$PAC to release desktop Electrum wallet

$PAC is in active development of the desktop Electrum wallet and is set to release it on April 1
24 March 2018   283

$PAC reported that the development of the Electrum wallet is coming along nicely and expects the release according to the initial schedule outlined in the whitepaper - April 1. The desktop wallet currently is a working prototype and the efforts of the team are focused on various elements of user interface to make it as user friendly as possible. As for the next step for the wallet, it would be the transfer to AWS to make it scalable.

The wallet doesn't download the blockchain using a remote server instead; it can be recovered from a secret seed; the same wallet can be used on different computers with auto-synchronization; and seed or private keys are not sent to the server - verification is performed using SPV. Another interesting feature that is characteristic to $PAC Network on general is a proposal system: proposals allow the $PAC community to vote on community projects if they deem the project is beneficial to the community.

At the moment of the publication the market indicators of PACcoin are as follows:

Average price: $0.007793
Volume (24h): $182,439

Consensus 2018 summit to be held in New York City

4th annual blockchain technology summit - Consensus 2018, will take place in New York City on May 14-16
22 April 2018   32

CoinDesk has announced its 4th annual blockchain technology summit Consensus 2018 on May 14-16 at the New York Hilton Midtown. Along with the discussions on the blockchain technology, the event is going to feature a hackathon, PoW pitch competition and a scholarship award in a partnership with Zcash. Title sponsors of the event include bloq, Deloitte, Ledger, Octagon Strategy and SONM.

Consensus 2018 will feature 250+ speakers and 4,000+ attendees from the leading industry startups, investors, financial institutions, enterprise tech leaders, and academic and policy groups who are building the foundations of the blockchain and digital currency economy. Among the notable speakers there will be Blockstack co-founder Dr. Muneeb Ali, J.P.Morgan blockchain program lead Amber Baldet, eToro CEO and founder Yoni Assia, Hyperledger executive director Brian Behlendorf, ConsenSys founder Steve Cerveny, Athena Capital founder Meltem Demirors and many others.

The full 3-day agenda of the event can be found here.