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#Bitcoin fundamentals
btcapocalypse · 9 months
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Mastering the Art of Trading Crypto: The Dos and Don'ts
Trading crypto is a phrase that has become synonymous with the rapidly evolving world of cryptocurrency trading. In this article, you can delve into the intricate art of trading digital assets. We focus on how traders can leverage the services of reputable brokers like Exness to maximize their success in the crypto market. If you are ready, we can get started. The Crypto Trading…
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itphobia · 11 months
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What to Look Out for while doing Crypto Whitepaper analysis and Why it Matters?
Crypto whitepaper analysis matters a lot as it helps investors to determine how to maximize profit and assess potential risks.  Cryptocurrencies are a world where they are playing a very important role in introducing new projects and outlining their features through whitepapers. The white paper is of great importance to cryptocurrency traders. There are many new projects emerging in the crypto…
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investwithsuccess · 2 years
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Bitcoin Fundamentals Powerful? Quality, Price, Value, Psychology [CASE STUDY 2022]
https://youtu.be/Zi9E2PBB_J4
#crypto #bitcoin #fundamentals #learnhowtoinvest #h2intel #harryhamann #investing #finance #money #wealth
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rlyehtaxidermist · 11 months
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like fundamentally I think the AO3 hack is happening because someone made a list of “websites without DDoS protection above a certain amount of traffic” and said “sure, we’ll whack them a bit, maybe they’ll give us bitcoin” and then just attached whatever alleged motive would get them the most press time
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tanadrin · 2 years
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if there’s one piece of advice i could give my younger self, after ‘load up on bitcoin but only before it peaks the first time,’ or ‘you should get a head start on working out your Gender issues,’ it would be ‘learn to notice that tight feeling of frustration you feel when someone is clearly Doing It Wrong, like when you see bad art or bad poetry or when a kid in your class pronounces a word like “poem” funny, because not only is it just a feeling, and one you’re trained into by a set of social norms and prejudices about what is high prestige and what is low prestige, it’s a fundamentally ungenerous impulse, that interpretation of harmless variation as a kind of almost deliberate savagery, that turns a lot of people into raging assholes.’
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mariacallous · 4 months
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Can you imagine what a digital white ethnostate or a cyber caliphate might look like? Having spent most of my career on the inside of online extremist movements, I certainly can. The year 2024 might be the one in which neo-Nazis, jihadists, and conspiracy theorists turn their utopian visions of creating their own self-governed states into reality—not offline, but in the form of Decentralized Autonomous Organizations (DAOs).
DAOs are digital entities that are collaboratively governed without central leadership and operate based on blockchain. They allow internet users to establish their own organizational structures, which no longer require the involvement of a third party in financial transactions and rulemaking. The World Economic Forum described DAOs as “an experiment to reimagine how we connect, collaborate and create”. However, as with all new technologies, there is also a darker side to them: They are likely to give rise to new threats emerging from decentralized extremist mobilization.
Today, there are already over 10,000 DAOs, which collectively manage billions of dollars and count millions of participants. So far, DAOs have attracted a wild mix of libertarians, activists, pranksters, and hobbyists. Most DAOs I have come across in my research sound innocent and fun. Personally, my favorites include theCaféDAO, which aims “to replace Starbucks” (good luck with that!); the Doge DAO, which wants to “make the Doge meme the most recognizable piece of art in the world”; and the HairDAO, “a decentralized asset manager solving hair loss.” But some DAOs use a more radical tone. For example, the Redacted Club DAO, which is rife with alt-right codes and conspiracy myth references, claims to be a secret network with the aim of “slaying” the “evil Meta Lizard King.”
The year 2024 might be one in which extremists start using DAOs strategically. Policies, legal contracts, and financial transactions that were traditionally the domain of governments, courts, and banks can be replaced with smart contracts, non-fungible tokens (NFTs), and cryptocurrencies. The use of anonymous bitcoin wallets and non-transparent cryptocurrencies such as Monero is already widespread among extremists whose bank accounts have been frozen. A shift to entirely decentralized forms of self-governance is only one step away.
Beyond practical reasons that encourage extremists to create their own self-governed structures, there is an ideological incentive too: their fundamental distrust in the establishment. If you believe that the deep state or the “global Jewish elites” control everything from governments and Big Tech to the global banking system, DAOs offer an appealing alternative. Conversations on far-right fringe platforms such as BitChute and Odysee reveal that there is much appetite for decentralized alternative forms of collaboration, communication, and crowdfunding.
So what happens if anti-minority groups establish their own digital worlds in which they impose their own governing mechanisms? What are the stakes if trolling armies start cooperating via DAOs to launch election interference campaigns? The activities of extremist DAOs could challenge the rule of law, pose a threat to minority groups, and disrupt institutions that are currently considered fundamental pillars of democratic systems. Another risk is that DAOs can serve as safe havens for extremist movements by enabling users to circumvent government regulation and security services monitoring activities. They might also allow extremists to find new ways to fundraise, plan, and plot radicalization campaigns or even attacks. While many governments have focused on developing legal frameworks to regulate AI, few have even recognized the existence of DAOs. Their looming exploitation for extremist and criminal purposes is something that has flown under the radar of global policymakers.
