Shift to release its decentralized explorer by the end of March

Censorship opposer Shift is releasing first version of the decentralized explorer on March 31 with IPFS implemented as a backbone
24 March 2018   518

The startup Shift is on its way to creating a new decentralized web with a dApp ecosystem serving as a backbone and delegated Proof-of-Stake consensus mechanism. An important step is going to be made on March 31: Shift will release its explorer. The explorer uses sockets so that messages are pushed to the client and the webpage in the browser doesn't need to be refreshed manually. Major problem prior to the release was to distinguish frontend and backend: it prevented the explorer from having the socket client at IPFS and a socket server at the explorer nodes.

Now, the frontend is split from the backend, the explorer is now running on Phantom - the storage layer of the Shift network where users can submit their files for long-term storage. Thus, the data is fetched from dedicated nodes. With this introduction, Shift Explorer is hosted on Shift IPFS cluster and can communicate with a global pool of decentralized nodes. Apart from ordinary users, website operators can serve their entire website from the Shift storage cluster. And the explorer will be the first example of an "in-real-time" dynamic and decentralized website.

At the moment of the publication, the market indicators for Shift are as follows:

Average price: $2.06

Market cap: $24,455,693

Volume (24h): $147,364

Barclays to Freeze Crypto Trading Project

This is reported by two anonymous sources to Financial News London
15 October 2018   100

One of the largest UK bank Barclays has suspended work on its own crypto-trading project, Financial News reports citing two sources familiar with the situation.

Earlier this year, the bank gathered a high profile team to explore opportunities for cryptocurrency trading as part of its own business. However, according to one source, the initiative was “frozen”.

The former head of Barclays for energy trading, Chris Tyrer, who headed the “digital assets project,” left the bank in September after management decided to freeze the initiative.

Together with Tyrer, the macro-strategy in the field of foreign exchange and emerging markets was Marvin Barth, Senior Technical Specialist Lee Brain, and Consultant Matthew Jobb Duval.

Their task was to determine whether cryptocurrencies are an asset class with far-reaching prospects, whether Barclays customers are interested in them and what type of IT infrastructure will be needed to work with them, the source said.