The founder of Gaw Miners is going to jail.

Good evening. I'm Mark Hoxstein, and this is late confirmation from CoinDesk, bringing you the top

stories for September 14, 2018. On today's program, R3's Quora packs the house in London,

and IBM and Hesera launch a new blockchain yellow pages. In a moment,

we'll speak with Coin desk reporter Rachel Rose O'Leary about recent developments on Ethereum's

road to becoming scalable. But first, a word from our sponsor.

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And we're back.

Vlad Zamfair and some other developers on Ethereum have completed a proof of concept for sharding,

one of the most hotly anticipated scaling solutions for the second largest blockchain.

Here to discuss this development is our resident Ethereum-Doyen, Rachel Rose O'Leary. Rachel, the first thing that comes to mind when I hear the term proof of concept, I imagine

people just rolling their eyes because we've had so many POCs in this space that there's a bit of

fatigue. Why is this particular proof of concept important? Yeah, I mean, so essentially, I totally

got what you're saying because proof of concept has all these kind of different meanings depending on

what you're talking about. But in this case, it's just demonstrating

that one aspect of an idea works in practice.

So it's a very early code implementation

that lacks a lot of fundamental architectural features

that it would need in order to be a real working software.

...