Aion comes to Israel for its first meetup in Tel-Aviv

Aion is joining Bancor for its meetup in Tel-Aviv on April 8 to discuss cross-chain development
26 March 2018   876

Bancor Protocol development team has announced it's hosting Toronto-based Aion at AYEKA venue in Tel-Aviv on April 8. The topics of the coming discussion cover cross-chain networks development and building inter-chain bridges. The premise to the topic of cross-chain interaction is that in the future blockchains will topologically become aligned with 'spoke-hub' distribution paradigm (a form of transport topology where traffic routes are organized as a series of 'spokes' connecting outlying points to a central 'hub'). Such topology is intrinsic to the Internet, and blockchain will eventually exchange data and value based on that concept.

Nowadays, developers are already creating app and smart contracts that transact across multiple chains. The meetup will introduce the experience and knowledge of Bancor and Aion teams in the terms of tools and techniques for designing tomorrow's inter-chain bridges. Drinks and foods will be served throughout the whole meetup. The agenda of the event is as follows:

1.  19:00 - Mingling

2.  20:00 - Lightning Talks:

  • Galia Benartzi, Bancor Co-Founder
  • Kesem Frank, Aion Co-Founder

3.  20:40 - Live Coding Demos

4.  21:00 - Radically honest Q&A with Bancor & Aion teams

Aion has built a multi-tier blockchain network and designed a protocol for connecting blockchains. Bancor is prominent for its Smart Tokens cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor Protocol enables formulaic price calculation and continuous liquidity for all integrated tokens thus matching two parties in an exchange is redundant.

Cardano Hardfork to be Announced

During the upgrade, aimed to update the Cardano consensus algorithm, the Ouroboros Bizantine Fault-Tolerant protocol will be implemented
21 January 2020   95

The head of the blockchain company IOHK, Charles Hoskinson, spoke about plans to hold Cardano hard fork in mid-February. He said this during a stream on YouTube.

Hardfork aims to update the Cardano consensus algorithm. During the upgrade, the Ouroboros Bizantine Fault-Tolerant (OBFT) protocol will be implemented.

What changes will occur after the implementation of OBFT, the head of IOHK did not explain. At the same time, he noted that the integration of Ledger hardware wallets with Daedalus wallet software will soon be implemented.

At this stage, the project is negotiating with exchanges, as well as checking the readiness of the infrastructure. Nevertheless, according to Hoskinson, "everything is going well" and they do not plan to postpone the hard fork.