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Submission Summary: 0 pending, 0 declined, 3 accepted (3 total, 100.00% accepted)

Submission + - Blockchain Firm Planning to Build 'Smart City' Buys Slock.it (bloomberg.com)

chiefcrash writes: Blockchains LLC, a Nevada based startup that plans to build an ethereum city, has acquired Slockit, the German based startup known for their attempt in 2016 to build an ethereum computer as well as the DAO.

President David Berns declined to say how much the firm paid for Slock.it, but said a major incentive for the purchase was the target company’s Incubed product, which connects devices like appliances and vehicles to the Ethereum blockchain using minimal bandwidth and power. “For our vision of what we want to do for smart cities, that software is key,” Berns said.

Submission + - Popular password managers have severe vulnerabilities (zdnet.com)

chiefcrash writes: Independent Security Evaluators (ISE) published an assessment on Tuesday with the results of testing with several popular password managers, including LastPass and KeePass. The team said that each password management solution "failed to provide the security to safeguard a user's passwords as advertised" and "fundamental flaws" were found that "exposed the data they are designed to protect."

Submission + - Blockchains LLC plans a blockchain-based Smart City in Nevada (nytimes.com)

chiefcrash writes: A lawyer and cryptocurrency millionaire named Jeffrey Berns spent millions on an enormous plot of land near Reno. Now he wants to build a community based on the blockchain technology.

An enormous plot of land in the Nevada desert — bigger than nearby Reno — has been the subject of local intrigue since a company with no history, Blockchains L.L.C., bought it for $170 million in cash this year.

In a keynote spectacle at Devcon4 in Prague, Berns announced some of their plans for the future, as well as some of their recent activities: such as buying 2 nuclear bomb shelters, a mountain fortress in Switzerland, and a bank.

Article: https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.nytimes.com%2F2018%2F1...

Watch the keynote, including Tupac-style hologram: https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3F...

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