CoinDesk’s Consensus 2018 Conference started on May 14

A three-day conference beginning today, on May 14: R. Sluymer, B. Barhydt, V. Buterin, OmG, P. Szilágyi express their points of view about the event
14 May 2018   157

The conference is devoted to blockchain technology, which is claimed to be at the very basement of the next-generation technological revolution. This activity is suggested to boost projects’ development and jobs creation possibilities in the blockchain sphere.

The euphoria around the matter reveals that despite the crypto-market valuations have halved since the start of 2018, it has not kept the confidence of industry players and giants. Although, Robert Sluymer supposes that the Consensus can assist to decrease the regulatory pressure and also could provide the next successful step in the development of crypto industry.

Bull-bear scenario developing where folks are arguing it’s getting lower. Our view is this is a much bigger bottom that has developed. If that’s the case, this pullback will be relatively shallow. It’s already pulling back from the 200-day. It’s sitting just above the 50-day moving average. So, between the $8,800 and $8,200 – and I know it’s a big range – but that’s where we will see support and we think Bitcoin continues higher from here.
Robert Sluymer,
Managing Director and Head of Technical Research, Fundstrat Global Advisors

So, he is sure that Bitcoin and other cryptocurrencies are at present in the recovery phase and the Consensus will become a big catalyst for the next bull-run. This idea is also supported by Bill Barhydt:

Clearly there’s a lot of money to be made in the enterprise IT world, and blockchain seems to be the flavor of the month. This represents an opportunity for companies that are trying to jump on that bandwagon to take advantage of that confluence of factors at the same time. Obviously, there’s a lot of money moving around in terms of sponsorships. We’re getting requests every day to sponsor.
Bill Barhydt,
CEO, mobile-based cryptocurrency storage app ‘Abra'

As for Ethereum Co-Founder Vitalik Buterin, he is boycotting the Consensus conference and also strongly encourages others to do the same. Vitalik explained his decision in his Twitter. He claimed the following: Coindesk is taking part in enabling giveaway scams (then Buterin refers their latest article on OMG, which *directly links* to a giveaway scam).

OmiseGo has also supported Buterin by announcing that they will not be present at the conference.

Ethereum developer Peter Szilagyi has also reported that CoinDesk had not included his feedback, which the publication had needed on the issue of EIP 999.

Peter Szilagyi in his Twitter
Peter Szilagyi in his Twitter

Vitalik Buterin in his Twitter
Vitalik Buterin in his Twitter

Buterin has also charged CoinDesk of overcharging the conference participants:  “The conference costs $2-$3k to attend. I refuse to personally contribute to that rent-seeking.” Amber Baldet, the former head of blockchain at J.P. Morgan agrees with him on the problem of high-cost events stating that the irony of high-priced conferences is they’re the ones least likely to be paying speakers within the community, who care the most & need the platform to share new work.

PascalCoin to activate V3 Hard fork

PascalCoin V3 Hard fork will be activated on block 210,000 on May 31 and feature anonymity via transaction mixing and inflation reduction
26 May 2018   39

PascalCoin is preparing for V3 Hard fork scheduled for May 31. It will introduce key improvements as such:

  • anonymity transaction mixing;
  • 50% inflation reduction;
  • Lazarus/FPC gets 10% of funding

To get more into the details:

PascalCoin transactions occur between publicly visible accounts and the crucial aspect needs to be implemented - fungibility. The improvement will allow users to perform 'client-server mixing', 'network-protocol mixing', 'chaining multi-transactions', 'decentralized exchanging' and 'monetized-API mixing'.

As for Lazarus/FPC (a base tooling from which PascalCoin is founded on), a total of 10% of the Developer Rewards is recommended to be allocated for the FOSS project funding. In a long run, a large developer mind-share is expected to reduce costs significantly.

To learn more about the details of the fork, you can visit Improvement Proposal page here. And regarding the market characteristics of PascalCoin, at the moment of publication they are as follows:

Average price 0.765895 USD
Market cap 15,978,408 USD
Volume (24H) 89,861 USD