Mark Karpeles Plans to Create DLT-Based OS

Ex-head of bankrupt exchange also complains he's not reach today and believes his OS will surpass all existing operating systems
06 June 2019   208

The former head of the bankrupt MtGox bitcoin exchange, Mark Karpeles, announced his intention to “start everything from scratch” by creating a new blockchain project. It is reported by the Japanese edition Mainichi.

In a conversation with journalists, Karpeles noted that his new startup will develop a secure operating system on the blockchain. He also stressed that the new OS will surpass all existing systems on the market by its performance.

The former head of MtGox added that the new firm Tristan Technologies Co. will be registered in Japan, and he will take the post of technical director. Karpeles also expressed the hope that thanks to the solutions being developed by Tristan, Japan will once again become the global technology leader.

My love for Japan has not changed. Japan used to be engineering superpower in terms of its PCs but right now, taking the cloud for example, it's the U.S. that dominates. But I still believe in the potential Japan has and I would like to develop that.

Mark Karpeles

Founder, MtGox

In addition, the ex-CEO of MtGox stressed that currently he does not own any cryptocurrency, which he considers to be a high-risk asset.

I wouldn't say I'm rich today.

Mark Karpeles

Founder, MtGox

Despite the continuation of the investigation into the case of embezzlement, data manipulation and violation of obligations to investors, Karpeles got the job of technical director of the American VPN provider London Trust Media.

1st Alternative Zcash Client to be Created by Parity

The responsibility for the continued development and support of the new client called Zebra will be with the Zcash Foundation
18 June 2019   126

The leading developer of solutions for the Ethereum ecosystem, Parity Technologies, presented the first alternative client for cryptocurrency Zcash.

A new client called Zebra is designed to improve the security of the Zcash network. So, if the original Zcashd client will not be able to operate for some reason, the blockchain will be supported by nodes on Zebra.

In addition, with the help of an alternative client, developers will be able to identify bugs and eliminate defects in consensus.

The community wins across the board, as there are now more core developers working on clients, with more interests represented and clients taking different approaches on how to build apps on top. Zcash can now boast a more diversified community that can effectively tailor experiences for Layer 2 developers as well as end-users.

Fredrik Harryson
CTO, Parity Technologies

The responsibility for the continued development and support of the Zebra will be with the Zcash Foundation.