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Enterprise Ethereum Alliance TestNet Offers Global Businesses a Way to Collaborate to Advance Real-World Blockchain Platforms

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With Whiteblock as the EEA’s Official TestNet Provider, the EEA Business Community Can Innovate Together within a Controlled Environment, without a Costly Full-Scale Roll-Out

Wakefield, Mass. –  January 15, 2020 – The Enterprise Ethereum Alliance (EEA) announced today that it has partnered with Whiteblock Inc., one of the world’s first blockchain testing and development companies and an EEA member, to provide a testing environment for the EEA global membership base. Through this partnership, the EEA will leverage the Whiteblock Genesis testing platform to orchestrate, manage, and deploy the official test network of the EEA, the EEA TestNet. Genesis launches today, offering users the ability to test out a number of end-to-end blockchain testing and development scenarios. Leveraging the EEA TestNet, the EEA’s global business community can collaborate around creating and testing the next generation of Ethereum business applications.  To learn more about the EEA TestNet, visit https://entethalliance.org/testnet/.

By creating a testing sandbox, businesses can gain insights and experiment on the best ways to deliver value to customers within the global marketplace, without incurring operational costs of a live environment. In addition, early testing will prepare businesses to take advantage of the EEA’s Certification Program when launched later this year. Designed for collaboration, the EEA TestNet offers a constantly running test network using the Genesis platform, enabling members to define their own scenarios, introduce their own nodes, and deploy Dapps. The EEA TestNet will also provide Metamask support and full data and analytics capabilities.

“The launch of the EEA TestNet is a major milestone on our journey to enable enterprises to deliver a superior customer experience and create new and innovative solutions,” said EEA Executive Director Ron Resnick. “The EEA’s business-focused approach enables the broader Ethereum business community to collaborate, innovate, and contribute to the evolution of world-class Ethereum solutions. The EEA’s TestNet brings us one step closer to creating an ecosystem that offers application availability from multiple vendors of choice.”

Many blockchain companies make claims on scalability and transactions per second without independently verifying these metrics. Whiteblock provides the EEA an independent, objective method of validating performance claims using their Genesis testing and development platform. Adequate pre-deployment testing helps development teams avoid network failures and anticipate performance under suboptimal conditions when failure to deliver could significantly diminish credibility and market confidence.

“The EEA TestNet will enable members to collaborate and understand how Ethereum systems perform at scale in a deterministic and controlled manner,” said Zak Cole, Whiteblock CEO and EEA Testing and Certification Working Group Chair. “Whiteblock’s established testing methodology and tooling has been proven to accurately test complex networks at scale. We are pleased to be working alongside the EEA Testing and Certification Working Group members on this important EEA milestone.”

Leveraging the TestNet, the EEA’s Testing and Certification Working Group will begin to build and launch a world-class EEA Certification Program that ensures solutions conform and interoperate with EEA standards. The EEA Testing and Certification Working Group members currently include Aion Foundation, AZHOS, BlockApps, Chainstack, ConsenSys, Crowdz, Fnality International, Intel, J.P. Morgan’s Quorum, Microsoft, PegaSys, Standard Chartered Bank, Wanchain, Web3 Labs, Wizkey, among other global leaders.

“The EEA TestNet offers a glimpse into the value that a mature and technically advanced blockchain can bring to our business,” said the EEA Community Director Paul DiMarzio. “We’re excited to see the platform evolve as it benefits having larger, more open participation from the EEA community. In the near future, customers will be able to select EEA tested, specification-based solutions over proprietary offerings.”

The EEA plans to launch a Certification Program later this year that will ensure solutions conform and interoperate with EEA standards, thus building customer confidence and trust that customers get the results they expect.

About Whiteblock Genesis

Whiteblock Genesis is the world’s first end-to-end testing and development platform for blockchain and enterprise DLT developers. Genesis SaaS platform provisions virtual networks of nodes that allow users to develop in a controlled environment that replicates their production network or test and experiment under a variety of real-world scenarios. Whiteblock Genesis allows users to quickly develop and test performance and security over a variety of networks. Developers can automate transactions, test fault tolerance, and quickly provision a private TestNet that simulates the real-world conditions of a live and dynamic global blockchain network. Members who desire full discretion over the architecture and compute power of their testing networks can learn more about the features, and start running their own TestNets today in Whiteblock Genesis by visiting whiteblock.io/genesis.

