permissionless
Permissionless Blockchains fit the Business World's Needs
R3 CTO Richard Brown recently published an interesting article. Among other issues, the story states explicitly permissionless blockchains have probabilistic confirmation of transactions. We want to clarify several parts of this problematic statement by describing how Concordium solves some of the challenges for Permissionless Blockchains.
Facebook’s Libra Move to Apply for Swiss Regulator FINMA License: A Failed Permissionless Network?
Libra is moving away from its original plan of permissionless digital currency, widely accessible for the public, due to ongoing unprecedented hardship. Libra will be moving towards a coin that would be subject to foreign exchange controls and regulations.
Blockpass Supports Permissionless DeFi Protocol UniLend Fundraiser with KYC & AML Screening
HONG KONG, Nov 24, 2020 - (ACN Newswire) - Blockpass today announced a successful working partnership with UniLend, the decentralised finance (DeFi) platform. UniLend recently conducted a successful fundraiser, with Blockpass providing the requisite KYC and AML provision in order to meet regulatory compliance. By handling the compliance measures, the UniLend team were able to focus their efforts on the actual fundraising process.
The Future of Blockchain Is Regulated, Permissioned And Decentralized
Blockchain has come a long way since it was first proposed as the technology powering Bitcoin’s distributed ledger. Since then, it has come to be understood as a technology that exists in its own right, as the base layer of second generation blockchain networks that are the foundation for all kinds of decentralized applications, or dApps.
Facebook Calibra Digital Wallet Gets a New Name – Novi
Facebook has renamed its digital wallet, Calibra, as Novi. Calibra was the digital wallet that the social media giant has been building to access Libra digital currencies. In a blog post, the company explained that the new name was inspired by the Latin words “novus” and “via,” meaning “new” and “way.” The digital wallet company, a subsidiary under Facebook will now be named Novi Financial. As previously reported by Blockchain.News, Libra has abandoned its original plan of a widely accessible permissionless digital currency aimed to solve financial inclusion issues, due to ongoing regulatory backlash.
R3 CTO Explains—Permissionlessness: A Simple Concept With Profound Implications
Consider some of the unusual or unique things about the Bitcoin network. First, if you have an internet connection then you can transact using Bitcoin without needing the services or approval of anybody else to do so. Secondly, if you run a full node, there’s nobody upon whom you must rely to validate any information you receive; you can fully check it for yourself.
Justin Sun: Tron Network is Holding 3000 Bitcoin
Tron network, a blockchain-based decentralized operating system, is hosting 3,000 Bitcoin (BTC) configured as BTCTRON, according to its CEO and founder Justin Sun.
PayPal Exposed of Overcharging Clients: Can Bitcoin be the Remedy?
The news has been making the rounds again as grievances have been seen expressed about the exploitative conversion fees being charged by PayPal.
Ireland's CAB Seizes Bitcoin Worth €52 Million from Drug Dealer
Ireland’s Criminal Assets Bureau (CAB) has been given the go-ahead by the high court to seize Bitcoin valued at €52 million, approximately $56 million USD, from a forty-nine-year-old drug dealer.
Has Ethereum Underperformed Against Bitcoin? Here’s What the Data Says
Ethereum’s price has been underperforming Bitcoin lately, but it is still currently trading above its key support level at $600. What's next for ETH?
It is the Season of Giving! Binance Charity is Giving Back with TravelBit's Partnership
Christmas is here! And to add to the season of giving, Binance partners with TravelBit to allow travelers booking through their website, to donate to the Binance Lunch for Children.
The Algorand Foundation to Integrate Chainalysis KYT for Transaction Monitoring and Compliance
The Algorand Foundation will be leveraging Chainalysis’ Know Your Transaction (KYT) for transaction monitoring and compliance processes after its integration.
Chaintope Establishes Public Blockchain Protocol to Overcome Governance Challenges
Chaintope, a Japanese blockchain startup, has developed a public blockchain protocol known as Tapyrus to tackle some of the governance issues currently being witnessed in the blockchain space. For instance, some of the challenges noted in public blockchains include privacy concerns and sluggish transaction speeds.