Kik'ing tires

🍂 🍂 November 17, 2017 🍂 🍂

"A home without books is a body without soul." – Marcus Tullius

Got this from a friend? SUBSCRIBE HERE

THE FEATURE

Kik Might Just Move Its ICO Tokens to a New Blockchain


So much movement, but where to settle down?

That appears to be the question of more blockchain projects, befuddled by questions with perhaps unknowable answers. After all, while many blockchains are certainly live, some close to their operational vision, these remain nascent networks.

No surprises there. But, it seems startups are learning that just because a feature set is sufficiently mature, a blockchain's economy might not be on par.

Take the news today that social messenger Kik is exploring options of where to host its ICO tokens. Planned for launch on the ethereum blockchain, it seems Kik is testing the waters, maybe seriously, maybe not, looking to see if affordable options may arise.

Who pays for the blockchain? Asked by contributor Wayne Vaughan in 2016, it remains a pertinent question. It remains unclear how tokens will be impacted by the costs of their host networks long-term.

Kik's explorations ahead could prove pivotal, and one would hope they might be more open about their findings. We have much to learn.
Read the whole story
Tweet
Share
⭐ COINDESK SPONSOR 


Nuggets is a revolution in payment, privacy & security.
Here's Why You Should Join.




For too long, we have all been handing control of our sensitive private data to countless online services. That data is vulnerable to breaches, hacks and abuse. It's time to take back control of our data. Nuggets makes that possible – and easy. Join the revolution in payment, privacy and security.

Learn More

Wait, there's more:

American Express Opens First Blockchain Corridor With Ripple Tech
American Express just had its "Charles Lindbergh moment," using Ripple's blockchain to connect Santander clients in Europe and the U.S.

New Highs in Sight? Bitcoin Moves Back Above $7,500
Bitcoin is showing no signs of stopping its recent upwards surge. As prices climb once again, are new highs on the horizon?

Kik Might Just Move Its ICO Tokens to a New Blockchain
A high-profile ICO project is re-evaluating whether it will stick with the ethereum network or shift to a more scalable and lower-cost solution.

Moldova Eyes Blockchain IDs to Help Curb Child Trafficking
Moldova is considering teaming with a U.N. blockchain identity project to help combat child trafficking in the country, according to a report.

Morgan Stanley CEO: Bitcoin Is 'By Definition Speculative'
Morgan Stanley Chairman and CEO James Gorman has added to recent criticism of bitcoin in new comments.

Lightning Only? Scaling Bitcoin Might Require A Whole 'Nother Layer
A new paper outlines an additional layer to the Lightning Network that would make payment channels even more scalable.

'Big Four' Firm KPMG Joins Blockchain Advocacy Group
'Big four' consulting firm KPMG has announced it is joining the industry trade group, the Wall Street Blockchain Alliance.

India's Supreme Court Prods Government on Bitcoin Regulation
The court asked India's central bank and several government agencies to respond to a petition that expressed concern about tax dodges and ransomware.

Tezos Founders Hit With Second Class Action Suit
A second class action lawsuit has been filed against the founders of blockchain startup Tezos, alleging violation of U.S. securities law.

Brokerage Chief: Bitcoin Futures Must Be Quarantined
A well-known electronic brokerage firm is issuing dire warnings against the CME Group's plan to launch a bitcoin futures contract next month.

Fujitsu Eyes Cryptocurrency Trading With Cross-Blockchain Payments Tech
Japanese IT firm has unveiled a new payments technology designed to facilitate transactions between blockchains.

Alleged Bitcoin Launderer Faces Extradition Hearing Next Month
An alleged money laundered tied to the BTC-e bitcoin exchange and wanted by both Russia and the U.S. will attend an extradition hearing next month.

Wealth Manager Canaccord: ICOs Could Become Commonplace
Initial coin offerings (ICOs) could one day come to be seen as similar to inital public offerings (IPOs), according to a new report.

Parity Team Publishes Postmortem on $160 Million Ether Freeze
Parity has released new details on how a critical code flaw resulted in the freezing of $160 million worth of ether.
Go to CoinDesk
 BTC: $7,433.64 +2.12%
ETH: $330.28 -0.99%

@8:00 EST - More price details
👋 CoinDesk is Hiring 👋

Come join our great team here in New York City!
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?
You can update your preferences or unsubscribe from this list

Post a Comment

0 Comments