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MultiChain 1.0 beta 2 and 2.0 roadmap

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Where we are today and where we’re going tomorrow

Today we’re delighted to release the second beta of MultiChain 1.0 for Linux, Windows and Mac (for now the Mac version requires compilation). This concludes the planned development of MultiChain 1.0 – with the exception of any bug fixes, the final release of MultiChain 1.0 over the summer will be unchanged.

This month also marks two years since the first alpha release of MultiChain in June 2015. As with any new product, we weren’t sure how the market would react, and knew there was only one way to find out – release a minimum viable product, meaning an initial version which provides significant value but is preliminary by design. Thankfully, unlike our first product CoinSpark, MultiChain received a strong and immediate positive response. This was accompanied by a tsunami of sensible feature requests, many of which we’ve now implemented. In parallel to the product’s development, usage has also grown remarkably by every measure. For example, the MultiChain website received under 3,000 visitors in July 2015, and now brings in ten times that number monthly.

MultiChain performance

Over the past two years we’ve invested a lot of effort in optimizing MultiChain, which was forked from Bitcoin Core, the reference implementation for the public bitcoin network. Below is a comparison of transaction throughput for a single-node setup using five versions of the product:

Total transactions 1.0 alpha 3 1.0 alpha 21 1.0 alpha 22 1.0 beta 1 1.0 beta 2
100 6.5 tps 7.8 541.7 830.6 1465.7
1,000 7.0 7.6 583.9 889.4 1199.6
10,000 4.1 6.4 566.9 746.6 1071.2
100,000 6.6 558.0 771.9 1034.2
1,000,000 548.6 773.6 1055.4

Average transactions per second, including API overhead and building, signing, mining and verifying transactions and blocks.
Tests performed using the ab HTTP server benchmarking tool sending two concurrent requests to the sendtoaddress API.
Server specifications: Intel Core i7-4770, 4 cores @ 3.4 MHz, 32 GB RAM, Seagate 2 TB 7200 RPM SATA, CentOS 6.4.

Naturally, the biggest jump came in alpha 22 when we transitioned to a database-driven wallet. But since that release, we’ve almost doubled MultiChain’s speed again. We hope we’ve demonstrated that bitcoin’s limit of 4 transactions per second is due to its particular network parameters, and has no relation to blockchains in general.

Of course, performance optimization is a never-ending task, and there’s no reason why MultiChain can’t reach 10,000 tx/sec on a 16-core processor with the appropriate architectural changes. However, based on conversations with our users and partners, it seems that few expect to need more than 1,000 tx/sec for the next few years. So we’re refocusing our development efforts on new features, which brings us nicely onto the subject of MultiChain 2.0.

MultiChain 2.0 overview

Version 2.0 of MultiChain will be the first to come in two editions – Community (open source) and Enterprise (commercial). I’m going to focus here on the free Community edition, since we’re only discussing the details of MultiChain Enterprise with our partners. In any event, the Community and Enterprise editions will be highly compatible, in that: (a) applications built on the Community edition will run without modification on MultiChain Enterprise, and (b) both editions will be able to connect and transact with each other on the same chain.

The three key areas of enhanced functionality in both editions of MultiChain 2.0 will be:

  • Richer data model for streams, including JSON documents.
  • Custom programmable transaction filters for on-chain validation.
  • Seamless updating of a blockchain’s protocol and parameters.

Let’s turn to discuss each of these in detail.

Richer data model for streams

MultiChain streams were introduced in September 2016 and have proven extremely popular. As described in this post, streams provide a simple and natural abstraction for general purpose data storage, indexing and retrieval on a blockchain. A MultiChain blockchain can contain any number of named streams, each of which can either be open to all for writing, or writable only from certain addresses.

In MultiChain 1.0, each stream item has one or more publishers (who sign it), an optional key, a binary data payload up to 64 MB in size, and a timestamp (derived from the block in which it’s embedded). Each node can freely decide which streams to subscribe to, or can subscribe to all streams automatically. If a node is subscribed to a stream, it indexes that stream’s content in real time, allowing efficient retrieval by publisher, key, block, timestamp or position.

