Next Crypto-Enabled HTC Phone Will Run A Full Bitcoin Node

It has recently been reported that mobile phone manufacturer HTC wants to let its Smartphone users connect to the blockchain network by releasing a new Smartphone that will be able to run a full Bitcoin node.

According to a representative of HTC, Phil Chen, a new low-cost version of its blockchain phone. The Exodus 1s will be capable of acting as a full node for the Bitcoin network mean means they can store the whole blockchain’s data on their devices.

The phone is planned to be released later this year with an initial target on the third quarter of this year.

The company will also provide software development kit (SDK) available for its Zion Vault, HTC’s crypto wallet app, and eventually plans to open-source the code behind its social key recovery mechanism.

The next iteration of its blockchain phone will be cheaper that the previous model with is estimated between $250 and $300.

Bitcoin Treasure Hunt Attacts 60,000 Digital Sleuths And New Investors

It has been revealed that Satoshi’s Treasure Hunt has attracted around 60,000 people for its international scavenger hunt for $1 million worth of Bitcoin.

Aside from attracting players a group of veteran crypto investors have pledged an undisclosed amount to fund future games and campaigns.

According to one of the sponsors, Nic Carter, Satoshi’s Treasure is so exciting since it is pure joy of treasure hunt which is global and anyone can participate.

One of the players who cracked the code of the first key fragments, John Cantrell, says for him it is really about education.

Some of the players sees the Satoshi’s Treasure as the first great game of the Augmented Reality Era.

Co-Founders Vitalik Buterin and Joseph Lubin Donate 1,000 ETH For ETH Development

It has been reported that Vitalik Buterin and Joseph Lubin has recently donated 1000 ETH each to support the Moloch decentralized autonomous organization (DAO).

With these recent donations the Moloch DAO has now receive around $1 million in funding .

The main aim of the Moloch Dao initiative is to get enough funding to fund the development of the Ethereum platform’s open-source ecosystem.

According to Ameen Soleimani the objective is to accelerate the development of pubic Ethereum infrastructure that many teams need but don’t want to pay for on their own.
Lubin states that the next iteration of the world wide web 3.0 will look like web pages or mobile/web applications that look like very much what it looks today but will have a different kind of database that is more trustworthy database.

Ethereum Foundation Has $30 Million Funds For Development

It has been reported that the Ethereum Foundation will be spending around $30 million on ecosystem development over the next 12 months.

According to the director of foundation, Aya Miyaguchi, $27 million will be spent on grants program, which supports critical projects across the Ethereum ecosystem.

Projects who are vying for the grants will be chosen according the following four areas: the solution to the problem the team is working on, the uniqueness of the solution, second-order effect of the grant and the urgency of the problem it plans to address.

Ethereum foundation has been supporting the development of Ethereum since 2014 and has revealed that the largest amount of funding going to projects focused on blockchain scalability.

It was revealed that #13 million going into scalability efforts alone since March 2018.

Barclays and Royal Bank Of Scotland Successfully Tested Blockchain Solution For Real Estate Transactions

It has been reported that Barclays and the Royal Bank of Scotland (RBS) with the participation of enterprise software company R3 have recently made a successful pilot on a blockchain-based platform that aims to speed up real estate transactions.

The solution proposed by the said business entities will allow participants in real estate transactions to conduct transaction directly, while maintaining control over their personal data.

The main advantage of this new approached is similar to other industry that has implemented blockchain technology such as reduced cost of business processes, increasing level of transparency and ensuring the reliability of the documentation process.

However despite these advantages due to the complexity of this technology many companies cannot solve the problem of its development and implementation.

In light of these difficulties the demonstration of Barclays, RBS and R3 shows that with collaboration with blockchain firms traditional companies with little know or a new to the emerging technology can successfully develop and implement blockchain-enhance applications.

Headlines for the world of Cryptocurrencies - May 11, 2019

Traffic On The Of The World’s Most Famous Exchanges Spikes / Blockchain Industry Needs Better Lobbying According To New York State Assemblyman / Funding Release By Ethereum Foundation and New Devcon Venue / Mark Yusko’s $400,000 Target Bitcoin Price / Hester Pierce Says Crypto Industry Hindered By Regulatory Delays

Headlines for the world of Cryptocurrencies - May 10, 2019

Hackers Mixing BTC’s Stolen From Binance / Facebook Removes Crypto Ad Ban While Intensifying Its Own Blockchain Initiative / Indian Crypto Exchange Opens Office In Australia / Bitfinex Will Be Conducting Its Own Initial Exchange Offering (IEO) / Raiffeisen Joins R3 Corda Global Network

Headlines for the world of Cryptocurrencies - May 09, 2019

Binance’s CEO Conducts AMA After $40 Million Worth of BTC Hack / Bitstamp Beefed Up Their Staff By Hiring Ex-Coinbase Trading Head / Crypto Payments Company BitPay Hires New CFO / Bitcoin.com And Cred Partnership For Lending And Borrowing Services / Aussie Digital ICO Seeks To Launch Next Generation Of Online Retail Platform