Introducing Ark: An Alternative Bitcoin Scaling Solution Focused On Preserving Privacy

This is an opinion editorial by Kudzai Kutukwa, a financial inclusion advocate and Mandela Washington fellow. “When use of strong cryptography becomes popular, it’s harder for the government to criminalize it. Therefore, using PGP is good for preserving democracy. If privacy is outlawed, only outlaws will have privacy… PGP empowers people to take their privacy into their own hands. There has been a growing social need for it. That’s why I wrote it.”  –Phil Zimmerman, “Why I Wrote PGP” The case of Roman Sterlingov, who stands accused of running the…

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US-Based Bitcoin Focused Startup Fedi Raises $17 Million in Series A Funding Round – Africa Bitcoin News

Fedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May 3 that it recently raised $17 million in a Series A funding round. The company said it will use the funds to help it launch what it called the “world’s first federated operating system.” Obi Nwosu said the Fedi Alpha version, which is targeted at the builder community, is set to be rolled out later in May. ‘Protecting User Privacy and Autonomy’ The United States-based fintech and bitcoin-focused company Fedi announced on May…

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