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Cryptocurrencies have gone from geek heaven to serious business By April 2020 Share The old billingsgate building by the Thames is both an incongruous and yet appropriate venue for a cryptocurrency …
Cryptocurrencies have gone from geek heaven to serious business By April 2020 Share The old billingsgate building by the Thames is both an incongruous and yet appropriate venue for a cryptocurrency conference. Incongruous because cryptocurrencies, running on computer chips that make trillions of calculations per second, couldn’t be further removed from those squamous quickly-expiring assets that the Billingsgate fishwives used to sell there. Appropriate because many cryptos are quickly-expiring assets that are often sold and debated with the proverbial vigour and profanity of the Billingsgate fishwives. In fitting homage to its piscine heritage, one halibut was actually sold, blockchain-style, on stage at the CoinGeek conference in February. Shilling and trolling, and good old-fashioned face-to-face abuse, are very much alive and well in crypto. Crypto is in fine form, despite regularly receiving its obituary from financial grandees and government officials. One of the luminaries of crypto who attracts much of the clamour is Dr Craig S. Wright, an Australian who claims to be Satoshi Nakamoto, the pseudonymous author of the white paper that 11 years ago launched the first and to date mightiest cryptocurrency, Bitcoin. Many people in the crypto life, who should know what they’re talking about, view Craig Wright as a fraud, and refer to him as “Faketoshi”. And it’s true that Wright isn’t good on real-world detail when he makes pronouncements. But perhaps you could put that down to traditional mad professor absent-mindedness. But here in Old Billingsgate, the crowd that has gathered are his disciples. CoinGeek, one of the companies behind Wright, has merchandise, T-shirts and mugs on sale. The event is closer to a rock concert or religious ceremony than an academic consideration of the merits of Cassandra databases versus blockchain, or investment advice. Powerful, shoulder-jiving music blares out as Jimmy Nguyen, an American lawyer with a sharp suit and tie who looks as if he works out, bounces up onto the stage in front of one the largest screens I’ve ever seen, projecting text and images of him. His elated energy could sell you a used car or salvation. Nguyen is the MC of the event and the spin doctor of BitcoinSV, the coin and the blockchain that Craig Wright is now pushing. Nguyen starts by hailing Wright as Satoshi Nakamoto and explains that Wright was inspired by a Pokemon character, Satoshi, and Tominaga Nakamoto. Nakamoto, Nguyen informs us, was a Japanese philosopher and the Japanese “version” of Adam Smith. From his work Writings of an Old Man we get a quotation: Makoto no michi — the way of truthfulness. Nyguyen points out how often the word “honest” appears in the Bitcoin white paper, because honesty is a quality greatly valued by Wright. Nakamoto (1715-1746) was certainly a Japanese philosopher, but he ruminated on the shortcomings of Shintoism, Confucianism and Buddhism. Like Wright, he infuriated many of his contemporaries. I admit I’ve only been able to research him in English, but I haven’t found a single reference to him being an economist. Makoto no michi is also a slogan you’ll find on the walls or doors of many dojos, since the martial arts are at pains to emphasise they’re not only about breaking bones. Somehow this is typical of the rhetoric that swirls around crypto and Wrightworld — not quite right. Nguyen is followed by a couple of developers who praise the power of the BitcoinSV blockchain. The SV stands for Satoshi Vision, Wright’s insistence that he is returning to the original principles of the white paper. It’s interesting that throughout the conference there is much greater emphasis on the blockchain (a distributed public ledger maintained by a peer-to-peer system of computers) rather than the cryptocurrency that runs on it. The prominence of the blockchain rather than the currency is probably to do with Wright losing the so-called “hashwar”. The original Bitcoin, now often referred to as Bitcoin Core, was getting slow and expensive years ago, and Wright and others wanted bigger blocks to boost the system. There was a “hardfork”, a split, which resulted in the creation of Bitcoin Cash in 2017. Bitcoin Cash, with bigger block sizes, seemed to be gaining ground, and performing the function of cash, but then Wright and one of his principal backers, Calvin Ayre, a billionaire who had made money in the online gambling industry, wanted even bigger blocks and engineered another “hardfork” to create BitcoinSV in 2018. The miners and the crypto exchanges mostly stuck with Bitcoin Cash and cold-shouldered Wright. It looked as if Wright had lost. But he hadn’t lost a war, just one major battle. The irony is that if all the Bitcoin jihadis had stuck together, Bitcoin would now probably be a household feature. But the schisms and confusion put off merchants and investors. However, BitcoinSV has now climbed into the top ten of cryptocurrencies, often as high as number five, usually just behind Bitcoin Cash; both, however, a long way behind the supreme ruler, Bitcoin Core. All the big football clubs started off as ventures founded and played by local enthusiasts, before they became the vast corporations draining billionaires from around the world. The original Bitcoin came out of the largely Anglo-Saxon cypherpunk movement: coders on the left and right of politics who were distrustful of, or hostile to, banks, the government and the state. Peer-to-peer electronic cash at the beginning meant individuals mining bitcoin (or epigoni like Ethereum or Monero) on a desktop or laptop, with a Rage Against The Machine poster on the bedroom wall, pulling on a joint, and getting a sense of satisfaction from “sticking it to the man”. A fervent utopian message of justice was promulgated. This wasn’t just another currency; it would uplift the unbanked, succour the poor, topple corrupt government. You ran a crypto node (one of the links that makes up a blockchain) on your computer because it made you a cornerstone in the brave new world that was being built. A “full” node also allowed you to “mine” bitcoin (a reward for being part of the blockchain, a cryptographic lottery in which greater computing power gives you a greater chance of winning) and charge fees for processing transactions. Peer-to-peer in the crypto now means billionaire-to-billionaire. The amateur, volunteer, do-it-yourself, homebrew, cottage, band of brothers, guerrilla phase is well over, although there are diehards indulging in that dream with cryptos well shy of the top ten. Now, just as in football, if your team doesn’t have a Mr Moneybags or two, you’re nowhere. There’s a lot of misleading talk in crypto. Decentralised might mean there’s no formal CEO (although Dash does own up to having one) and no headquarters with a fancy atrium and a fishtank, but each crypto has a central committee of miners and developers, although they might be hard to identify and spread around the globe. BitcoinSV has obviously got big money behind it and the ethos has changed. Steve Shadders, the chief technical officer of Wright’s company nChain, commented that if you’re not making money with your node, you shouldn’t be running one. You would have been stoned to death as a heretic for an utterance like that in the early days. The two-day conference was mostly zeal being thrown back and forth, from the zealots on stage to the zealots in the audience, and back again, a regular crossfire of zeal. However, some optimism is not entirely unwarranted. Using blockchain as a basis for a new internet is a promising idea. The data storage aspect of the SV blockchain was pushed hard — and why not? But the trouble with good tech is that consumers may simply not give a shit. Remember Betamax, MiniDisc, Super

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AFP Share on Twitter (opens new window) Share on Facebook (opens new window) Share on LinkedIn (opens new window) Share on Whatsapp (opens new window) Save to myFT Save to myFT Jonathan Derbyshire …
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There comes a time in every person’s life when they reach an impasse. When I say, “impasse,” I’m speaking about one of life’s many obstacles that present itself to us at incredibly inopportune …
