FinTech news in BitTorrent category

Espresso Systems, the company behind the blockchain project, is led by Fisch, chief operating officer Charles Lu and chief scientist Benedikt Bünz, collaborators at Stanford who have each worked on other high-profile web3 projects, including the anonymity-focused Monero blockchain and BitTorrent co-founder Bram Cohen’s Chia.

Beyond the consensus mechanism, Wagstaff says Subspace allows for data to be stored far more cheaply than on other blockchains by incentivizing users to run archival nodes, which store historical data relating to a particular blockchain. Subspace will use the capital to expand its integrations with projects on other blockchains and build a dedicated product team to support its Subspace Meta Services (SMS) segment.

Collaboration, not litigation Blockchain technology provides artists a direct way to build a community with their fans by allowing them to identify fans, gift or sell things to fans without intermediaries, and form communities with shared artifacts and signals.