Weekly Report – April 15, 2019

Introduction

Another week in Cyber Republic land means another week of big news and fascinating updates. The Elastos Foundation’s senior members, Rong Chen, Feng Han, and Kevin Zhang, have been very busy recently. Rong just did an interview with SVP Crypto, as well as answered questions from community members in a separate Q&A medium article. Feng Han and Kevin Zhang spoke with representatives of the World Bank and how they will collaborate through the Manhattan Project. It was just announced that Elastos has been invited to the 2019 Asia Pacific Blockchain Financial Summit. More news came out on the status of ELA merged mining. There are now four of the top 10 Bitcoin miners merged mining ELA. BTC.com even announced 100% of its hashpower is into ELA merged mining. Elephant Wallet has a new website and the Hyper.IM dApp just came out for iOS. 

In this weekly, there’s an interesting article on where the concept of Decentralization came from and how it moved through history.  There are additional updates as always in the supernodes list.

We also have an ambition-riddled interview with the CR News and Social Media Team Lead, Kenneth K who is seeking to build far more than anyone may imagine with his active team.  

Lastly, we’ll be sharing another “Moments With KP,” a hit segment in one of our prior Weekly Updates. Oh, and if you’re a developer, KP will be running a new online Developer’s workshop regularly.

Moving on to the news.

Rong has been very busy with the crypto and CR community in the last week. He had an in-person interview with SVK Crypto at Token 2049 in Hong Kong, China. https://www.youtube.com/watch?v=pIQhDO-uOiE&feature=youtu.be

This was a great overall discussion on the state of the internet. Rong eloquently explained how the current internet doesn’t have IDs and are prone to DDoS attacks and data theft. He goes on to discuss how this new Smart Web needs to be a trading economy with fungible assets. One particularly great line was, “Anti-Piracy is the base of the Smart Economy”. 

Elastos will solve this issue by ensuring that only the owner of data can view and control their data. The person with a DID attached to the customized Virtual Machine will be the only one that can view and trade that asset. Rong also boldly states that no apps, services, or IoT devices should have direct access the Internet. It’s the Elastos Carrier that gives the user entry through the Web, while shielding it from its unsavory attributes. Rong ends with an informative tidbit about digital ownership and resistance to company shutdowns.  He poses this question: “If CryptoKitties website gets shut down, can I still run my Kitty?” This is another great problem that Elastos and the CR will solve in terms of ensuring that the user with always have access and be able to run their own digital assets, regardless of if a centralized company goes under.

Rong made himself available for a community Q&A: https://news.elastos.org/rong-chen-answers-community-questions-2/

In it, several topics are covered including an idea for an autonomous credit card side chain: “Imagine where a user deposits 100 ELA as collateral to receive 100 dollars credit for shopping which only needs to be cleared once per day (or hour), as opposed to after every transaction. I could imagine that the credit-card transaction software services would be very similar to today’s high speed and fault tolerant ones, except that they would not be executed on a credit-card company’s website, but rather on the decentralized Elastos Carrier.” 

While there are some concerns about scalability and performance, he foresees different technologies for different scenarios to address these potential issues. He mentioned that the CR is an ever-evolving ecosystem where only the strong survive. He hopes there will be more projects funded through the CRC and believes that each will make an impact on their respective markets. Rong also stated that the EF staff will be working on the infrastructure of the Smart Web for the next year and a half in order to properly execute its plans to incorporate Digital Capsule, a SmartWeb equivalent of URL, Personal Cloud Computer (PCC, SmartWeb equivalent of website), and the Native Runtime (native CPU instruction runtime, the ultimate SmartWeb virtual machine for DApps).

To all prospective Supernode members, here’s a word from Rong regarding who he will vote for in the upcoming DPoS Elections: “My votes will be cast in the direction of the nodes which prioritize network locale distributions and the diversity of software implementations, e.g., some hosted on Linux, some hosted on Ubuntu subsystem running on Windows, to improve the robustness and efficiency of the Elastos SmartWeb network.” Make sure to diversify your SN setups in order to win over Rong’s vote! 

