"At some point - to reach scalability - we will have to do things like sharding and subnetworks. It’s possible that some of those will have a Turing complete scripting language.” - McCaleb TALKS Scalability, Inflation, SCP Spreading, Lightyear McCaleb spoke at hack.summit this week and talked about Stellar’s scaling plans, why lumen inflation exists, other non-Stellar projects using SCP, and Lightyear.io’s role. "At some point - to reach scalability - we will have to do things like sharding and subnetworks. It’s possible that some of those will have a Turing complete scripting language." Link PROTOCOL Bump Sequence Available A crucial step before implementing Lightning on top of Stellar is enabling the bump sequence operation, which is now available in protocol version 10. The bump sequence operation allows you to bump the sequence number on your account forward. “Stellar’s state channel implementation relies on the fact that every Stellar transaction specifies a source account and a sequence number. We’ve figured out how to use those sequence numbers as a natural versioning mechanism for off-chain payments; it’s similar to how your bank gets alerted for out-of-order cheques. To do the versioning, we’re taking advantage of a new operation, BUMP_SEQUENCE.” - SDF. Link (click "Bump Sequence") WALLETS Apple App Store Allows Lumen Wallets Apple is starting to allow wallets for Stellar Lumens on their App Store. Wallet apps from BlockEQ (good design) and Lobstr (good features) are now available. BlockEQ Lobstr ANCHORS Stronghold Raises $3.3MM Stronghold will use this funding to improve its retail and OTC trading products and custody solutions, as well as anchor more assets on the Stellar network. Link ECOSYSTEM Tempo’s Barker on SEP-0007 Anthony Barker lays out some history on federated addresses, interesting uses of federation, how SEP-0007’s URIs and possible QR codes could improve transaction signing, and use of those QR codes in a POS environment. Link ASSETS London Football Exchange on Stellar The London Football Exchange (LFE) is now a client of Lightyear.io and is building a football club stock exchange, letting customers invest in shares of football clubs on top of Stellar. Link EVENTS SF Blockchain Meetup with Coinbase, Stellar, Hyperledger, and Blockdaemon

Join Blockdaemon for a panel on Dev tools, Decentralization & Technical Debt: a developers view into blockchain network architecture.

July 19 , 2018 | San Francisco Join Blockdaemon for a panel on Dev tools, Decentralization & Technical Debt: a developers view into blockchain network architecture.July 19 , 2018 | San Francisco WEEKLY GIF Asymptotic security means large amounts of computing power cannot sabotage consensus. Proof of Work isn't asymptotically secure due to 51% attacks; SCP is because votes are signed with validators' secret seeds. ❤️,

- Kyle



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