Baidu to to Ban Crypto Discussions on Its Forum

At the moment, the "digital currency" and "virtual currency" sub-forums are unavailable
27 August 2018   468

The Chinese search giant Baidu, following Tencent, decided to distance itself from the crypto-currency topic by starting to censor and ban topics about the cryptocurrencies on the Baidu Tieba platform. This is reported by the China Times.

Currently, the company has toughened its scrutiny over digital currency and will not allow sub-forums under this theme, based on relevant rules and regulations.

China Times' Source

Currently, the sub-forums "Digital currencies" and "Virtual currencies" are not available, and attempts to search for these keywords lead to the message "This forum is temporarily closed due to non-compliance with existing regulations."

He also noted that these sub-forums were blocked due to the dissemination of information on ICO and speculation by cryptocurrencies.

It is noteworthy that many other sub-forums about cryptocurrencies such as Bitcoin, Ethereum and others remain available.

The Baidu Tieba platform was launched in 2003 and, according to the company, at the moment its monthly audience reaches 300 million active users.

DFINITY to Postpone Internet Computer Launch

The project is currently assessing the time frame for the completion of the MVP
14 December 2018   111

The blockchain project Dfinity reported in its blog postponing the launch of its main product.

Previously, Dfinity chief scientist Dominic Williams said that his company intends to create an “Internet computer that will become cloud 3.0”, compete with Google Cloud and Microsoft Azure, and also change the face of the blockchain industry.

According to him, the project team is developing a technology that has 150 higher performance than Ethereum blockchain and 900 times - Bitcoin. In essence, the project creates a “giant Internet computer”, whose work will be supported not by one company, but by all participants of the Dfinity protocol.

Initially, the release of a minimum viable product (MVP) was planned for the first quarter of 2019. However, according to company representatives, working on a trimmed version may slow down progress in creating a complete product.

The project is currently assessing the time frame for the completion of the MVP. Also, noted in Dfinity, before the end of the first quarter a new set of development tools (SDK) will be released, which will shed light on the future plans of the company.

In August, the Dfinity Foundation attracted $ 102 million of investments in the framework of a closed tokensale. Prior to this, at the beginning of the year, the Dfinity Foundation raised $ 61 million from Andreessen Horowitz and Polychain Capital.