MultiChain 2.0 will enrich this streams functionality in a number of ways:

  • JSON items. As well as binary data, stream items will support structured JSON objects, stored on the blockchain in an efficient serialization format such as UBJSON. Since the MultiChain API already uses JSON throughout, these JSON objects will be writable and readable in a natural and obvious way.
  • Multiple keys. Stream items will support multiple keys, enabling a single piece of data to be indexed in multiple ways for retrieval using liststreamkeyitems. We’re constantly evaluating how much database functionality to include within MultiChain, and don’t expect to support indexing of the sub-elements within JSON stream items in version 2.0. Allowing multiple keys per stream item provides a reasonable workaround.
  • Atomic writes of multiple items. MultiChain 1.0 allows a single transaction to write to multiple streams, but not to write multiple items to the same stream. MultiChain 2.0 will remove this restriction.
  • JSON merging. Any ordered list of JSON objects can be naturally flattened or summarized to create a “merged” object. The merged object contains all the keys which appear in the individual objects, where the value corresponding to each key is taken from the last object in which that key appears. If you like, the merged object is the final state of a database row, whose columns are defined by the first object and extended or updated by later objects. MultiChain 2.0 will add APIs to easily and rapidly retrieve the merged object for the JSON items in a stream with a particular key or publisher.

These features are derived from common ways in which developers are currently using streams. In other words, we’re observing what many people are building on top of MultiChain at the application level, and bringing that functionality into MultiChain itself – a pattern that we intend to continue applying. Now that stream items will include type information, they can easily be extended in future to support other data formats such as XML, HDF5 and MIME-identified content. Not to mention the possibilities of transparent on-chain compression and encryption.

MultiChain 2.0 will also support JSON objects for raw transaction metadata (i.e. not stream items) as well as the metadata for asset issuance and stream creation events, instead of the text-only key/value pairs implemented in MultiChain 1.0. The listassets API will offer JSON merging across all of an asset’s issuance events, so that each issuance’s metadata can effectively update the asset’s final description.

Custom transaction filters

We’ve thought a lot about how to add custom programmable rules to MultiChain. While Ethereum’s “smart contract” paradigm is popular, it has a number of key shortcomings for high-throughput permissioned blockchains. First, smart contracts introduce a global dependency across the blockchain’s entire state, which drastically impairs concurrency and performance. Second, smart contracts cannot stop incorrect transactions from being embedded in a blockchain, but only prevent those transactions from updating the blockchain database’s state. While in the long term we expect an Ethereum-compatible virtual machine to be offered as a high-level abstraction within MultiChain, we don’t think it’s the right solution for low-level validation.

MultiChain 2.0 will introduce a different paradigm called transaction filters, which validate individual transactions without reference to any global state. We expect filters to be written in Javascript and executed within an embedded runtime engine such as v8, which is used in Google’s Chrome browser and the Node.js platform. Of course, we’ll need to ensure that filter code runs identically on every node in a blockchain, blocking any sources of non-determinism such as reading the time, using random numbers, accessing network or disk, or performing math operations that depend on the host server’s architecture. Creating a deterministic Javascript runtime environment is a challenge, but (without giving too much away) we believe it will be useful for several other MultiChain features in future.

Filters will be passed a JSON object describing an individual transaction, structured like the output of decoderawtransaction but with extra fields. For example, each transaction input in the JSON will include a structure describing the previous transaction output it spends, and each address will be accompanied by a list of permissions currently held by that address. A filter’s job is to return a Boolean value indicating whether the transaction is acceptable and if not, provide a textual error explaining why. MultiChain’s API will include commands for creating filters, testing them on previous or new transactions, and activating them subject to administrator consensus.

Unlike smart contracts, if a bug is discovered in the code for a filter, it can easily be replaced by a new version. Nonetheless, like all Turing-complete code, filters still run the risk of entering an infinite loop. This problem will be mitigated in two ways:

  • Filters can only be installed and activated by the chain’s administrators, subject to consensus. This gives each administrator the opportunity to examine a filter’s code in depth before voting for it to be activated.
  • All well-behaved nodes will validate new transactions using the active filters before forwarding them on to their peer nodes. As a result, if a transaction sends a filter into an infinite loop, the transaction should not propagate beyond the node which created it.

