New Year brings new Bitcoin Fork

World Bitcoin, the new hardfork of Bitcoin, was implemented on 12 of January, at block 503 888
15 January 2018   1104

At block 503 888, (January 12), another crypto-currency was separated from bitcoin. The new fork was called World Bitcoin (WBTC). And if the goal of other hard forks is to develop new functions designed to overcome the limitations of bitcoin, WBTC will focus, according to the website, on building a "global application infrastructure". This is reported by Bitcoin.com.

The total amount of WBTC will be 2.121 billion, of which 21 million will remain under the control of the WBTC Foundation, which will use them for marketing, building a global ecosystem and developing new functions. Bitcoin holders can receive WBTC in a ratio of 1 BTC: 100 WBTC.

According to official website, these are the milestones of the new coin for the nearest future:

  • 2018.06  Establish gamification ecological chain
  • 2018.09  Establish copyright ecological chain
  • 2019.03  Establish the content distribution ecological chain
  • 2019.07  Establish blockchain digital e-commerce chain
  • 2019.12  Establish blockchain network card (CTID)

The World Bitcoin team stated that one of its advisors is Sean Zou, president of Xunlei Ltd. (NASDAQ: XNET). Xunlei itself issued an official statement on Monday saying that Sean Tsu is not related to the WBTC, noting that investors should take a more responsible approach to their work, instead of blindly believing rumors.

The project code is available on GitHub, one WBTC support in purses has not yet been implemented.

tZERO to Launch Bitcoin Trading App

Application itself is being developed by Bitsy; it may also begin to support Ethereum in the future
22 March 2019   125

The security tokens platform tZERO announced plans to launch a mobile application for buying and selling bitcoin. In the future, the application may also begin to support Ethereum,  CoinDesk reports.

According to Saum Noursalehi, CEO of tZERO, applications for iOS and Android devices should be launched in June. Bitsy is developing it, a cryptocurrency start-up that is part of the portfolio of the Overstock venture division of Medici Ventures.

That’s part of the reason we acquired Bitsy — to accelerate time to market for our mobile app. They have an app for trading crypto, primarily bitcoin, in a beta-phase, they built a wallet and key recovery mechanism, and this will be the foundation of the mobile app for tZERO. They are also working on some cool stuff like biometric login. 
 

Saum Noursalehi

CEO, tZero

According to him, the application will allow you to store cryptocurrency without the need to trust third parties and it will be connected to the network of exchanges through the API. The implementation of this plan will occur through partner tZERO, the institutional trading platform SFox.

In the future, the head of tZERO added, the platform also intends to create its own cryptocurrency vault to meet the demand from users.

The public beta testing of Bitsy wallet started in November 2018. With his help, the Overstock retailer plans to launch Bitcoin sales on its website.