There comes a time in every person’s life when they reach an impasse. When I say, “impasse,” I’m speaking about one of life’s many obstacles that present itself to us at incredibly inopportune moments. For you cinephiles in the audience, you’ve witnessed the man/woman standing on a street corner, who just lost their job and screams at the top of their lungs, “how could this get any worse,” only to be drenched in sewer runoff following a taxicab who drives right through a puddle. For those of us less entrenched with stereotypical vehicles of slapstick in film, everyone, more or less, has a bad day. Well, suffice to say that the US stock market has had a series of rough days over the course of the last several weeks, and several analysts believe that our nation may be headed for a recession a la 2008. Over ten years have gone by since our country underwent an industry-collapsing recession, and, although activity measures like retail sales, industrial production, and employment are at an all-time high, a growing number of economists and financial experts believe we are due for another recession in the next twenty-four months. Market growth has shown significant signs of slowing down over the last few months, with the Dow and several other indices dropping hundreds of points every week or so. “Traditional signals of a U.S. recession from the shape of a yield curve to a fall in housing investment to corporate bond spreads are suggesting in late 2019, early 2020.”According to several media outlets, all eleven sectors of the S&P 500 have received a decrease in expected earnings growth in the last few months, “led by utilities, materials, and industrials.” Before he even took office, President Trump made it clear that he wanted every product, service, and commodity to be manufactured in America and only America. As it relates to the oil industry, this has translated to a rush to pump oil out of shale fields around the country, most notably in West Texas, miraculously leading to record-high levels of production for black gold. Though domestic oil production couldn’t be higher, concerns about oversupply have sent oil prices every which way but loose. As of Monday, the Dow Jones Industrial Average dipped below 22,000 following a statement issued by Treasury Secretary Steven Mnuchin that was intended to calm nervous investors in the space. In his ill-timed statement, Mnuchin said that:“We continue to see strong economic growth in the U.S. economy with robust activity from consumers and businesses. With the government shutdown, Treasury will have critical employees to maintain its core operations at Fiscal Services, IRS, and other crucial functions within the department.”Following Mnuchin’s statement, several major US indexes dropped due to the fact that his words were viewed as off-base and arguably unnecessary in the grand scheme of it all. One analyst told CNN that “this type of announcement raises the question of whether Treasury sees a problem that the rest of the market is missing.” Why else would Mnuchin call executives from every major US banking institution on Christmas Eve? In addition to Mnuchin’s bizarre statement, I can’t imagine it being helpful that President Trump shutdown parts of the federal government until further notice. Though many understand that the shutdown will have no major effects on the US economy, investors and executives across all sectors are concerned with the inability of lawmakers and the current administration to set aside their differences and approve the federal budget. When describing Elon Musk, CEO of Tesla (TSLA) , SpaceX, and The Boring Company, many would use terms like “eccentric” or “a little out there.” While I recognize Musk’s eccentricity, Musk so much more than simply “out there.” He is an innovative revolutionary with the creativity to manifest tenable change and the bank account to make his ideas a reality. When Musk founded The Boring Company in 2016, his primary goal was to mitigate traffic in major cities by creating a network of underground tunnels, allowing for cars to travel both above and below the surface. The Initial Test Tunnel, as its called, is located in Hawthorne, California, and is currently being used for the research and development of The Boring Company’s public transportation projects, “Loop” and “Hyperloop.” As the company broke first ground on their tunnel in California, Musk thought of no better time to market the Boring brand. He decided to sell a line of very interesting products emblazoned with the Boring Company logo, the most notable product being the “Not-A-Flamethrower.” Originally retailing for $600, the price has now dropped to $500 per flamethrower with an added twist:The Boring Company is now accepting Bitcoin (BTCUSD), Ethereum(ETHUSD), Litecoin (LTCUSD), and Bitcoin (BTCUSD) Cash as forms of payment.Historically, Musk has never openly supported cryptocurrency, though he has had several “flirtations” with the blockchain payment system this year. In February, Musk discovered that several false “Musk” twitter accounts were scamming users into giving away their cryptocurrency. He said that he “literally owned zero cryptocurrencies,” and for crypto owners to be on alert for scammers. After delivering this warning, Musk admitted that he owns .25 Bitcoin (BTCUSD) that a friend sent him a while back. So what does The Boring Company’s accepting of cryptocurrency mean for the crypto market? Analysts are suggesting Musk’s move is one of many that will take place as cryptocurrencies are potentially on the verge of a comeback.The price of Bitcoin (BTCUSD) was unremarkable on Thursday, furthering a relatively consistent downward trend for the world’s largest digital currency. The value decrease of cryptocurrency has been the new normal over the last few months, but many believe bitcoin’s lull may be finding its end. Madi Greenspan, a senior market analyst at eToro believes that the market is on the precipice of watching bitcoin breakout once more. “It’s only a matter of time now. Of course, the flat-line pattern could easily remain for another few months, and that wouldn’t be a bad thing; however, there are signs of excitement boiling underneath the cool price action exterior.”As for the evidence backing up Greenspan’s curious claims, let’s turn our attention to the rising number of transactions per second. For those of us not familiar with how cryptocurrency works, join me for this brief, but informative, aside. All cryptocurrencies use “blockchain” technology, a framework purposed with decentralizing currency and reframing how transactions occur. Blockchain is a digital ledger of economic transactions that can be programmed to record infinite exchanges, while also keeping a record of every person a currency changes hands with. Imagine a spreadsheet that is shared between a thousand computers. Once you’ve done that, imagine that spreadsheet updating regularly to account for all interactions with the file. Attaching this technology to cryptocurrency removes the need for traditional banking systems to monitor transactions and a dramatic increase in fiscal transparency, given that all parties can view transaction history for each BitCoin purchased. Reverting our attention back to the wise words of Mati Greenspan, transactions per second, between various cryptocurrencies, are increasing, and this serves as a vital barometer for the “scalability of blockchain technology.” Industry experts have been concerned with the ability of blockchain to scale and meet the demands of consumers and creators of new coins alike. At the time of the dot-com bubble, Alan Greenspan, Chairman of the Federal Reserve, observed that investors were slaves to “irrational exuberance” surrounding the industry, and many believe this is the case with cryptocurrencies today. The price of bitcoin has been more erratic than a first-grader full of birthday cake, trading at $20,000 at its height and now selling for less than $7000. Many startups have looked into the viability of initial coin offerings (ICO) as a means for tapping into a liquid market without the need for intermediaries and funding their companies. Unlike IPOs, investors do not receive company stock. Rather contributors receive tokens that can be traded on crypto exchanges, according to the Brookings Institution. The future of cryptocurrency is dependent on the scalability of blockchain technology to meet the demands of consumers, as well as the commitment of long-term investors to see their investments in coins to the end. If the industry reveres Elon Musk as much as they do, perhaps his adoption of the coin as payment for The Boring Company is an indication that the crypto market is about to trend upwards. INT. Oval Office, President Trump, Treasury Secretary Steven Mnuchin, and Secretary of State Mike Pompeo enter the room, wearing matching “MAGA” hatsMnuchin: (delivering the punchline of a joke) And the bartender goes, “cookie, my favorite!”Trump: That joke was excellent. The best joke in the world. China doesn’t tell jokes. Pompeo: Good one, Mr. President. Now, Steven, joking aside, we wanted to tell you something.Mnuchin: Sure, I’m listening. Hold on, let me take these out of my ears (Mnuchin comically removes two coins from his ears)Pompeo: Not now, Steven, this is important. Now, I’m sure you’ve heard the news about Jamal Khashoggi, the journalist from Saudi Arabia?Mnuchin: Yes, I’m headed to an investor conference in Riyadh tomorrow.Sources can’t confirm that the above took place as described, but Treasury Secretary Mnuchin did announce Thursday that he was rescinding his participation in a “high-profile investor conference” in