Cue the dueling banjos, it’s a battle of the Satoshi Nakamotos! On May 24, Wei Liu, a crypto entrepreneur and investor, filed a copyright registration stating that he is really the author of the Bitcoin whitepaper, “Bitcoin: A peer-to-peer Electronic Cash System.”
Tron is adding decentralized storage and a cryptocurrency-based reward mechanism into its BitTorrent peer-to-peer file sharing service. Adding the blockchain solution is a step in Tron’s long-term plan to create a privacy-focused, user-controlled, decentralized internet, the company said in a May 31 release. Tron’s new BitTorrent File System (BTFS) will be incorporated into the broader BitTorrent P2P network, which has 100 million monthly users. A distributed application (DApp) platform, BTFS will be used by BitTorrent users to receive, send, and host media files. BTFS will use the Tron-based BTT utility tokens launched on January 3 to reward hosts who store shareable files and provide bandwidth. The way BitTorrent works is…
Just as international financial regulators are about to announce stronger "know your customer" requirements for cryptocurrencies, banking giant JPMorgan Chase has released software designed to help people avoid them.
The Global Funeral Care Foundation will close an initial exchange offering of its GFC token on June 1. The goal is to build a blockchain-based industry platform that will let consumers create fully customizable funerals online, compare prices and write reviews, and find funeral homes. In addition, there will be a marketplace for goods and services—including everything from caskets to funeral insurance. Services for the industry will include an advertising venue, news and regulatory updates, a continuing education learning center, and a talent attraction program.