Founded by OS expert Rong Chen, Elastos is building the blockchain industry’s most comprehensive and interoperable open source platform. Using a hybrid consensus that combines the secure hashpower of Bitcoin and the democratic ideals of DelegatedProofofStake, the SmartWeb of Elastos is a suite of software for an entirely decentralized internet. Elastos employs not only blockchain technology, but a peertopeer network for communication, decentralized data storage services, and a decentralized ID DID system for all digital assets. With sidechains like Ethereum, Elastos is not merely the foundation for securing truly decentralized applications that can scale, it is the foundation for true data ownership. elastOS, the flagship product of the Elastos Smartweb, brings the entire decentralized ecosystem into a single App, currently available for Android and in development for both iOS and desktop.Elastos is also actively searching for both new and existing dApp projects through its Cyber Repub...
1. Main topic: Presidential hopefuls RFK Jr. and DeSantis rally against FedNow The article discusses how two Presidential hopefuls,Robert F. Kennedy Jr. and Ron DeSantis,are opposing the FedNow payments system,which is being developed by the Federal Reserve. According to the article,they see the system as a potential threat to individual privacy and state sovereignty. RFK Jr. is concerned that the system could lead to increased government control over individuals' financial transactions,while DeSantis argues that states should be able to choose their own payment systems. 2. Details on the FedNow payment system FedNow is a proposed instant payment system being developed by the Federal Reserve. The system is intended to allow individuals,businesses,and institutions to make real-time payments and transfers between accounts,24 hours a day,seven days a week. According to the Fed,the system will be designed to promote "efficiency,accessibility,and competition" in the U.S. payme...