Highlights from the #Elastos New York #Meetup event with The Chinese Finance Association (TCFA).
A new era of #BlockchainTechnology is upon us and #Elastos are at the forefront of making sure the Internet is secure, credible, & smart 🔥 🚀
#CryptoLingo #ElastosFoundation #ELA #SmartWeb
* SVK CRYPTO'S NEXT EVENT / MEETUP *
"BLOCKCHAIN AN OPEN PANEL INDUSTRY INSIGHT DISCUSSION"
Date - Wednesday - 18:30 - 20:00 - 06/06/2018
Location - De Vere Grand Connaught Rooms,
61-65 Great Queen Street,
- Lory Kehoe / Managing Director at ConsenSys
- Patrick Lowry / CEO of Iconiq Lab partners of Finlab AG backed by the EOS VC Fund
- Krzysztof Gagacki / Co-Founder IOVO Data ownership DLT network
- Shane Kehoe / Co-Founder of SVK Crypto
Sign Up Here - https://www.eventbrite.co.uk/e/svk-crypto-blockchain-an-open-panel-industry-insight-discussion-tickets-46019322031
All - This is who is addressing the Parliamentary Treasury Committee. They put Blockchain into 3 groups.. the good, the bad and the ugly.....decentralised public ledgers that use crypto currencies to allow trustless transactions = the bad.....This is very worrying. Why are our politicians only listening to a small group of people.
Hot off the press....
ioeX builds a decentralized peer-to-peer network based on existing servers and smart devices. With the interconnection between nodes, ioeX network is able to update software without going through the OTA server. Meanwhile, ioeX incorporates blockchain technology and issues cryptocurrency “ioeX coin” as the reward and incentive for relay and storage devices.
Ioex is estimated to reduce the M2M (machine-to-machine) data transmission cost by 70%, which could be equal to USD 12.6 billion per year in 2020. Ioex is an application built on ELASTOS blockchain
Dr Rong Chen will only be in London on 19th – 20th June (he will be speaking at an SVK Crypto event at WeWork, Moorgate on the evening of 19th June).
Prof Feng Han will be in London from 8th – 13th July and in Manchester 13th - 15th July. He has speaking arrangements booked at PWC in Canary Wharf on Tue 10th and at South Bank University on Wed 11th. He is then speaking at Manchester Uni on Fri 13th and Sat 14th.
Exact details of timings and how to sign up will be listed on here as soon as we’ve got them.
I do agree - I personally feel super early to the party still even though I missed out last year ... the next 5 years will be making a few millionaires around the crypto world those who remain this year strong
Hey guys, I don’t think I’ll be at tonight’s meet-up. My daughter is ill and my wife, family and nearby friends are all committed elsewhere so I’m going to have to stay to look after her. Totally gutted to miss this meet-up, the Token House and meeting some of you lot. However, there will be a next time! Charles and the team from SVK Crypto will host you all well.
Hello UK community! Greetings from Italy! Listen guys, I want to bring to your attention this article that was posted some days ago on reddit and was reported as a positive news for Elastos. I'm discussing it here because this community is more tech-focused than the global one and the chat isn't clogged like there.
Reading this led me to different and opposite conclusions. I mean, the fact that China is aiming to rebuild internet and to have a central role on this new infrastructure could make it to look like a positive news. But the concept of internet in the mind of president Xi is clearly different from Elastos' one: it's very centralized and subject to strong censorship, it seems to be concerning to me. Elastos is heading to the opposite way. Cryptography, peer to peer data convey and censorship resistance are definitely things that China's government could not enjoy so much.
However it's possible that I'm just missing something so I can't understand by myself that this is a positive news. Could you help me sharing here your thoughts?
I'm in the red too, have been for a while but if I hadn't been caught up in the hype I probably wouldn't have ever got into crypto. So, I see the short term pain of being at a loss as a positive....I'd rather be where I am with a nice portfolio of quality projects even at a temporary loss than not have the opportunity at all
Someone on Reddit asked me what made me come to the elastos community and this is the answer I gave:
I’m very new to Blockchain and crypto in general and I only started getting into it last December. Before elastos, I had invested into couple other projects but that’s it. I was so naive at the time that I thought I was gonna be rich someday if I bought couple of litecoins because I thought it was going to btc price someday. Oh good old days. When I came across elastos and read their whitepaper, I was very impressed and elastos is the sole reason I even decided to learn about Blockchain in general and started to get into it. The more I learned about what elastos was trying to do, the more I fell in love with it. Completely decentraliazed internet all peer to peer along with scalibility of apps that actually run on the device instead of the Blockchain nodes. I was onboard. But, the number 1 thing for me personally was because of the agnostic nature of the elastos platform where you could reach interoperability between different apps using the Blockchain and where you could reach interoperability between different Blockchain using the sidechain structure. I was very oblivious to the Blockchain world before elastos. Elastos is what made me research a lot into the Blockchain technology and the possible power it might have in the future. I knew back then that the Blockchain was still at an infant stage and will just continue to grow and I still believe this fact. Elastos brought me into the Blockchain world so I have a very deep attachment to it both on a personal and a technical level. Talking to Rong in real life really inspires you so much and I suggest everyone to try talking to him. This man is very humble, very open and has a deep knowledge on not just the history of the internet but also the history of the world. Other new Blockchain projects’ founders might be smart and young but Rong actually lived through the birth of the internet and the operating system itself. So, he has experience and has seen it all. He has failed but he continues to get back up only harder and stronger. I don’t wanna make him sound like a god like figure but he is so down to earth that when you talk to him, he talks to you as if you’re his equal. He doesn’t underestimate anyone and definitely respects everyone. The vision he has is so grandiose and life changing that it has deeply touched me. Now, actually touring with him in Europe and talking to him more only brings me joy because my love for Elastos only keeps on increasing and I’ll continue to do my part in anyway I can to help him with his vision of the free world with no centralized control and where every average Joe can generate their data into wealth. This really is a revolutionary tech that it is set out to be and I have no doubt that we will only grow stronger from here. People might be frustrated with ela because the price keeps going down but to these people, I only have one thing to say: would you want to get frustrated even more with short term plan you have with flipping crypto and then eventually evaporate into nothingness or would you rather grow with this community together and be part of the new Cyber Republic that elastos is trying to do? You all know my decision and I urge everyone to remain calm during difficult times and interact with the team members at the meetups and the community in general because I only see good times ahead of us. The rest is up to you. Cheers!
