ACINQ Advises Not to Use Eclair Wallet At the Moment

Developers said that they "may have lost the signing key allowing us to update the app"
09 April 2018   486

The developers of the French blockchain start-up ACINQ advised users of the Lightning wallet Eclair to temporarily refrain from using it.

ACING Twitter
ACING Twitter

According to them, this decision is caused by accidental deletion of the signature key of the app. The developers assured the users that this measure is forced, and promised to fix the errors soon, releasing the corresponding update for this Android-application.

ACINQ has already removed the Eclair app from the Google Play and the link to the installation file from the Github.

The release of the mobile purse Eclair with support for Lightning Network was held on April 4.

Zuckerberg to See DLT in Single Sign-On Technology

As reported, such a solution will allow Internet users to refuse intermediaries when using credentials to interact with services
21 February 2019   84

Facebook founder and CEO Mark Zuckerberg said that distributed ledger technology could allow Internet users to access various services using a single account. The blockchain-based solution can become a competitor of the single sign-on (SSO) technology from Facebook.

A use of blockchain that I’ve been thinking about … though I haven’t figured out a way to make this work out, is around authentication and… granting access to your information to different services. So, replacing the notion of what we have with Facebook Connect with something that is truly distributed. Basically, you take your information, you store it on some decentralized system and you have the choice to log into places without going through an intermediary. 

Mark Zuckerberg

CEO, Facebook

Such a solution will allow Internet users to refuse intermediaries when using credentials to interact with various services. In addition, intermediary corporations will lose the ability to cut traffic.

Nevertheless, he stressed that in the case of the scandal with Cambridge Analytica and data leakage, Facebook was able to block unscrupulous developers from accessing personal data of users, and in the case where the latter can manage their data themselves, it will be impossible.

Zuckerberg added that society needs to answer the question whether it is ready to take full responsibility for its data, because in the case of malicious acts there will be no intermediary who can be held accountable.

He also confirmed that the amount of computation that Facebook is producing will be extremely difficult to decentralize.