Technology expert Carl Miller, who has long warned of potential misuse of DAOs, told me that “even though DAOs behave like companies, they are not registered as legal entities.” There are only a few exceptions: The US states of Wyoming, Vermont, and Tennessee have passed laws to legally recognize DAOs. With no regulations in place to hold DAOs accountable for extremist or criminal activities, the big question for 2024 will be: How can we ensure the metaverse doesn’t give rise to digital white ethnostates or cyber caliphates?
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the-npc · 4 months
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I fucking hate Palworld so much. Even more I hate the CEO of the company who made the damn game that peddles bitcoin and is fine with using AI images in their shit. He literally made a bitcoin wallet and a game where you literally just create AI images to guess which images have a different prompt as if you couldn't, I don't know, pay some fucking humans to make the art. Hell, it would be a better investment because you can regularly update the game with dlc patches that add more images to the library and support the people being plagiarized by image generators using LAION and other copyrighted art lists. But no we have to remove humans from art because it saves money and time that we can use to make more asset flipping slop.
We can't be sure if AI concept art was used for Palworld unless they release that information (which I bet they will) but even without that, the use of default unity assets in the game, the fact you can capture humans and enslave anything you've captured. I bet the game doesn't functionally reprimand you for enslaving little creatures and putting them to work. I bet it rewards you by letting you catch more able slaves and money for more factories, and nothing in the game prevents you from any of it. Nothing is preventing you capturing humans besides the fact they're useless in battle and the description of doing so being 'frowned upon' as if a description people can easily skip over and miss is something people will take seriously in a 'pokemon with guns'.
Other creature capture games make it a point that these creatures are your friends, you're journeying alongside them, the creatures you've had join your party love you just as much as you love them, which is why I also hate games and other media like this where people will take only the most surface level shit from a game and engage with it in bad faith. creature capture games like this that go 'haha isn't this funny? You're taking animals against their will and making them beat eachother up till they're unconscious, what if they got bloody and died, wouldn't that be crazy?' is on par with taking the fact Mario uses mushrooms to power up and going 'dude isn't it so funny how he takes shrooms? What if he got high when he did that lol'. It's one of the easiest interpretations of a game because people who engage with media like that don't actually engage with the core of what the game actually is.
Pokemon for an example is fundamentally a game about the environment monsters and humans live in, humans' relationship with them, growing up alongside friends and growing bonds with them, and even further than that, misplaced beliefs that can lead to catastrophic concequences, the need for control that can overtake people's lives, and above all of that, that the environment and the creatures that live in it need to be protected and cared for.
Palworld doesn't have a story. It has some characters, and it has some things you might need to fight against. A Pal liberation movement, a gang, police. It's an open world game, but I can't find for the life of me any quests or missions you're given, or any characters that exist besides the leaders. You can be put in jail for assaulting humans or pals, apparently? If the game's goal is to make people upset over it, or to be an edgy game about pokemon with guns, just a cynical look into the dev's mind, with nothing else to say, then it's doing it's job very well. It might even be fun to play if you're there for the gameplay and don't look too hard at it. Still fucking makes my blood boil. It isn't meant to have any kind of meaning to it, just an uncritical game about the enslavement of animals with nothing to say about it. They're tools for you to get stronger, nothing else. It makes my stomach turn.
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lejellabsxd2e · 5 months
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Dinamika Investasi Modern: Sejarah, Perbedaan, dan Tantangan Kripto, Saham, dan Trading
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Investasi telah menjadi bagian integral dari kehidupan keuangan, dan dalam era modern, kripto, saham, dan trading telah menjadi topik yang mendominasi pembicaraan finansial. Untuk memahami perbedaan antara ketiganya, kita perlu menjelajahi sejarah, karakteristik unik, dan tantangan yang dihadapi oleh masing-masing instrumen investasi.
1. Sejarah Kripto (Cryptocurrency)
Awal Mula:
Konsep mata uang kripto pertama kali diusulkan oleh Satoshi Nakamoto pada tahun 2008, yang mengembangkan Bitcoin sebagai mata uang digital pertama yang dioperasikan secara desentralisasi. Tujuan utama adalah mengatasi masalah kepercayaan dalam transaksi online.
Evolusi:
Setelah peluncuran Bitcoin, banyak kripto lainnya mengikuti, masing-masing dengan keunikan teknologi blockchain dan tujuan penggunaan yang berbeda. Ethereum, misalnya, memungkinkan kontrak pintar, sementara Ripple fokus pada transaksi lintas batas.
Tantangan:
Kripto menghadapi tantangan regulasi, volatilitas tinggi, dan kekhawatiran keamanan. Meskipun demikian, kripto telah menjadi aset yang menarik bagi investor yang mencari alternatif pada pasar tradisional.
2. Sejarah Saham
Masa Perkembangan:
Pasar saham sudah ada sejak abad ke-17, ketika Amsterdam Stock Exchange menjadi bursa saham pertama di dunia. Saham memberikan pemiliknya hak kepemilikan dan keuntungan dari laba perusahaan.
