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‘New enterprise with no blueprint,’ Blockstack unveils decentralization plan

Blockstack, the open source browser that provides decentralized applications has announced a roadmap to plan its decentralization process. The company hopes to build an ecosystem of similar entities to build a decentralized network. Announced via a blog post on Friday the co-founders of Blockstack Ryan Shea and Muneed Ali affirmed the prospect of decentralized apps and want to ensure that their platform does not, “have any single points of failure or control.”

What we are building does not look like a platform backed by a single company, but a decentralized ecosystem; this is a new type of enterprise with no blueprint,” stated the blog post. The key point addressed in the blog post was corporate governance. Blockstack, being an open source software can be procured by anyone, anywhere and hence wants to promote the features of “open membership” and “consensus mechanism.” Forging a path towards decentralized governments the company lays out four broad points that will help initiate the process. Blockstack aims to set up a non-profit foundation that helps to further the digital fundamental rights and makes certain that the decentralization of the internet is maintained. Patrick Stanley, Head of Growth at Blockstack PBC will be the interim head of this foundation. One of the authors of the post and co-founder, Ryan Shea will be departing the company to build a new entity. Larry Salibra, a Blockchain engineer will move to start a Hong Kong company while Muneed Ali will remain at Blockstack. Blockstack also hailed the investment impetus that its Signature Fund has made. The fund has invested in 8 startups that focus on building decentralized apps and protocol including the likes of CoinTracker, Afaria, and Casa. This breakdown into several companies operated by a group of people who were core to Blockstack is an aim to build a bigger, more decentralized ecosystem. The core purpose of this fragmentation of control is to avoid an autonomy overlap and to ensure that entities and people are independent in management. “The path to decentralization will be a long journey, but it’s an essential one if Blockstack is to grow to its potential as a new network that preserves digital rights,” concludes the blog post. See also: Magic Cube to build a new decentralized gaming ecosystem on NEO See also: Bithumb next in line to launch decentralized exchange

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bcfocus.com
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3 min
TRX
TRON Foundation Announces $20 Million TRX Buyback to Promote Market Stability

The TRON Foundation, an organization created to support the development of the TRON network, has recently announced a $20 million TRX token buyback that’s set to “promote community activity and market stability.”

9 min
BTC
US City Riviera Beach Paid $600,000 in Bitcoin to Cyber Criminals

The United States (US) City Riviera Beach, Florida, paid a ransom of around $600,000 in Bitcoin (BTC) to cyber criminals. The anonymous hackers took control of the city’s systems a few weeks back as part of a perturbing tendency striking a multitude number of administrative systems in the US. The attackers demanded the ransom to be paid in Bitcoin, the world’s oldest cryptocurrency.

coinidol.com
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13 min
BTC
Bitcoin Price Climbed to New ATH for 2019, Almost Hit 14,000

Bitcoin price rally continues on Wedndesday, June 26, as the cryptocurrency got closer to $14000. However, in a major pullback, it lost $1,800 in a few hours to now trade at $12,200.

13 min
BNB
Binance Joins Forces with Paxos for a New Deposit Gateway

The Binance exchange and Paxos, the regulated digital asset trust company, have entered a collaboration to integrate a new deposit gateway on Binance.com. It will significantly facilitate fiat-to-PAX exchanging procedures.

21 min
BTC
Bitcoin [BTC] – Square Enables Bitcoin Deposits for Its Cash App Users

Payments company Square has finally announced the launch of the Bitcoin deposit feature for its Cash App platform.

21 min
Singapore’s Central Bank Wants More Information on Facebook’s Libra Crypto

The Monetary Authority of Singapore reportedly has concerns over Facebook’s recently unveiled cryptocurrency project, Libra.

coindesk.com
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24 min
SIX Group asks Swiss central bank to issue stablecoin

Swiss stock exchange SIX Group has asked the Swiss central bank to issue a cryptocurrency for payment settlement, swissinfo writes. So far, the Swiss National Bank has treaded cautiously around cryptocurrencies. Nonetheless, SIX would like to list a bank-issued, CHF-pegged stablecoin on SDX—its digital securities trading platform targeted at qualified investors, to be launched early …

27 min
BTC
Bloomberg: состояние братьев Уинклвоссов удвоилось на фоне ралли биткоина

Как сообщает Bloomberg, активы основателей криптобиржи Gemini Кэмерон Тайлера и Кэмерона Уинклвоссов с января этого года удвоились благодаря стремительному росту цифрового золота. Согласно индексу миллиардеров Bloomberg, состоящие преимущественно из биткоина и других криптовалют активы братьев-близнецов достигли $1,45 млрд — высочайшего значения с марта 2018 года. Примечательно, что в начале года этот показатель составлял $654 млн. Между тем, согласно последним данным, общая сумма активов под управлением (AUM) компании Grayscale достигла $3 млрд: 6/26/19 UPDATE: Holdings per share, net assets under management and digital assets per share for our investment products. Total AUM: $3.0 billion$BTC $BCH $ETH $ETC $ZEN $LTC $XLM $XRP $ZEC pic.twitter.com/pDDGyif5kj — Grayscale (@GrayscaleInvest) 26 червня 2019 р. При этом подавляющее большинство крупных инвесторов предпочитают инвестировать в активы на базе первой криптовалюты. Так, AUM траста Grayscale на базе биткоина в настоящее время

forklog.com
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28 min
PR: Incent – A Crypto Rewards Platform

