Uncensorable Voting Platform built by 14-Year-Old

A fourteen-year-old developer Alex Pasfield founded ‘Bitcoin Voice' platform that allows uncensorable voting  within the bitcoin cash network
10 April 2018   808

Alex Pasfield, who is also known as ‘Plain Crypto’, started a platform that lets the BCH and BTC community vote on significant subjects by ‘putting their money where their mouth is’ — in a literal meaning. Bitcoin Voice is an app that reveals public messages attached to blockchain transactions that are sourced from live data. The website declares that it “may be utilized as a verifiable voting record of blockchain users weighted by their transaction amounts.”

Pasfield claims that he coded his first programme at the age of nine. It was his dad who had sparked his interest in cryptocurrencies and bitcoin. Alex remembers riding a bicycle with his father who started to explain to him how programming languages work, and he understood the process.

My dad had been teaching me programming at the time and then gave me insight into uncensorable, distributed, peer-to-peer, permissionless, global money systems — And given he and I have somewhat of a libertarian streak, this resonated with me immediately... I was working with some of my smart friends who were building solutions in this space, and we saw the debacle that unfolded with the censorship on the /r/bitcoin subreddit that prevented the community from freely discussing how to evolve the Bitcoin protocol.

Alex Pasfield, a 14-year-old developer.
 

The Bitcoin Voice programmer underlines that there is only one client where you can vote using public label values, which is the Bitcoin Unlimited Cash reference client. Pasfield supposes what is really needed is wallet developers incorporating the public label voting system into their wallets.

Alex has been exploring different scaling problems and aims to propose decisions to figure out how scaling can best be solved for the different coins out there. The young developer also claims that the reason he created the Bitcoin Voice platform is because “coin holders don’t have any official, verifiable voice to influence the coin that they’re invested in.”

SEC to Need More Info on BTC ETF

SEC is gathering more input from the public – to date, according to the agency, more than 1,400 comments have been submitted
21 September 2018   134

The US Securities and Exchange Commission (SEC) announced the beginning of a formal process for considering the application for the creation of bitcoin-ETF from the New York companies VanEck and SolidX. Nevertheless, the agency appealed to the community for more information. This is stated in the document published on the SEC website.

Institution of such proceedings is appropriate at this time in view of the legal and policy issues raised by the proposed rule change. Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved. Rather, as described below, the Commission seeks and encourages interested persons to provide comments on the proposed rule change.
 

The US Securities and Exchange Commission

At the moment, the SEC received about 1,400 comments.

According to the document, the Chicago Board Options Exchange (CBOE) has signed an agreement on the exchange of data on bitcoin transactions, trading and the state of the market with the cryptocurrency trading platform with Gemini.

The agency asked commentators to clarify the position of Gemini in the digital currency market and assess the likelihood of increased volatility at this site in connection with possible trades of bitcoin-ETF.

So, before September 30, the department had to decide on whether to approve, deny or initiate the proceedings. The SEC chose the latter, which is likely to delay the process until the next year.