Lawyer: Ripple Bumping Securities Lawsuit to Federal Court is Brilliant
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Lawyer: Ripple Bumping Securities Lawsuit to Federal Court is Brilliant
This week, the Ripple Labs legal team removed a pending securities lawsuit pertaining to the regulatory nature of XRP, the native cryptocurrency of the Ripple blockchain, to federal court. The representatives of Ripple argued that the class action lawsuit was initiated by a group of investors with no geographical limitations and as such, the case …
Newsflash: bitcoin Price Pops Higher as Dow, S&P 500 Erase Pre-Market Gains The bitcoin price and the wider cryptocurrency market made a fevered leap back toward their recent highs on Friday, shaking off Thursday’s substantial […]
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For decades, science and academia have leveraged distributed computing to solve massive computational problems. Distributed grid computing schemes allow donors to volunteer their desktop computer’s idle resources toward scientific projects in physics, biology, and chemistry, where large amounts of parallel computing resources are necessary. Relying on software like BONIC, these networks provide features such as built-in fault tolerance and result verification. And with the proliferation of mobile and IoT, the potential for massively distributed grid networks has never been greater.
Gilles Fedak, a researcher at the French computer science research body Inria, joins us to discuss a new project which aims to build a high-performance distributed cloud infrastructure marketplace. Relying on mature grid computing technologies, iExec utilizes Ethreum to organize a peer-to-peer marketplace of computing resources, allowing anyone to rent their idle resources to grid networks. If it succeeds to execute on its vision, this game-changing project could revolutionize distributed computing through cost reduction and the commoditization of resources.
Topics discussed in this episode:
Gilles’ background as a distributed computing researcher
Distributed computing and it’s applications in science and industry
The problems we see in distributed computing networks
The iExec project and its vision for a distributed computing resource marketplace
How iExec works as an Ethereum smart contract
The different components and participants of iExec
The iExec token and upcoming crowds ale
The project’s business model and roadmap
Links mentioned in this episode:
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Epicenter is hosted by Brian Fabian Crain, S?ƒbastien Couture & Meher Roy.
Newton’s First Law – Lendroid In The Ballad of Buster Scruggs, a charming Netflix anthology by the Coen brothers, one story (titled ‘Near Algodones’) begins in a bank. Now, by our modern sensibilities, ‘bank’ might […]