Your daily distillation of crypto news for Tuesday, March 12, 2019:
The domain Ethereum.com is for sale, but potential buyers may experience sticker shock. In land-grabbing spirit, the owner purchased the domain in 2011 and is now selling it for a small fortune at $10 million. Indeed, the domain's registration date precedes the launch of Ethereum by a little over four years.
However, some legal-minded redditors believe the owner's possession of the domain to be cybersquatting. Nick Johnson of the Ethereum Name Service noted that simply asking for money for the name is enough to be considered cybersquatting, as a similar argument was made in Microsoft vs. MikeRoweSoft.
Another redditor added that if a domain bears resemblance to a trademark and is not being used, the owner could potentially lose the name. That said, case law is not definitive regarding acts of cybersquatting.
MEW Block Explorer
According to information shared with ETHNews, MyEtherWallet (MEW) recently launched the alpha of its EthVM open-source Ethereum block explorer. The team believes its explorer rivals options such as Etherscan because EthVM "enables additional features and welcomes community collaboration," adding that the platform's ease of use would enable "new cryptocurrency users to easily navigate and understand the Ethereum network."
MEW's vice president, Olga Kupchevskaya, expressed enthusiasm for the open-source project:"The explosion of interest in cryptocurrencies in 2017 brought many new players to the blockchain space, but also bewildered many newcomers. What we need are open-source blockchain tools that can provide knowledge and resources to this growing community, in order to facilitate healthy technology development."
EthVM can be accessed via the Ropsten testnet. Kosala Hemachandra, founder and CEO of MEW, said he wanted to start with the Görli testnet, but the team "needed a test platform with lot of noise and state size" like Ropsten.
Arjun Bhuptani, founder of the blockchain platform Connext, today announced the mainnet release of the Dai Card, a browser-based user interface – built on top of Connext's Indra payment channel hub – to allow individuals to make off-chain payments in DAI. Bhuptani said the interface was built to accommodate various needs, including the desire to make fast crypto payments without making any trust concessions and to have a collection method for user data related to running a payment channel hub.
The Dai Card works like Austin Griffith's Burner Wallet in that it hosts an Ethereum wallet within the local storage of a user's browser. Further, in line with Connext's micropayment focus, the interface presently has a deposit maximum set at $30.