Monero's Lead Developer to Create Tari Protocol

New protocol, built on Monero's network may include loyalty points, concert tickets and in-game items
23 May 2018   807

Based of the Monero network, a new protocol for digital assets called Tari will be created soon, CoinDesk reports.

According to the authors of the new protocol, Tari will focus on tokens with unique characteristics that contain information about ownership rights (for example, loyalty points or virtual goods). Also, developers note that their protocol will allow issuers of digital assets to participate in the secondary market.

Leading developer at Monero Ricardo Spagni will take part in Tari development. The project website noted that the new protocol will "support any kind of digital assets" and is capable of processing "many thousands of transactions per second".

If you have a decentralized distributed trustless system that supports non-fungible tokens that enforces the rule sets around digital assets, that changes the game because now you have an opportunity for consumers to trade those digital assets. We don't want to make a lot of future statements, we just want to prove ourselves along the way and we think that's a great way to build trust and build our community. 
 

Naveen Jain

Tari

He believes protocols and networks looking at specific use cases may be more useful than general-purpose ones.

Billionare's Wife Kidnappers to Demand €9M Worth XMR

Anna-Elizabeth Falkievik Hagen was allegedly abducted from her home, although the law enforcement agencies found no sign of hacking
10 January 2019   150

In late October, the wife of one of the wealthiest entrepreneurs in Norway, Tom Hagen, was kidnapped. The kidnappers are demanding a ransom of € 9 million in Monero, according to Norway Today.

Anna-Elizabeth Falkievik Hagen, 68, was allegedly abducted from her home, although the law enforcement agencies found no sign of hacking. A note with a ransom request was also found there.

Note that Interpol and Europol are involved in the investigation of the case of Falkievik, and the fact of the abduction was kept secret for a long time for security reasons.

Today, January 9, the police confirmed that Falkievik was abducted, and communication with the criminals takes place exclusively through some kind of "electronic platform". In addition, in December, the kidnappers could not provide evidence that she was still alive.

Probably the Falkievik case is the first time in Norway when a ransom is demanded in a cryptocurrency equivalent. Nevertheless, the police recommended that the criminals be denied their claims.

Tom Hagen is the founder of Elkraft AS, a power supply company. His fortune is estimated at 1.7 billion NOK (€ 170 million).

Earlier, employees of the local prosecutor’s office in Kiev and the National Police of Ukraine detained two suspects accused of stealing a miner in March of this year and stealing $ 50,000.

Now they face up to 15 years of imprisonment for robbery committed by a group of individuals in a preliminary conspiracy, infiltration and theft in a particularly large scale.