Saudi Arabia, likely because of the growing controversy over journalist Jamal Khashoggi’s murder. An administration official told CNN that no other government officials will attend next week’s summit in Mnuchin’s place. In response to the Treasury Secretary’s refraining from the conference, the recently jittery stock market took a turn down south. CNN reports that the Dow lost as many as 392 points, or 1.5%, on Thursday, as investors reacted to Mnuchin’s decision. Tech stocks followed suit, with Facebook (FB) and Alphabet () losing about 2% each, the Nasdaq falling 1.5%, and Netflix (NFLX) tumbling about 3%. Market volatility is in the air and residents of Wall Street are ready to cut their losses. Increasing fears of rising bond yields coupled with President Trump’s trade war with China sparked an onslaught of buyer’s remorse last week, the worst for all three major indexes since March, according to market analysts. Many believe Mnuchin’s announcement was based on rising tensions between the United States and Saudi Arabia over the situation surrounding missing Washington Post Journalist, Jamal Khashoggi. Khashoggi visited the Saudi consulate in Istanbul several weeks ago to file paperwork in order to marry his Turkish fiancee. The journalist, who in recent months began critiquing the Saudi government, never returned to his Turkish wife-to-be. An

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When going to war, first build an invincible defence. And I am strongest at my home. Home is a studio apartment a few minutes away from the Farrer Park MRT station. Unlike most single Singaporeans my …
When going to war, first build an invincible defence. And I am strongest at my home. Home is a studio apartment a few minutes away from the Farrer Park MRT station. Unlike most single Singaporeans my age, I live alone, well away from my parents. It’s for their safety. They’re normies, and given my lifestyle, the last thing I need is for demons to show up at the doorstep of my family home. To the naked eye, it’s an open concept one-room flat. In my mind’s eye, I see multiple reinforced layers of shields, shimmering white and blue and gold, ready to repel intruders. Crystals stationed near the door and windows anchor the shields in place. The wards are intact, and there are no signs of forced entry. Setting my backpack down, I don a pair of Flare

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Harmony creates an open market for the decentralised economy. The project aims at providing a consensus protocol over the open Internet at 10 million transactions per second with 100-milliseconds …
Harmony creates an open market for the decentralised economy. The project aims at providing a consensus protocol over the open Internet at 10 million transactions per second with 100-milliseconds latency and not more than 0.1% fee.- Currency: USD paid in ETH at the moment of sale;- Total tokens: 21,000,000,000;- Available for token sale: ТВА;- Token price: ТВА;- ICO plans to raise funds: as of today it is known that it is planned to raise USD 2,000,000 at seed round;- Sales t&c: 40% bonus for seed round, 20% bonus for private sale, 0% bonus for public sale;Token allocation20% for sale, 40% for developers and community, 28% for foundation and research, 12% for founder and team.Token freeze Sales — «40% no lockup, 10% monthly over 6 months; for bonus, 100% release after 1-year lockup»; Developers and community — «1-year 28% lockup, 1.5% monthly over 4 years»; Foundation and research — «28% no lockup, 1.0% monthly over 6 years»; Founder and team — «1-year 28% lockup, 2% monthly over 3 years».As you can see the token freeze system is rather sustainable and fundamental.Token release: immediately, as soon as listed on crypto exchanges.Investors | Partners |Roadmap | Token economy | Token saleNo information is available about those things as of this stage.As the developers noted, the main competitors for this project are:EOS, Zilliqa, Hashgraph, Thunder, Dfinity, Solana, Kadena, Algorand.In GitHub of the project there is 1 repository with the project description, as well as brief description of a new language for smart contracts. GitHub of the project is not empty, but it is clear that the project is an a very early stage of implementation, and it is not improbable (it is most probable) that the main activity is done in closed repositories.The project presents a system for information transfer and storage, based on the newest and the most perspective developments in the area of distributed systems and telecommunications.1. Network transport level — the use of Google UDP instead of TCP/IP will enable to reduce the time to establish connection between the network nodes.2. Adaptability for the latest 5G mobile communication network (http://www.huawei.com/minisite/5g/en/defining-5g.html)3. Scalability via sharding (OmniLedger)4. 10М tps throughput5. Shards interaction on the basis of DAG principle6. Blocks parallelising7. Oracles support8. Development of DApps with the use of formal verification method (a mathematic proof of application functions) to enable the development of highly protected applications.9. Issues associated with consensus mechanism and virtual machine will be clarified in future versions of WP.Stephen has been obsessed with protocols and compilers since high school. He re-engineered ICQ and X11 protocols coded in OCaml for 15 years. In 2002 he graduated from Simon Fraser University (Australia) with a degree in Commutative Algebraic Geometry. In 2007 he got a Ph.D. of Cryptographic Protocols in the University of Pennsylvania. He was a Researcher at Microsoft Research, a Senior Infrastructure Engineer at Google and a Principal Engineer on Search Ranking at Apple. He founded the mobile search Spotsetter where he worked for 3 years, then Apple acquired the startup and Stephen worked there for one more year.Then he worked with EE-sales assistant until he founded HARMONY in 2017.He obtained his M.S. in AI Language Technologies at the Carnegie Mellon University.He taught Apple Siri to understand natural language (deep learning). He did research on ambiguity of words meaning and machine translation. His research paper won the best database award at ICWSM 2013. Alok spoke at the top conferences including SIGIR, ICWSM and EMNLP. He also published a best seller book Game Changers, telling about successful graduates from his alma mater IIT Kharagpur (India).He founded a VR startup Orah in 2012 that raised US$ 10m. Orah served the needs of thousands of professional content creators in 70 countries by selling GPU-driven live stitching software and 360° cameras. Nicolas has a B.S. in Mathematics and Computer Science.Michael Slinn — most likely CPO. 500+ followers in LinkedInHe focused on developing and positioning products. He delivered a presentation on the integration of smart contracts at the World Crypto Economic Forum. Michael created one of the biggest technical communities Scala at San-Fransisco Bay.He obtained a Ph.D. of Computer Science at College Park of Maryland University and his B.S. in the University of Science and Technology (Beijing).He worked at Google as Search Infrastructure Engineer for Play Market, published 10+ academic papers on spatio-temporal querying and map-based visualization. Rongjian has been doing an in-deptyh research on decentralized protocols since early 2017. He is a Co-Chairman of ABC Blockchain Foundation with 100+ Engineers from Google, Facebook, Linkedin as members.Trausti Kristjansson — Part-time, 500+ followers in LinkedInTrausti received his Ph.D. of Machine Learning from the University of Waterloo.He worked in the industry’s most respected research labs (Microsoft Research, IBM Research, Google Research, Amazon), founded full-stack startups and led Ph.D. Engineers as an Engineering Director. in 2004 his research paper Interactive Information Extraction with Constrained Conditional Random Fields won the award at AAAI, the top academic conference in artificial intelligence.Georgios Fainekos is a Professor at Arizona State University. He specializes in formal methods of cyber-physical systems, swarm robotics, and machine learning for real-time planning. Georgios did his doctoral studies at the General Robotics, Automation, Sensing & Perception Labs (GRASP Labs) of the University of Pennsylvania.Bruce Huang 黄海旻 (part-time) — 500+ followers in LinkedInHe obtained his M.S. in Computer Science at the Simon Fraser University. He was a Senior Programming Engineer in Microsoft China for 7 years, then a Director at Alibaba Cloud and Credit Lase. Later, he was a CEO of Madailicai, a top-peer lending company in China. Bruce is a certified Snowboarding Instructor (feel free to contact).There is no profile in LinkedIn, in FB he is registered under the surname Hueschen. https://www.facebook.com/huesch — 953 friendsSince May 2018 — works in IOHK (there is a link to the company web-site, but it is absolutely empty).Hourann Bosci — Software Developer854 followers in LinkedInShe studied Biochemistry, Mathematics, Polithology at University of Western Australia in 2002–2006.Work record: From 2004 till 2006 worked as Technical Assistant at her University, then as a Developer in a number of companies, including Google (6 months).In period from 2013 till August 2016 she was a Co-Founder and a General Director of Datagami (API, interfaces and visualization devices for data processing and machine learning) (the company’s closed).Since March 2017 she is a Co-Founder and a General Director of Upright Media (Upright Media platform uses a computer vision and AI to automatically produce impressive video commercials with the use of the customized approach).Shamir Allibhai — Film-Maker, Blockchain Video Authenticator, Founder of Speech Recognition Startup. 