Amid a surge in income-generating smartphone apps, Incent is making itself heard. The crypto rewards platform offers a unique opportunity for regular shoppers to earn a passive income. Amid a surge in income-generating smartphone apps, Incent is making itself heard. The crypto rewards platform offers a unique opportunity for regular shoppers to earn a passive income.

bitcoin.com
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33 min
Trump Warns Modi on ‘Unacceptable’ Tariffs as PM Puts India First

U.S President Donald Trump fired a warning shot to Indian PM Narendra Modi ahead of the pair’s G20 summit meeting. Trade war escalates on the Indian front?

ccn.com
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41 min
Waves Brings the Heat to Ethereum and EOS with Smart Contracts

Waves (WAVES) has finally added functionality for smart contracts to its network, deployable through the RIDE programming language. This will enable global developers to harness and utilize a fully-powered decentralized ecosystem to build dApps, as per a press release, June 25, 2019. More Focus on Smart Contracts The decentralized network…

43 min
BNB
ChainLink (LINK) Keeps Booming on Coinbase Pro Listing

LINK has defied the gravity, becoming the top performer among altcoins after the recent Binance listing.

49 min
BTC
Bitcoin Price Correction Continues as $13,800 Becomes Key to Further Gains

Altcoins suffer as BTC/USD regresses from highs of $13,800, which now becomes a key level for more gains.

55 min
Litecoin Price Tottering at Support After Plummeting During BTC Run – Short Term Price Analysis

On both BTC and USD trading pairs, Litecoin needs some support to step in and save market structure. Confirmation of support could save it for renewed uptrend; capitulation here would break market structure on both charts.

Coins

#
FAV
NAME
PRICE
Portfolio
1H
24H
7D
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1
Bitcoin
Bitcoin
BTC
$ 11 937.06
$ - - - - -
( - - - - - )
Set your amount
OK
+2.74%
-5.01%
+28.56%
2
Ethereum
Ethereum
ETH
$ 312.09
$ - - - - -
( - - - - - )
Set your amount
OK
+2.30%
-6.69%
+16.22%
3
XRP
XRP
XRP
$ 0.427882
$ - - - - -
( - - - - - )
Set your amount
OK
+1.90%
-10.48%
-0.18%
4
Bitcoin Cash
Bitcoin Cash
BCH
$ 434.12
$ - - - - -
( - - - - - )
Set your amount
OK
+2.63%
-12.73%
+5.66%
5
Litecoin
Litecoin
LTC
$ 117.72
$ - - - - -
( - - - - - )
Set your amount
OK
+3.22%
-13.05%
-12.88%
6
EOS
EOS
EOS
$ 6.37
$ - - - - -
( - - - - - )
Set your amount
OK
+2.48%
-12.78%
-6.04%
7
Binance Coin
Binance Coin
BNB
$ 33.49
$ - - - - -
( - - - - - )
Set your amount
OK
-0.06%
-10.38%
-5.61%
8
Bitcoin SV
Bitcoin SV
BSV
$ 205.27
$ - - - - -
( - - - - - )
Set your amount
OK
+3.42%
-15.05%
-6.07%
9
Tether
Tether
USDT
$ 0.993294
$ - - - - -
( - - - - - )
Set your amount
OK
+0.35%
-0.25%
-0.80%
10
Cardano
Cardano
ADA
$ 0.091141
$ - - - - -
( - - - - - )
Set your amount
OK
+2.14%
-8.10%
+3.29%
11
TRON
TRON
TRX
$ 0.034971
$ - - - - -
( - - - - - )
Set your amount
OK
+1.68%
-10.05%
+5.96%
12
Stellar
Stellar
XLM
$ 0.111260
$ - - - - -
( - - - - - )
Set your amount
OK
+2.40%
-12.65%
-8.97%
13
UNUS SED LEO
UNUS SED LEO
LEO
$ 1.85
$ - - - - -
( - - - - - )
Set your amount
OK
+0.42%
-5.97%
-1.71%
14
Monero
Monero
XMR
$ 93.04
$ - - - - -
( - - - - - )
Set your amount
OK
+2.34%
-10.36%
-8.97%
15
Dash
Dash
DASH
$ 164.65
$ - - - - -
( - - - - - )
Set your amount
OK
+1.83%
-7.35%
+2.81%
16
NEO
NEO
NEO
$ 17.62
$ - - - - -
( - - - - - )
Set your amount
OK
+2.31%
-10.64%
+31.14%
17
IOTA
IOTA
MIOTA
$ 0.417466
$ - - - - -
( - - - - - )
Set your amount
OK
+2.39%
-10.60%
-1.75%
18
Cosmos
Cosmos
ATOM
$ 5.79
$ - - - - -
( - - - - - )
Set your amount
OK
+3.02%
-14.16%
-9.95%
19
Ethereum Classic
Ethereum Classic
ETC
$ 8.14
$ - - - - -
( - - - - - )
Set your amount
OK
+2.05%
-13.19%
-3.58%
20
NEM
NEM
XEM
$ 0.091823
$ - - - - -
( - - - - - )
Set your amount
OK
+2.50%
-5.59%
+6.62%