About the EEA

The Enterprise Ethereum Alliance (EEA) is a member-driven standards organization whose charter is to develop open blockchain specifications that drive harmonization and interoperability for businesses and consumers worldwide. Our global community of members is made up of leaders, adopters, innovators, developers, and businesses who collaborate to create an open, decentralized web for the benefit of everyone. To join the EEA, please reach out to membership@entethalliance.org.

Supporting Member Quotes

ConsenSys

“The EEA TestNet is the next step in creating a thriving ecosystem for Ethereum-centric architectures. These solutions will deliver improved privacy and performance for a wide variety of applications, including digital identities, supply chains, financial industry platforms, consumer financial services and any industry that values some collaboration among competing entities. ConsenSys is proud to support the EEA TestNet with our Enterprise Ethereum technologies, including our contributions to the open-source Hyperledger Besu,” said Dan Heyman, EEA member and head of PegaSys at ConsenSys. 

Microsoft

“Microsoft joins the other members of the EEA in celebrating the launch of the EEA TestNet to accelerate the development and testing of cross-platform enterprise blockchain. With this significant step, the EEA has created the mechanism for the world’s largest companies and the most innovative startups to work together and accelerate blockchain adoption,” said Marley Gray, a founding EEA Board member, chair of the Token Taxonomy Initiative and principal architect at Microsoft.

Hyperledger

“We’re very pleased to see the EEA launch its TestNet,” said Brian Behlendorf, executive director, Hyperledger, an EEA Associate Member. “This will help accelerate the tie-in between EEA technical specifications and Hyperledger projects that were built to adhere to those specifications. For example, Hyperledger Besu, which works with both public and private Ethereum networks, is the first Ethereum client project available through Hyperledger that conforms to the EEA’s Client Specification. Making Besu available on the EEA TestNet provides EEA members the opportunity to test their own applications with what we hope will eventually become EEA-certified, Hyperledger-hardened code.”

 

The post Enterprise Ethereum Alliance TestNet Offers Global Businesses a Way to Collaborate to Advance Real-World Blockchain Platforms appeared first on Enterprise Ethereum Alliance.

Source: https://entethalliance.org/enterprise-ethereum-alliance-testnet-offers-global-businesses-a-way-to-collaborate-to-advance-real-world-blockchain-platforms/

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Judge denies WeChat ban in US

WeChat ban in US has been denied by the honorable court. Federal Judge Laurel Beeler denies the request to take down the WeChat mobile app. The judge deems the provided data misaligned and unjustified. Over 19 million WeChat users of America will continue to enjoy the updated services of the mobile app as a Californian […]

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  • WeChat ban in US has been denied by the honorable court.
  • Federal Judge Laurel Beeler denies the request to take down the WeChat mobile app.
  • The judge deems the provided data misaligned and unjustified.

Over 19 million WeChat users of America will continue to enjoy the updated services of the mobile app as a Californian federal judge rejected the Department of Justice’s (DOJ) plea to take down the app availability for download through Apple and Google stores.

Arguing that WeChat like TikTok services constitutes a serious national security threat, the Department of Justice expected to convince Laurel Beeler, U.S. Magistrate Judge of the danger of the Tencent mobile program. The application seems to be a victim US-China trade war.

Much to their dismay the magistrate is reported to have rejected their claims and provided proofs of evidence weighing heavily towards the mobile app posing a number of security issues deeming it best to be banned from American mobile users.

WeChat ban in US rejected based on arguments

Beeler’s statements of Oct 23, Friday suggest the presented data and drawn conclusion by government officials to be misaligned and non-justified with the claims made against the Mobile app. Rejecting the WeChat ban in US he deemed the event to have added unnecessary professes take government inclined interests forward.

The app popular among the US and China-based users is available for personal and corporate business purposes and is similar to Facebook, WhatsApp, Instagram, and Venmo. Users have dejected the government claims for the WeChat ban in US as a communication source, based on mere speculation.

Another order proceeding initiated by the Commerce Department of the US, similar in nature, has been obstructed in September by Laurel Beeler that would have dictated the app’s ban through US-based App stores. The department was expected to have prohibited distribution of both WeChat and TikTok.

As per earlier reports of The New York Times, TikTok users will be bereaved from access to updates and upgrades to improve and maintain the app effective from Sunday Night – Wilbur Ross, US Commerce secretary.

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LINK Bulls Activate With 12% Daily Increase But Can They Break $12.5 Resistance? (Chainlink Price Analysis)

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LINK/USD – Bulls Form Ascending Price Channel

Key Support Levels: $11.50, $11, $10.50.
Key Resistance Levels: $12.33, $13, $13.50.