2834 followers in LinkedInHe studied in Harvard in 2007–2009, before it he graduated from the American University in Beirut.Work record: Since 2003 he was a Producer and a Commercial Director at many London-based TV channels, in 2006–2011 he has his own TV channel, where he told good stories about islam. Then he worked as a Producer in an American studio (also tending to the Middle East culture) for a year, in Qatar for 3 years and a year in San-Fransisco in a blockchain company.In a period from May 2016 through June 2017 he created content in VR-company for Oculus VR, in September 2017 — December 2017 he was a Project Advisor for Rokoko (San-Fransisco, VR), then he established Simon Says (speech recognition, AI and machine learning) and founded Unveiled Labs (provides stakeholders with absolute assurance on the authenticity of video and

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With continued uncertainty around the globe, today the man who has become legendary for his predictions on QE, historic moves in currencies, warned money in banks will be incinerated and also …
With continued uncertainty around the globe, today the man who has become legendary for his predictions on QE, historic moves in currencies, warned money in banks will be incinerated and also discussed the trade of the century. Money In Banks Will Be Incinerated November 27 (King World News) – Egon von Greyerz: “Unfortunately the world has reached the point where the future will be a global bust and collapse. During the 2006-2009 financial crisis, a collapse of the global financial system was avoided by massive money printing, central bank guarantees, allowing banks to value assets at cost, rather than market, and a panic lowering of interest rates from as high as 6% in the US to zero or even negative in some cases. Whatever central banks and politicians say, nothing has been solved. On the contrary, risk has grown exponentially since 2006. As an example, global debt has now doubled to roughly $230 trillion. If global unfunded liabilities of $250 trillion and derivatives of $1.5 quadrillion are included, the world is now staring at total liabilities and risk of a staggering $2 quadrillion. When the next crisis starts, which is very likely to be in 2018, what central banks will have to focus on is not just the global debt, but also the derivative bubble. Banks will argue that the net derivative figure is much smaller, but in a crisis, gross will remain gross as counterparties fail to settle their obligations. With this as the backdrop, central bankers must be living on a different planet if they believe they can reduce their balance sheets. Debt in coming years, whether it is government or private, will go up faster than any time in history… In Volatile Markets, Is Wealth Preservation King? In a King World News interview I spoke with the man who predicted the Swiss National Bank would experience staggering losses and that the Fed would also experience massive losses that will destabilize the global financial system! His company is the only one in the world offering a precious metals investment service outside the banking system, with direct ownership and full control by the investor. He has also become legendary for his predictions on QE, historic moves in currencies, and major global events. To find out what he and his company can do to help answer that age old question for you CLICK HERE. Egon von Greyerz continues: “Just look at the US. It is no accident that Jerome Powell will take over from Yellen as Chairman of the Fed. He is a safe pair of hands and has been a Fed governor for 5 years. He is the perfect choice for expanding the Fed’s balance sheet infinitely. US Federal debt is guaranteed to continue to double every 8 years, as it has since 1981. That means the US debt will go from $20 trillion to $40 trillion by the end of 2024. Even the Central Budget Office’s forecast is not far from $40 trillion. But we must remember that this figure doesn’t include what will happen to the US and global economy in the next few years. And in Europe, Draghi has now made it clear that the Protection Deposit Scheme is no longer necessary. Thus, the ECB is no longer guaranteeing customer deposits up to 100,000 euros. This should come as no surprise. When the crisis starts, no depositor will get real money back form any bank. When the crisis, that temporarily paused in 2009, resumes in earnest, there will be money printing on a scale that the world has never experienced before. That will be the time when the world will learn that the word ‘quadrillion’ actually exists, although no one can imagine the magnitude of that word. To put it in perspective, one quadrillion dollars is 15 years’ global GDP. So if global debt goes to one quadrillion dollars, including most derivatives, we would have to spend the next 15 years using the total gross production of the world just to repay the debt. That would mean 100% tax for 15 years. But is doesn’t stop there. When debt defaults start on a larger scale, central banks will lose control of interest rates. The manipulation of rates defies all laws of nature and supply and demand. It is not possible to have maximum credit and minimum interest rates. In a free market, if demand for credit is high, the cost of credit will also be very high. When the $230 trillion world debt starts to implode, central banks will no longer be able to hold rates down as global bond markets panic. It will start with the longer rates going up, and eventually higher long rates will pull the short rates up. In the 1970s and early 1980s, rates reached the high teens. This time they are likely to go higher as default and credit risks rise substantially. If interest rates rise to ‘only’ 14.4% annually, debt will double every 5 years. This means that the one quadrillion dollar debt will have grown to two quadrillion dollars five years later. As money printing escalates hand-in-hand with defaults, the world will experience hyperinflation on a level that no one can imagine today. At that point debt will probably have grown to tens of quadrillions of dollars. Most people will say that it would be impossible for debt to grow to these levels. Anyone who has studied historical debt defaults, money printing and hyperinflation, will realize that during these periods, debt grows to many multiples of the original debt. Money printing and hyperinflation become a vicious cycle that feeds on itself. Powerless central bankers lose control completely and always panic into the next level of money creation. In the end it all fails, since printed money can never create wealth. At that point the hyperinflationary depression turns to a deflationary depression. All credit disappears into a black hole, and so does a major part of the financial system. The assets backed by the printed money collapse in value by 90% or more. So can we avoid hyperinflation? Yes. That is possible if central banks are too slow to react as defaults start. We would then go straight to a deflationary collapse with a total failure of the financial system, and a very severe and lengthy depression. Thus, either we will see a total destruction of paper money in a hyperinflationary scenario, or a collapse of the financial system in a deflationary implosion of assets and debts. The most likely, in my view, is that we will have both — first hyperinflation and then deflation. But even during the hyperinflationary period, debt and bubble assets will deflate as commodities, including food, hyperinflate. Protect Yourself From Both Scenarios In both scenarios, physical gold and silver will be the only real money that will function. In the hyperinflationary case, gold will go to levels that are unimaginable, which could be $100s of trillions per ounce. The number of zeros will be unimportant. But of vital importance is the fact that gold will more than maintain its purchasing power. As the gold paper market collapses and the whole world wants physical gold, the price of gold in today’s money is likely to go up much more than 10-fold. In fact, we are likely to see a major bubble in the price of gold, and perhaps it will rise as much as 50- to100-fold during the next crisis. That would mean a price of $65,000 to $120,000 in today’s money. That might sound like a totally unrealistic target, but we must remember that the catastrophic scenario the world