El Petro to Consider Us Ban As Advertisement

According to executive secretary of the Venezuelan "Blockchain Observatory", number of new El Petro investors doubled after Trump's sanctions
09 April 2018   605

According to the executive secretary of the Venezuelan "Blockchain Observatory" Daniel Peña, the sanctions imposed by President Donald Trump on El Petro are, in fact, "free advertising" of this cryptocurrency. This is reported by CCN.

Peña assures that the decree prohibiting US citizens from any operations with "oil-rich" cryptocurrency helped to double the number of investors interested in El Petro.

During an interview with the local edition of Cuatro F, Peña expressed the opinion that cryptocurrencies and the underlying technology of blockchain are "important steps for the revolution of mankind".

I answer you like Earle Herrera [a Venezuelan journalist] when he said that I do not know anything about cryptocurrency, nor do I have clarity about the evolution of the digital currency; But if US President Donald Trump gives it time, imagine that. A person so busy giving it his time, that means we’re on the right path.

Daniel Peña

Executive secretary, Venezuelan "Blockchain Observatory"

Thus, he believes, US sanctions caused the so-called "boomerang effect" in the form of increased interest in the El Petro project. According to Peña, if earlier there were about 400 investors a day, then after the introduction of sanctions by Trump, this number doubled.

Asked about when to improve the state of the Venezuelan economy, Daniel Peña responded as follows:

Petro’s impact will be felt within three to six months. We have already advanced fast. As the gringos know that we are going to quickly reorganize our economy, they attack the Bolivarian Government; but they will not stop the economy’s growth, they know it.

Daniel Peña

Executive secretary, Venezuelan "Blockchain Observatory"

One of the largest exchanges Bitfinex refused to list El Petro (PTR). Also, there is no "oil-backed" cryptocurrency on the popular analytical service CoinMarketCap.

Сould you please attach your email address for us to send you the most interesting ICO's rating and reviews. No spam.

Tezos Bug to Slow Down the Network in 20 Times

The issue looks fixed now and Tezos network works in the standard transmission mode
25 September 2018   165

In the main network of the Tezos block project, a bug was discovered one week after its official launch. According to tzscan.io, on August 24, due to the vulnerability, the release time of the blocks increased from 1 to 20 minutes.


The user of the service for hosting IT projects GitLab under the nickname "Jérémie" reported on block freezing for 45 minutes. Later in Riot chat he learned that developers are aware of the problem and they are working on its solution.

Bug between the baker and the node. The two communicate over json but the json serializer incorrectly handled some control characters. Immediate fix was to patch the serializer. Medium term fix is that the baker and node really should communicate using the binary RPCs instead.

murbard at Reddit

Soon after the discovery of the bug, one of the developers posted an urgent fix at GitHub, which was proposed to be installed by all the bakers. Currently the Tezos network operates in normal mode, and the units are released every minute.

As of September 25, 08:00 UTC network of Tezos worked in the standard transmission mode - 1 block per 1 minute