We expect one popular application for filters to be validating stream items. For example, a filter could ensure that certain fields in a stream’s JSON items contain numbers in a specific range. In MultiChain 1.0 this type of validation has to be done at the application level, either when writing stream items (if the source is trusted) or when reading them. By contrast, MultiChain 2.0 will enable these rules to be embedded within the blockchain itself, rather like check constraints in a relational database.

MultiChain 2.0 will include two additional features to make filters even more powerful. First, it will introduce user-defined permissions, which exist alongside the eight permissions defined by MultiChain. As with regular permissions, these will be granted to specific addresses by administrators (and in some cases, by users with activate privileges) and included alongside addresses in the JSON object passed to a filter. For example, a filter could ensure that only addresses with a particular user-defined permission can write certain types of data to a stream, or transact in a particular asset above a certain threshold.

Second, MultiChain 2.0 will support custom (binary or JSON) metadata within regular transaction outputs. This will enable any output to act as a general database row, “owned” by the address within. Filters will see any metadata within a transaction’s spent and created outputs as part of its JSON description. As a result, MultiChain will become a universal shared database engine, where a transaction’s validity is determined by a customizable function of the rows it creates and deletes. (If this sounds a little abstract, we’ll be sure to provide some concrete examples.)

Blockchain updating

Since blockchains are designed to run for many years, their characteristics might need to be changed over time. The current version of MultiChain already provides a fair degree of flexibility, allowing permissions changes (including of administrators and miners by consensus), new assets and streams to be created, and nodes to be seamlessly added or removed from the network. Nonetheless, in MultiChain 1.0 a blockchain’s basic parameters, such as the maximum block size and target confirmation time, are fixed when the chain is created and cannot be subsequently changed.

MultiChain 2.0 will add the ability to update a blockchain, allowing many (but not all) of its parameters to be modified while the chain continues to run. Like other important operations, updating a blockchain will require a customizable level of administrator consensus, where this level itself is a parameter that can be changed. Updates will come into effect from a certain block, and apply thereafter to every subsequent block until the next update.

Blockchain parameters that can be updated will include:

  • Protocol version. This will enable a blockchain created with one version of MultiChain to be upgraded to support the features in a new version, such as JSON stream items or transaction filters. Indeed, the protocol version 10008 introduced in MultiChain 1.0 alpha 29 (and used in the beta) has already been future-proofed with undocumented support for this type of upgrade. Once a MultiChain 1.0 blockchain is upgraded to the 2.0 protocol, it will also gain access to the other parameter changes described here.
  • Blockchain scaling. Blockchains that become popular may outgrow the initial values set for their target confirmation time or maximum transaction and block sizes. MultiChain 2.0 will allow these values to be increased or decreased as necessary.
  • Permissioning model. MultiChain 2.0 will allow the updating of many parameters relating to permissioning and governance, including: (a) anyone-can-* parameters that control the ways in which a blockchain is open or closed, (b) admin-consensus-* parameters that determine the levels of administrator consensus required for certain operations, and (c) the mining-diversity parameter that controls the strictness of the round-robin consensus algorithm.

Once this updating functionality is implemented, there should be no reason why a blockchain created in MultiChain cannot run for many decades or more.

Looking ahead

We’ve already started work on MultiChain 2.0, and look forwards to delivering on this roadmap. No doubt other enhancements will be included as well. As with MultiChain 1.0, we’ll have alpha releases along the way, so that developers can use and learn new features as they are implemented (and of course, report any problems or shortcomings). Naturally, we’ll continue to maintain version 1.0 throughout this period, fixing any bugs that appear.

I’d like to finish by thanking our development team, led by Dr Michael Rozantsev, for their continued excellence and hard work. We see MultiChain as a straightforwards software engineering project, in which code quality and testing counts above all. It’s my privilege to work with people who can turn a complex product vision into stable working software with such remarkable efficiency and speed.

Please post any comments on LinkedIn.

Source: https://www.multichain.com/blog/2017/06/multichain-1-beta-2-roadmap/

Blockchain

Top 10 Blockchain-as-a-Service (BaaS) Providers

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🔥🚀 BaaS or Blockchain-as-a-Service is a paid blockchain-based cloud service that blockchain companies provide to customers. BaaS provides customers with the ability to build, host, and use their own blockchain apps, smart contracts, and any other digital services on a distributed network.