will experience in the coming crisis is also totally unrealistic for most people to fathom today. In a deflationary scenario, gold will not go to those high levels. First, gold will at least maintain its purchasing power. But since the financial system is unlikely to survive in a deflationary implosion, gold, and probably even silver, will be the only real money available. Thus, even in the deflationary case, gold is likely to go up substantially in real terms. With the troubles the world is facing, gold is clearly not going to be the sole solution to the massive problems we will all experience. There will be a lot of poor people and a lot of hungry people. Owning some gold will be extremely important, but the magnitude of the problems that the world will experience will likely negatively affect us all. In the meantime, stock markets and cryptocurrencies are ignoring the risks in the world. And we are not just looking at financial risks. Political risks are increasing in many areas. In Europe, Merkel has problems forming a government, the Irish government is about to collapse, and the Brexit negotiations are a total farce. Theresa May and Britain are being held ransom by the unelected, unaccountable and totally irresponsible Brussels elite. They are more interested in maintaining their political power than doing what is best for the European people. The situation in the Middle East is becoming more serious by the day. Will

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A pop star releasing music or photos is usually a cause for eternal happiness. But after five consecutive days of impromptu drops meant to promote her new single, “5 in the Morning,” Charli XCX is …
A pop star releasing music or photos is usually a cause for eternal happiness. But after five consecutive days of impromptu drops meant to promote her new single, “5 in the Morning,” Charli XCX is apologizing to fans. “Me and my friends really hustled to get all this stuff together in a week,” she tweeted after offering a free download to six remixes of the new song. “I’m sorry if it’s not what you were hoping for but I’m trying my best here.”It is approaching four years since Charli last released an official studio album. During one of the many fruitless build-ups to a new LP, Charli once told Zane Lowe “the albums out in May (of 2017). I’m sure I’ll just get bored and leak the whole thing before then anyway.” So when clean-cut studio singles began mysteriously appearing online last summer, with still no album release in sight, the train to Charli’s career left the station and long since found its way off the tracks with Charli, her label and an alleged group of hackers all claiming to be in the driver’s seat.While touring her last album Sucker in 2014, Charli took on a BBC documentary project that chronicled her perspective as a feminist in the music industry. She conducted her own interviews, backstage at festivals and in between sets, employing herself as a full-time filmmaker while fulfilling the role of a full-time pop star. Halfway through the tour, Charli had enough of the pop circuit. She stepped down from her headline spot, citing a need to create in order to return to a place of happiness. The “Boom Clap” and “Fancy” era of her career that saw her break onto pop’s main stage ended abruptly, if not uncharacteristically by the genre’s lofty standards.But Charli didn’t waste time getting back on the horse. She had met SOPHIE, the then-illusive internet producer, at a writing camp in early 2015 and only two weeks after what would have been her final date on tour the duo released their first collaboration. Charli traded in school uniforms and guitar licks for black latex and synth hits. Fellow UK producer A.G. Cook and his PC Music associates (described as a sonic “critique of late capitalism” by Pitchfork around the time) were also enlisted in what appeared to be a makeover, but was more of a callback to the earlier stages of Charli’s career when her music was made for Myspace and London raves. “Vroom Vroom” sutured whiplash to sugar pop, throbbing drums blasted from a lavender Lamborghini, doppler effect and all.SOPHIE and PC Music helped Charli craft her next full-length album, XCX3–the shorthand placeholder name for the project, her third studio record. As 2016 came into focus, Charli revealed the album had already been finished. “I’m just gonna put it out and the music can do all the press for me,” she mused at the NME Awards in February. Less than a week later, an EP extension of “Vroom Vroom” was announced as the imminent release.The project debuted on a newly established record label owned by Charli called Vroom Vroom Recordings. The decision laid the groundwork for her aspirations beyond the role of singer/songwriter but with a barebones website, minimal releases from its signees (RIVRS and Cuckoolander) and almost no social media posts since the summer of 2016, Vroom Vroom Recordings falls somewhere between a neglected pet project and a music shell company needed to free Charli’s new sound.On the first episode of her Beats 1 radio show “The Candy Shop,” Charli described a segment dubbed the “Marmite moment” where she would play a song that she loved, but her friends thought she was crazy for liking. “This is a song that’s gonna split people’s opinion, you’re either going to think I’m an idiot or you’re going to think I’m a genius–obviously the right answer is genius.”Vroom Vroom, a hard-hitting four track EP, would be the Marmite moment of Charli’s career and there’s little to suggest her (proper) label, Atlantic Records, did much else but spit it out. “Vroom was not us trying to appease anyone,” she explained to The FADER months later. “I think my label got afraid and I think a lot of people were confused. But I just felt that I wanted to–I just wanted to do that.”The project’s biggest impact was on Charli’s fanbase. Listeners who began following after the film The Fault in Our Stars were likely tuned out. Devotees saw the change as exciting growth that was simultaneously grounded in her early career while PC Music fans praised the collaboration as deserved mainstream attention for their underdog sound. This new era of her career melded fans who not only enjoyed the Marmite, but wanted to injected it into their veins.Live performances in 2016 teased what sounded like the full length cut to Charli and Sophie’s collaboration (heavyweight producers Stargate and BloodPop were later confirmed to be involved as well). Unreleased songs like “No Angel,” “Taxi” and “Round and Round” had those in-tune with the new sound paralyzed in euphoria, awaiting an elctro-pop coup de grace that never came. Instead, they got treated to a track with Lil Yachty on Halloween.Ending the year with “After the Afterparty” was a reminder of Charli’s mainstream commitments. After eight months of unsupervised fun, the party was put on hold. Charli promised a May release date for her album while on the record with Zane Lowe and hummed about leaking it before then anyway.The next leg of the “After the Afterparty” press tour, about a month later, delivered a more concise stump speech. In an interview with Entertainment Weekly she revealed the Sophie-led album was still in the cards, but the live teasers like “Taxi” were now simply demos with no place on the project. Again, Charli slipped in the idea of a leak. “I don’t know how many (songs we recorded), but we did a lot. It’s cool because we can pitch them or leak all of them or whatever.”A month later, at the start of 2017, the goal posts to the album were still moving. Charli told Rolling Stone that half of the project would resemble the “After the Afterparty” sound, in what felt like a compromise with the label for a more feasible follow-up to Sucker.Charli didn’t pull any punches looking back on her previous LP soon after. “I made some rash decisions with Sucker,” she told Q Magazine the same month. “Like the song ‘Break The Rules.’ That song was so bad. I hate it… I was like, ‘Whoever sings this song is an idiot’… Cut to: four months later, it’s on my album and it’s my new single. I fucked myself.”The “half and half” directive would soon make a high-stakes debut on Jimmy Kimmel Live! where Charli performed “After the Afterparty” and a new track simply dubbed “Bounce.” With A.G. Cook—now her creative director—laid passed out on stage, Charli delivered a cheery but mellow performance of the former before letting loose on what felt like the main event. “Bounce” fired DJ hype lyrics and a radiant chorus through Cook and SOPHIE’s strobe light, rubber wrecking production, predictably unmarketable to the average late night talk show viewer while her fans watched on in awe.The TV spot was likely the first nail in the shelf to the SOPHIE version of XCX3 as both performances have been largely scrubbed from the web. A week later, back at the NME Awards, a familiar tale unfolded as Charli brushed off talk of a new single or any album-related info. Instead, she revealed a forthcoming mixtape produced by Cook. Between her rampant recording schedule and not wanting to let fans down, the project would parlay while the label weighed another delay to whatever was becoming of the album, post-late night market test. Frustrated by apparent pushback on the idea, Charli would tweet a week later, “You have no idea how fucking hard it is to just release a free fucking mixtape in 2017.”Number 1 Angel would see the light of day in March (for fucking free, no Number 1 Angel Recordings needed) with little external promotion. The sound combined Cook’s PC Music expertise with Charli’s pop affection. Tracks like “3AM,” “Roll With Me” and “Lipgloss” were a continuation of the sticky “Taxi” sound from the previous year, coupled with moodier romantic takes as a centerpiece. At times, Number 1 Angel sounded like a project put together in only a few weeks, but more importantly, it was Charli doubling down on the PC Music sound and honing in on a more fluid music identity.The prospect of a May album being released only two months after the mixtape hadn’t been officially ruled out, though it did seem unlikely. I reached out to Atlantic Records in April about any forthcoming press opportunities, hoping to gauge if an album was still in the cards, but was quickly spun onto more timely clients, mostly David Guetta.Charli’s next label-backed move was, however, already inked at the time. She mused on Twitter about a perfect world where she could tour with her friends and collaborators, including Cupcakke, Brooke Candy, Dua Lipa, MØ, Abra and Tinashe. A few days later, she was announced as the opener for Halsey’s upcoming fall tour, third on the ticket below PartyNextDoor.Shortly after the release of Number 1 Angel, a member of the team responsible for her go-to fan “update” account reached out to congratulate the pop star on the mixtape forray. The account, @Fckyeahcharli, had been in contact with the pop star herself on previous occasions, mostly since her career turn in Vroom Vroom, though they began posting updates during the Sucker era. The encouragement was met with what one of the posters thought was another scoop for fans.Charli revealed she had a WeTransfer file–the same service she used to release official music as recently as last month–that she planned to drop soon as well. @FckyeahCharli relayed the message to fans, who expected studio quality versions of “Bounce,” “Taxi,” “No Angel” and other XCX3 songs to be on the way. But with info of the WeTransfer now public, Charli went silent on the idea. Before the end of March, the first of hundreds of unreleased Charli XCX songs would begin appearing online.The infrastructure for sharing leaked pop music in the digital age has evolved in recent years. Lanaboards, a Lana Del Rey fansite, operated as ground zero for the singer-songwriter’s own infamous leak saga which resulted from a hacked hard drive in 2011. After Charli’s mixtape, talk of leaks escalated from the occasional murmur—typical of any major artist’s sporadic leakage—to fans suddenly showing off playlists with dozens of unreleased tracks, spanning multiple eras of Charli’s career.The expected album release month of May came and went as the leaks quietly bubbled beneath the surface. Charli presented a picture of label unity in a short interview with The FADER in mid-July, declaring she had no intentions to go independent–not that anyone had really speculated at that point, outside of of recap of label drama by The Guardian in March. Shortly after, she would return to unsupervised fun out in Tokyo with Cook and playing a DJ set for NYLON Japan, still showing off her SOPHIE collaborations before circling back for a proper single release in “Boys” to end the month. The song was a rare, non-PC-influenced track that Charli didn’t write herself (despite being

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in decision making and inspire action, she earns a seat at the table wherever she serves. She has over 18 years of experience in banking & financial services industry, manufacturing, IT, insurance …
in decision making and inspire action, she earns a seat at the table wherever she serves. She has over 18 years of experience in banking & financial services industry, manufacturing, IT, insurance and public accounting firms. Prior to joining DMM Group, she spent about 8 years in the investment banking industry where she rose through the ranks of Merrill Lynch Japan Securities Co., Ltd. responsible for Corporate Financial Planning and Analysis, leading business plan development, financial forecasting, financial analysis, and capital commitment planning, as well as competitive analysis. Esther drives on-going focus and efficiencies on cost optimization and expense management across the Asia Pacific segment of their Corporate Workplace Division. Born in Malaysia and migrated alone to Singapore at the age of 15. Esther receives her B.Sc. (Hons) with First Class Honors in Finance and Accounting from University of Salford in UK. She is also a Chartered Certified Accountant and now a fellow member of Association of Chartered Certified Accountants ACCA. Teemu Suna is one of the founders, CEO and chairman of Nightingale Health, a blood testing company aiming to solve the global burden of chronic disease. A passionate advocate for disruptive health solutions, Suna has steered Nightingale into an established growth company with over 60 team members and customers in over 20 countries. Since late 2015, Suna has raised over €40 million to bring Nightingale’s technology to global healthcare. Prior to Nightingale, Suna spearheaded pioneering business ventures in healthcare IT, serving as Chief Technology Officer at Fujitsu Finland. Immersed in the field of computational medicine, Suna has authored scientific articles on applying artificial neural networks in medical applications. Determined to make preventive medicine a concrete reality for all, at Nightingale, Suna has united expertise from a diverse range of different backgrounds to further push the boundaries of the health industry. Slush Tokyo and Recruit are bringing together big names from the Blockchain scene for an exclusive night by the Tokyo Bay. The speakers will cover diverse topics within blockchain with the panoramic Tokyo Bay skyline behind them. Get ready for compelling discussions as well as food, drinks and quality networking. Think beyond borders: why digital entrepreneurs from all over the world become e-residents of Estonia. Estonia is creating a borderless digital society for global citizens as the first country to offer e-Residency. In 4 years, the programme has attracted + 50,000 citizens from +160 countries and they have created +6,500 companies in Estonia that they can run fully online from anywhere in the world. If you’re already an e-resident and/or wish to know more about Estonia’s digital society, join this casual networking event with representatives of the programme and Japanese e-residents. Location : Jinnan Cafe (1 Chome-17-5 Jinnan Shibuya-ku Tokyo) Registration -56486857712 Executive Breakfast is a casual networking event with key thought leaders and decision makers across various industry sectors from all around the world. Free Entrance for all Slush Tokyo 2019 Executive Pass holders. Join us for good food, coffee, music and talks! Click me for more information. Art Session: Relax with the Art within You Art has the power to represent your life - come and have a fresh look at yourself. This session will allow attendees to experience art in a new way. It’s not about what other people think, it’s about what you feel about yourself and what you're doing. It’s about that moment of trying something -- if it looks good or sounds good, that is what art is all about. Let’s find out what the art world gives you in this one hour. Target: Those who are interested in art, those who want to enhance your creativity and self-consciousness, you! Serial Entrepreneur and Angel Investor. MSc, in Artificial Intelligence, from Tokyo University. Engaged in research on Recommendation Engine, Complex Network, Clustering. Won the Innovative Software Creation Program (Super Creator Award) under Information-technology Promotion Agency Japan (IPA) in 2005 and 2006. Started her first business to create the middleware which enables to develop iOS / Android / Feature Phone simultaneously, and sold the company to mixi.inc. Chairman & Co-Founder, Animoca Brands and Founder & CEO, Outblaze A technology entrepreneur and investor based in Hong Kong, Yat Siu is the chairman and co-founder of Animoca Brands, a company listed on the Australian Securities Exchange (ASX: AB1) that leverages gamification, blockchain, and artificial intelligence technologies to develop and publish a broad portfolio of mobile products. Yat began his career at Atari Germany in 1990. In 1995 he moved to Hong Kong to establish Hong Kong Cybercity/Freenation, the first Asian free web page and email provider. In 1998 he set up Outblaze, an award-winning pioneer of multilingual white label web services. In 2009, he sold Outblaze’s services business to IBM, and pivoted Outblaze to digital entertainment services and