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Archive for the ‘cryptocurrencies’ category: Page 38

Jan 6, 2015

Bitcoin’s Plummeting Crash and How it Affects Altcoins

Posted by in categories: bitcoin, business, cryptocurrencies, economics, finance

Bitcoin Price Crash

The volatile nature of bitcoins took its toll as recent turn of events saw the value plunging down to $274 as of this writing. CoinDesk Bitcoin Price Index reported that while it opened to $314.59 last Saturday, it was followed by a staggering $263.63 the next day.

The remarkable price drop got everyone talking and while it instigated worries among market watchers, some focused on its bright side, deeming it the perfect opportunity for buying. However, the question still lies out in the open unanswered. What caused the steep crash?

Theories suggest that it may have something to do with margin calls, which if accurate, already did something of this nature sometime in August last year. The holiday season is another factor that may have had affected the value of bitcoins inadvertently. This was the season where exchanges were few with all the banks closed, disabling traders from filling up their cryptocurrency accounts.

Continue reading “Bitcoin’s Plummeting Crash and How it Affects Altcoins” »

Jan 4, 2015

New Book: An Irreverent Singularity Funcyclopedia, by Mondo 2000’s R.U. Sirius.

Posted by in categories: 3D printing, alien life, automation, big data, bionic, bioprinting, biotech/medical, complex systems, computing, cosmology, cryptocurrencies, cybercrime/malcode, cyborgs, defense, disruptive technology, DNA, driverless cars, drones, economics, electronics, encryption, energy, engineering, entertainment, environmental, ethics, existential risks, exoskeleton, finance, first contact, food, fun, futurism, general relativity, genetics, hacking, hardware, human trajectories, information science, innovation, internet, life extension, media & arts, military, mobile phones, nanotechnology, neuroscience, nuclear weapons, posthumanism, privacy, quantum physics, robotics/AI, science, security, singularity, software, solar power, space, space travel, supercomputing, time travel, transhumanism

Quoted: “Legendary cyberculture icon (and iconoclast) R.U. Sirius and Jay Cornell have written a delicious funcyclopedia of the Singularity, transhumanism, and radical futurism, just published on January 1.” And: “The book, “Transcendence – The Disinformation Encyclopedia of Transhumanism and the Singularity,” is a collection of alphabetically-ordered short chapters about artificial intelligence, cognitive science, genomics, information technology, nanotechnology, neuroscience, space exploration, synthetic biology, robotics, and virtual worlds. Entries range from Cloning and Cyborg Feminism to Designer Babies and Memory-Editing Drugs.” And: “If you are young and don’t remember the 1980s you should know that, before Wired magazine, the cyberculture magazine Mondo 2000 edited by R.U. Sirius covered dangerous hacking, new media and cyberpunk topics such as virtual reality and smart drugs, with an anarchic and subversive slant. As it often happens the more sedate Wired, a watered-down later version of Mondo 2000, was much more successful and went mainstream.”


Read the article here >https://hacked.com/irreverent-singularity-funcyclopedia-mondo-2000s-r-u-sirius/

Dec 30, 2014

The Blockchain is the New Database, Get Ready to Rewrite Everything

Posted by in categories: architecture, automation, big data, bitcoin, business, complex systems, computing, cryptocurrencies, cyborgs, defense, disruptive technology, economics, education, encryption, engineering, finance, futurism, genetics, geopolitics, governance, government, hacking, hardware, human trajectories, information science, internet, law, military, mobile phones, nanotechnology, neuroscience, open access, open source, philosophy, physics, privacy, robotics/AI, science, scientific freedom, security, singularity, software, strategy, supercomputing, transhumanism, transparency

Quoted: “If you understand the core innovations around the blockchain idea, you’ll realize that the technology concept behind it is similar to that of a database, except that the way you interact with that database is very different.

The blockchain concept represents a paradigm shift in how software engineers will write software applications in the future, and it is one of the key concepts behind the Bitcoin revolution that need to be well understood. In this post, I’d like to explain 5 of these concepts, and how they interrelate to one another in the context of this new computing paradigm that is unravelling in front of us. They are: the blockchain, decentralized consensus, trusted computing, smart contracts and proof of work / stake. This computing paradigm is important, because it is a catalyst for the creation of decentralized applications, a next-step evolution from distributed computing architectural constructs.

Screen Shot 2014-12-23 at 10.30.59 PM

Read the article here > http://startupmanagement.org/2014/12/27/the-blockchain-is-th…verything/

Dec 29, 2014

Blockchain 2.0 arms race: Blocknet declares first shots fired between nodes on separate blockchains

Posted by in category: cryptocurrencies

Quoted: “Two individual blockchains have been successfully linked, as Blocknet announced last night that Xbridge technology had for the first time allowed communications between nodes on two separate blockchains through their Xhub protocol. Aiming to construct “the internet of blockchains,” the new protocol is designed to allow separate blockchains to inter-operate.”

Read the article here > Arms Race — Blockchain 2.0

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