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Shadowsocks VPN: A Gateway to Censor-Free Internet

Shadowsocks VPN: A Gateway to Censor-Free Internet

In the modern era, the Internet is indispensable. It's our go-to for everything from education and work, to leisure and social connections. However, not all of this digital universe is freely accessible. In numerous regions, heavy-handed internet censorship is exercised by governments or large entities, limiting what can be viewed or shared online. Websites can be blocked, specific content can be filtered out, and online activities can be closely monitored. This control is often justified on grounds of political, religious, or moral beliefs, or on the premise of national security. Unfortunately, such censorship infringes on the intended openness of the internet.

In response to this challenge, a tool known as Shadowsocks has been developed. Its primary purpose is to break through these digital barricades and uphold the principle of a free and open internet. An added bonus is that Shadowsocks can facilitate the undetected use of Virtual Private Networks (VPNs), providing users with an additional layer of privacy. This article will delve into the details of Shadowsocks—its origins, how it works, and its pivotal role in the contemporary pursuit of digital freedom.

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An Overview of Recent CBDC Developments

An Overview of Recent CBDC Developments

Governments worldwide are rushing to develop central bank-backed digital currencies (CBDCs) as a direct response to the booming cryptocurrency market. This article will provide readers with an overview of recent developments in the CBDC sector. 

China Leads the Way for CBDC Development and Adoption

China is well known for being the first country to show utter seriousness in the development of its CBDC - the Digital Yuan. At this point in time, core development is essentially concluded, as China has already started testing and early-phase adoption efforts. Multiple events have happened since our last coverage of China’s CBDC development.

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An Overview of Recent Developments on China’s Upcoming Digital Yuan

An Overview of Recent Developments on China’s Upcoming Digital Yuan

Over the last couple of months, the People’s Bank of China (PBoC) has been actively working on the development of the country’s central bank-backed digital currency (CBDC) – the Digital Yuan. Based on the large number of media reports on the matter, we can only assume that once released, China’s CBDC will be an instant success amongst the Chinese population, thus paving the way for future national digital currency experiments. 

This article is meant to provide an overview of the most recent developments regarding the digital yuan. 

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Will Bitcoin Face another Bull Run Thanks to Bitcoin Options and the Upcoming Halving?

Will Bitcoin Face another Bull Run Thanks to Bitcoin Options and the Upcoming Halving?

Over the last couple of weeks the bitcoin price has expressed intensified levels of volatility, given the fact that its value has increased by $2,000 within 3 days, between the 24th and 27th of October, thus reaching a value of $9,548. However, this bull-run wasn’t long-lived granted that the price has once again decreased to the $8,750 threshold at the time of writing.

This article is meant to serve as an analysis into what triggered this month’s price volatility, while also offering several short and medium-term predictions.

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Facebook Might Not Peg the Libra Coin to the Chinese Yuan

Facebook Might Not Peg the Libra Coin to the Chinese Yuan

Facebook’s Libra Coin is currently one of the most expected digital currencies, granted its potential of changing the current dynamics of the market. While many members of the crypto community may argue that Libra isn’t a real cryptocurrency due to its centralized architecture, it certainly shouldn’t be ignored.

Recently, Facebook made several statements regarding its upcoming digital currency. For instance, it presented the Libra Association, a select group of 100 individuals who will be responsible for governing the coin, in an effort to ensure that no person holds complete control over its development. As such, any decision regarding the coin must be made by the association, according to its statute.

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China’s Central Bank Blockchain Financial Trading Platform Processes Over $4 Billion

China’s Central Bank Blockchain Financial Trading Platform Processes Over $4 Billion

While China has actively iterated its negative opinion on cryptocurrencies, the Asian nation is actively looking for ways to implement blockchain technology in its daily financial operations.

According to recent reports, not long ago, the People’s Bank of China (PBoC) has developed a blockchain-based financial trading solution that would be used to process a variety of transactions, with the focus being put on foreign currency exchanges. Now, the system has been in use for a while, and the PBoC recently issued a press statement, mentioning that the blockchain platform has processed over $4.36 billion-worth of foreign exchange transactions.

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China’s Wikipedia Adds Blockchain-Based Revision System

China’s Wikipedia Adds Blockchain-Based Revision System

As part of China’s censorship moves, the Chinese version of Wikipedia has been banned at the beginning of 2018. Despite this, there is an alternative to the encyclopedia available in the country, this being Baidu Baike, which is the search giant’s equivalent to the platform.

Now, recent reports indicate that the website has implemented blockchain technology, in order to help record all revision entries. The move is meant to bring more transparency alongside traceability for revisions to the online platform.

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China’s Current Stance on Blockchain Technology Detailed in White Paper

China’s Current Stance on Blockchain Technology Detailed in White Paper

The state of cryptocurrencies and blockchain technology in China is especially relevant to the industry, given the country’s active regulatory process, which has heavily influenced the market in the past.

Recently, the Chinese Ministry of Industry and Information Technology, commonly known as MIIT, has published a white paper regarding the blockchain technology market in mainland China. Despite the country’s crackdown on digital currencies, it seems like by the end of March 2018, there were 456 active blockchain-based companies. In fact, according to Yu Jianing, the chief of the MIIT Information Centre Industrial Economy Research Institute, 2017 has been the best year for the industry so far, granted the appearance of 178 blockchain-related companies, whereas the technology begun achieving maturity.

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Chinese Central Bank Representative Issues Statement on Future of Bitcoin

Chinese Central Bank Representative Issues Statement on Future of Bitcoin

For many years, China was an extremely important member of the digital currency market, with over 90% of the global trading volume being conducted in the region. However, back in September, the Central Bank of China decided to crackdown on cryptocurrencies and hence ban Initial Coin Offerings (ICOs) and stopping exchanges from serving customers in China.

Following the crackdown, there have been many rumours that China was planning to resume trading, yet a recent statement from a deputy governor of the People’s Bank of China dismisses these rumours.

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Understanding Ethereum’s status in South Korea

Understanding Ethereum’s status in South Korea

In a short period of time, Ethereum has managed to gain a lot of popularity on the digital currency market, with millions of dollars-worth of investments being poured into the new, trustless, smart contracts technology, which has a huge potential to further revolutionize the way we transmit data of all kinds, and the security behind it.

The last couple of months have brought forward a couple of growths and decreases in value, so this article will focus on some of today’s main factors that will further encourage Ethereum development, adoption and popularity. Additionally, Vitalik Buterin, has recently mentioned that: “I would say that Ethereum’s main benefits are in its generality and in its utility to many kinds of industries. There are applications in finance, identity, supply chain tracking, health care, energy and many other areas. This is a result of Ethereum deliberately being designed as a general-purpose programming platform.”

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