Revolusi Teknologi:
Revolution Industri membawa pertumbuhan pasar saham. Namun, sejarah juga mencatat krisis ekonomi dan gelembung spekulatif, seperti Krisis Keuangan 1929 dan gelembung dot-com pada tahun 2000.
Regulasi:
Pasar saham diatur ketat untuk mencegah kecurangan dan manipulasi. Badan pengawas keuangan seperti SEC (Securities and Exchange Commission) di Amerika Serikat berperan penting dalam melindungi investor.
3. Trading
Perkembangan Modern:
Seiring dengan kemajuan teknologi, trading telah berkembang menjadi aktivitas yang dapat diakses oleh individu melalui platform online. Ini termasuk day trading, swing trading, dan investasi jangka panjang.
Analisis dan Strategi:
Trader menggunakan analisis teknikal dan fundamental untuk membuat keputusan investasi. Algoritma dan teknologi kecerdasan buatan juga semakin memainkan peran penting dalam trading modern.
Tantangan dan Risiko:
Trading, terutama day trading, melibatkan risiko tinggi dan memerlukan keputusan cepat. Kesalahan kecil pun dapat memiliki konsekuensi finansial yang besar.
Masa Kini dan Tantangan Bersama
Perubahan Dinamika Pasar:Dalam beberapa tahun terakhir, kripto telah menjadi pesaing serius untuk investasi tradisional. Kedua pasar ini menghadapi tantangan dan peluang dalam menghadapi perkembangan teknologi dan perubahan kebijakan global.
Regulasi dan Keamanan:
Regulasi terus berkembang di kedua sektor ini untuk menciptakan lingkungan yang lebih aman dan stabil bagi investor. Keamanan juga menjadi fokus utama, terutama dengan lonjakan serangan siber di era digital.
Diversifikasi Portofolio:
Investor modern cenderung mengadopsi strategi diversifikasi portofolio yang mencakup kripto, saham, dan instrumen trading lainnya untuk mengelola risiko dan memaksimalkan potensi keuntungan.
Perbedaan antara kripto, saham, dan trading mencerminkan evolusi investasi di era modern. Sejarah perkembangan mereka menyoroti tantangan dan inovasi yang telah membentuk dunia investasi saat ini. Bagi investor, pemahaman mendalam tentang masing-masing instrumen ini adalah kunci untuk membuat keputusan investasi yang cerdas dan terinformasi.
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st-just · 1 year
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With interest rates higher, you have a structural shift in business thinking toward “I’d like some money now.” Something really boring like mortgage lending now has a decent return, so you don’t need Bitcoin. And if your company is profitable, shareholders would like to see some dividends. If it’s not profitable, they would like to see some profits.
The specific way this process of “lay a bunch of people off and hope that makes the company profitable” is playing out at Twitter is dramatic and weird and being handled in a bizarre way by Elon Musk since he decided to become the main character of the news cycle. But the exact same thing is playing out at a bunch of other mid-tier tech companies because the fundamental dynamics don’t have anything to do with Musk or his politics
-Matthew Yglesias, How Jay Powell is bending time and upending the business world
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unpluggedfinancial · 7 days
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The Rise of Bitcoin Acceptance: A New Era in Financial Innovation
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Introduction
Bitcoin, the world’s first decentralized cryptocurrency, has transformed the financial landscape since its inception in 2009. Its journey from an obscure digital asset to a mainstream financial instrument is nothing short of remarkable. This blog post explores the growing acceptance of Bitcoin, highlighting key legislative developments and significant holdings, including those by the U.S. government.
Oklahoma’s Landmark Bitcoin Bill
Oklahoma has made a landmark move by passing a bill to protect Bitcoin rights. Governor Kevin Stitt signed the bill into law on May 13, 2024. Championed by Representative Samuel Brian Hill and Senator Coleman, the legislation establishes key protections for Bitcoin and digital asset holders. Effective November 1, 2024, it ensures fundamental rights for individuals and businesses engaged in digital asset activities, positioning Oklahoma as a leader in the digital economy.
Dennis Porter, CEO and co-founder of the Satoshi Action Fund, highlighted the importance of state-level initiatives, stating, “Americans should wake up to the incredible political opportunity that is available at the state level. Throughout history, multiple movements and industries have utilized the states to deliver powerful victories for their cause. Now, Satoshi Action is poised to put the Bitcoin and digital asset ecosystem onto the same trajectory.���
Key Provisions of the Bill
The bill guarantees the right to self-custody, allowing individuals to securely hold their digital assets. It permits using Bitcoin and other digital currencies for transactions without additional taxes, aligning digital assets with traditional legal tender regarding tax treatment. This aims to streamline the use of cryptocurrencies in everyday transactions and foster a more inclusive financial environment.
Bitcoin Mining Protections
The bill supports Bitcoin mining by protecting the right to mine Bitcoin at home and through commercial operations. Oklahoma hopes to attract more blockchain businesses and investments by ensuring legal clarity and stability. The legislation prevents local governments from imposing restrictive measures specifically targeting mining activities, such as additional noise ordinances, while still adhering to general noise regulations.
Porter emphasized Oklahoma's stance: “Oklahoma has now placed its flag in the ground to show the world that they will protect the right for Bitcoiners to access the technology.”
