The Crypto Con 2018 to be Held in Mumbai

The Cryptocurrency Event held on March 23 of 2018 will bring leading experts to share knowledge and discuss the opportunities in a best professional environment
01 March 2018   708

The Crypto Con will take place on March 23, 2018 in Mumbai hosting a large number of digital currency enthusiasts, investors and traders, who want to know more about the world of blockchain and cryptocurrency.

The conference will host attendees from more than 10 countries including United States, Russia and the United Kingdom, and will give the participants a unique opportunity to discuss and showcase the recent and upcoming cryptocurrency mining trends while networking with some of the biggest players in the market.

the crypto con 2018 mumbai logoThe Crypto Con 2018 Mumbai logo

The headline speakers include José Alejandro Regojo Barrón (Bitcoin Gold core team member), Francisco “ArticMine” Cabañas (Monero), Michael Gord (Founder & CEO at MLG Blockchain Consulting), Michael Yuan (Chief Scientist and Co-founder at CyberMiles), Matej Michalko (Founder & President at Decent), and many more.

The agenda of the conference covers Digital Currency and Indian Economy-An insider’s insight, Innovations in the cryptocurrency market, Evolution and challenges with an ever-increasing database, Challenges of increased taxation of profits and Barriers in adoption and more.

7 Accounts blocked by EOS BP without Going an Arbitration

EOS is facing another issue just days after its mainnet activation, as the newly elected block producers have frozen 7 EOS accounts on suspicion of being stolen
19 June 2018   48

The backlash began as the block producers did go over arbitration, an integral part of the EOS’s governance system. The critics are certainly questioning the credibility of the project. Jackson Palmer, the creator of Dogecoin and a well-known person in the blockchain industry, questioned the very governance process constructed by EOS and the role of EOS Core Arbitration Forum (ECAF).

The structure of EOS’s governance has been parted into 3 distinct groups - block producers, arbiters, and token holders. This separation resembles the executive, constituency, and judicial, of any governed system respectively. 

On 17 June 2018, the top 21 Block Producers unanimously agreed to protect property that may have been compromised through phishing attacks or other scams where member’s private keys were compromised. The EOS911 initiative was created by EOS42 as a way to prevent victims of private key theft from having their tokens lost once the 72-hour unstacking period ended following the EOS Mainnet Launch. Once that period ended, the thieves would be free to transfer the tokens wherever they’d like, rendering futile any recourse available to the community at this time.
EOS New York, in their recent post

So, in this case, the block producers did not go with the arbitration, rather they only conferred with them. Then the post added:

Foreseeing the process that would be required to act, EOS New York, on a call with BPs and BPCs, requested an expedited review of the merits of the case from ECAF (EOS Core Arbitration Forum) who was also on the call. The idea was that if ECAF found merit in the evidence provided, a formal ruling from ECAF would ask the BPs to “freeze” the accounts in question until such time that a thorough and formal review of the claims could be completed.
EOS New York, in their recent post

This is not the first problem EOS is facing amid its mainnet activation, as within 48 hours of that, the network suspended because of some bug. Though the error only led to a 5-hour network blackout, that is surely not something the team would have expected.