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A Job without A Boss

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Mwaa Joseph (twitter, github) is a blockchain developer from LeapDao team in Kenya, Africa. In this issue, he shared his experience working in a DAO (decentralized autonomous organization).

Where are you based and what’s the local crypto community look like?

Mwaa: I am based in Kenya the heart of East Africa. The crypto community is actively growing each year. There are a few established blockchain accelerators that have promoted more talks and short courses for wider community. …


A deep dive into China’s DLT strategy

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There is an old slogan in China, “building the road is the first step to becoming rich”, Asian countries use infrastructure to boost the economy, and China is probably the most aggressive one — its annual average infrastructure spending is one of the highest among all at 8.3 percent of its GDP in 2010–2015, according to data from Statista.

In the last two decades, China has built the most highways and high-speed railways, it now has decided to extend the infrastructure building to digital dimension. …


what’s after?

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Hello, welcome to RelayNode China! China’s blockchain ecosystem is growing rapidly. We are aiming to share what local people are discussing and curious about and provide a weekly curated list of interesting content and upcoming (virtual) events. During this special period of time, please stay safe, healthy and informed. You can subscribe at[chinarelaynode.substack.com] :)

Bitcoin just had its third halving last week with numerous online celebrations — F2pool wrote “NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds 2008 Rescue”on the final block before halving, which reminded us why bitcoin was created.

People believe the governments’ quantitative easing may push the BTC price to new highs down the road. However, the current sentiment is mild, if not gloomy, especially for miners as their profits just halved. As of today, the hashrate dropped to 95 TH/S, or nearly 30% from prior-halving‘s peak according to data from tokenview. …

About

Jane Wu

what’s new in crypto China, the hype, fomo, geek and memes on chinarelaynode.substack.com

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