The bill also stipulates that the Oklahoma Corporation Commission cannot create discriminatory rate schedules for mining companies, ensuring fair utility rates and encouraging sustainable and economically viable mining practices.
Advocacy and Future Impact
Dennis Porter and the Satoshi Action Fund were instrumental in advocating for the bill. They emphasize the importance of self-custody and the right to mine, arguing that these rights are fundamental to financial sovereignty and innovation. The Oklahoma Bitcoin Association, led by Storm Rund, was crucial in passing the bill, with significant contributions from Eric Peterson, Policy Director at Satoshi Action Fund.
When the bill takes effect on November 1, 2024, it sets a precedent for other states. Oklahoma positions itself at the forefront of the digital financial revolution by ensuring legal certainty. This legislation aims to attract blockchain businesses, drive innovation, and create economic opportunities, especially in rural areas. Oklahoma's proactive approach will likely inspire similar measures nationwide, solidifying its role as a leader in digital asset regulation.
U.S. Senate’s Resolution on SEC Crypto Rule
In a significant move on the federal level, the U.S. Senate passed a resolution on May 16, 2024, calling for the Securities and Exchange Commission (SEC) to strike down a rule affecting financial institutions dealing with crypto firms. The resolution nullifies the SEC’s Staff Accounting Bulletin No. 121, which required banks to keep customers’ digital assets on their balance sheets, with capital maintained against them. This rule had been widely criticized for stifling innovation.
“The tally, a stunning 60 ‘Yeas’ in the Senate vote, sends a strong signal that both houses of Congress, across the political divide, clearly disapprove of this rule,” said the crypto advocacy group Blockchain Association.
Despite President Joe Biden's stated intention to veto the resolution to "protect investors in crypto-asset markets and to safeguard the broader financial system," the strong bipartisan support reflects growing political awareness and support for the crypto industry.
Conclusion
The recent legislative developments in Oklahoma and the U.S. Senate's resolution mark significant milestones in Bitcoin's journey towards broader acceptance and regulatory clarity. As Oklahoma leads with protective measures for Bitcoin rights and mining, and as federal lawmakers push back against restrictive SEC rules, the future looks promising for the integration and growth of digital assets in the mainstream economy. These steps not only encourage innovation and investment but also set a precedent for other states and countries to follow in embracing the digital financial revolution.
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salagauno · 9 months
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The Crypto Quantum Leap: Merging Cryptocurrency and Quantum Computing
In recent years, the worlds of cryptocurrency and quantum computing have been evolving rapidly, each with the potential to revolutionize their respective fields. However, what happens when these two cutting-edge technologies intersect? The result is a phenomenon often referred to as the "Crypto Quantum Leap." This intriguing convergence promises to reshape the landscape of cryptography, blockchain technology, and data security in ways previously unimaginable.
The Power of Quantum Computing
Quantum computing is a branch of computing that harnesses the principles of quantum mechanics to perform complex calculations at speeds exponentially faster than classical computers. Unlike classical bits that can be either 0 or 1, quantum bits or qubits can exist in a superposition of states, enabling them to process vast amounts of data simultaneously. Additionally, qubits can become entangled, allowing information to be shared instantaneously across great distances.
The advent of quantum computing holds the potential to crack classical encryption methods that underpin much of today's digital security. RSA and ECC encryption, used for securing data transmission and cryptocurrency transactions, could be vulnerable to attacks by quantum computers through their ability to efficiently solve large prime factorization problems. As quantum computing matures, the risk of compromising current encryption protocols grows.
The Cryptographic Challenge
In response to the impending quantum threat, researchers and developers in the cryptocurrency space are exploring post-quantum cryptography (PQC). PQC involves the development of encryption algorithms that are resistant to quantum attacks. The challenge lies in creating encryption methods that can withstand the computational prowess of quantum computers without compromising the efficiency and scalability required for cryptocurrency transactions.
Cryptocurrencies like Bitcoin and Ethereum, built on the principles of blockchain technology, rely heavily on cryptographic algorithms to secure transactions and maintain the integrity of the decentralized ledger. The transition to post-quantum cryptography is not as simple as updating software; it involves fundamental changes to the core protocols and consensus mechanisms. The Crypto Quantum Leap necessitates a careful balance between maintaining security and preserving the decentralized and efficient nature of blockchain networks.
Quantum-Resistant Cryptocurrencies
Several projects have emerged with the aim of creating quantum-resistant cryptocurrencies. These projects focus on integrating post-quantum cryptographic algorithms into their protocols, ensuring that transactions remain secure even in the face of powerful quantum attacks. By combining the power of blockchain technology with quantum-resistant cryptography, these projects strive to achieve a Crypto Quantum Leap that safeguards digital assets for the long term.
Enhanced Data Security and Privacy
Beyond the realm of cryptocurrencies, the Crypto Quantum Leap has implications for broader data security and privacy concerns. Quantum-resistant cryptography could significantly enhance the security of online communications, financial transactions, and sensitive data storage. As quantum computers become more accessible, ensuring the privacy and security of personal information will be of paramount importance.
