Ethereum developer has proposed a new way to combine ETH 1.0 and ETH 2.0

Ethereum developer has proposed a new way to combine ETH 1.0 and ETH 2.0

Ethereum developer Mikhail Kalinin has published a new proposal, which describes the possibility of embedding ETH 1.0 data into the Ethereum 2.0 “signal chain”. With the Beacon Chain Ethereum 2.0 launch approaching, developer Mikhail Kalinin has posted a new proposal that aims to rid the network of “unnecessary complexity” and help unify the original Ethereum blockchain with the new Proof-of-Stake version of ETH 2.0. Ethereum 2.0 is slated to launch on December 1 and will…

Financial Times: Facebook Libra stablecoin to launch in January 2021

Financial Times: Facebook Libra stablecoin to launch in January 2021

The Facebook Libra stablecoin will launch in January 2021 despite regulatory concerns. Libra will initially be backed by US dollar only at a 1: 1 ratio. According to the Financial Times, the Libra stablecoin may be launched early next year. The publication refers to the information of anonymous sources – “three people participating in the initiative.” The stablecoin will be pegged 1: 1 to the US dollar. Last September, Facebook unveiled the official list of…