Radix to Replay All BTC Transactions in 15 Minutes

Radix is developing a DLT alternative, with which it has a lot of common, but at the same time it is more scalable and easier for devs to work with
13 June 2019   550

The Radix project had conducted visual testing of the capabilities of its technology in a “live” format.

According to the announcement on Twitter, testing begun 12.06 at 9:30 Eastern time. During the process, Radix promised to reproduce all transactions from the Bitcoin blockchain, that had been recorded there for 10 years of cryptocurrency existence. The entire procedure is expected to take less than one hour. Thus, the project intends to demonstrate the bandwidth and scalability of the solution created by it.

Team was able to perform successful test in 15 minutes. That's 4 times less than expected. Impressive result.

Radix is developing an alternative to the blockchain technology, with which it shares characteristics such as decentralization and protection against unauthorized access, but at the same time it is more scalable and easier to handle for developers. To do this, the project uses database sharding, which ensures linear scalability of registries.

OCamlPro May Implement Unplanned Tezos Hardfork

Anyone can fork Tezos' blockchain but Foundation says "OCamlPro management does not have the best interests of the Tezos community in mind"
18 June 2019   304

The non-profit organization Tezos Commons Foundation has published an official statement about a potential hardfork, which may be initiated by the French development team OCamlPro, the company's grantee.

As evidence, the organization published the text of an e-mail allegedly sent by Starchain Capital, a recently registered cryptocurrency fund.

According to the document, the management of OCamlPro and Starchain Capital announced a collaboration to develop and implement a fork of the Tezos blockchain called Dune Protocol in September 2019. The letter also says that Starchain Capital is attracting “investments to finance a separate project.”

Representatives of Tezos recalled that the blockchain can hold forks anyone. The problem, according to them, is the “OCamlPro management does not have the best interests of the Tezos community in mind".

We found the text also includes a number of inaccurate (to put it mildly) statements that are intended to exaggerate the position of OCamlPro leadership. They did not create OCaml, Fabrice was not the ‘teacher’ of Tezos co-founder Arthur Breitman, and the main Tezos engineers who were originally at OCamlPro are now working at Nomadic Labs, not OCamlPro.
 

Shaun Belcher

Executive Director, Tezos Commons Foundation

However, confirmation of whether the letter is an original or a fake has not yet been submitted.

OCamlPro participated in the Tezos grants program and worked on projects, Liquidity and TzScan. However, OCamlPro refused to fully disclose the code of their products, which is one of the conditions for receiving grants. Tezos Foundation announced the termination of funding OCamlPro in case of non-compliance in the second quarter of this year.

In March, the Tezos blockchain project completed the first round of voting for proposals for updating the protocol. The winning bid was ‘Athens A’, which received 18,181 votes.