It is important to clarify that the BaaS concept is derived from the concept of SaaS (Software as a service) and works similarly to it. 👇

◆ How does BaaS work?

According to the BaaS concept, blockchain companies install,  manage, and maintain, blockchain-based cloud platforms in addition to providing the tools necessary to build blockchain applications to customers in return for a fee.

◆ The future of the BaaS industry

Currently, the global revenue from blockchain services is estimated at $ 2.5 billion and by 2025 this number is expected to rise to $ 19.9 billion.

Overall, the business value of blockchain solutions will increase to more than $ 360 billion by 2026, with estimates of this number reaching $ 3 trillion by 2030.

The previous figures clearly show the future of the industry as well as explain the huge and successive investments in the blockchain business in general.

❖ Advantages of using the BaaS model

The BaaS model provides its users with many advantages, most notably high data security, efficiency, scalability, unlimited customization potential, as well as it is compatible with current cloud services.

In addition to the above, the adoption of the BaaS model reduces administrative burdens and provides better management and recruitment of resources.

Moreover, the BaaS model is easy to use and affordable, given the value it offers.

☉ BaaS vs owning a blockchain-based cloud platform

The BaaS model is a better solution for business than having a blockchain-based cloud platform in all aspects. Owning a blockchain-based cloud platform is hugely costly due to start-up costs (infrastructure, personnel, software, licensing, hardware, consulting, and more), retirement costs (decommissioning of server racks), and operational costs (monitoring, cost per transactions, bandwidth expenses).

In addition to the above, owning a blockchain model means fully assuming administrative responsibilities. 👇

🗨 While in the BaaS model, the cost is significantly lower because you only pay for the service you get. The service price in the BaaS model is subject to several factors, including the transaction rate, the maximum number of concurrent transactions, the payload size on transactions, and so on.

Also, in the BaaS model, all administrative burdens are borne by the provider.

● How to choose the right BaaS provider?

There are a number of points to consider when selecting a BaaS provider. For instance, the provider’s experience and reputation, the security of the platform, the technical support as well as the ease of use and pricing.

In addition, it must be ensured that the platform integrates with the existing operating systems and software.

🚀 It should also ensure that the platform supports smart contract integration and deployment, identity access management (IAM) system, different runtimes, and frameworks. 👇

🟥 Top 10  Blockchain-as-a-Service (BaaS) Providers

  1. Blackwell

    Blackwell is one of the world’s leading providers of blockchain solutions to governments, enterprises, and end-consumers. Founded in 2018 by experts who have contributed for 20 years in developing emerging technologies for some of the largest companies in the world.

    Blackwell aims to assist organizations in adopting blockchain solutions by providing consulting and a cloud blockchain platform in addition to a distinct and diverse set of tools and programs.

    Blackwell aims to help everyone generate profits by allowing them to build and expand blockchain tools, services, and products.

    Currently, content creators rely on existing toolkits developed by Blackwell, set their own commission structures, and earn percentages as they sell and promote their tools around the world.

    During the past two years, Blackwell has developed blockchain solutions for cryptocurrency businesses around the world. 👇

    🔻In addition, Blackwell has vetted dozens of token contracts for some of the most popular exchanges in the world, prevented and stopped hacks saving individuals millions of dollars, built successful token-swaps tools, and analytics tools.

    Blackwell’s previous work includes the names of many well-known businesses such as JPMorgan Chase Bank, Wells Fargo, Disney, GoPro, Paramount, Mattel, Universal, Lucas Arts, Suzuki, Epson, Time Warner Cable, Guitar Center, Beachbody, Marriott, Jaiyen Eco-Resort and more.

    🗨 Blackwell has an impressive list of tools and applications. Notable among them are Blackwell Wallet, Pride Token, Fire Tokens, EgoCoins, Blackwell, Blackwell Book, Sheets-n-Blocks – Blockchain, Contract Tool, VoteBlock, API Miner, Smart License Creator, Blackwell Prime, Listener, Token Swapper, Blackwell Daico, Blackwell Telescope, Blackwell Spyglass, Blackwell Velvet, Blackwell KYC Form Builder, Non-Fungible Token Creator, BW, and Dumbapps.