LINK bounced higher from the support at $8.77 at the start of October. From there, it started to form an ascending price channel. The coin recently bounced higher from the lower boundary of this price channel as it reversed from the $9.80 support on Wednesday.

Yesterday, LINK pushed as high as $12.33, where it met resistance at a bearish .5 Fib Retracement combined with the channel’s upper boundary. LINK is now trading at $12 as it faces the $12.33 resistance.

linkusd-oct23
LINK/USD Daily Chart. Source: TradingView

LINK-USD Short Term Price Prediction

If the buyers can break the resistance at $12.33 and push above the channel’s upper boundary, the first level of resistance lies at $13. Above this, resistance is expected at $13.50 (bearish .618 Fib), $14, $14.72, and $15.20 (bearish .786 Fib).

On the other side, the first level of support lies at $11.50. Beneath this, additional support lies at $11, $10.50, $10, and $9.80 (lower boundary of price channel).

There is some bearish divergence that could potentially be forming between RSI and the price. It will be important to watch this divergence to see if it plays out over the next few days as it could potentially send LINK toward the lower boundary of the price channel again.

LINK/BTC – Buyers Battling To Reclaim 0.001 BTC.

Key Support Levels: 0.0009 BTC, 0.000868 BTC, 0.00082 BTC..
Key Resistance Levels: 0.00094 BTC, 0.001 BTC, 0.00108 BTC.

Against Bitcoin, LINK is currently trading at the 0.0094 BTC resistance level. The buyers attempted to break above 0.001 BTC earlier in the month but failed miserably. A bearish .382 Fib Retracement level provides the resistance here, and it caused LINK to roll over until support was found at 0.00082 BTC a few days ago.

Since reaching this support, LINK has rebounded higher and is now facing resistance at 0.00094 BTC before it can make another attempt at 0.001 BTC.

linkbtc-oct23
LINK/BTC Daily Chart. Source: TradingView

LINK-BTC Short Term Price Prediction

Looking ahead, once the buyers break 0.00094 BTC, the first level of resistance lies at 0.001 BTC (bearish .382 Fib). This is followed by resistance at 0.00108 BTC (bearish .5 Fib), 0.00112 BTC, and 0.00116 BTC (bearish .618 Fib).

On the other side, the first level of support lies at 0.0009 BTC. This is followed by added support at 0.000868 BTC, the rising trend line, 0.0008 BTC, and 0.00075 BTC (downside 1.414 Fib extension – purple).

The Stocahstic RSI recently produced a bullish crossover signal that allowed LINk to rebound higher.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.


Source: https://cryptopotato.com/link-bulls-activate-with-12-daily-increase-but-can-they-break-12-5-resistance-chainlink-price-analysis/

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2020 Presidential Election Structure in Georgia Hit With a Ransomeware Attack

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Local government networks were the target of a recent ransomware attack in a county in the state of Georgia. The key voting infrastructure assault reportedly managed to affect “critical systems” within the network.

The First Ransomware Attack For This Election Season

According to a recent CNN news report, the attack on Georgia’s Hall County was disclosed on October 7, while the aftermath of the hit is starting to emerge now. As per the release “critical systems within the Hall County Government networks” suffered the intrusion and this might be the first ransomware attack for this election season in the United States.

Katie Crumley, a Hall County spokesperson, said that among the affected systems in the county are the signature database, plus a voting precinct map hosted on the county’s website. However, she added that the personnel is now being successful in bringing some of the programs back to operational.

“We are currently bringing various programs back online, and those two items are included in that process,”. However, the voting process for our citizens has not been impacted due to the network issues.” – Crumley added.

As per the news report, the belief is that the attackers didn’t aim to specifically targeted election systems and that several other county functions like phone and email services had suffered as well.

Officials from Hall County report that third-party cybersecurity professionals are working to hasten the recovery.

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More Ransomware Attacks On The Horizon?

The Georgia Hall County ransomware attack has been reported as the first incident to directly strike election-related infrastructure. However, this wasn’t the sole case of such a scale in the last months.

“At least 18 county or municipal bodies have been impacted by ransomware since the beginning of September — about three per week — so it’s very likely that other bodies will be hit in the run-up to the election.” – Said Brett Callow, a threat analyst at the security firm Emsisoft.

Aside from this, ransomware attacks are omnipresent in other countries and companies. In July such an intrusion hit Argentina’s largest telecommunications company Telecom. Back then, the cybercriminals demanded a $7.5 million ransom to be paid with the privacy coin – Monero (XMR).

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Source: https://cryptopotato.com/2020-presidential-election-structure-in-georgia-hit-with-a-ransomeware-attack/

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