Oyster to Release Mainnet in April 2018

Oyster will release the Mainnet in April 2018 including refinement of the software, the addition of the Distributed Reputation System and more
28 March 2018   1167

Oyster is a protocol for storing data on the IOTA Tangle, which lays the foundations for the next decentralized web. Oyster distinguishes itself from other projects by having a fully specified protocol definition in the whitepaper, and engages development within the ethics of decentralization.

According to the roadmap of Oyster, it will release the Mainnet in April 2018, including refinement of the software, the addition of the Distributed Reputation System, aiming to make Oyster fully functioning and available for use with the integration of the Oyster Contract.

It is worth noting that in February 2018 Oyster has already released the Testnet with Protocol logic concerning Web Node operation in Alpha status. In the future, Oyster plans to let the users write and execute Decentralized JavaScript applications on the Oyster Network.

At the moment of press, these are main market parameters of Oyster:

Average price: $1,05
Marketcap: $75 160 951
24h volume: $745 534

Bakkt to be Launched in December

It is also reported that Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure
19 October 2018   53

The expected launch of the Bakkt will take place on December 12 of this year. It is reported by The Block, citing informed sources.

Also, the material states that the investment bank Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure. At the same time, the bank is considering the possibility of trading futures on a new platform.

In a recent Fortune interview with Bakkt, Kelly Lofler said that the cryptocurrency market is on the verge of a revolution comparable in size to the one that occurred on the energy market in the early 2000s.

Greater institutional participation in the digital asset markets requires secure and regulated custody solutions. We are impressed by BitGo’s product, unique services, and the management team. We view our investment in BitGo as an exciting opportunity to contribute to the evolution of this critical market infrastructure.
 

Rana Yared

Managing director, Goldman Sachs’ Principal Strategic Investments group

Bakkt is a cryptocurrency unit of the Intercontinental Exchange (ICE), which is the operator of the New York Stock Exchange. Giants such as Microsoft and Starbucks are taking part in creating of the new project, which is positioned as an “ecosystem for digital assets”.

The new platform will offer deliverable bitcoin futures to the market (unlike the settlement contracts for CBOE and CME, these are based on the underlying asset). The platform will support multiple fiat currencies.