I've found it unbelieveably fascinating from an empirical point of view. Dan Larimer had a vision for autonomous decentralised governance (an extremely difficult puzzle due to the numerous variables) but most people thought having 21 block producers was centralised anyway, however none of them can seem to agree on anything. It appears Dan's vision may have been lost in translation and now it seems block.one may have to step in to steady the ship (centralisation?). I think being able to come through this will be a giant step for crypto and could possibly provide a small opening for newer models to be created and extended to real life politics. We should all take note of these flaws and hope for resolution as failure on this magnitude (especially due to the money raised at ICO), will do us all within this space no favours.
#Elastos has creted the world's first Internet operating system focusing on re-decentralizing the Internet utilizing #SmartWeb powered by #Blockchain.
#Cryptolingo celebrates the Elastos Foundations continuous 💯 commitment to growing their global community and advancement of human civilisation in our latest article that can be found here 🙌🏾💯🚀🔥
Thoughts of the day:
Since i‘m on vacation and can‘t be here very often, i decided to make a small series of posts help everyone to understand Elastos better. Today is the first post and i will try to make one every day.
Yesterday i was in Cologne, a beautiful city with buildings and Brauhäuser older than most countries. The Rhein, one of the longest rivers in Europe, flows through the city and is a wonderful place to go for a walk. That‘s what i did but instead of enjoying the weather and the view over the river and the city there was something other that caught my attention: a billboard. But how come an advertisement is more interesting than century old buildings, the Rhein with its bridges and the famous Kölner Dom? Because of Elastos. Everywhere i go i see potential use cases for Elastos as a secure operating system and p2p network. The ad was about smart locks. They advertised that it‘s possible to manage access rights over the internet. Wouldn‘t this be really useful? Just imagine you‘re in my position and going on vacation and have a cat at home. Someone needs to take care of her and feed her. This means i have to hand over my key to someone for them to gain access to my home.
Or if you have someone for cleaning your appartment you have to do the same. In every instance you hand over your key to someone else, they have the possibility to copy it and later on use it for whatever they want to do and whenever they want to. A Smart Lock which is connected to the internet can make this process much smother. I can give anyone access to my home with just a click and even unlock my door on request from everywhere on the world and i can limit access to a certain period of time.
Sounds amazing, doesn‘t it? It does not. We all know too well how easy it is to hack any device and execute MIM attacks. Do we really want to have these vulnerabilities in something as important as the door lock to our homes? For me the answer certainly is no but i still want the benefits of a Smart Lock.
Here comes Elastos: As a truly decentralized and secure p2p network and operating system, Elastos provides a solution to the problems i mentioned above. No more hacks, no more MIM and DDoS attacks and no more traffic monitoring. These features are perequisites not only for Smart Locks but for the Smart Home of the future in general and to the best of my knowledge, Elastos is the only viable solution to those problems (if you want to know how it prevents them you should read the beginner‘s guide to Elastos, link in the pinned post).
Why am i telling you about this?
There are so many ways in which Elastos could help making our future both easier and more secure at the same time. Currently everything blockchain related is way too complicated (just try and tell someone who has never used cryptos before to call a smart contract on any existing blockchain, they will have a bery hard time) and the internet is way too insecure and even scary for the most part. The status quo is unacceptable and needs to be changed.
Elastos will be this absolutely necessary change.
Thanks to Rong Chen, Feng Han and everyone else who worked on Elastos for the last 18 years, our kids will grow up in a world where they don‘t have to worry about a hacker breaking into their smart house, smart car, smart stove and smart clothing, the smart grid, nuclear power plants, trains, planes, boats or other critical infrastructure. Let‘s help them make this dream come true and support Elastos where ever we can.
Onward! Upward! Elastos!