Collaborative Efforts and Research
The convergence of cryptocurrency and quantum computing has spurred collaborative efforts between researchers, cryptographers, and blockchain developers. The goal is to not only find solutions to quantum threats but also to explore innovative ways in which quantum computing can enhance the capabilities of blockchain networks. Quantum computing's ability to analyze vast amounts of data could potentially enable more sophisticated consensus mechanisms and smart contract execution.
Conclusion
The Crypto Quantum Leap represents a pivotal moment in the evolution of both quantum computing and cryptocurrency. While the challenges are significant, the potential benefits are equally compelling. As quantum computing technology continues to advance, the urgency to prepare for a post-quantum world becomes increasingly clear. By harnessing the power of quantum-resistant cryptography and embracing innovative solutions, the worlds of blockchain and quantum computing can coalesce to create a more secure and efficient digital landscape. The journey toward this convergence will undoubtedly shape the future of technology, cryptography, and data security.
Join the Crypto Quantum Leap: Secure the Future of Digital Transactions!
Are you ready to be part of a groundbreaking journey that merges the worlds of quantum computing and cryptocurrency? The Crypto Quantum Leap is here, and it's calling upon innovators, enthusiasts, and visionaries like you to shape the future of digital security and blockchain technology. Here's how you can take action:
1. Stay Informed: Stay up-to-date with the latest developments in quantum computing, post-quantum cryptography, and quantum-resistant cryptocurrencies. Follow reputable sources, blogs, and research papers to understand the evolving landscape and its implications.
2. Educate Yourself: Dive deeper into the world of quantum computing and its potential impact on cryptography and cryptocurrencies. Gain insights into the challenges and opportunities presented by the Crypto Quantum Leap.
3. Support Research: Contribute to research initiatives that are exploring quantum-resistant cryptographic algorithms and their integration into blockchain networks. By supporting research, you can play a crucial role in building a more secure digital future.
4. Engage with the Community: Join online forums, social media groups, and discussions related to quantum computing and cryptocurrencies. Share your thoughts, insights, and questions with like-minded individuals who are passionate about this convergence.
5. Advocate for Awareness: Spread awareness about the Crypto Quantum Leap within your network. Educate your friends, colleagues, and acquaintances about the potential implications of quantum computing on data security and the steps being taken to ensure a resilient future.
6. Explore Innovations: If you're a developer, consider contributing to projects focused on quantum-resistant cryptocurrencies or blockchain solutions that can harness the power of quantum computing. Your expertise can drive innovation in this exciting intersection.
7. Collaborate: Collaborate with experts, researchers, and developers from various fields to brainstorm creative solutions to the challenges posed by quantum computing. Together, we can create a more secure and robust digital environment.
8. Prepare for Change: As quantum computing continues to advance, be prepared for the changes it might bring to the world of cryptocurrencies and digital security. Stay adaptable and open to embracing new paradigms.
9. Advocate for Regulation: Encourage policymakers to stay informed about the potential impact of quantum computing on cybersecurity. Advocate for regulations and policies that promote the adoption of quantum-resistant cryptography and safeguard digital transactions.
10. Be a Pioneer: The Crypto Quantum Leap is an opportunity to shape the future. Whether you're a developer, researcher, investor, or simply someone who is curious about technology, your involvement can drive progress in this exciting fusion of quantum and crypto.
The Crypto Quantum Leap is more than a convergence of technologies; it's a call to action to ensure the security and privacy of digital transactions in the years to come. Join the movement today and contribute your expertise, ideas, and passion to this transformative journey. Together, we can navigate the challenges and unlock the potential of a quantum-secure digital world.
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stickybreaddream · 3 months
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Blockchain: what it is, how it works and the most common uses
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What is blockchain?
It literally means blockchain is a database or public registry that can be shared by a multitude of users in peer-to-peer mode (P2P or peer network) and that allows the storage of information in an immutable and organized way.  
It is a term associated with cryptocurrencies because, apart from being the technology that supports them, it was born with the first virtual currency in history in 2009, Bitcoin . In this case, the data added to the blockchain is public and can be consulted at any time by network users.
However, it is important to remember that cryptocurrencies are just that, currencies! Just as happens with the euro, the dollar or any type of paper money. Each one is a simple material with a printed value, but what allows its use and generates value are the economic laws that support them.
Something similar happens with virtual currencies. In this case, it is blockchain technology that allows it to function. Its main objective is to create an unchangeable record of everything that happens in the blockchain, which is why we are talking about a secure and transparent system. 
Bitcoin (BTC), Ethereum (ETH) or any other cryptocurrency is simply a virtual currency built on the blockchain and used to send or receive the amount of money that each participant has. This technology is what keeps transactions publicly recorded, but keeping the identity of the participants anonymous.
However, although it was created to store the history of Bitcoin operations, over the years it has identified great potential to be applied in other areas and sectors due to the possibilities it offers.
Features of blockchain technology
The progress of this system has been a mystery since its origin, but little by little we are learning more details about its operation:
Security
Cryptography is a fundamental pillar in the operation of the blockchain application development company, which provides security for the data stored in the system, as well as the information shared between the nodes of the network. When we are going to make a transaction, we need a set of valid asymmetric keys to be able to carry it out on the blockchain. It is also known as public key cryptography.
