Multichain bridging protocol LiFi has launched a multi-message aggregator for decentralized autonomous organization (DAO) governance, according to an Aug. 17 announcement from LiFi research lead Arjun Chand. If implemented by decentralized exchanges, lending apps and other Web3 protocols, the new aggregator should help prevent governance attacks that originate from cross-chain bridges, according to the aggregator’s documentation. The announcement comes after a vigorous debate over bridge security on the Uniswap forums in late January and early February concluded that no single bridge has all the security features necessary for secure governance.…
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Digital Shovel Unveils NanoPOD, A Compact And Efficient Bitcoin Mining Solution
Digital Shovel, the industry leading manufacturer of turnkey, mobile crypto mining containers, has announced the launch of their latest innovation, the NanoPOD. Designed specifically for small to medium mining operations, the NanoPOD stands out as the company’s most compact and efficient offering to date, setting a new standard in size and convenience. With a footprint small enough to fit through a 7-foot tall door and occupying a mere two standard skid spaces in a tractor trailer, the NanoPOD seeks to optimize miners space and enhance their capabilities. Similar to its…
Read MoreIntroducing 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…
Read MoreBolivia Mulls Chinese Yuan for Trade Settlements, Steve Hanke Proposes 30-Day Solution for Venezuelan Inflation – Bitcoin News
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Bolivia mulls using the Chinese yuan in international trade settlements, inflation reaches 108.8% in Argentina, and Steve Hanke states he can eliminate Venezuela’s inflation in 30 days. Bolivia Mulls Using Chinese Yuan in International Trade Settlements The government of Bolivia has announced it is considering the usage of the Chinese yuan as a replacement for the US dollar for international trade settlements. The Bolivian President…
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