Next, Rong breaks down Elastos’ relationship with TOP Network. TOP is a routing option for the Smart Web which allows Elastos to secure internet communications better. This is one of many routing solutions Elastos (Titan, Viewchain) has implemented in its new Smart Web. Rong and KP then went over the topic of coding on Elastos. Rong explained that Component Assembly Runtime (CAR) is the most used program in the Elastos code. He goes on to explain its functionality and suggests for developers to build on Trinity or React Native platforms once they are fully ready. KP then chimes in and recommends people can code in any programming language sinnce an API can be interacted with from any of them: “This is how a developer is able to utilize various SDKs such as Java, Android, and Swift SDK for Elastos Carrier while targeting all platforms – PC and mobile.” KP also explains that in order to work in Trinity browser you must know a Javascript based framework called Ionic. Thanks to Rong and KP for addressing questions from the community!

Feng Han and Kevin Zhang met with the World Bank for a third time on April 8th. After the meeting, Feng Han shared this with the community: “At World Bank, Zhijun Zhang, lead of security architecture announced his colleagues will form a team with Manhattan Project fund based on the Elastos Modern Internet.” Kevin conducted a two hour meeting with the World Bank representatives going over the current landscape of the internet and the problems Elastos and CR solves. Feng Han also recently spoke on the panel at the Chain Plus Blockchain event. He talked about how the modern internet will influence future payment systems. He also spent time with NEO’s Da Hongfei and Huobi’s North American CEO.

As exciting as these developments may be, please keep in mind these clear reminders:

“Hope to clarify, the World Bank team’s intention is to study the trusted computing technology components, and should not be interpreted as an endorsement of a particular project or Elastos.”

-Sunny Feng Han

“As many in our community know, Feng Han is a co-founder of the Foundation and a current board member. However, Feng has also created a project called The Manhattan Fund, whose mission is to grow the success of the Elastos ecosystem. This fund is not funded by The Elastos Foundation nor does it speak on behalf of the Foundation. The work Feng does with this fund is independent and communication regarding the progress of the fund will not come from official Elastos channels. Independent social media channels of current or past members of the Elastos Foundation are privately managed by the holders, and as such any posts from said channels are not official statements representative of the Elastos Foundation.”

-Elastos Foundation statement.

Elastos has also just attended the 2019 Asia Pacific Blockchain Financial Summit on April 11th and 12th. This event was in Singapore and attended by more than 100 companies in the blockchain finance industry including 150 head offices, including JP Morgan Chase and GIC. Feng Han participated in a round table discussion about blockchain with several important participants. The conference mainly focused on what the layout looks of traditional financial institutions and how blockchain can be adapted to it. We look forward to getting more details soon.

Merged mining has been in the news as of late for the Cyber Republic community. BTC.com just announced that 100% of it’s hashrate is going into ELA Merged Mining. The Elastos network now boasts 31.25% of the Bitcoin networks hashpower that’s led by three of the top ten Bitcoin mining pools in the world.  

We’ve a few quick updates about the CR ecosystem. The Elephant wallet has come out with their new website. Check it out: https://elephantwallet.app. Hyper.IM has also come out with their iOS release, and you can go to the iOS store to download it.  Blockchain project “mainframe” just posted a video that was modeled nearly-identically to one Elastos posted last year. While this is disappointing in the sense of stealing content, the ecosystem sees imitation as the best form of flattery.

In Elastos’ latest weekly update, there are technical progress reports on several Elastos features such as Trinity Browser, Hive, Carrier, and others. This update also includes trips Feng Han made to UPenn and the Penn Blockchain conference. Future events were shared as well. KP and Elastos will host its first livestream Developer Workshop, “Running Elastos Private Net.” Join our DevStudio Lead, KP, on April 18th, 9:00 PM Eastern Time (US and Canada) – come prepared to follow along, ask questions and engage.” 

Come check its live stream here: https://www.youtube.com/watch?v=qvS1cEKR-mU

and github: https://github.com/cyber-republic/developer-workshop/tree/master/2019-04-18

Rong Chen was invited to UNESCO (United Nations Educational Scientific and Cultural Organization) to be on a panel discussing Blockchain’s Practices and Perspectives. For more information check out the webpage: https://en.unesco.org/blockchain-practices-and-perspectives

Finally, the DX Team got a shout out and Elastos Director of the Ecosystem, Song Sijun, wrote an enlightening piece on system dynamics in regards to Blockchain and Elastos.

