ETH Scalability Isn’t Going to Be an Issue Soon, Suggests Vitalik Buterin

Ethereum expects boosted transactions per second, or TPS, as the network shifts toward the long-awaited Ethereum 2.0, or ETH 2.0, according to Etheruem co-founder Vitalik Buterin.  Vitalik says the transition will not be instant “ETH2 scaling for data will be available before ETH2 scaling for general computation,” Ethereum Buterin said in a June 30 tweet. “This implies that rollups will be the dominant scaling paradigm for at least a couple of years: first ~2-3k TPS with ETH1 as data layer, then ~100k TPS with ETH2 (phase 1),” he noted, adding…

Read More

Hanko’s Time To Go? Blockchain as a Solution to Japan’s Remote Working Issue – Cointelegraph Magazine

“Now is the time. If we can’t change now, we will never change.” Yuzo Kano is frank in his assessment of the two thousand year-old Hanko tradition. “We need to revisit the historical role of Hanko in Japan.” Hanko, or Inkan, is the Japanese stamp that’s almost ubiquitous in Japan’s work and life. Whenever buying a new house or car, submitting documents to a city government, or even getting permission from a manager for a vacation, Japanese citizens stamp their seal, or their corporation’s seal, on contract documents. In a…

Read More

Minting Basic Income – US Lawmaker Asks Treasury to Issue Two $1 Trillion Coins With No Debt

The U.S. is now facing the onslaught from the coronavirus outbreak. During the last two weeks, bureaucrats have shut down multiple industries while the Federal Reserve has injected trillions into the hands of private banks. Bipartisan members of Congress have been penning a 2020 stimulus plan, as the government may send $1-2K to every American on a monthly basis until the covid-19 hardship ends. On Saturday, Michigan Democrat Rashida Tlaib, with the help of Modern Money Network Rohan Grey, proposed a plan that will allow the U.S. Treasury to mint…

Read More

Two Italian High Schools to Issue Digital Diplomas With Blockchain

Two Italian high schools will begin issuing unchangeable and easily shareable digital diplomas with the Ethereum’s blockchain public technology. The measure, as reported by Cointelegraph Italia on March 12, seeks to make the entire process of issuance and traceability transparent, but above all, to solve a long-standing problem in the country: fake diplomas. The mentioned schools are located in Rome and Crotone. The licei internazionali di Villa Flaminia in Rome will rely on a blockchain-based system developed by the EY company, while the l’Istituto d’Istruzione Superiore “M. Ciliberto – A.…

Read More