products. Outblaze is now a conglomerate of companies focused on cloud, AI, blockchain, and smartphone software. Yat is the CEO of Outblaze, and he is a director for TurnOut Ventures, a partnership between Outblaze and Turner Entertainment that brought to prominence the hugely popular emoticon character Tuzki. In 2017 Yat set up the Dalton Learning Lab, an afterschool lab environment that supplements Hong Kong students with skills not emphasized by the local education system, including divergent thinking and design thinking. He is also the founder of ThinkBlaze, the research arm of Outblaze investigating socially meaningful issues in technology. Yat has earned numerous accolades including Global Leader of Tomorrow at the World Economic Forum, and Young Entrepreneur of the Year at the DHL/SCMP Awards. A classically trained musician, Yat is a member of the advisory board of BAFTA (British Academy of Film and Television Arts) and a director of the Asian Youth Orchestra. Panasonic: Game Changer Catapult Business Creation Open Dialogue Session An interactive session focused on people interested in the startup scene as a whole. Masa Fukata, the director of Game Changer Catapult will welcome Masahiro Kotosaka, Associate Professor, Faculty of Policy Management, Keio University, and Yuka Tanimoto, Senior Editor and Chief Producer of Event Production Group, Forbes Japan, to discuss innovation. We will also introduce the entrepreneur projects in collaboration with Avex and Keio SFC. Finally, we will demonstrate “cleaning as training” in order to share the new concept of housework. Target: startup company, involved health tech, electronic industry, you! Masa co-founded an internal innovation accelerator “Game Changer Catapult” in 2016, an initiative to transform ideas into reality to make the people’s wish through open innovation for a better life, a better world at the home tech division, Appliances Company in Panasonic Corporation. Also, he was appointed as Director in BeeEdge Co., Ltd. a joint-venture business incubation company with Panasonic, Scrum Ventures LLC, a US-based venture capital firm, and INCJ, Ltd. He started his career in Panasonic, executed marketing communications for

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Distributed Content Delivery and Cloud Storage Various blockchain projects are trying to solve one challenge in decentralizing the internet: distributing content itself. Blockchains are distributed …
Distributed Content Delivery and Cloud Storage Various blockchain projects are trying to solve one challenge in decentralizing the internet: distributing content itself. Blockchains are distributed databases storing an immutable history of cryptographic signature transactions, representing transfers of value on the network. This has brought trust and honesty to entirely decentralized currency, though the detractions to versatility are nearly twofold: blockchains grow rapidly as transaction blocks are added over time, resulting in the current size of the bitcoin blockchain which, at time of writing, is roughly 95 gigabytes. Because of this scalability issue, many regular users cannot run full and independent network nodes because they cannot accommodate the space required to store the entire blockchain, despite it being composed of blocks no bigger than a single MB. This means that though blockchains are very useful for solving certain problems, storing any more complicated data on a blockchain would be enormously inefficient. Despite blockchains being plagued by this size issue, and having use only for storing tiny cryptographic signatures of transactions and transfers of value, distributed ledgers still have much to offer to the fields of cloud storage and data delivery. Blockchains have proven useful for establishing trust and authenticity for a framework below decentralized applications. Users around the world collectively carry enormous amounts of unused space on many devices. By using blockchain as a decentralized management system on which to build decentralized apps, it is possible to harness this collective storage power to create a field of blockchain based peer-to-peer cloud storage and data delivery networks. On these platforms, users can rent out storage or bandwidth to other users on the network and be compensated for their service offered to the network with crypto assets. Following is a table comparing several blockchain based peer-to-peer cloud storage and content delivery platforms: The Internet has become one of the most significant sources for consuming media content in the modern world. To help satiate the voracious demand for web content, Content Distribution Networks are used. These networks of dedicated servers distributed around the globe employ techniques such as edge caching and route optimization to participate solely in uploading and sharing media at lightning speeds, optimizing access to digital content for worldwide internet users. Generally, large companies such as Netflix own specialized content distribution networks composed of many dedicated servers, while smaller businesses can rent content distribution network space from companies such as Akamai. Another significant service in today’s digital landscape is cloud storage, which will be used by an estimated 1.8 billion users worldwide in 2017. Put simply, cloud storage refers to rentable storage space accessed over the internet. Most online applications already engage cloud storage. For example, documents, images, and emails accessed through web applications like Dropbox or Gmail aren’t stored on your physical machine, they are stored in the cloud. Though cloud storage refers simply to storage offered over the internet, and content distribution networks are servers located geographically to deliver content quickly, combining CDN and cloud storage infrastructure is also common. Though large companies with datacenters and servers generally lead the cloud storage and CDN space, there has also been an emergence in entirely decentralized distribution networks and storage alternatives used by millions of users around the globe. For example, Bittorrent, an internet peer-to-peer content distribution protocol, accounted for more than a quarter of all upstream traffic in North America last year, according to a study by Sandvine, a Canadian broadband company. The Bittorrent protocol enables the propagation of “torrent files[1]” using “swarms,” or networks of computers simultaneously downloading and uploading .torrent files without a central coordinating server. Because Bittorrent downloads are distributed amongst an enormous number of participating peers, controlling this peer-to-peer traffic is far more difficult than blocking traffic coming from official distribution servers. This is the reason Wikileaks releases sensitive content over Bittorrent, and pirating media content proliferates upon the peer-to-peer protocol – the reason Bittorrent has become nearly synonymous with pirating.[2] Decentralized content distribution, such as that provided by Bittorrent, has very legitimate benefits as well. For example, the Bittorrent protocol is used by organizations to provide alternative downloading methods to their users. Linux distributions are often released over Bittorrent, and the Blizzard gaming company offers a Bittorrent alternative for software updates. Releasing content on peer-to-peer distribution networks is a cheap solution for individuals and businesses, and by distributing bandwidth occasionally offers faster download speeds than centralized servers. Decentralized datasets and ledgers, also referred to as Blockchains, present additional examples of the great benefits of peer-to-peer technology. Blockchain has revolutionized the way we look at Fintech, realized the concept of decentralized and autonomous organizations, and provided solutions for decentralized supercomputing, to name a few of the many recent innovations. Because data storage, and content and media delivery is becoming ever more distributed, blockchain solutions could revolutionize content delivery, data storage and media platforms as well – which is exactly what the following projects are seeking to deliver to the blockchain space. DECENT is a decentralized content distribution network designed upon an independent blockchain, targeted towards content creators and authors. Instead of content creators trusting distribution to publishers who often exert influence over artists creative and financial freedoms, the DECENT blockchain assumes this role. The DECENT blockchain is essentially a blockchain publishing intermediary, handling everything from the secure distribution of media, to the payment of authors and distribution nodes, and maintenance of content creator’s reputations. Content creators release cryptographically secured digital media – ebooks, videos,

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Please do not replace or remove without starting a new thread. Token Black and Token Crip. The Token Minority is a character designed to get more minority groups into the plot. This serves several …
