Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Post a Comment

Crypto Stories: Gavin Wood discusses why he decided to code Ethereum

The latest episode of Cointelegraph's YouTube series tells the story of Gavin Wood, co-founder of Ethereum and founder of Polkadot and Kusama networks.

Among the original founding fathers of Ethereum (ETH) is Gavin Wood, who joined a group led by Vitalik Buterin that set out to build Bitcoin's competition. Wood is the computer scientist who wrote the first smart contracts for the Ethereum blockchain back in 2014. In an exclusive interview with Cointelegraph, Wood admitted that at the time, he just needed a job.  

A self-described "technologist at heart," he knew coding was his calling and made the "obvious" switch from building LEGO bricks to writing blocks of code from an early age.

He first discovered Bitcoin via The Silk Road, the online black market that ran from 2011 to 2013. The cryptocurrency originally "took his fancy" for being "a purely algorithmic mechanism for human cooperation and interaction" that, according to Wood, "allows for the creation of social structures that we haven't seen yet."

He realized there might be a job opportunity for him and started networking. After a meeting with Johnny Bitcoin, Wood was hired with the task of helping Buterin take Ethereum from white paper to a functioning blockchain. His hope in creating Ethereum was to affect change in society for the better.

"This is [the] technology that is being used to build the new world — the world that's going to drive human civilization for the rest of this century, at least."

Related: Crypto Stories: Vitalik Buterin talks creating Ethereum in previously unreleased 2014 interview

The video ends with words by Wood from another interview at a July 2014 conference in Hong Kong in which he suggested to Cointelegraph that economic institutions could be substituted by Ethereum. Almost eight years later, economic and financial institutions are indeed being disrupted not just by Ethereum but by the constantly evolving blockchain and cryptocurrency technology. 

Wood ended up leaving the development team at Ethereum to eventually found Polkadot (DOT), a sharded multi-chain protocol, and Kusama (KSM), used as a test network on the Polkadot chain.

https://ift.tt/oB7PHVn
Labels:

Comments

Post a Comment

Popular posts from this blog

Earn up to 50% APY by Staking $GLQ on GraphLinq App

PRESS RELEASE. The newest utility token to offer staking to its users/holders is GraphLinq Protocol’s $GLQ. As of this article, $GLQ has 4,500+ holders according to etherscan, excluding GLQ holders on CEX like Kucoin, MXC, Gate. This is a great step for the future of the project as it will further incentivize more users to hold. Explore more about GraphLinq, its staking mechanism & steps to stake. What Is GraphLinq? GraphLinq – The No Code protocol for automating actions on-chain & off-chain, launched in just March 2021, has come a long way bringing users in the crypto space a never seen model of integrating blockchain automation on any blockchain-related/non-related task. The goal of the GraphLinq protocol is to allow users to interact blockchains with any connected system as effortlessly as possible without any prior knowledge of coding. GraphLinq ecosystem currently consists of an engine, an integrated development environment ( IDE ) & an app to provide automated...
Post a Comment
Read more

Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet

On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet, Plans to Merge With Metamask in the Future Consensys has acquired the Ethereum-based wallet Mycrypto for an undisclosed sum according to an announcement released on Tuesday. The deal aims to strengthen the company’s Ethereum wallet Metamask and “enhance Web3 experiences.” The eventual merger between the two Ethereum interfaces will “provide users with a heightened experience that is even more extensive and secure,” according to Consensys. Consensys is an Ethereum software company led by one of the Ethereum co-founders Joseph Lubin. The Web3 wallet Metamask, with 21 million monthly active users (MAUs) is owned by C...
Post a Comment
Read more

The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal’s Scarcity Is Hard to Prove

A myriad of gold bugs like to compliment the yellow precious metal for its ostensible scarcity, as estimates say only 2,500 to 3,000 tons of new gold is produced annually. While new gold discoveries have seemingly slowed, investigative studies also show that in some areas, gold is being smuggled into the economy by the ton, and often never accounted for as far as per annum issuance estimates. Recently, reports show a whole mountain of gold was discovered in the Congo, as the Democratic Republic of the Congo is well known for being a region that sees tons of smuggled gold filtered into the global financial system unreported. Surprise Gold Deposits Continue to Crack the Precious Metal’s Scarcity Proposition It has always been said that the precious metal gold (Au) is scarce, and some reports even say that gold mining on earth will end by the year 2050 . Additionally, estimates also show that there’s roughly 2,500 to 3,000 tons of new gold that is accounted for and enters into the fin...
Post a Comment
Read more