All Things Alt: The Internet of Block Chains and an Injunction Against Moolah

Today, the syscoin team, represented by UK-based law firm Selachii LLP, was granted an emergency injunction against Moopay, also known as Moolah, by the High Court in London following an effort to resolve the situation out of court.

Moolah io Mr Justice Hamblen in the High Court of Justice has granted an Injunction against you this evening A copy has been emailed to you.

The viacoin team recently released its block chain notary implementation, which enables cryptographically proofed timestamping to authorize the veracity of legal documents or contracts.

CoinDesk recently caught up with viacoin developer BTCDrak, who in conversation argued that the block chain should be looked at as a ledger of speech rather than a ledger of asset exchanges.

"The reason why people are saying that bitcoin is really speech is that the block chain is simply proof of publication. In bitcoin's case, you're publishing what are basically digitally signed checks, saying that Alice pays Bob, Bob pays Charlie, etc. There's no actual asset in the block chain - it's just a bunch of messages being published."

On a conceptual basis, this is where the use case of the block chain for smart contract creation and documentation comes into play.

XCurrency developer proposes 'Internet of block chains'.

Dubbed the "Internet of blockchains", the BlockNet will seek to allow for node-to-node communication across multiple block chains, essentially creating bridges between them over which different services can be rendered to users off of the block chain.

It's been said that the altcoin developer represents the project as a whole, serving as both the public face for new updates and the leading voice against detractors.

In recent months, calls for a new direction in the altcoin community have resulted in several altcoin launches that claim to be breaking existing moulds for development by putting forward fresh ideas.