The Week In Bitcoin - Issue #75: Another Week Another Fork And Corda Is In The Wild

Another Week Another Fork And Corda Is In The WildThere's never a dull week in the world of chains an
The Week In Bitcoin
The Week In Bitcoin - Issue #75: Another Week Another Fork And Corda Is In The Wild
By The Week In Bitcoin • Issue #17
Another Week Another Fork And Corda Is In The Wild
There’s never a dull week in the world of chains and this week was no exception. 
This week we saw a small unintentional fork on the Ethereum blockchain occur - oops 😒. Which again has cast doubt on the viability of Ethereum as a developer platform (here’s a balanced piece worth reading on this point).
Also, this week Corda went live with some interesting reviews. For example, Peter Todd noted:
“….it’s actually more like Bitcoin without blockchain.”
To be honest, it’s actually a lot more interesting than I anticipated and well worth a dig around  - I’ve included a link to the repo below. 
If you have any comments or thoughts regarding Corda feel free to ping me on the Twitters (@alantsen) or simply respond to this email.
— Alan Tsen, @alantsen 👊💯
Ps. If you like what I’m doing here please feel free to share it on your favourite social media network. Also, it’d be great if you forwarded this newsletter to a friend you think might enjoy it.

News This Week
Corda is a distributed ledger platform designed to record, manage and automate legal agreements between business partners. Designed by (and for) the world’s largest financial institutions, it offers a unique response to the privacy and scalability challenges facing decentralised applications.
Today is the day that Corda goes open source. Which will be commented far and wide, so not a lot of point in duplicating that effort. But perhaps a few comments on where this will lead us, as a distributed ledger sector.
An unintentional split of the network was the latest event to shake ethereum.
By now, you might have heard the back-and-forth about so-called hard forks, a particularly contentious way to update a public blockchain.
Facilitating auditability and accountability are major benefits of using blockchain technology. In this white paper, we examine the notions of auditability, accountability and non-repudiation in blockchains and focus on the aspects of blockchain technology that allow for these properties.
The Bitcoin scaling debate goes on and on. The argument is not over whether Bitcoin should scale up: clearly, if it is to become a serious challenger to mainstream payments providers such as Visa and central bank RTGS systems such as Fedwire, it must be able to handle daily transaction volumes in the billions. No, the question is how it should scale up.
For the first time, bitcoin miners have been able to signal support for Segregated Witness this past week. Developed as a soft fork, the proposed centerpiece of Bitcoin Core’s scalability roadmap requires 95 percent of all blocks within a single two week difficulty period to signal readiness for the change.
One of the biggest benefits of being on the ground in Silicon Valley is the ability to completely immerse yourself within the community networks that have collectively come to be known as the ‘innovation ecosystem’. 
Initial cryptocurrency offerings, or initial coin offerings, (ICOs) are the flavor du jour in the sprawling crypto-tech market. As I’ve described in previous writings, ICOs represent a fundamental shift in how companies get funded, at least when compared to the traditional venture capital driven methods.
This blog will be broken into 3 sections in order to explain the evolution of how the consensus algorithm achieved by Raft was attempted to be fixed by Tangaroa and Juno and then finally solved by its distant relative Kadena.
Four years ago the cryptocurrency startup Coinbase turned its back on the movement’s antiestablishment mojo. The result: a $500 million valuation and a warm embrace from multinational banks and VCs.
The newest forms of money – bleeding edge, blockchain-based cryptocurrencies – look a lot more like the oldest forms than anything that appeared in the meantime. 
Over the millennia money has taken many different forms. For seven thousand years or more, gold and silver have remained perennial favorites, but the nature of money is highly dependent on context.
Yesterday, I participated via video link in a meetup that was held in Barcelona, on the subject of Blockchain Backed Governance Systems, and was invited by Carlos Barbero Steinbock, co-founder and CEO of BTC-Guardian. The program included other speakers from DASH, Bitsquare, a lawyer (Adam Vaziri) and an impromptu appearance by a Slock.it co-founder, who originally brought us The DAO.
Bitcoin and banks were never supposed to go hand-in-hand. So, in 2015, when the world’s largest financial institutions began investigation the technology behind Bitcoin, blockchain, it took many people by surprise. Now, approximately two years after those efforts began in earnest, it seems there’s somewhat of a clash taking place between Bitcoin and the consortium through which the world’s largest banks investigate blockchain technology, R3.
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