Binance to Unveil New IEO Details

On April 24 at 8:00 UTC, the tokensale of the Matic Network project will begin, which is a 2nd layer solution for Ethereum with support of the Plasma framework
02 April 2019   504

The largest cryptocurrency exchange Binance announced the tokensale of the Matic Network project, which will begin on April 24 at 8:00 UTC. Note that the sale of tokens for the first time will be carried out in a lottery format.

Matic Network is a second layer solution for Ethereum with support of the Plasma framework and the decentralized network of PoS validators. The project intends to use sidechains for off-cheat computing, which will allow developers to create and maintain various DApps.

1.9 billion MATIC tokens will be distributed through the Launchpad, which is 19% of the total emissions. The price of one token is set at $ 0.00263, however, payment will be made exclusively in Binance Coin (BNB).

The number of winning tickets that will grant the right to purchase MATIC tokens for $ 300 is 16 666. At the same time, one account can receive no more than 5 winning tickets depending on the size of the BNB steak held for 20 days before the start of the tokensale.

OCamlPro May Implement Unplanned Tezos Hardfork

Anyone can fork Tezos' blockchain but Foundation says "OCamlPro management does not have the best interests of the Tezos community in mind"
18 June 2019   304

The non-profit organization Tezos Commons Foundation has published an official statement about a potential hardfork, which may be initiated by the French development team OCamlPro, the company's grantee.

As evidence, the organization published the text of an e-mail allegedly sent by Starchain Capital, a recently registered cryptocurrency fund.

According to the document, the management of OCamlPro and Starchain Capital announced a collaboration to develop and implement a fork of the Tezos blockchain called Dune Protocol in September 2019. The letter also says that Starchain Capital is attracting “investments to finance a separate project.”

Representatives of Tezos recalled that the blockchain can hold forks anyone. The problem, according to them, is the “OCamlPro management does not have the best interests of the Tezos community in mind".

We found the text also includes a number of inaccurate (to put it mildly) statements that are intended to exaggerate the position of OCamlPro leadership. They did not create OCaml, Fabrice was not the ‘teacher’ of Tezos co-founder Arthur Breitman, and the main Tezos engineers who were originally at OCamlPro are now working at Nomadic Labs, not OCamlPro.

Shaun Belcher

Executive Director, Tezos Commons Foundation

However, confirmation of whether the letter is an original or a fake has not yet been submitted.

OCamlPro participated in the Tezos grants program and worked on projects, Liquidity and TzScan. However, OCamlPro refused to fully disclose the code of their products, which is one of the conditions for receiving grants. Tezos Foundation announced the termination of funding OCamlPro in case of non-compliance in the second quarter of this year.

In March, the Tezos blockchain project completed the first round of voting for proposals for updating the protocol. The winning bid was ‘Athens A’, which received 18,181 votes.