CR Forum Topic Highlight Buttons

New Supernodes Candidates!

Sunny Feng Han, co-founder of Elastos, is also running a supernode announced here:  https://mp.weixin.qq.com/s/OMxOPHS4GKTqua1mXt0YJw

Sunny, aside from his work in Elastos, is the Founder of MIT IDE Blockchain Pillar Foundation, an Instructor at Tsinghua University’s iCenter, Secretary General of Asian Blockchain DACA (Distributed Autonomous Coalition of Asia), Leading Editor of the books, “Blockchain, Blueprint of a New Economy”, “Blockchain Development and Examples”, “Blockchain: Quantum Wealth”, etc.  He’s also the Course Designer of Tsinghua University’s graduate course series, “Cyber Intelligence Economics and Blockchain”.

The DHG Super Node has just announced its participation in the DPoS elections. The person in charge of the DHG Super Node is Dahuang Ge. He is a private investor in the early days of the company. The DHG node “dares to do, and stick to the same personality.” It’s election manifesto is, “Building a Community and Building Insight”.

RUOLON Node is comprised of three members with similar interests in the Elastos Ecosystem. A statement from the team: “The RUOLAN node will, as always, closely follow the Elastos project to realize a safe, credible, and decentralized Internet dream. A generation of Internet people will continue to face the dream of success!” RUOLON Node has also announced a new Supernode Alliance that proposes a “cross-reciprocal investment solution” for voters and nodes.

They hope to achieve a voting mechanism that includes independent nodes that are capable of co-prosperity and symbiosis. Check out the Supernode campaign alliance website here: http://ruolan.org/e-lm/lianmeng.html

Shijui TV has recently announced their campaign to run a Supernode, joining other ecosystem partners such as Viewchain,  ioeX, Hyper, DMA and more.

Sunny Feng Han, co-founder of Elastos, is also running a supernode announced here:  https://mp.weixin.qq.com/s/OMxOPHS4GKTqua1mXt0YJw

Sunny, aside from his work in Elastos, is the Founder of MIT IDE Blockchain Pillar Foundation, an Instructor at Tsinghua University’s iCenter, Secretary General of Asian Blockchain DACA (Distributed Autonomous Coalition of Asia), Leading Editor of the books, “Blockchain, Blueprint of a New Economy”, “Blockchain Development and Examples”, “Blockchain: Quantum Wealth”, etc.  He’s also the Course Designer of Tsinghua University’s graduate course series, “Cyber Intelligence Economics and Blockchain”.

The DHG Super Node has just announced its participation in the DPoS elections. The person in charge of the DHG Super Node is Dahuang Ge. He is a private investor in the early days of the company. The DHG node “dares to do, and stick to the same personality.” It’s election manifesto is, “Building a Community and Building Insight”.

RUOLON Node is comprised of three members with similar interests in the Elastos Ecosystem. A statement from the team: “The RUOLAN node will, as always, closely follow the Elastos project to realize a safe, credible, and decentralized Internet dream. A generation of Internet people will continue to face the dream of success!” RUOLON Node has also announced a new Supernode Alliance that proposes a “cross-reciprocal investment solution” for voters and nodes.

They hope to achieve a voting mechanism that includes independent nodes that are capable of co-prosperity and symbiosis. Check out the Supernode campaign alliance website here: http://ruolan.org/e-lm/lianmeng.html

Shijui TV has recently announced their campaign to run a Supernode, joining other ecosystem partners such as Viewchain,  ioeX, Hyper, DMA and more.

Additional Information

Project Updates

Featured Articles

Cyber Republic Website

Git Activity and Updates

Please refer to the timeline described on this article for more info: https://blog.cyberrepublic.org/2018/12/27/important-cyber-republic-announcement


Note: If you are a developer interested in working with the CR or Elastos, here’s a form you can fill out: https://goo.gl/forms/pvzDYMsVEs10s6U72

Amos Thomas
Amos Thomas was born and raised in Trinidad & Tobago. He migrated to the US at a young age. He obtained degrees from Springfield Technical Community College and Western New England University in IT. - Cyber Republic Social Media Strategist & CR Press Web Administrator