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Distributed Digest: Tuesday, January 15, 2019




MakerDAO rebuilds its Oasis system, the Ethereum Name Service releases a new manager app, and The Brooklyn Project and TruSet launch a community crypto-compliance initiative.

Your daily distillation of crypto news for Tuesday, January 15, 2019:

MakerDAO's New Oasis

MakerDAO announced via Medium yesterday that on January 31, it will remove its OasisDEX and Oasis.Direct front-end markets and rebuild Oasis in pursuit of a new strategic direction. Originally built as a decentralized Ethereum marketplace, the updated Oasis will demonstrate "the full potential of the Multi-Collateral Dai platform," according to Maker. Specifically, the team wants to establish a locus for trading Multi-Collateral Dai and the various collateral assets used to back Dai, while still allowing users to access the collateralized debt position features for these assets.

Maker noted that the new platform will be released after Multi-Collateral Dai is out in the wild, but there is no guarantee as to when the marketplace will launch. Though MakerDAO has made a lot of progress toward releasing Multi-Collateral Dai, the Dai stablecoin can currently only be collateralized with Ether.

ENS' New Manager App

Elsewhere in Ethereum, the Ethereum Name Service (ENS) announced via Twitter yesterday that it has launched a "fully redesigned ENS manager." The ENS manager interface is built with non-technical users in mind, allowing individuals to search for names, manage addresses, and create subdomains for names.

One community member noticed a possible issue with the app's address-lookup functionality, though ENS developer Jeff Lau quickly addressed it. Lau also indicated that there are plans to later incorporate registration functionality into the manager.

Community-Supported Crypto Compliance

In the broader blockchain community, crypto groups The Brooklyn Project and TruSet recently launched a community crypto-compliance initiative. Recognizing the difficulties associated with attaining crypto-related compliance, such as costly information gathering and a lack of coordination in obtaining such data, the two groups (with support from AirSwap, Gnosis, and Kyber) decided to test the possibility of "making the process more collaborative, efficient, and reliable through community-validated data."

Using TruSet's cryptoeconomic system to incentivize participation, individuals are rewarded in TRU tokens for both publishing accurate data records related to token projects and validating their accuracy. Gnosis also contributed a 20 ETH bounty to add to the rewards pool. At the end of the initiative, which is set for January 24, participants will receive a share of the ETH rewards.

Dani Putney

Dani is a full-time writer for ETHNews. They received their bachelor's degree in English writing from the University of Nevada, Reno, where they also studied journalism and queer theory. In their free time, they write poetry, play the piano, and fangirl over fictional characters. They live with their partner, three dogs, and two cats in the middle of nowhere, Nevada.

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