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Nanjing Invests $1.5B in Public Blockchain Projects and Token Economy

The capital city of Jiangsu province, Nanjing has launched a $1.5 billion blockchain investment fund to boost the token economy and public blockchain projects in China. Despite its outlawing of many aspects of the cryptocurrency industry, blockchain technology has finally received the support of the government. Consequently, almost 41 percent of all Chinese startups that дальше »

2018-7-24 00:42


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By Semptember Chinese Region Will Close “Illegal” Bitcoin Miners

China’s Xinjiang Uyghur autonomous region is set to eliminate “illegal” bitcoin mining operations by the end of August, a government agency has confirmed to CoinDesk. “Local utility agencies and companies will be held accountable if they failed to shut down ‘illegal’ bitcoin mining operations,” the EIC writes. He said: “I have two partners (in the region): дальше »

2018-7-23 18:21


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Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »

2018-7-21 23:03


Does China Have A Secret Weapon In The US-China Trade War?

geralt / Pixabay Friday, US President Donald Trump said he would be willing to impose tariffs on all goods imported from China. Chinese government officials have been insisting US tariffs will have little impact on the Chinese economy, but President Trump’s willingness to impose tariffs on all $505.5 billion worth of goods imported from China […] дальше »

2018-7-21 11:10


Registered Chinese Companies Using “Blockchain” in Names See Big Spike in 2018

China Has Just Witnessed a Six-fold Increase in Registered Companies With the Word Blockchain in the Title The period between January to about July 16 this year, there has been an increased surge in the number of companies that have been registered with the word Blockchain in China. The current registration has surpassed the figure […] дальше »

2018-7-18 23:03


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Chinese authorities are sampling sewage to flush out drug users

The Chinese government is analyzing urine and feces from sewage as part of a sweeping national crackdown on illegal drug use. China isn’t the first country to sift through sewage in order to collect data on illegal drug use, but as far as we know it’s the first to implement the technique in actual law enforcement situations — a move which prompts a litany of privacy and citizen safety concerns. дальше »

2018-7-16 21:10