill" was submitted to Parliament for consideration in November last year. (Official website of the Monetary Authority of Singapore)

global policy

The General Office of the Sichuan Provincial Government issued guidelines for the high-quality development of state-owned enterprises, mentioning the active deployment of blockchain and other digital economies

Recently, the General Office of the Sichuan Provincial Government issued the "Guiding Opinions on the High-quality Development of State-owned Enterprises in Sichuan Province", which mentioned that it is necessary to optimize the capital layout structure, focusing on the problem of poor state-owned capital layout and structure, and promote the active integration of state-owned capital into "5 +1"Construction of modern industrial system, layout of digital economy such as fifth-generation mobile communication technology, big data, blockchain, artificial intelligence, etc., development of modern service industries such as finance, commerce, logistics, culture, tourism, etc., to realize industrial layout and asset structure strategic adjustments. (Sichuan Daily)

Singapore's "Payment Services Act" passed the first reading of the parliament and is now entering the second reading stage

Malaysia Has Introduced 15 New Cryptocurrency Regulations

On Jan. 15, Malaysia implemented 15 new regulations regarding the cryptocurrency industry. Cryptocurrencies, tokens and crypto-assets will be classified as securities, which will be regulated by the Securities Commission Malaysia. Any unauthorized cryptocurrency transactions or ICOs will be punished with 10 years in prison and a fine of up to $2.4 million. Malaysia's finance minister said the new regulatory measures are aimed at increasing transparency in the industry to boost investor trust levels. (Bitcoin News)

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Malaysia Has Introduced 15 New Cryptocurrency Regulations

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Character·Voice

Ethereum core developer: The Constantinople hard fork will not affect the Casper/Sharding/Serenity process at all

On January 20, Ethereum core developer Afri Schoedon stated on Reddit that Serenity, PoS and Sharding - all of which are completely irrelevant to the protocol upgrade on the Ethereum 1.0 chain . It doesn't matter if the Constantinople hard fork is delayed or not. Whenever you are ready, everything that involves the "tranquility" milestone will proceed as usual. The team researching and building on Ethereum's second iteration is independently developing Ethereum 2.0 and will not delay PoS just because we delayed protocol upgrades on the legacy chain. Also, PoS, the so-called "Phase 0"/"Beacon Chain" unlike other milestones, is not a hard fork. We will be launching the beacon chain test network in a few weeks or months. Optimistically, I hope we can reach the "Serenity" milestone within a year. But understand that this is pretty much irrelevant to what's (or isn't) happening on the web right now. V God then retweeted and concluded: A reminder from Afri Schoedon - the Constantinople hard fork will not affect the stability and sustainable development of Casper/Sharding/Serenity at all.

Jimmy Song: Bitcoin products and services are produced without any central coordination

On January 20, Bitcoin core developer Jimmy Song tweeted that Bitcoin has a decentralized ecosystem where products and services are produced without any central collaboration. While altcoins have a centralized ecosystem, almost every project receives some form of subsidy from a central foundation. So, which form is more fragile?

Yahoo co-founder Jerry Yang: Blockchain must have a solid foundation of trust to survive longer

During a recent panel discussion at the Nikkei Innovation Asia Forum, Yahoo co-founder Jerry Yang said he believes in the transformative potential of blockchain technology and cryptocurrencies, but doesn’t think they will survive for long unless there is a solid foundation of trust , because only then will blockchain become an important trump card in banking and finance around the world. (BTCwires)