Jimmy Song news
Bitcoin book for American policymakers gets 5x funding on Kickstarter
A group of eight Bitcoin (BTC) enthusiasts launched a Kickstarter campaign to publish an educational book for America’s federal policymakers, to reduce their reliance on the traditional media narrative on cryptocurrencies. The campaign managed to attract $23,151 in funding, nearly five times the goal of $5,000. The book was conceptualized soon after the United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which mandates stringent reporting requirements for the crypto community. According to the authors: “We set out to write a book to help policymakers understand where Bitcoin users are from and what they care about. We …
Adoption / Dec. 19, 2021
Chainlink Taps New Partnership to Tackle Oracle Problem
Chainlink, a major smart contract technology supplier, has tapped a new partnership to streamline one of the biggest issues around smart contracts. According to a March 11 tweet, Chainlink has partnered with Hdac Technology, a blockchain startup founded by Dae Sun Chung, CEO of software firm Hyundai BS&C and member of the Hyundai family. By bringing their forces together, the firms intend to jointly develop a system for delivering off-chain data on blockchain in an attempt to bolster smart contract execution. Specifically, Chainlink and Hdac will be addressing the blockchain oracle problem, which is considered to be the biggest obstacle …
Technology / March 11, 2020
Jimmy Song Highlights Decentralization as Key to Success of Bitcoin Over Altcoins
Perceptions of Bitcoin (BTC) versus altcoins changed forever in 2018, as the largest cryptocurrency separated itself from the rest, Bitcoin developer Jimmy Song wrote in a blog post on Dec. 31. An ardent defender of Bitcoin’s decentralized values, Song, who is also a frequent social media commentator, argued that last year “showed [...] what Bitcoin Maximalists have been saying all along.” “Bitcoin is different because Bitcoin is decentralized,” he summarized, adding: “The advantages of decentralization are often subtle and easy to dismiss, but they are real benefits.” One of many sources to have criticized the initial coin offerings (ICO) market …
Decentralization / Jan. 1, 2019
Crypto World ‘Absolutely, Definitely in a Bubble’: Jimmy Wales at BlockShow
The second day of the BlockShow Europe 2018 conference kicked off with a keynote speech by Wikipedia co-founder Jimmy Wales. Wales said that cryptocurrency and blockchain are “in a bubble” Tuesday, May 29. Speaking as part of a presentation on the objective future of crypto assets versus their representation in the press, the veteran internet entrepreneur delivered frank words about the nascent industry. “I think this is a space where we’re in serious need of real journalism,” he began. “...Right now, we are in a bubble, the cryptoworld is absolutely, definitely in a bubble. I don’t think there’s many people …
Bitcoin / May 29, 2018
Bitcoin Developer Jimmy Song To Train And Pay Bitcoin Devs In ‘Platypus Labs’
Jimmy Song, Bitcoin developer and venture partner at Blockchain Capital, has announced a new initiative called Platypus Labs, designed to educate and compensate Bitcoin (BTC) cryptocurrency developers. Platypus Labs will focus on training developers to specifically work with Bitcoin Core, but it could eventually expand to covering developing other altcoins. Blockchain Capital will be funding the education endeavor, as Song sees their position in the Blockchain “ecosystem” as “having a connection to a lot of different companies while maintaining independence.” As to where the inspiration came from for Platypus Labs, Song told Cointelegraph, “Part of my joining Blockchain Capital was …
Bitcoin / Feb. 22, 2018