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Mining at ETH, blockchain at Kroger security token offering and Taiwan

03/05/2019
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  • Taiwanese_STO
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Ethereum emission recovered, Kroger refuses Visa and may switch to Lightning Network. The authorities in Taiwan are preparing laws on the adoption of security token offering.

ETH mining speed increased to 12.5 seconds per blocks

After the hard forks in the Ethereum blockchain, the generation of new blocks reached a level of 50 units per minute. That is, each new block is generated in 12.5 seconds. This happened despite the fact that the reward was reduced to two coins. At the same time, the blockchain hashrate fell.

Constantinople, held on February 28, canceled the “complexity bomb”, which hampered the creation of new ETH coins. Previously, this had to spend at least 20 seconds. Despite the fears of the community, this time hardfork passed without visible complications. Also, no vulnerabilities or violations of the stability of the blockchain operation have been identified.

ETH mining speed increased to 12.5 seconds per blocks

Kroger will replace Visa with the Lightning Network payment system

Kroger has refused to cooperate with Visa since April 3, 2019. This is due to the fact that the processing center charges too much commission from large retail outlets. The head of Morgan Creek Digital Anthony Pompliano responded to this event. He suggested that the retailer move to transactions through his Lightning Network system.

If negotiations end successfully, then Kroger will become the largest network that has switched to blockchain. Perhaps Californian retailer Foods Co. will join the process. Both chains unite almost 250 supermarkets and gas stations.

Kroger will replace Visa with the Lightning Network payment system

In Taiwan, will introduce rules for the turnover of security token offering

It is expected that in June 2019, the Taiwan authorities will allow the turnover of a new financial instrument - security token offering (STO). This will help beginner fintech companies and startups to raise funds on transparent terms.

The regulatory framework is developed by the Financial Supervision Commission (FSC). According to the rules, entrepreneurs will have to have a certain amount of initial capital. Then they will be able to release their financial obligations on the blockchain, which will be traded in the sandbox. If the amount of investment is below the threshold of $ 1 million, then the rules of the crown funding business will be applied to the companies. In the rules there are restrictions and the amount of investments from one investor, about $ 1600. However, while the exact amount is not defined.

Security token offering as an analogue of the ICO

In Taiwan, will introduce rules for the turnover of security token offering

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