EOS Creator Reveals New Altcoin Project

There’s a new altcoin project in the works these days – the blockchain developer Dan Larimer announced Clarion, which is new crypto that targets to offer a decentralized social networking experience.

Larimer created the crypto platform EOS back in 2017, and this ranked in a historic $4.1 billion in its ICO. IN the official notes, he said that Clarion would be offering a revamped solution to the problem of creating a censorship-free social network.

The team aims to provide “the performance and reliability of a ‘centralized service’ with the freedom and independence of a logically decentralized network.”

The project intends to use a progressive Web Application, and it will focus on building a messaging protocol rather than a blockchain.

Clarion could achieve scalability much easier than some of its crypto counterparts as it does not have to carefully confirm transactions.

According to the official notes, Clarion OS hopes to offer users the ability to interact with other individuals on large and small scales.

“The core of the Clarion OS is a friend-to-friend message propagation protocol that enables the following kinds of message flows between cryptographic identities:

asynchronous person to person (like email)
realtime person to person (video/chat)
one to many (like tweet/Facebook)
many to many (like an open chatroom/blockchain)”.

We suggest that you check out the complete notes in the original post. 

Crypto triggers a transformational change in finance

The crypto market looks pretty bloody today, with most of the coins trading in the red.

In other recent news, a lot of people have been wondering how the new US administration feels about Bitcoin and crypto, and it seems that things are not as dark as some might have initially thought.

It’s been just revealed that President Biden’s pick to run the US SEC said that Bitcoin and crypto are triggering a transformational change in the world of finance.

According to the online publication the Daily Hodl, in a Senate confirmation hearing, Gary Gensler told lawmakers that Bitcoin and crypto assets are paving the way for a new financial era.

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.
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