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The New York Times Is Planning to Experiment With Blockchain Publishing

The New York Times Is Planning to Experiment With Blockchain Publishing

The New York Times, the second-largest newspaper in the U.S. by circulation and a storied institution in American journalism, is getting ready to experiment with blockchain technology for publishing.
According to a new job posting, the media organization is looking for someone to help “design a blockchain-based proof of concept for news publishers.”
To start the project, NYT is looking for a “forward-looking leader” who would be working on the proof-of-concept’s outline for 12 months within the company’s research and development division.
The new hire “will codify the vision for the research project and share that vision with potential stakeholders at other media organizations” and “help brand and create a public identity and assets for the project.”
Another goal will be to form a pool of the project’s stakeholders and find advisors from news organizations, academia and social media companies.
Skill set
The candidate should have previous experience innovating in media organizations and “leading a combination of engineers, designers, journalists” for more than eight years, according to the NYT job posting. Strong skills in communication, writing and presentation, partnerships and collaborations are necessary.
The new blockchain leader should also have an “established track record in real-world application of new technologies” and “a mixed skill set with some experience in at least three of: journalism, product, design, software development, hardware engineering, user research.”
No less important, the job requires “a real passion for The New York Times’s mission.”
The NYT project wouldn’t be the first blockchain-media experiment. The most prominent of these is Civil, a token-driven startup backed by the ethereum development studio ConsenSys.
In its editorial operations, the New York Times has been covering the blockchain and cryptocurrency agenda for several years now, including the special project “Demystifying the Blockchain” last June. The newspaper’s lead reporter in blockchain and crypto, Nathaniel Popper, is also the author of the bestseller “Digital Gold: bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money.”

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Litecoin: bitmain trades sides, supports segwit activation

Litecoin: Bitmain Trades Sides, Supports SegWit Activation

Litecoin’s problematic course towards Segregated Witness (SegWit) activation has ended in an unusual display of unity.

Litecoin Roundtable: We ‘Unanimously Agree’ On SegWit Activation

Following a meeting of Chinese cryptocurrency players including exchanges and miners, a consensus was reached on activating SegWit despite some participants having previously been against the idea.

The so-called Litecoin Global Roundtable included Litecoin creator Charlie Lee, exchanges Huobi and Okcoin and formerly anti-SegWit mining pool Bitmain.

Summarized minutes released from the meeting confirm that subject to community support, participants “unanimously agree” to “implement Segregated Witness softfork on Litecoin.”

“When the usage of Litecoin block capacity is over 50%, we will start to prepare for a solution to increase the 1MB block size limit through a hardfork or softfork,” a proviso adds.

Bitmain Gets Behind Litecoin SegWit

The big surprise from Friday’s events was the support of Bitmain, whose CEO Jihan Wu had previously stated his opposition to SegWit on numerous occasions, both for bitcoin and Litecoin.

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Now, it appears, both Wu and Bitmain have U-turned on the idea.

The Roundtable added:

We want to emphasize that this roundtable meeting represents only the consensus of participating members, and cannot make a decision on behalf of the Litecoin community.

U-Turns Abound

Litecoin’s approaching SegWit activation threshold had caused a significant uptick in its price. Having traded at just under $4 per coin for a considerable period, increasing miner support saw it shoot past $10 and stay at these levels.

As interest increased, however, rumors began spreading of manipulation by Bitmain, which was accused by pro-SegWit Shaolinfry of artificially hindering Litecoin’s activation.

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Lee himself appealed to the community to force a user-activated soft fork (UASF) to counter such activities. In a further sign of how the situation has changed, the Roundtable members added that they were now against as UASF with a specific activation schedule, stating:

We do not advocate a flag-day ‘UASF’ that does not go through [sic] any users or community voting process. This type of forced upgrade without community consensus put Litecoin in a risk of split

What do you think about the latest events for Litecoin? Let us know in the comments below!

Images courtesy of AdobeStock

The post Litecoin: Bitmain Trades Sides, Supports SegWit Activation appeared first on Bitcoinist.com.

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