    In addition to apps and tools, Blackwell has launched a store for  DApps named “Well Spring” that has 16 working apps so far.

    Blackwell backed tokens are valued at over $ 80M.

    🗨 Regarding the future, Blackwell is seeking to expand by investing $ 10M. The company plans to obtain it by selling 100MM tokens to investors.🔻

  2. Amazon

    Amazon introduced its BAAS service called “Amazon Managed Blockchain” in 2018 through its cloud arm, Amazon Web Services (AWS). Amazon Managed Blockchain is a managed service that makes it easy to create and manage scalable blockchain networks using open source frameworks including Ethereum and Hyperledger Fabric.

    Moreover, Amazon allows customers who want to manage their own network to go ahead, but it is an option that needs experience in dealing with AWS Blockchain Templates.

    Amazon also enables companies to integrate their blockchain-based networks and business processes to improve IT infrastructure, business processes, human resources, financial transactions, and supply chains.

    In addition to the above, Amazon provides AWS Key Management Service to secure Hyperledger Fabric’s CA (Certificate Authority) and Amazon QLDB technology to manage augmented ordering service.

    🗨  The BAAS offer from Amazon is characterized by flexibility in identifying resources to suit companies’ needs.

    Amazon customers’ list includes star names like Nestlé, BMW, Accenture, Sony Music Japan, and the Singapore Exchange. 👇

  3. IBM

    🚀IBM is one of the world’s most important BaaS service providers. Forbes selected it among the top 50 blockchain companies, thanks to its blockchain platform “IBM Blockchain“, which it launched in 2017.

    IBM Blockchain is a fully-integrated distributed ledger technology platform that enables businesses to “’ develop, govern, and operate a blockchain ecosystem quickly and cost-effectively on a flexible, cloud-based platform by using Kubernetes.

    Partnerships have been vital to IBM’s continuous BaaS expansion. it created the Trust Your Supplier platform alongside blockchain firm Chainyard and also pioneered the Contingent Labor platform in conjunction with IT People.

    As well as IBM Blockchain has joined The Linux Foundation’s Hyperledger Project to evolve and improve upon earlier forms of blockchain. Instead of having a blockchain that is reliant on the exchange of cryptocurrencies with anonymous users on a public network (e.g. Bitcoin), a blockchain for business provides a licensed network, with known identities, without the need for cryptocurrencies.

    👉  IBM Blockchain Platform has been used widely in industries such as food supply, media, advertising, and trade finance. 👇

  4.  Microsoft

    🔥 Microsoft is one of the oldest BaaS service providers as it has been in the market since 2015 when it launched Azure Blockchain Service.

    Microsoft aims through its BaaS service to enable users to build public, private, and consortium blockchain environments with industry-grade frameworks and bring their blockchain apps to market.

    🎯Microsoft provides three products to customers: Azure Blockchain Service, Azure Blockchain Workbench, and Azure Blockchain Development Kit.

    Azure is compatible with other Microsoft products such as Logic Apps and Flow, making it a great choice for organizations looking to harness blockchains such as General Electric and T-Mobile.

    Microsoft Azure’s most prominent features are the support of several Blockchain frameworks, including Quorum, Corda, Hyperledger Fabric, and Ethereum. Plus, ease of deployment using Azure CLI, Azure Portal, or Visual Studio Code with the Azure Blockchain extension. Azure also supports full monitoring and logging.

    🗨 The above helped Microsoft to forge important partnerships with prominent entities such as its partnerships with Ripple and BitPay. 👇

  5. Alibaba

    🔻 Alibaba is one of the leading blockchain solutions providers around the world. The well-known Chinese company introduced its BaaS service in 2018 through its cloud platform.

    🗨  Alibaba has an active research team and has registered many patents on blockchain during the past period.

    Utilizing Quorum, Hyperledger Fabric, and the Ant Blockchain, the platform integrates Alibaba Cloud’s Internet of Things (IoT) and anti-counterfeiting technologies to create blockchain solutions for product traceability.

    Alibaba’s BaaS offering provides diverse solutions to meet user needs including encompasses enterprise-level BaaS services, an agile BaaS platform that supports private deployment, and specific blockchain solutions for container services. 👇

  6. Oracle

    🚀 Software giant Oracle unveiled its BaaS service in 2017. The service, called “Oracle Blockchain Cloud Service”, aims to provide an enterprise-grade distributed ledger platform that can help businesses to “increase trust and provide agility in transactions across their business networks.”

