Distributed Digest: Thursday, March 21, 2019

Your daily distillation of crypto news for Thursday, March 21, 2019:

Loom Interoperability

James Martin Duffy, co-founder of the Loom Network, yesterday announced via Medium that in the coming weeks, Loom will release Tron and EOS integrations into PlasmaChain (one of the network’s three main sidechains). Duffy said the integrations “will massively benefit the developers and end users of all three chains,” asserting that this development will make each chain’s ecosystem richer regardless of whether somebody chooses to interact with the other two networks.

With these integrations, dApp developers on Tron and EOS will be able to tap into PlasmaChain’s transaction functionalities. Duffy believes the development of such dApps, in connection with PlasmaChain, will ultimately benefit Ethereum and provide greater utility to the ecosystem.

Further, Duffy reassures the community that Loom is not being funded by either Tron or EOS; the team simply believes that interoperability is the right step for the evolution of blockchain technology.

Tenderly Beta

Software engineer Bogdan Habic today posted on Medium that the beta for the EDCC (aka smart contract) monitoring tool Tenderly is now open to the public. With Tenderly, developers can track errors and debug issues in real time.

Habic adds that the Tenderly dashboard allows users to “see everything that is going wrong with your contract … [without the] need to check Etherscan regularly.” Interested individuals can sign up for the monitoring tool at https://tenderly.dev/.

Augur Scam?

Yesterday, a redditor detailed a scam they say they have observed on the Augur prediction market platform. According to this individual, an Augur user has been creating markets with subtle description mistakes, betting on outcomes that will not win, staking Reputation tokens on these markets being invalid, and then receiving an equal distribution of the staked funds. Although the redditor said only one person has been actively scamming Augur in this way, they also noted that this individual has recruited other Augur users to participate in the scam.

Joey Krug of Augur responded to the reddit thread to clarify some details and mention that this bug in the system will be fixed come version two of the platform. However, Krug said Augur already has a feature called a validity bond that can help to combat the scam.

Dani is a full-time writer for ETHNews. He received his bachelor’s degree in English writing from the University of Nevada, Reno, where he also studied journalism and queer theory. In his free time, he writes poetry, plays the piano, and fangirls over fictional characters. He lives with his partner, three dogs, and two cats in the middle of nowhere, Nevada.

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