Trust
By representing a shared record of facts, this technology generates trust in users. Not only that, but it eliminates the possibility of manipulation by hackers and generates a ledger of operations that all members of the network can access. 
Immutability
When information is added to the distributed database, it is virtually impossible to modify it. Thanks to asymmetric cryptography and hash functions, a distributed ledger can be implemented that guarantees security. In addition, it allows consensus on data integrity to be reached among network participants without having to resort to an entity that centralizes the information. 
Transparency
It is one of the basic requirements to generate trust. Transparency in blockchain consulting services is attained by making the chain's software code publicly available and by fostering a network of nodes that use it. Its application in different activities, such as supply chains, allows product traceability from origin.
Traceability
It allows knowledge of all operations carried out, as well as the review of transactions made at a specific time. Traceability is a procedure that allows us to follow the evolution of a product in each of its stages, as well as who, how, when and where it has been intervened on. This is one of the main reasons why many sectors are beginning to apply blockchain technology.
3 keys to understanding how the blockchain works
It will only take you a single step to become an expert on the blockchain consulting services. Now that you know its definition and the main characteristics and related terms, it is time to put everything you have learned together to discover how it works. Take note!
The jack, horse, king of transactions
Networks use peer-to-peer data exchange technology to connect different users who share information. That is, the data is not centralized in a central system, but shared by all users of the network. At the moment a transaction is made, it is recorded as a block of data transmitted to all parties with the objective of being validated. 
The transaction is the movement of an asset and the block can record the information of your choice, from what, who, when, to where, how much and how. Like an irreversible record, each block joins the preceding and following ones to form a chain (blockchain). Every new block removes the chance of manipulation and strengthens the previous one's verification. Finally, the transaction is completed. 
The structure of the blocks
The chain stores a lot of information, which allows it to grow over time. This is the reason why it has been necessary to create efficient query mechanisms without having to download all the information: the Merkle hash tree.
It is a tree data structure that allows a large number of separate data to be related to a single hash value, providing a very efficient method of verifying the contents of large information structures.
Generation of chain blocks
First of all, it is a decentralized process. And to do this, a distributed consensus is needed in which the nodes have the ability to generate valid data. In order for users to initiate new operations, they must turn into nodes within the system. If what they want is to become miners and create blocks, then they must compete with others. The validation process is based on asymmetric cryptography, with a public key and a private key. The issued transactions are validated by the nodes in the new mined block, as well as their correct linking to the previous block (it must contain the hash).
The most common uses of blockchain
“But this technology was created for cryptocurrency operations.”
That's right, but the passage of time, research and social needs have seen great potential in this technology to be applied in other areas:
Voting systems
Some states such as West Virginia are implementing electronic voting through blockchain, although it is still a framework to be regulated. But that's not necessary to go that far. After the last elections to the Madrid Assembly, as well as the COVID-19 pandemic situation and its restrictions on mobility and the gathering of people, they have proposed the establishment of electronic voting with blockchain.It is an extremely appealing voting system because of its traceability and immutability.Not only would it increase transparency and reliability, but you could audit in real time.
Smart Contracts
They are programs that allow you to fulfill and execute registered agreements between the parties automatically. They can be applied in any type of transaction where a registered agreement is necessary, such as a security deposit or the contracting of a product, among others. Among its main characteristics we find: self-execution and immutability. 
Supply chain
Supervision and monitoring in food chains, as well as in production, is one of the main applications proposed with blockchain. Some examples of this technology in the food and agricultural industry are: Walmart China, with food production constituted by IBM; or the Australian AgriDigital, which works with distributed ledgers, blockchain and Smart Contracts.
It is not what has already been done, but what is yet to come. At Occam Agencia Digital , as a blockchain development company, we are convinced that it is not just about programming, but about analyzing the client's needs and designing a unique user experience.
What are some ways that your business can benefit from blockchain technology? Tell us your questions, we can help you solve them.
Tokenization of real estate and assets
 Thanks to the transparency of the blockchain, the tokenization of assets is revolutionizing traditional sectors such as real estate investment, democratizing their purchase. 
This breaks the barrier to investing in safer assets, since, until now, if you wanted to buy a property, you had to do it alone or among a very small group of people. Thanks to tokenization, now you can buy an apartment between 100, 200, 1000 people by making a small contribution. 
This also allows you to diversify and minimize risk, being able to invest €100 in several properties.
It is very important to choose a blockchain development company that has developed a project using this technology, since these are complex developments with very little documentation on the internet to help developers.
How to do good blockchain development?
We invite you to take note of the steps necessary for the development of the blockchain:
The first thing to do is a briefing between both parties . The client provides the information on the business model, and the blockchain development company offers the expertise to design the platform using the most optimal technology.
It is very important to choose the technologies to be used, since in blockchain each transaction has a cost. Depending on the blockchain chosen, it can cost between €10 or €0.0001 each.
It is imperative that the blockchain development company determines which components of the platform need to function in order to have a well-balanced security, user experience, and cost per use system that is suitable and tailored to the client's suggested business model. 