    Oracle enables its service users to provide permission blockchain networks for private or consortia models, enroll member organizations, and run smart contracts to update and query the ledger in addition to many other benefits.

    🎯 Also, Oracle enables its service users to use its other solutions such as Oracle Supply Chain Management (SCM) Cloud, Oracle Enterprise Resource Planning (ERP) Cloud, and other Oracle cloud solutions. 👇

  7. R3

    🔥 R3 launched its BaaS service called “Corda” to enable companies to transact directly and privately using smart contracts.

    Corda is an open-source blockchain platform that works on minimizes blockchain nodes’ deployment time by a few minutes, allowing enterprises to host the Corda network in a few clicks.

    👉 Interoperability, security, and privacy are the foundations of the finance-focused Corda.

    Royal Dutch Airlines (KLM) recently hired Corda service to streamline financial processes and enhance settlements

    Corda provides users with the following benefits: Easy cloud-based deployment and quick setup of nodes with Docker, a Built-in blockchain application firewall to provide additional security, as well as R3’s Interoperability feature that allows developers to work with more than one application at the same time.

    🗨 It is worth noting that R3 has developed solutions for more than 300 clients in addition that it has partnerships with many prestigious institutions such as Barclays, Credit Suisse, Goldman Sachs, J.P. Morgan, and Royal Bank of Scotland, Bank of America and Wells Fargo, and more. 👇

  8. SAP

    🎯 SAP launched its BaaS service “Leonardo” in 2017. Through its service, SAP aims to help companies transition into the digital age through the use of distributed ledger technology.

    Leonardo is a Hyperledger based service and resides in the SAP Cloud service, meaning it can be accessed from any device.

    🔻 The platform provides plug-and-play blockchain solutions and allows for the easy setup and hosting of blockchain nodes.

    SAP Leonardo functions as a blockchain cloud service, machine learning service, and supports the Internet of Things (IoT) in a single ecosystem.

    👉 SAP Leonardo provides its users with several benefits such as cloud deployment, monitoring of blockchain data in real-time, and more. 👇

  9. Huawei

    🚀 Well-known Chinese smartphone manufacturer Huawei launched its BaaS service in 2018. The service, called “BCS“, is based on Linux Foundation’s Hyperledger Fabric, a blockchain framework that allows components, such as consensus and membership services, to be plug-and-play.

    With its BaaS service, Huawei aims to enable companies to develop smart contracts on top of a blockchain network for several use-case scenarios.

    🔥 Huawei also works with enterprise customers to promote the deployment of blockchain solutions and applications and to build reliable, public infrastructure, and an ecosystem-based on blockchain and shared success.

    🗨  According to Huawei, BCS enables enterprises to deploy blockchain technology within five minutes. It concentrates on nine application scenarios, including data assets, Internet of Things (IoT), operation, identity verification, data certification, data transactions, new energy, philanthropic donations, and inclusive finance.

    Huawei has many and varied partnerships inside and outside the Chinese market, but the most prominent name remains the famous car manufacturer Honda. 👇

  10. Factom

    🔻Factom launched its BaaS service in 2017. The service, called “Factom Harmony“, aims to allow enterprises and software vendors to quickly add blockchain capabilities to any application or workflow using simple API calls.

    Harmony also aims to enable users to create portable, archivable cryptographic proofs to use as trusted inputs for internal and external audits.

    🚀 What sets Factom Harmony apart is that it reduces the time and resource requirements to perform audits and meet compliance objectives. ⤵

     

     

    ✍ Author: Husayn Hashim

    Bio: Husayn Hashim works as an author and programmer. He has been writing about blockchain technology and cryptocurrencies for si years. He’s interested in programming, technology, finance, and business. He loves writing and loves to share his knowledge with others.

