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2025-02-13 00:00:53
Judge rules Trump administration and DOGE can continue to enforce federal employee resignation deadline
<p>Odaily News At least dozens of employees were laid off at the Technology Transformation Services Agency on Wednesday, a day after similar layoffs were made at the Consumer Financial Protection Bureau.<br/> Separately, a federal judge ruled that the Trump administration can continue to enforce an extension of a deadline for federal workers to resign.<br/> U.S. District Judge George O&#39;Toole said the unions that sued to block the deadline lacked standing to sue because they were not &quot;directly affected by the directive.&quot; He also said the court had no jurisdiction over the suits.<br/> The Office of Personnel Management (OPM) offered federal workers an extension of their resignation deadline, dubbed a &quot;fork in the road,&quot; in an email on Jan. 28, with an initial deadline of Feb. 6.<br/> Until then, workers must decide whether to remain in their jobs, as they are uncertain whether their positions or departments will be eliminated, or accept the Office of Personnel Management&#39;s offer that they would receive full pay and benefits until Sept. 30, 2025, regardless of workload.<br/> O&#39;Toole issued a temporary restraining order on Feb. 6 extending the deadline until at least Monday after a group of unions filed a lawsuit. On Monday, he extended the deadline again until the ruling.<br/> On Wednesday, he ruled to lift the restrictions, leaving the next move to the Department of Government and Government Efficiency (DOGE), which is leading the push to cut federal staff. (BusinessInsider)<br/></p>
2024-09-09 04:22:46
Mempool founder: Fractal Bitcoin appears to be a &quot;clone&quot; of Bitcoin Core v24.0.1
Odaily News @mononautical, the founder of mempool, posted on X that Fractal Bitcoin went live on the mainnet a few hours ago. This seems to be a hastily &quot;cloned&quot; copy of Bitcoin Core v24.0.1, with some consensus adjustments and some code &quot;copied&quot; from namecoin and bcash. The main changes are as follows: - Mixed standard PoW and merged mining blocks; - 30-second target block time; - Continuous difficulty adjustment, copied from bcash; - The maximum supply of tokens is 210 million; - The initial block reward is 25 tokens per block; - Halved every 2.1 million blocks; - OP_CAT has been activated. In addition, its premine tokens account for 50% of the fully diluted supply of Fractal Bitcoin. If everything goes according to plan, miners will need a full two years (a Fractal Bitcoin halving interval) to earn half of the rewards that the founders received on the first day. He also said that Fractal Bitcoin&#39;s Litepaper contains a lot of meaningless technical terms about &quot;virtualization&quot;, &quot;recursively&quot;, and &quot;scaling in layers&quot;, but the actual deployment has almost no similarities. So in his opinion, this is just another shitfork (of Bitcoin). Earlier news, according to the token economics disclosed by Fractal Bitcoin, the total supply of FB tokens is 210 million, with specific distribution as follows: 50% for proof of work (PoW) mining, 15% for the ecosystem treasury, 10% for community grants, 5% for presales, 5% for consultants, and 15% for core contributors. The upper limit of the allocation of the ecosystem treasury and community grants is 10% of the total annual allocation, which is distributed over 10 years. The upper limit of the allocation of consultants is 20% of the total annual allocation, which is distributed over 5 years.
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