For example, if you want to develop a platform to tokenize real estate so that investors can buy tokens from these, the most recommended thing is that all the functionality related to the purchase or investment is developed on blockchain technology, and the rest of the functionalities are developed using the traditional way. In this way, you will achieve a good user experience, great security in purchases and low costs.
Once the briefing is finished, we move on to the design phase . With the briefing in hand, it's time for the UX and UI experts to get to work. With the information collected, you must design a platform with a great user experience and a friendly interface to convey confidence to the user and allow them to operate very easily. You'll be able to stay on the platform and avoid getting frustrated or giving up.
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@voidilite-singularis replied to your post “If there's a video game that you're interested in and there's some stuff you can buy for real money in it, are you scamming...”
Money is fake. We made it up.
As opposed to the other fundamental human value, "bitcoin"?
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eddydreaming · 4 months
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Death's Game - Review
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Hey there! Today I want to talk about my first kdrama of the year… Death’s Game. It is divided into two parts, but I will discuss it as if it’s only one. In my opinion, it was ridiculous to divide it into two parts, if they wanted to release the first 4 episodes first and a couple of weeks later the rest, then fine, but no need to make it have two parts. Enough complaining, let's get into it.
GENERAL INFORMATION
Episodes: 8
Release dates: December 15 2023 and January 5 2024
Main Cast:
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Plot:
“He's perennially unemployed, his ex-girlfriend has moved on, and he's just lost all his life savings to a Bitcoin scam. Burdened by societal pressures, Choi Yi Jae decides to take his own life. Insulted by his flippant attitude towards dying, Death comes to punish him with her game: he must experience death over and over again through 13 other lives. But if he can find a way to survive the imminent death coming for these lives, he gets to live out their lifetime. His life was a bust, but what about the lives of others?”
(Source: mydramalist)
REVIEW - NO SPOILERS
The main reason I started watching this drama was the crazy cast it has. Like, how can it have so many famous actors? Again, it’s crazy. I mean, look at this:
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Then, I decided to watch the trailer to know what I was getting myself into, and I thought, once again, that it was crazy.
My first impression of the drama, without even having watched a single episode, was huge, so the second it came out there I was. I wasn’t prepared enough though. 
The first few episodes of the show were hilarious and entertaining. However, as the story progressed, it became more intense, and before I knew it, I had already finished the first 4 episodes. Okay, it’s alright, now I only have to wait a week to watch the other 4, right? Nope, I had to wait until the 5th of January, because someone decided to torture us watchers by making us wait all that time.
The second part of the drama was even better than the first, particularly the last episode. It was the most thought-provoking thing I've watched in a while.
This drama is not for everyone: its main theme is s**cide and d**th. Of course, it can be hard to watch for many people, but the meaning of life that it tries to convey is worth everything. 
REVIEW - SPOILERS
I recommend not to read this part if you haven’t watched the drama yet. I know some people like reading spoilers and that it makes them want to watch something more, but I am gonna give huge spoilers, including the end, that will for sure affect your experience. 
Now, can we talk a little bit more about a specific character? The ML’s mother. She made me suffer A LOT. Her thinking that her son had committed s**cide because of her hurt me greatly. Because of that, the last episode was… wow. I swear I cried for a whole 30 minutes. 
I truly liked how they got to merge all the stories into one, making all the lives Yi Jae had lived linked. It was thrilling, infuriating and sad, those would be the three words that describe it the best.
One of the most shocking parts was the painter assassin’s death, a death planned by Yi Jae himself. It was horrid, and remembering while writing about it right now gives me the chills. I thought it was unplanned, but he had intended to die in such a way just as a plan for his vengeance. That is outstanding from the ML, so anguished when at the beginning seemed like such a fragile and weak person. That part is when we see the most massive change in the ML, a fundamental character development. 
The ending couldn’t have been more perfect, I couldn’t have asked for more really. He decided to live his mother's life, who had planned to s**cide. That way, he survived Death's challenge, and so she gave him another opportunity, an opportunity to get back to his life. He achieved it.
Yi Jae wanted desperately to go back to his life because he could see that the people he had left behind cared for him deeply, and they deserved him to stay alive. The end is with the ML talking with his mother, who had called him right before he jumped from that roof.
¿DO I RECOMMEND WATCHING IT?
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Yes, yes and yes once more. It was shocking and I cried a lot, but it was all worth it. It’s been a while since I watched it, but I still recall the intense emotions it evoked.
The content may be too intense for some viewers. However, if you are hesitant and my review has not been enough to persuade you, go and watch the trailer or give the first episode a chance. If it doesn't capture your interest by the end of the first episode, then it may not be to your liking.
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Problems with AGI Theories
A partial analysis of this article.
Now, I wish to leave out some of the most horrifying takes from the article and deal with them in a separate post, because there are a large number of worldview assumptions that we can see (based on the polling) are common among data scientists and AI people.
What I want to ask today is:
Do we have to worry about Artificial Superintelligence being created? Can it be created? Is that a problem?
A large part of history seems to bear out the idea that technological progress is exponential, with sufficient resources. This was true for many types of progress and it’s so far been true for computational power, speed and development. The intelligence of computers has also supposedly been developing at an exponential rate. So: does that mean that computers will soon shoot past humans in intelligence?
