Fragmented development

Bitcoin over $1,000 - IRS vs Coinbase delay - Fund data on the blockchain - Litecoin might go for SegWit - Polish bitcoin businesses - BT patent - Bitcoin not so private View this email in your browser February 3rd, 2017 "Do the difficult things while they are easy and do the great things while they are small." – Lao Tzu Got this from a friend? SUBSCRIBE HERE In an opinion piece, Matthew Spoke, CEO and founder of Nuco, looks at the challenges facing enterprise blockchains and their users.   He points out that many end up building on a broad, flexible network such as ethereum. However, they tend to see it as a template to customize, rather than what it was designed for: a protocol powering a single global network.   According to Matthew, this approach has led to fragmented development and incompatible systems, which is contrary to the platform's initial vision, and potentially detrimental to the sector's compatibility.   He proposes a different approach: instead of focusing on creating bespoke systems for specific needs, enterprises should look for solutions using app-style modifications that run on top of widely-used protocols.   This will allow for specialization while maintaining compatibility, he argues, as well as enable all to benefit from the network effects and from continuous improvement in the underlying software.   Read the whole story Tweet Share WHAT DO YOU THINK? Will blockchain disrupt venture capital? Is the lack of legal framework a barrier? Do you think ICOs are safe? We would really appreciate your feedback for our forthcoming State of Blockchain 2016 report. 🎉 TAKE THE SURVEY 🎉 Wait, there's more: IRS Seeks to Delay Hearing in Coinbase Data Dispute New court filings show that the IRS is seeking to delay an upcoming hearing in its ongoing court dispute with digital currency exchange Coinbase. The agency said it is weighing further action as the case moves forward. Read more.   Bitcoin's Price Inches Above $1,000, But Will It Last? Market insiders spoke to CoinDesk about the significance of breaking through both the $1,000 and the ¥7,000 levels, and argued that the market is slowly shedding the fear that China's central bank will take drastic action against bitcoin. Read more. Major UK Telecom Seeks Blockchain Security Patent BT submitted a patent application last July for a system that monitors blockchain transactions in an effort to detect malicious attacks. Read more. Litecoin Moves to Adopt Bitcoin's SegWit Scaling Upgrade While adoption on bitcoin's network seems to have stalled, miners on alternative blockchain litecoin can now begin signaling support for SegWit. The threshold for roll-out is 75% support, vs bitcoin's 95%. Read more. Irish Fund Managers Investigate Blockchain-Powered Data Reporting A trade group for investment funds in Ireland is developing a blockchain platform on which both institutions and regulators can oversee relevant data. Read more.   Polish Regulator Recognizes Bitcoin Businesses Poland's Central Statistical Office has recognized the trading and mining of virtual currencies as an official economic activity, and will allow companies active in the industry to register with the agency. Read more. Bitcoin's Privacy Gets 'Failing Grade' in 2016 Threat Report A new report by the Open Bitcoin Privacy Project highlights the security vulnerabilities in the bitcoin ecosystem, focusing on threats to privacy. Read more.   Go to CoinDesk BTC: $1,015.86 +2.3%  ETH: $10.90 +2.2% @10:00 EST - More price details JOB LISTINGS GENESIS TRADING - Sales Marketing Associate The Sales and Marketing Associate is a sales-support position, responsible for identifying and contacting prospects, with the expectation of bringing revenue-producing clients into Genesis' digital currency business lines. More info. GENESIS TRADING - Research Associate The Research Associate will support the continued growth and expansion of the business, and will proactively assess new market opportunities and products within the digital currency space. More info. PRESS RELEASES   30, Jan - Press Release: CoinDesk Acquires Lawnmower, Accelerating Growth in Research Offerings 25, Jan - Press Release: Bitcoin Faucets become the new entry points for Bitcoin in developing countries 25, Jan - Press Release: Wall Street Blockchain Alliance Adds OTC Exchange Network as Corporate Member It's Friday!! And seriously, where did January go? 😲 If the year is rushing by for you as well, that means that you've got a lot going on, which is good. We can help you to keep up with blockchain news, which just might free up some of your time.  Let us know how we can improve on that! Just hit "Reply", we'd love to hear from you... Copyright © 2017 CoinDesk, All rights reserved. You're receiving this email because you subscribed for updates on our website. Our mailing address is: CoinDesk 636 Avenue of the Americas New York City, NY 10011 Add us to your address book Want to change how you receive these emails? 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