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Founder´s Packs now available for the first AAA blockchain game BLANKOS BLOCK PARTY

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Founder´s Packs now available for the first AAA blockchain game BLANKOS BLOCK PARTY

Mythical Games, a next-generation game technology studio driving mass adoption of blockchain, today announced the upcoming private beta for Blankos Block Party, an open-world multiplayer game with a heavy focus on player-designed levels and collectible assets, will begin on Tuesday, Nov. 17, 2020, with open beta to follow later this year. Players eager to start their collection of the digital vinyl toys come to life can now purchase a Founder’s Pack, starting at $24.99 (USD), to receive exclusive and limited in-game content, as well as guaranteed priority access to the game’s private beta and Founder’s status in both Discord and in-game.

Blankos Block Party is an online game world that integrates blockchain to facilitate the economy and allow players to buy and sell their in-game items in exchange for real-world currencies, using Mythical’s proprietary technology to track and verify all purchases across any platform, creating a safe transaction for all involved. With this model, Mythical is eliminating the need for grey markets and allowing the community to dictate the value of what is bought and sold in secondary marketplaces.

Limited quantities of the Founder’s Packs are available now for purchase via fiat or supported cryptocurrencies in four different package options, which provide limited-edition Blankos and themed accessories designed by some of the world’s top vinyl toy artists, priority access to the private beta, 100% in-game currency match and other items only available while these packs last. Each Founder’s Pack will be numbered in order of purchase and recorded on blockchain to enhance collectibility and future resale value for players.

  • Ice Pack: RSVP to the ultimate block party with the Ice Pack, and receive the exclusive Lolli Blanko and three themed Lolli accessories, Founder Status and Lolli emoticon and 2,500 Blankos Bucks. ($24.99)

  • Tako Pack: Start your collection with the exclusive Tako Blanko designed by multimedia artist Junko Mizuno, two themed Tako accessories, as well as one unique Tako-themed Build Mode asset and one Build Mode item wrap, Founder Status with Lolli and Tako emoticons and 5,000 Blankos Bucks. ($49.99)

  • Bite Me Pack: Be the life of the party with the Bite Me Pack, which delivers the exclusive ‘Bite Me’ Billy Bones Blanko, six Bite Me-themed accessories, rare gold and black Build Mode materials, plus Bite Me brand Build Mode basic set, Build Mode items and the Bite Me rocket launcher, as well as Founder Status with Lolli, Tako and Bite Me emoticons and 10,000 Blankos Bucks. ($99.99)

  • Boss Pack: Become a VIP with the Boss Pack and show off your status with the exclusive Boss Dino Blanko designed by legendary toy artist James Groman, two Boss Dino-themed accessories, two Build Mode Materials, three Build Mode items and two themed weapons for Build Mode, not to mention Founder Status with Boss Dino, Bite Me, Tako and Lolli emoticons and 15,000 Blankos Bucks. ($149.99)

Founder’s Pack items will only be available for a limited time, or until the limited quantities sell out; Mythical will not reissue these special-edition Blankos or their accessories in the future. These exclusive Founder’s Pack items will be available for purchasers to unbox and play immediately in the private beta, and can also be sold to other players when the Blankos secondary market launches.

For additional details on Founder’s Packs and their contents and benefits, or to purchase one of the limited edition packs, please visit Blankos.com. Packs can be purchased with fiat currency, or supported crypto payment options via BitPay (Binance USD/BUSD, Bitcoin/BTC, Bitcoin Cash/BCH, XRP, ETH, Gemini US Dollar/GUSD, Circle USD/USDC and Paxos Standard USD/PAX). In addition to purchasing a Founder’s Pack to receive priority access to the private beta, players can reserve their free accounts now on the Blankos website to get on the waiting list for the chance to be included in the private beta without purchase (subject to capacity).

Source: https://www.fintechnews.org/founders-packs-now-available-for-the-first-aaa-blockchain-game-blankos-block-party/

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U.S. crypto exchanges have a plan for the travel rule. Now they just have to get along


Quick Take

  • A working group of 25 U.S.-based exchanges released a white paper this week outlining their platform to comply with FATF’s travel rule.
  • The group includes some of the most prominent exchanges stateside, suggesting that the plan has legs.
  • Now, the group has to develop a governance structure.
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U.S. crypto exchanges have a plan for how to deal with FATF’s travel rule














Source: https://www.theblockcrypto.com/daily/82261/us-crypto-exchanges-fatf-travel-rule?utm_source=rss&utm_medium=rss

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