As per this chart:
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Consider Bitcoin. Suppose that Bitcoin is 1 cent the first year, 10 cents the second year, 1.00 the third year, 10 dollars the fourth year, 100 dollars the fifth year, 1,000 dollars the sixth year, and 10,000 dollars the seventh year.
That is what we call exponential growth by a factor of ten.
So why didn’t Bitcoin reach 100,000 dollars? (I’m not saying Bitcoin will never reach 100K, only that it has not reached it on a timeline in keeping with its former exponential growth.)
Bitcoin did not reach $100,000 on a timeline in keeping with its exponential charts because it began to approach a fundamental limitation: the size of the overall global economy.
So, what is the limiting factor for AI progress? Well, first you have to understand the nature of AI progress, as per Tim Urban- computational speed is not real intelligence. It’s a facade of intelligence.
A key distinction is the difference between speed superintelligence and quality superintelligence. Often, someone’s first thought when they imagine a super-smart computer is one that’s as intelligent as a human but can think much, much faster
—they might picture a machine that thinks like a human, except a million times quicker, which means it could figure out in five minutes what would take a human a decade.
That sounds impressive, and ASI would think much faster than any human could—but the true separator would be its advantage in intelligence quality, which is something completely different. What makes humans so much more intellectually capable than chimps isn’t a difference in thinking speed—it’s that human brains contain a number of sophisticated cognitive modules that enable things like complex linguistic representations or longterm planning or abstract reasoning, that chimps’ brains do not. Speeding up a chimp’s brain by thousands of times wouldn’t bring him to our level—even with a decade’s time, he wouldn’t be able to figure out how to use a set of custom tools to assemble an intricate model, something a human could knock out in a few hours. There are worlds of human cognitive function a chimp will simply never be capable of, no matter how much time he spends trying.
-Tim Urban
Obviously speed superintelligence already exists, and has existed since the difference engine. The concept of intelligence quality is a different one, albeit one that AI programmers have remarkably improved on over the last decade. According to AI speculators like Tim Urban, the progress in AI intelligence quality, like other forms of technological progress, will be exponential, until what exists is
a) able to devise improvements to its own intelligence quality
b) so far above humans that it’s basically incomprehensible to them, essentially a higher being or ‘god’ (not unpacking that in this post).
Alternatively, I would propose that (whereas speed is limited only by physics and resources) computing progress in intelligence quality will be limited by human intelligence.
The flaw in AI theorists’ thinking is to suppose that humans are capable of comprehending their own intelligence well enough to reconstruct it, let alone to construct that of a higher being.
(I say this leaving totally aside the issue of ‘souls’ and ‘consciousness’. For the sake of argument we are assuming a computer entity could have human level conceptual intelligence without either.)
This is why I agree with thinkers like Paul Allen, Microsoft Co-founder, who posit that each subsequent step toward AGI becomes exponentially more difficult, slowing its progress. I would go even further than them, however, suggesting that human intelligence imposes a fundamental limit on AI development.
Is it possible for the brain to fully understand the brain? Is it possible for a set to contain itself? Can a box contain a box of its own size? Of course not.
Thus, I posit that a timeline of developments in AI intelligence quality would look more like this:
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The proposed mechanism for AI development after it reaches “human level” intelligence has always been said to be the AI itself: the AI is now at a threshold of intelligence sufficient to self-improve its own intelligence quality.
Of course, such a threshold would have to
a) exist
b) lie at or below the “human level” line, since humans are incapable of developing a machine more intelligent than themselves.
Concerning a), I do not believe such a threshold exists first of all because it is illogical that any being could self-create in such a manner, we call that “magic”.
Concerning b), we know that this magic line, even if it existed, does not lie within human intelligence levels, since humans already have human-level intelligence yet are not capable of improving our own intelligence quality by hacking our base code to become godlike beings, as it is supposed this AI will do.
The creation cannot surpass the creator (in this case machine and man).
That a computer will become self driven to ascend under its own power is a fallacy on the same level as the anthro fallacy suggesting a sufficiently intelligent computer would gain humanlike values + priorities by virtue of becoming intelligent.
The standard answer to this would be of course, “our AI could surpass human level intelligence due to the fact that a team of many humans are working on it, and their combined intelligence could raise the AI to superhuman levels.”
This is also illogical.
Consider a caravan of 10 camels. Each camel travels at 10mph. Therefore, the speed of the caravan is 100mph.
Is that wrong? That’s because increasing the number of minds working on a project increases the number of problems that can be solved and the speed at which problems can be solved but does not significantly increase the difficulty of the problems which can be solved.
By another analogy: If one idiot cannot screw in a lighbulb, you are not going to get the lightbulb screwed in by adding a second idiot. Only by adding a smart person will the lightbulb be screwed in.
That which is fundamentally impossible for humans to grasp, cannot be grasped by many humans in concert any more than by one human alone.
All that said. None of this is meant in any way to dismiss the potential dangers of AI. I believe that a machine capable of subhuman yet very high intelligence quality AND superhuman computational speed is still a formidable and dangerous entity. Again, more on this in later posts.
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