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Category: bitcoin – Page 47

How developments in Quantum Computing could affect cryptocurrencies

by Eloisa Marchesoni

Today, I will talk about the recent creation of really intelligent machines, able to solve difficult problems, to recreate the creativity and versatility of the human mind, machines not only able to excel in a single activity but to abstract general information and find solutions that are unthinkable for us. I will not talk about blockchain, but about another revolution (less economic and more mathematical), which is all about computing: quantum computers.

Quantum computing is not really new, as we have been talking about it for a couple of decades already, but we are just now witnessing the transition from theory to realization of such technology. Quantum computers were first theorized at the beginning of the 1980s, but only in the last few years, thanks to the commitment of companies like Google and IBM, a strong impulse has been pushing the development of these machines. The quantum computer is able to use quantum particles (imagine them to be like electrons or photons) to process information. The particles act as positive or negative (i., the 0 and the 1 that we are used to see in traditional computer science) alternatively or at the same time, thus generating quantum information bits called “qubits”, which can have value either 0 or 1 or a quantum superposition of 0 and 1.

Future Cities & Societies: Governance, Law, Blockchain

I’m speaking next Friday evening, Dec 14, at 6PM then doing a panel at the NodeSF in San Francisco. Hosted by the Institute for Competitive Governance and Startup Societies Foundation, the event will discuss innovative approaches for new cities and societies. Join us in building the future! https://www.eventbrite.com/e/future-cities-distributed-socie…gFeha96wn2 #transhumanism

How are the future cities going to look like? Are they going to be sovereign states? Will people have decentralized governments? What is the future of law like?

Quantum computers put blockchain security at risk

The longer-term answer is to develop and scale up the quantum communication network and, subsequently, the quantum internet. This will take major investments from governments. However, countries will benefit from the greater security offered13. For example, Canada keeps its census data secret for 92 years, a term that only quantum cryptography can assure. Government agencies could use quantum-secured blockchain platforms to protect citizens’ personal financial and health data. Countries leading major research efforts in quantum technologies, such as China, the United States and members of the European Union, will be among the early adopters. They should invest immediately in research. Blockchains should be a case study for Europe’s Quantum Key Distribution Testbed programme, for example.

Bitcoin and other cryptocurrencies will founder unless they integrate quantum technologies, warn Aleksey K. Fedorov, Evgeniy O. Kiktenko and Alexander I. Lvovsky. Bitcoin and other cryptocurrencies will founder unless they integrate quantum technologies, warn Aleksey K. Fedorov, Evgeniy O. Kiktenko and Alexander I. Lvovsky.

Bitcoin will make you filthy rich, cure cancer and prevent earthquakes!!!

Giulio Prisco ‘s key point: “My first reaction to Satoshi’s white paper was like, here’s a possibly viable implementation of an internet currency independent of nation states, which can be used for online payments with strong privacy. My current description of bitcoin is exactly the same.”

Forget the ongoing bitcoin crash. Forget that you lost 80 percent of your crypto wealth since Christmas last year. If you HODL, Crypto Santa will make you filthy rich by Christmas next year.

When the Fork Forks: What You Need to Know as Bitcoin Cash Goes to War

Bitcoin seems largely a ‘psychological’ currency whose value oscillates mostly in response to changes in folk’s opinions rather than shifts in some real underlying store of value, imo https://bitcoinmagazine.com/articles/when-fork-forks-what-yo…-goes-war/ https://paper.li/e-1437691924

Here’s what you need to know to get up to speed.

As a quick reminder, what is Bitcoin Cash again?

Bitcoin Cash (sometimes referred to as “Bcash” or “BCH”) is a cryptocurrency that split off from the main Bitcoin blockchain in August 2017. Culminating from Bitcoin’s years-long scaling dispute, the spinoff project most notably increased its block size limit through a contentious hard fork upgrade, “forking off” to become its own coin — though some of its proponents see it as the “real Bitcoin.” While currently trading at a fraction of bitcoin’s value — around $480 at the time of writing — Bitcoin Cash is the fourth biggest cryptocurrency by market cap and has garnered support from big names in the cryptocurrency space like bitcoin.com CEO Roger Ver and Bitmain co-founder Jihan Wu.

Bosch Boosts IOTA With New Device Connectivity For IoT Data Collection

Multinational engineering and electronics giant Bosch recently highlighted a new device connectivity method which will work with the Iota marketplace, among other things, for real-time IoT (Internet of Things) data collection and sales.

Data Collection for the IOTA Marketplace

In a recent blog post the firm opened with a quote from 1999 from Nobel Prize winner Milton Friedman extolling the virtues of anonymously transferring funds on the internet, way before cryptocurrencies were even conceived. It continued to elaborate on the Iota ecosystem, its advantages over Bitcoin, and why it has been chosen as a partner.

Blockchain millionaire plans smart city in Nevada desert

Cryptocurrency millionaire Jeffrey Berns has revealed plans to develop a large parcel of Nevada’s desert into a smart city powered by blockchain technology.

Berns, who made a fortune selling cryptocurrency last year, plans to transform the 67,000-acre (27,113-hectare) plot in the north of the US state after paying reportedly paying $170 million (£130 million) for the land.

The site known as Innovation Park, which neighbours hubs of major tech giants including Google, Apple, Switch and Tesla, is already home to the headquarters of his company Blockchains – an incubator that supports ventures and businesses using blockchain technology.

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