Please do not replace or remove without starting a new thread. Token Black and Token Crip. The Token Minority is a character designed to get more minority groups into the plot. This serves several purposes: Allows the producers of the show to broaden the appeal of the show by giving more viewers protagonists they can identify with. Is useful for bringing in discussions of racial issues, gender issues or homophobia into the plot. Helps the producers feel a little better about using a Scary Minority Suspect in every other case. Allows the producers to make race jokes related to minority without any shame. Allows the producers to avoid criticism from minority groups. Fulfills the executives' desire for the show to be more ethnically respectful. Depending on the setting, it can merely be an accurate representation of demographics in that region or industry. In some casts of animal, alien, or monster characters, World of Funny Animals or not, there is a majority species and one or more minority species. Often the majority of the animal cast is made up of mammals and there is a token non-mammal. Usually, the token non-mammal is a bird, but reptiles, amphibians, and even invertebrates are certainly not unheard of. Sometimes, there are token Petting Zoo People in a group of Funny Animal /Civilized Animal tier animals. Sometimes, there are token animals, aliens, or monsters representing ethnic minorities in a group made of supposedly "white" ones. You might see this term used derisively in most contexts. This isn't out of contempt for minorities; this trope simply causes problems with representation, where, for example, the single black guy is forced to be exemplary of his entire race. This is very likely to lead to Positive Discrimination and make him The Scrappy . If there are instead four minorities (assuming a sizable cast), they can all have different strengths and flaws which round them out and make them generally equal to the rest of the cast. Taking this approach, Unfortunate Implications are unlikely to happen unless you somehow subject them all to the same stereotypes. You can even have one be explicitly antagonistic. However, this can be Truth in Television in cases where the prevalence of the minority, combined with the size of the cast and the demographics of the setting make it genuinely unlikely that there will be more than one member of the minority present (not that this would justify stereotypes, but it would justify having only one minority). For instance, a show set in rural Maine would strain credulity if its cast of five main characters included multiple racial minorities (simply because rural Maine is overwhelmingly white), and a show set in the American Bible Belt would have a hard time convincingly justifying multiple self-professed atheists in a cast of ten (unless a major theme of the show is nonconformity or religious/atheist tensions). Compare Captain Ethnic , Token Nonhuman , Token Human , Token Enemy Minority , Token Minority Couple , Token White , Twofer Token Minority , Five-Token Band , Informed Judaism , Black Vikings , Black Best Friend , and The Smurfette Principle . Examples: open/close all folders Advertising TV Ads in Australia sometimes have this (especially in "hip" young thing products like Coke). May have 1 Asian Woman, 1 African Woman, 1 White Girl, 2 White Guys and 1 Aboriginal or Middle Eastern Male. Target ads are particularly well-known for this. There will always be one blonde white girl, one brunette white girl, one Asian girl and one black girl. Always. University brochures also do this. You'll always see at least one black person and Asian person for every two white people. In brochures for traditionally black schools, there's a token white on every page. Further proof that Covers Always Lie. A controversy erupted after it was revealed that a photograph used to adorn the front of a University of Wisconsin-Madison undergraduate application booklet for the 2001-02 school year was altered to add the image of a black student among a sea of white faces. A Veet ad has this. When they state that eight out of ten women were happy with the product, they showed a lineup of eight women with one of them being black. Curiously, they are all dubbed over with the same voice. Anime & Manga Poor Hans, in The Daughter of Twenty Faces, is seemingly the only non-Japanese member of a group of burglars led by Gentleman Thief "Twenty-Faces" that is ostensibly a globe-trotting organization. He often uses Gratuitous German, to boot. Super Dimension Fortress Macross/Robotech had Claudia Grant/Claudia LaSalle, apparently the only black woman on the entire ship. Super Dimension Cavalry Southern Cross had Bowie Emerson, seemingly the only black man on the entire planet Glorie. In Robotech, he was re-written to be Claudia's nephew (and given a new surname of "Grant"). Rakshata and Viletta of Code Geass, as they're the only Non-white/Chinese/Japanese characters of any plot importance, and of the two, Rakshata is the one who gets played in a more positive light. Of the others, we have a supposedly elite pilot who dies mere seconds after she first appears on screen, and King. And Nunnally fits in to the paraplegic category. Mobile Suit Gundam 00: In the first season of Gundam 00, Daryl Dodge has the honor of being the only black person at all. He's also killed off in episode 23. Season 2 does introduce another black man as president of the Earth Sphere Federation, although that might be more to reflect the real world than tokenism. However, he has little impact on the plot. A minor example with Setsuna F Seiei-whilst he does appear to fit this trope both within Celestial Being and in the wider Gundam metaverse in regards to protagonists, his middle eastern homeland forms a two episode story arc in the first season and plays a large role in his interactions with the princess of a neighbouring country. However, the middle eastern aspects of the story only serve to represent the region and 21st century problems to Japanese audiences, and beyond that, has no real importance to the story as the series progresses. Mobile Suit Gundam 0080: War in the Pocket has Professor Lunland as the sole black character, and Gabriel as the sole Latino. Mobile Suit Gundam ZZ has the black Shinta and Ambiguously Brown Qum, but that's about it. Later in the show, Judau ended up befriending a young pilot from Africa, but his time on the show was very brief. Simon is the only black character in Durarara!!, though a black gangster is also seen in the episode "Heaven's Vengeance". It's also implied that minor character Tom Tanaka might be part black, though it's never clarified either way. Sailor Moon: Elza Gray was the only black character in Sailor Moon. There was also the Ambiguously Brown Sailor Pluto, depicted as noticeably dark-skinned in comparison to other Senshi, and moreso in the manga. Some say she's of Romani descent. Indian student Akira is the only non-Japanese member of the main cast of Tsuritama. Kate, the grandmother of one of the other protagonists, is French, while several black and Arabic members appear in the show's villainous Cosmopolitan Council. Bob from Tenjho Tenge would count as this. He's the sole black member of the otherwise Japanese cast. Similarly, Central High's Vice President is the only black character in Daily Lives of High School Boys. Understandable since the series is set in a small Japanese town, and usually it tends to be large cities that take part in student exchange programs with other countries. Yasutora "Chad" Sado in Bleach is half-Japanese, half-Latino in an otherwise manga-typical all-Japanese cast. Jun Hono, the half-black, half-Japanese pilot from Great Mazinger and Mazinkaiser. Jose Rodriguez, the nerdy Afro-Latino doctor from Kyo Kara Maoh! Mikasa from Attack on Titan is one of the very few Asians alive, if not the last one, at the time of the story. She serves as a deconstruction; she's a token minority because her mother's people have been nearly wiped out. The fandom sometimes jokingly speculates that she's the beneficiary of Conservation of Ninjutsu because of this, resulting in Positive Discrimination. It's ultimately subverted when we find out that Levi's surname is Ackerman, indicating that Mikasa's badass qualities are inherited from her European father's lineage, not her Asian mother's. Choe Gu-Sung from Psycho-Pass is the only Korean character in a series that takes place in Japan. In Saki, an inversion happens for Rinkai, whose mahjong team is otherwise composed of transfer students. Satoha, the vanguard player, is the only Japanese member of the team, partly because of the rules requiring a Japanese player as vanguard, and partly because she is the ace. Played straight with Aislinn of Miyamori's team, who is from New Zealand and is on an otherwise entirely Japanese team. Fullmetal Alchemist: The Conqueror of Shamballa takes place in early 20th century Germany. Of the main characters Noah is the only non-white character, being Romani.

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