EOS-ocracy

EOS' absent ballot system, Project Infinity's woes, and a blockchain for fuel data

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Sponsored by   August 27, 2018 UNDECIDED: The EOS voting system hasn't been built yet, and as a result, it's not clear how to distribute close to $35 million worth of tokens that's held in a kind of network-wide savings account. That money has been set aside to fund tech development, security audits and other key items, but some community members believe the tokens should be destroyed instead. Full Story  END OF THE LINE? Project Infinity was intended to offer a one-stop financial services platform with machine learning and AI as technological underpinnings. But big job cuts at NEX Group (including the machine learning team) made some suspect that the project has been shelved -- though the company's leadership disagrees. Full Story FLYING HIGH: S7, one of the largest airline operators in Russia, has tested a blockchain-based application that tracks data on plane refueling. The application shares data about energy demand and manages payments via smart contracts, the company's news release says. Full Story Five hundred and seventy-one -- that's the number of contributors who have written commits to the official bitcoin GitHub repository. While there are more distributed miners, users, and application developers, these contributors make up the glue of the underlying technology of bitcoin. Just three developers have submitted 51 percent of those commits, including: - Wladimir J. van der Laan at 34.7 percent - Pieter Wuille at 9.6 percent - Gavin Andresen at 6.7 percent For more research insights check out the CoinDesk Research section here. SPONSOR SECTION   Join us in Singapore on September 19-20 for two days of content focused on blockchain development in the APAC region. Beyond just Consensus, there are five other technology events that you can attend with your TechXLR8 ticket. Save 40% by using the code CONSENSUS40. ​Register Here   BACK TO $7,000? Bitcoin is changing hands above $6,700 during Monday's trading session. Of note to market-watchers: the technical charts show the possibility that the bearish trend of the last week may have come to an end. Full Story  BEST OF THE BEST REUTERS: A cryptocurrency exchange called Huulk aims to attract sharia-compliant startups -- that is to say, companies that are looking to modernize Islamic finance. Huulk belongs to OneGram Group, which is going to list its own sharia-compliant cryptocurrency on the exchange by mid-September and has already sold around $400 million worth of the tokens in the past year.  THE REST FORTUNE: Elon Musk has now infamously changed his mind about taking electric car maker Tesla private, and one of the declared reasons was that, in a private scenario, there is no proven path for retail investors to own shares. If this is what Tesla's leadership is worried about, maybe the company should think of tokenizing itself?   TECHCRUNCH: Ten years ago, Asian money in global venture financing accounted for just 5 percent -- but now investors from the region provide 40 percent, or almost equal to their North American counterparts with 44 percent. At the same time, U.S. funds are getting more and more interested in Asia, resulting in a rapidly-growing tech collaboration between the two regions.  THE COLUMBUS DISPATCH: The Franklin County Auditor's Office in Columbus, Ohio, is preparing to start testing blockchain technology for the transfer of property deeds. Should the pilot pan out, Ohio will become the first state to use the tech for this purpose. The state is partnering with a home-grown blockchain startup SafeChain on the initiative.   We've launched our new podcast, Late Confirmation, which are the top stories in the blockchain world, delivered daily from the team at CoinDesk, sponsored by the Oxford Blockchain Programme.  Listen to Latest Episode and Subscribe   WHO WON #CRYPTOTWITTER   ConsenSys Jobs Blockchain Jobs Circle Jobs BitGo Jobs Copyright © 2018 CoinDesk. All rights reserved. Our mailing address is: 636 Avenue of the Americas New York, NY, 10011, US Want to change how you receive these emails? You can update your preferences or unsubscribe from this list